Standard Chartered at Bank of America conference: growth, AI and caution

America’s phone-carrying shopper is becoming less of a bargain hunter and more of an in-aisle decision maker. That shift stands out in PYMNTS Intelligence’s 2026 Global Digital Shopping Index: U.S. Playbook, “The New American Shopper.” The report finds that consumers now record 51 digital shopping days a month, up from 46 in January 2024. Much…

SpaceX’s Slipping Share Price Turns IPO Into Test of Market Confidence Market Reaction to SpaceX’s IPO Performance By Laura Matthews NEW YORK, July 15 (Reuters) – SpaceX’s slip close to its initial public offering price risks turning a marquee stock-market debut into a confidence test, potentially unsettling retail investors and complicating decisions for other companies…

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A pair of Texas advisors face decades in prison after they were convicted this week of co-conspiring with a radio personality on a Ponzi scheme that bilked millions from investors, according to the Justice Department. Lubbock residents Joshua Allen and Michael Cox were convicted at the end of a weeklong federal trial in San Antonio…

Payments risk is no longer confined to a single payment rail or transaction type. Financial institutions and businesses today must manage risk across the ACH Network, checks, wire transfers, real-time payments, and a growing number of emerging payment methods. As the payments ecosystem becomes more interconnected, professionals need a broader understanding of how risks differ…

Key insight: Under a revised open-banking proposal, banks are expected to be allowed to charge fees to fintechs and other third parties that want to access customer financial data. What’s at stake: The proposal has not been publicly released but could be issued any day now that it has been submitted to the White House’s…