Auto Added by WPeMatico
The Personal Consumption Expenditures index (PCE), a closely watched measure of inflation, landed as expected today. While showing sticky inflation at 3.3%, above the target rate, the inline reading for July was greeted with a sigh. July PCE was 3.7% versus an expected 3.6% year over year. July core prices were in line at 3.3%….
The payments industry continues to evolve at a rapid pace, driven by innovations such as agentic commerce, instant payments, and embedded financial services. Yet for Independent Sales Organizations (ISOs), the most significant shift may be how merchants purchase payment solutions. Today, more than 90% of U.S. small businesses rely on Independent Software Vendor (ISV) solutions…
Digital Transactions News staff August 25, 2026 Acquiring, Automated Clearing House, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Mobile Commerce, Point-of-sale Fraud-detection provider Accertify said it has gained HIPAA compliance, allowing the company to offer more services to health-care organizations. Bluefin Payment Systems LLC said it now offers point-of-sale products…
Longer-duration bonds have seen their yields soar in recent weeks. None more than the yield on the 30-year U.S. Treasury bond, which hovered around 5.23% (as of Aug. 24), nearing its highest level seen since 2007. Longer-duration bonds have rocketed higher as inflation remains elevated, the Iran war continues on with no obvious end in…
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images Amazon is soon pulling the plug on its 21-year-old crowdsourced work platform, called Mechanical Turk, the company said Tuesday. “We regularly evaluate our programs, tools and services and make adjustments…
Private credit firms can still whiff if algorithms do the work, but the onus is on them. Lenders are leaning on artificial intelligence to score borrowers, monitor portfolios, and automate workflows that once took analysts weeks. Momentum is only building: More than half of private credit portfolio managers—54%—plan to deploy AI in underwriting, according to…
Key Points The transaction involved the disposition of 31,522 shares for an estimated value of ~$1.1 million on August 22, 2026. The CEO traded shares equal to 9% of the stake held before the filing. The disposition was executed entirely through direct ownership and involved common stock. The sale was non-discretionary, executed to cover tax…
A “For Sale” sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Bankers…
The S&P 500 Index ($SPX) (SPY) closed up by +0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.64%. E-mini S&P futures (ESU26) rose +0.30%, and September E-mini Nasdaq futures (NQU26) rose +0.63%. Stock indices settled higher on Tuesday, supported by weakness in crude…
Editorial & Advertiser disclosure Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press…