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As Wall Street’s summer interns trickle back onto campus for their final year of college, some are re-entering a recruiting process they’d hoped to leave behind. For those who have finished their internships without the coveted return offer, career coaches and recruiters say the best thing is to move quickly and be realistic about where…
An Australia-based payments processor and rewards player is launching in the U.S, market on the back of $28 million in fresh investor funding. PayRewards, which specializes in small businesses, says it will offer rewards on a wide range of corporate spending, including automated clearing house transactions as well as credit card payments. A unit of…
Yes, mortgage interest rates are higher today, but only by a little. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.64% APR, according to rates provided to NerdWallet by Zillow. This is eight basis points higher than yesterday and 10 basis points higher than a week ago. (See our chart below for…
News Published: Wednesday, August 26, 2026, 18:50 [IST] Apple has introduced its latest Mac mini lineup in India, bringing the new M6 chip and the more powerful M5 Pro option to its compact desktop range. The company is focusing heavily on on-device artificial intelligence, faster graphics and improved connectivity, while keeping the Mac mini in…
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…