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Fifth Third Says New Banking App Drives Engagement, Originations

by Midsou_Admin | January 20, 2026 | Uncategorized | 0 Comments

Fifth Third Bancorp’s investments in physical branches and digital tools paid off in fourth-quarter operating results that included record net interest income and 230 basis points of positive operating leverage, company executives said Tuesday (Jan. 20). These results...

Kalshi Faces Ban on Sports Event Contracts in Massachusetts

by Midsou_Admin | January 20, 2026 | Uncategorized | 0 Comments

Kalshi is facing a preliminary injunction that may block it from including sports and related event contracts on its prediction market in Massachusetts. Massachusetts Attorney General Andrea Joy Campbell secured the preliminary injunction in a lawsuit against the...

Retention Is Name of the Game for Netflix’s AI Strategy

by Midsou_Admin | January 20, 2026 | Uncategorized | 0 Comments

Can entertainment one day turn into software? That’s the near-term future that Netflix is chasing, at least according to executive commentary during the company’s fourth quarter 2025 earnings call on Tuesday (Jan. 20). With more than 325 million paid memberships...

Fed Data Shows the Consumer Holding up Until the Next $2,000 Emergency

by Midsou_Admin | January 20, 2026 | Uncategorized | 0 Comments

Consumer spending continues to show resilience, even after years of inflation and economic uncertainty, according to the Federal Reserve Bank of New York’s latest Survey of Consumer Expectations. But beneath the headline strength, December’s data, which was released...

AI Inference Startup Baseten Raises $300 Million and Gains Backing From Nvidia

by Midsou_Admin | January 20, 2026 | Uncategorized | 0 Comments

Nvidia reportedly invested $150 million in artificial intelligence (AI) inference startup Baseten. The investment is part of the $300 million raised by Baseten in a funding round that doubled the startup’s valuation to $5 billion, the Wall Street...

A Nostalgic Look Back to 2016 With a PYMNTS Twist

by Midsou_Admin | January 19, 2026 | Uncategorized | 0 Comments

As nostalgia sweeps across social media, touching everything from posts to playlists, 2016 has emerged as a reference point for how different things felt and how much optimism was embedded in the moment. It was a year when technology promised reinvention, platforms...

OpenAI’s Annual Recurring Revenue Tripled to $20 Billion in 2025

by Midsou_Admin | January 19, 2026 | Uncategorized | 0 Comments

OpenAI’s annual recurring revenue (ARR) topped $20 billion in 2025, up from $6 billion in 2024 and $2 billion in 2023, according to the artificial intelligence (AI) startup’s chief financial officer, Sarah Friar. Over the same period, OpenAI’s compute grew from 0.2...

Agentic Commerce Finds Traction in B2B Payments

by Midsou_Admin | January 19, 2026 | Uncategorized | 0 Comments

Payment innovations typically start by doing their best to answer three key questions. Can money move faster, more cheaply, with fewer human touches? The rise of agentic artificial intelligence (AI) systems, however, is moving those goalposts. As AI-driven systems...

Bermuda Aims to Make Digital Assets Part of Everyday Financial Infrastructure

by Midsou_Admin | January 19, 2026 | Uncategorized | 0 Comments

Bermuda says it is set to become “the world’s first fully onchain national economy” with the help of stablecoin issuer Circle and cryptocurrency exchange Coinbase. This initiative aims to make digital assets a part of the country’s everyday financial infrastructure,...

India Wants BRICS Nations to Link Digital Currencies

by Midsou_Admin | January 19, 2026 | Uncategorized | 0 Comments

India’s central bank has reportedly proposed that BRICS countries link their digital currencies. The goal here is to ease cross-border trade and tourism payments and reduce reliance on the U.S. dollar, Reuters reported Monday (Jan. 19) citing two sources familiar with...