Prediction markets have entered the financial mainstream. Once a niche concept limited to crypto circles and academic experiments, they are now attracting major players—from DraftKings and Kraken to Intercontinental Exchange (ICE)—signaling a new era in event-based trading. At the heart of this evolution lies an important question: Are prediction markets innovative financial instruments, or cleverly … Read more
Reddit has escalated the debate over data ownership in artificial intelligence by suing Perplexity AI and three other firms — Oxylabs, AWMProxy, and SerpApi — in New York federal court. The lawsuit accuses them of illegally scraping Reddit’s user-generated content and using it to train AI models without permission. Reddit’s legal action, filed on October … Read more
Equifax is doubling down on artificial intelligence (AI) to combat the rising tide of financial fraud even as its core business shows renewed strength.On Tuesday (Oct. 21), the credit reporting agency reported a 7% overall revenue increase, led by a 13% jump in mortgage revenue, despite ongoing softness in the broader U.S. housing and hiring … Read more
Cox Automotive has launched a new omnichannel eCommerce platform that allows automotive sellers to seamlessly list, market, and sell their inventory both online and in-store. The new system, which integrates with Autotrader and Kelley Blue Book (KBB), enables end-to-end digital transactions — covering pricing, financing, trade-ins, and final purchases — all within one unified experience. … Read more
Visa and Paysend have announced a new phase in their strategic collaboration to simplify and accelerate cross-border money transfers for businesses and consumers across North America. The expanded partnership, revealed Tuesday (Oct. 21), allows merchants using Visa’s network to access Paysend’s Enterprise API, integrating secure real-time payment functionalities directly into their existing systems. This collaboration … Read more
In a landmark signal of changing priorities, Federal Reserve Governor Christopher Waller said Tuesday (Oct. 21) that the central bank will take a more active and participatory role in the transformation of payments systems. Speaking at the Federal Reserve’s Payments Innovation Conference in Washington, Waller declared: “The revolution transforming payments is demanding change everywhere. I … Read more
The global artificial intelligence (AI) race has entered a new phase — one defined less by algorithmic breakthroughs and more by integration, infrastructure, and interoperability. In the third week of October 2025, Salesforce, Adobe, Oracle, and Google announced sweeping initiatives that reflect how the industry’s focus is shifting from smarter models to smarter systems. Each … Read more
Cryptocurrency, once dismissed as a regulatory gray zone, is rapidly becoming a mainstream financial ecosystem. Yet with this transition comes an urgent challenge: how to reconcile decentralized, code-driven systems with laws written for banks, not blockchains. On Monday (Oct. 20), Blockchain.com and Evernorth Holdings became the latest digital asset firms to pursue public listings — … Read more
OpenAI has entered the browser wars with the launch of ChatGPT Atlas, a new web browser that fully integrates its conversational AI into the browsing experience. Unlike conventional browsers that act as static portals, Atlas is designed as an intelligent workspace—a dynamic environment where users can browse, summarize, and automate tasks in real time. The … Read more
DraftKings Inc. (Nasdaq: DKNG) has officially entered the rapidly growing world of regulated prediction markets through its acquisition of Railbird Technologies Inc. and its subsidiary Railbird Exchange, LLC, a federally licensed exchange designated by the Commodity Futures Trading Commission (CFTC). The acquisition marks a major strategic expansion beyond sports betting and daily fantasy, aligning DraftKings … Read more