MasterCard and Visa cards are seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Nurphoto | Nurphoto | Getty Images Fintech company Ant International announced Thursday it has signed on Visa and Mastercard to collaborate on a new standard for payments made via AI agents, in a bet that they will…
President Donald Trump disclosed just over 1,000 financial transitions for the month of June in what appears to be broad reshuffling of his portfolio. The president rotated in and out of stocks, bonds and exchange-traded funds throughout the month. The transactions totaled between $78.1 million and $263.1 million, according to Trump’s latest filing on Aug….
Avishek Das | Lightrocket | Getty Images Synchrony Financial, the credit card issuer for brands including Amazon, Walmart and Lowe’s, is working with OpenAI to allow shoppers to buy products directly inside ChatGPT using their store cards. The deal is one of the first major moves by a U.S. consumer lender to bring financing, payments…
A version of this article first appeared in CNBC’s Money 101 newsletter with Sharon Epperson, an eight-week financial education series with special monthly editions. Sign up to receive the newsletters, straight to your inbox. They’re also available in Spanish. When Ashton and Adison Lawrence inherited their grandmother’s South Carolina home earlier this summer, the brothers knew they…
Nikolas Kokovlis | Nurphoto | Getty Images Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant’s push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers. Under the deal, Visa will get BioCatch’s behavioral biometrics platform, which analyzes data…
President of Visa Inc. Ryan McInerney delivers a keynote address at the Transact 15 conference in San Francisco, California April 1, 2015. Noah Berger | Reuters Visa, which runs the world’s largest payments network, plans to cut about 7% of its workforce as CEO Ryan McInerney moves to streamline the company and invest more in…
Stablecoin issuer Circle surged after the U.S. Office of the Comptroller of the Currency, or OCC, granted it approval Friday to operate as a trust bank, the company said. Shares of the company were off their initial highs but last trading up 5%. The approval gives the company the ability to manage reserves directly for…
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters When SpaceX finally debuts on the Nasdaq, under the ticker symbol SPCX, it will almost certainly set a record for the largest offering ever. By a long shot. Elon Musk’s reusable rocket maker filed its long-awaited IPO…
A detailed view of an LED board displaying the Fanatics logo during first half of the match between the Houston Dash and the Denver Summit FC at Shell Energy Stadium on May 9, 2026 in Houston, Texas. Maria Lysaker | Nwsl | Getty Images Fanatics plans to launch its first credit card later this year,…
Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. David A. Grogan | CNBC Billionaire investor Warren Buffett hinted in March that Berkshire Hathaway had made a small addition to its portfolio. A new regulatory filing may have just revealed what he was referring to….
