Amazon Web Services Brings Agentic Payments to Big Tech
AI agents are getting a more capable transaction framework through a collaboration between Amazon Web Services, Coinbase, and Stripe. Amazon Bedrock AgentCore Payments is AWS’s new suite of features designed to let AI agents instantly access and pay for services like web content and APIs. On the payments side, Stripe and Coinbase will each […]
Canary in the Coalmine: Revolving Debt Surges 9.1%
For credit card lenders, there is good news and bad news when revolving debt accelerates. Right now, the news is not particularly good. On May 7, the Federal Reserve reported that debt carried over from month to month grew by an annualized rate of 9.1%. This is the highest rate since 2022. In comparison, the annualized […]
Inside the Growth of First-Party Fraud
A consumer buys a dress for a wedding, wears it once, and returns it the next day for a full refund. Another claims a package never arrived, despite tracking data showing it was delivered. Individually, these incidents may seem minor—or even easy to dismiss. In reality, they are examples two rapidly growing forms of first-party […]