Новости за 01.04.2024

Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports of a possible acquisition emerged. “This transaction marks the beginning of an exciting new chapter for Nuvei, and we are glad to partner with Advent to continue to deliver for […]

With brands competing for consumers’ attention, spending and loyalty on Amazon‘s increasingly crowded marketplace, it is becoming all the more important for them to carve out a niche if they want to set their offerings apart. In an interview with PYMNTS, Daniel Peled, chief revenue officer at Noogata, an artificial intelligence (AI)-based growth platform for brands on Amazon, […]

“I never thought that what I was doing was illegal.” So said Sam Bankman-Fried, giving his first jailhouse interview to ABC in a report published Monday (April 1), days after the FTX founder was sentenced to 25 years in prison for the fraud that led to the collapse of his cryptocurrency exchange. Speaking to the network via […]

The Federal Trade Commission (FTC) said Monday (April 1) that it now has stronger tools to combat scammers who impersonate government agencies and businesses. A new rule that took effect Monday allows the agency to file federal court cases seeking to recover money for victims of scams and impose civil penalties on fraudsters, the FTC said in […]

Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business, released Monday (April 1), showed output growth of 54.6%, the strongest reading since June 2022. “Demand remains at the early stages of recovery, with clear signs of improving conditions,” said Timothy […]

NCino expanded the omnichannel functionality of its Consumer Banking Solution for banks and credit unions. The expansion helps bankers interact with consumers where and how those customers want to engage, the provider of cloud banking for the global financial services industry said in a Monday (April 1) press release. “We’ve enhanced our Consumer Banking Solution to make key processes more […]

Gone are the days when learning was confined to traditional classrooms and heavy textbooks. Today, knowledge is increasingly accessible to anyone with an internet connection, with digital platforms serving as the conduits of this democratization. From music streaming services to social media giants, these platforms are not only reshaping the way content is consumed but […]

Samsung reportedly plans to give its voice assistant Bixby a generative artificial intelligence (AI) upgrade. “With the emergence of generative AI and LLM (large language model) technology, I believe that we have to redefine the role of the Bixby, so that Bixby could be equipped with generative AI and become more smarter in the future,” Won-joon Choi, executive vice […]

Today’s corporate treasurers face a dynamic set of demands. These requirements, which have traditionally centered around core activities like working capital management, banking, investments, risk management for currencies and interest rates, and other operationally necessary financial exercises, are becoming increasingly scaled up as businesses expand and grow internationally. Last week, Adobe and Adyen partnered to support global omnichannel enterprises, and international […]

As ongoing economic pressures have consumers continuing to shop secondhand to save on retail spending, brands are looking to capture this growing opportunity through direct resale platforms. Resale operating system Archive announced last week via LinkedIn a partnership with footwear brand Dr. Martens on its new resale initiative, ReWair, through which the company restores and resells pre-owned shoes. On the website, the […]

DoorDash has entered the home improvement category with a new partnership with Lowe’s. The on-demand delivery aggregator now offers gardening tools, spring cleaning essentials, do-it-yourself supplies and other products from more than 1,700 of the home improvement retailer’s stores nationwide, DoorDash said in a Monday (April 1) press release. “Our partnership enables consumers with quick […]

Earnings season begins anew in just a few weeks, documenting the first few months of the year — and how the March quarter shaped up for all manner of enterprises. And for the payment networks, for the banks too, there may be some headwinds in card-related activity. New account activity, of course, can help keep […]

PayPal won a legal victory against the U.S. consumer protection watchdog. According to court documents cited in a Friday (March 29) Law 360 report, U.S. District Judge Richard J. Leon tossed out an aspect of the so-called “prepaid rule” for digital wallets that went into effect five years ago and became the center of PayPal’s case […]

Fast food company Yum Brands aims to deploy artificial intelligence (AI) across the operations of its restaurants. The parent company of Taco Bell, Pizza Hut, KFC and The Habit Burger Grill spent $21 million on “digital, technology and innovation capabilities” in 2023, up from $11 million the previous year, The Wall Street Journal (WSJ) reported […]

A now-abandoned deal between two food delivery giants got the attention of Singapore’s competition watchdog. The Competition and Consumer Commission of Singapore (CCCS) said Monday (April 1) that it opened an investigation into Singapore-based delivery/ride-hailing giant Grab Holdings’ plans to acquire Delivery Hero’s business in Southeast Asia. “At the time, CCCS had reason to suspect that the possible transaction might result […]

Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities, and card company and other Fintech businesses into one group. “This decision is based on the belief that enhancing the collaboration across FinTech business, including prompt and flexible decision-making, along […]

We know that the connected consumer has certainly embraced binge watching since the pandemic. If Pocket FM gets its way, there will be a new streaming category to obsess about: Binge-listening to audio series. “I think we’ve stumbled on a new entertainment category,” Pocket FM CEO Rohan Nayak told PYMNTS. “These are very early days […]

While the average American consumer remains “credit healthy,” some trouble spots are apparent. The latest installment of VantageScore’s Credit Gauge shows delinquencies climbing across all tiers of credit — and for a range of credit products, including mortgages, credit cards, personal loans and auto loans. “The tale of two consumers is becoming more pronounced,” Susan […]

Efficiency is the bedrock promise of digital transformation. So why are so many small to mid-sized businesses (SMBs) missing out? Answer: Delayed payments. A challenge for businesses of any size, delayed payments are especially problematic for SMBs. These delays can undermine cash flow, preventing investments in the very innovations that could solve them, including instant […]

Banks are evolving in the wake of the great digital shift to offer robust omnichannel experiences. They need to collaborate with FinTechs and use data to fine-tune their services and products — and take a cue from eCommerce giants. The branch will become a key competitive advantage to maintain customer loyalty and a personalized, high-touch, […]

The cart doesn’t lead the horse, which is why payments innovations tend to check the boxes that end users need most. And sometimes the smallest boxes, or micro moments, can have the biggest impact. “Embedded finance solutions need to be embedded in the consumer’s flow in order to capture those micro moments when a consumer […]

Drew Edwards, CEO of Ingo Payments, and Doug Brown, president of NCR Voyix, told PYMNTS’ Karen Webster that the new instant payments rails will eventually go mainstream now that there are two bank rails in the United States up and running — but ubiquity is going to take some time. The FedNow® Service launched in July. The Clearing House’s RTP® Network has been […]

The CE 100 Index was 1% higher on the week, as a majority of pillars finished in the black.  Porch Group soared 14%, powering the “Live” pillar 1.7% higher and continuing a post-earnings rally that has seen the stock appreciate by roughly 40% in less than a month. As we noted during earnings season, the company’s […]

In an era where customer loyalty is as fleeting as the latest trend, artificial intelligence (AI) is emerging as a potential game-changer, empowering businesses to redefine engagement strategies and forge deeper, more enduring connections with their clientele. Wendy’s Company has unveiled an AI-based loyalty platform that analyzes customer data, including purchase history and preferences, to […]

Cognition Labs is reportedly aiming to become the next multibillion-dollar artificial intelligence (AI) startup. The company, which is developing an AI tool for writing code, is in discussions with investors to raise money at a valuation of up to $2 billion, The Wall Street Journal (WSJ) reported Sunday (March 31). The report said that, if […]