Новости за 02.04.2024

In a dynamic connected economy landscape, where every click, swipe and tap leaves a digital footprint, the notion of privacy has become an elusive concept, sought after yet increasingly challenging to attain. Recent events, such as the settlement between tech behemoth Google and several users over the improper collection of data during “incognito” browsing sessions, […]

Todaq Micro has announced the public beta launch of two new offerings: a micropayments solution and an artificial intelligence (AI) sales agent. More than 100 companies have begun adding these tools to their websites, Todaq Micro said in a Tuesday (April 2) press release. The company’s micropayments solution, TAPP (Tap-and-Privately-Pay), is a low-code software payment product that enables instant […]

Interoperability in payments — paying anyone, anywhere, no matter the network — remains a Holy Grail in payments. And interoperability is a work in progress. But bit by bit and app by app, cross-border, cross-network and cross-wallet compatibility is being forged. This week, PayPal and Venmo began offering Visa’s peer-to-peer (P2P) payment system, Visa+. The announcement […]

As retailers feel shoppers’ belt-tightening behaviors hurt sales, many are turning to in-store retail media to increase their revenue and profit margins. Mega-retailer Walmart, for its part, shared in a news release Monday (April 1) how it is expanding its efforts in the space. “The shopping journey isn’t linear, making omnichannel connections even more critical to brands,” […]

Crypto-focused venture capital (VC) firm Paradigm is reportedly working to raise between $750 million and $850 million for a new fund. The company is currently in talks with investors, Bloomberg reported Tuesday (April 2), citing unnamed sources. Paradigm did not immediately reply to PYMNTS’ request for comment. In 2021, the firm raised what was the […]

Edge cloud platform Fastly has launched a tool to help companies combat bot attacks. Fastly Bot Management is designed to help clients prevent fraud, distributed denial of service (DDoS) attacks, account takeovers and other online abuse, according to a Tuesday (April 2) news release. “Every day, bad actors, including bot operators, are looking to disrupt and fraudulently […]

While it’s common for businesses to foster customer loyalty by offering perks in exchange for purchases, cardholders have a certain degree of dissatisfaction with the quality of the rewards they are earning. One consumer segment in particular — Generation Z — voiced the greatest degree of dissatisfaction when surveyed by PYMNTS Intelligence for the report […]

Social commerce platform Flip has raised $144 million in a Series C funding round. The firm will also relaunch its marketing platform for brands to incorporate AXON artificial intelligence (AI) technology from AppLovin, which made a $50 million investment in the funding round, the companies said in a Tuesday (April 2) press release.  “With the recent launch of our […]

Unified commerce firm Cart.com has acquired Amify to expand its Amazon Marketplace services offering. Amify, which made a name for itself as the first “Amazon-as-a-service” company, provides merchants with Amazon optimization and advertising solutions. According to a Tuesday (April 2) news release, the acquisition will help meet rising demand from Cart.com’s roster of brands that need omnichannel software, services and logistics. “Amify enables […]

The Clearing House said its CHIPS system saved participants $4.9 billion in 2023. Those savings were derived from the CHIPS (Clearing House interbank payment system) liquidity savings algorithm to the tune of $13.8 million per day, The Clearing House (TCH) said in a Tuesday (April 2) news release. “These savings are proving especially relevant following an […]

PairSoft acquired APRO Software Solutions, saying the combination will expand its enterprise financial automation capabilities and global scale. The tie-up resulting from the acquisition will create a global procure-to-pay, order-to-cash and bank integration platform that serves more than 1,700 organizations, the companies said in a Tuesday (April 2) press release. “APRO’s thorough understanding of order-to-cash and banking systems deepens […]

Lockchain.ai has debuted what it calls the first AI-powered blockchain risk management platform. The company, founded by a trio of cybersecurity CEOs, announced its launch Monday (April 1), saying its platform offered “automated risk management solutions to traders, investors, and fund managers in the blockchain ecosystem.” According to a news release, the company — which just emerged from […]

When supply chains run smoothly, the economies they support do too. But when even the smallest disruption occurs, supply chains can quickly turn into the equivalent of a daisy chain — where one event sets off a cascading impact down the entire logistics value chain. Experts fear that this is what could happen up and […]

Legal document-focused artificial intelligence (AI) firm Luminance has raised $40 million. The Series B funding round, announced Tuesday (April 2), will help Luminance strengthen its foothold in the U.S., which accounts for a third of its revenue, the British company said in a news release.  “Luminance’s specialist legal large language model (LLM) automates the generation, negotiation, and analysis […]

As on-demand delivery platforms compete to drive paid memberships in an effort to win consumers’ loyalty in the crowded space, Gopuff is looking to speedy fulfillment to boost engagement with its highest-value customers. On Tuesday (April 2), the delivery platform launched FAM20, its 20-minute delivery benefit for members of its paid FAM membership program. In […]

Amazon Web Services (AWS) has reportedly extended its free credits program to cover artificial intelligence (AI) models from other companies. The program now offers startups credits to cover the cost of using models from Anthropic, Meta, Mistral AI and Cohere, Howard Wright, vice president and global head of startups at AWS, told Reuters in a report posted Tuesday (April 2). This expansion is meant […]

2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars. FIS bought Worldpay for a staggering $43 billion. Fiserv bought First Data for more than $22 billion. Global Payments added TSYS to its roster for nearly $22 billion. Much has happened […]

Intuit launched a financial literacy program that provides U.S. high school educators with resources to teach their students about personal and entrepreneurial finance. The new Intuit for Education program covers budgeting, saving, managing credit and other essential skills, the global financial technology platform said in a Tuesday (April 2) press release. “As an organization that has been powering prosperity […]

Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in enabling cross-platform money movement,” the company said in a Monday (April 1) news release as it announced the expansion of its P2P and business-to-consumer (B2C) payouts offerings. Additionally, Astra, Brightwell, Cross River Bank and Fiserv plan […]

PSCU/Co-op Solutions has launched a program designed to facilitate collaboration between credit unions and FinTech companies. The new Fintech Engagement Program includes both vetted FinTech companies and credit unions that are looking to address industry pain points, the payments credit union service organization (CUSO) and integrated FinTech solution provider said in a Tuesday (April 2) press release emailed […]

The U.S. and U.K. have pledged to work together on safe AI development. The agreement, inked on Monday (April 1) by U.S. Commerce Secretary Gina Raimondo and U.K. Technology Secretary Michelle Donelan, will see the AI Safety Institutes of both countries collaborate on tests for the most advanced artificial intelligence (AI) models. “The partnership will take effect immediately and […]

Visa launched a new Subscription Manager service that financial institutions can provide to Visa cardholders. The new service provides a single place where consumers can see where their card details are stored, view recurring payments attributed to their card and stop recurring payments, the company said in a Wednesday (April 3) press release emailed to PYMNTS. […]

More than half of all Americans live in a state that has legalized marijuana. All the same, legitimate cannabis businesses still find themselves dealing with the same problem as drug dealers operating outside the law: what to do with all their cash. As the Wall Street Journal (WSJ) reported Monday (April 1), that’s because while […]

The fallout from the massive data breach at AT&T — where information tied to 73 million current and former account holders was leaked — has yet to be felt. And changing passwords is a start, but by no means will it solve the problem. Bryan Lewis, CEO of Intellicheck, noted to PYMNTS: “It’s not just […]

Payments innovations that scale broadly in the B2C space aren’t always as widely adopted in the B2B space due to limited applicability. The principles of consumer payment innovations can offer insights around streamlined user experiences and enhanced convenience, but the B2B space presents its own unique set of payments needs and considerations. “While we certainly […]