Новости за 08.04.2024

Takeaways from the Federal Reserve Bank of New York’s March Survey of Consumer Expectations include emerging concerns about debt. Consumers haven’t budged in their expectations about inflation — at least in terms of the one-year outlook. But they’re incrementally more worried about job security — and are increasingly concerned about missing debt payments. The Fed’s data […]

Amid ongoing budget pressures, United States shoppers are seeking affordable ways to treat themselves, fueling demand for the novel but low-cost products that Japanese discount stores have to offer. Japanese value chain Daiso opened its latest U.S. location in Austin, Texas, Saturday (April 6), part of its ongoing push to expand its presence in the country, with the company […]

Uber Eats now has 1 million merchants around the world on its platform. These partners include restaurants, grocers and convenience stores ranging from small businesses to international chains, Uber said in a Monday (April 8) press release. The online ordering and delivery platform reached the milestone of 1 million merchants about 10 years after it […]

Kyriba and J.P. Morgan’s blockchain business unit, Onyx, are collaborating to streamline cross-border payments. Kyriba, a provider of liquidity performance solutions, will use Onyx’s digital currency and blockchain technology for cross-border payments, the companies said in a Monday (April 8) press release. “Our comprehensive partner ecosystem drives innovation and helps customers outperform their strategic goals by providing implementation expertise, […]

Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying it planned to offer 2.5 million shares, at $76 to $84 each. Last month, Ibotta filed a registration statement for its IPO without offering details about its share offerings. A report from […]

Australia is reportedly stepping up efforts to regulate its supermarket sector. A new government study, the subject of a Monday (April 8) report by The Guardian, warns of the need to reverse a “heavy imbalance in market power between suppliers and supermarkets in Australia’s heavily concentrated supermarket industry.” However, the report said, the study stops […]

Bank of America’s virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients’ use of the virtual assistant has accelerated since its launch in 2018, the bank said in a Monday (April 8) press release. While it took four years for Erica to reach 1 billion interactions, it took only 18 months to […]

The Maryland Online Data Privacy Act of 2024, a proposed bill set to impact data collection and online privacy, successfully passed both the Senate and House of Delegates and now awaits approval by Gov. Wes Moore. The legislation, set to take effect by October 2025, marks a pivotal moment in Maryland’s approach to safeguarding consumer data, but […]

Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This trend marks a reversal of the strategy companies have pursued since the beginning of the pandemic, which was to focus on premium products to justify their increasingly higher prices, Reuters […]

Debt continues to mount — and at an accelerated pace, per the Federal Reserve’s latest tally on consumer credit. Within that growth likely lies a continued use of card installment plans. Consumers’ total outstanding credit increased by $14.1 billion in February, tied to an annualized growth rate of 3.4%, the Fed said. But drilling down into the data, […]

J.P. Morgan Chase’s CEO said artificial intelligence is an invention on par with the printing press. Jamie Dimon spent a large portion of his yearly letter to shareholders discussing AI’s impact on the country’s largest bank and the world. “[W]e are completely convinced the consequences will be extraordinary and possibly as transformational as some of the major technological […]

Money transfer firm TerraPay received a major payment institution license in Singapore. The approval by the Monetary Authority of Singapore means that TerraPay is either licensed or approved in 30 markets around the world, according to a Monday (April 8) press release. “As the heart of thriving international trade and commerce, Singapore has always been a strategic location for TerraPay,” […]

Meta’s Reality Labs division is now 10 years old. And in the past five years alone, since 2019, the division — which is responsible for Meta’s metaverse, mixed reality (MR), augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) initiatives — has lost the Big Tech giant nearly $50 billion. Still, Meta CEO Mark […]

As retailers adapt to consumers’ increasingly digitally integrated lifestyles, The Vitamin Shoppe is targeting its offerings to today’s Click-and-Mortar™ shoppers. Most of the company’s customers are engaging across digital and physical channels, Andrew Laudato, chief operating officer of the nutritional supplements retailer, told PYMNTS in an interview. “More than half our customers start their journey on digital,” he said. “Everybody […]

Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. The new Oracle Financial Services Compliance Agent “identifies and remediates vulnerabilities,” the company said in a Monday (April 8) press release. “Putting Compliance Agent in the hands of financial-crime compliance officers will help enable banks to thwart potential money laundering opportunities more […]

Will this be the year that cryptocurrency’s market capitalization surpasses the $5 trillion mark? Ripple CEO Brad Garlinghouse seems to think so. Speaking to CNBC Sunday (April 7), Garlinghouse said he expects the value of the crypto market to double in 2024, thanks to factors like the approval of the first U.S. spot bitcoin exchange-traded fund (ETFs) and the upcoming […]

Thanks to advancements in artificial intelligence, household robots are getting smarter and could soon evolve far beyond their current roles as mostly self-guided vacuum cleaners. MIT engineers are working on a method that enhances the intelligence and adaptability of household robots, integrating them with large language models (LLMs) to navigate and respond to unexpected challenges intelligently. Industry […]

Target is reportedly adding camera-based systems to its self-checkout registers to deter theft. The new technology detects items on scanners, alerts the shopper if an item is not scanned, and helps the company track the shopper if they fail to scan items even after being notified, Bloomberg reported Monday (April 8), citing internal company documents. The system has […]

The United States is closer to achieving nationwide data privacy protections, according to a pair of lawmakers. Sen. Maria Cantwell and Rep. Cathy McMorris Rodgers, both of Washington and the heads of their chambers’ commerce committees, announced the American Privacy Rights Act Sunday (April 7), saying in a press release that it would establish “clear, national data privacy rights and […]

Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said it was closing all of its 371 locations in the southwestern part of the country. “This was an extremely difficult decision and is not the outcome we expected or hoped […]

The White House has unveiled its latest effort to offer relief to student loan borrowers. The plan, President Joe Biden announced Monday (April 8), targets borrowers who owe more now than when they started repayments due to interest, those who entered repayment 20 or more years ago, people who attended schools that “failed accountability measures or failed […]

Dewald Nolte, chief strategy officer at Entersekt, said 3-D Secure (3DS), the security protocol that was refreshed seven years ago, is an essential tool in fighting fraud. At a high level, 3DS is designed to act as an equivalent to EMV chips and PIN cards, he told PYMNTS. “It’s the digital way of enabling a bank […]

Healthcare is its own unique beast, from payments to marketing strategies to the intricacies of its supply chain. The sector is witnessing a transformation, especially in the B2B domain. Digital payments, online procurement platforms and artificial intelligence are igniting a phase shift that is reshaping the B2B healthcare landscape. While those persistent pillars of technological innovation may sound familiar, their impact […]

When you think of subscriptions, an array of products and services likely come to mind.  From streaming services to pet foods to coffee pods to yoga classes, consumers of all ages have embraced subscription payment plans to cover the costs of the items they enjoy on a recurring basis. Three in 10 financially-challenged consumers splurge on […]

It was a week of widespread losses for the CE 100 Index. Only the “Have Fun” pillar gained ground, up 1.1%.   Spotify shares gained 17.6%, leading that “fun” segment higher, as the company named a new chief financial officer this past week. As reported, Christian Luiga is joining Spotify from Saab AB, a European defense and security […]