Новости за 29.04.2024

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding and tools to the entrepreneurs who flip a collective total of 400,000 houses per year in the United States, Backflip said in a Monday (April 29) press release. “We put […]

Banking platform Veritran has launched a partnership with financial messaging service Swift. The collaboration, announced Monday (April 29), is designed to help financial institutions to offer customers enhanced and streamlined cross-border payments. “Collaborations such as this are improving the experience for those sending payments cross-border, while also increasing transparency and security to improve the ecosystem as a whole,” Juan Carlos […]

The upcoming high-level talks between the U.S. and China on artificial intelligence (AI) could have far-reaching implications for the future of global commerce, experts say. U.S. Secretary of State Anthony Blinken has announced that the two countries will conduct their first high-level talks on AI, emphasizing its growing importance. The discussions are poised to cover crucial aspects […]

Tether, the company behind the stablecoin USDT, has announced a strategic investment in Blackrock Neurotech, a pioneer in brain-computer-interface (BCI) technology. The $200 million investment grants Tether a majority stake in the neurotech firm, Tether said in a Monday (April 29) press release.  Blackrock Neurotech, known for its groundbreaking work in the BCI field, has been at […]

Austria says the time has come to regulate artificial intelligence (AI) use in weapons systems. Left unchecked, such technology could create “killer robots,” officials in the Alpine country said as they hosted a conference on the issue, per a Monday (April 29) Reuters report. “We cannot let this moment pass without taking action. Now is the time […]

Consumers are cutting back on nice-to-haves like craft supplies, and even when they do buy these items, they are increasingly choosing retail giants such as Amazon, leaving arts stores in the lurch. Craft retailer Joann announced Thursday (April 25) its emergence from bankruptcy, keeping its stores open, now to operate as a privately-owned company. “With a strengthened balance sheet and improved […]

Klarna has partnered with luggage and travel accessories brand Away. With this collaboration, Klarna’s interest-free buy now, pay later (BNPL) options are available to Away’s customers in the United States, Canada and the United Kingdom, Klarna said in a Monday (April 29) post on LinkedIn. “At Klarna, we’re always looking for ways to make shopping smooth for our customers,” the […]

Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft. The partnership, announced in a Monday (April 29) press release, will begin by exploring generative AI use for healthcare claims management, customer service and fraud detection. “Generative AI has the power to transform how businesses and organizations operate — serving as a force-multiplier to improve efficiencies and […]

Many middle-market businesses operate in a world of heightened uncertainty, but PYMNTS Intelligence data found that payment solutions such as virtual cards can help mitigate that uncertainty. This is one key takeaway from PYMNTS Intelligence’s recently released edition of the 2024 Certainty Project Report, “Optimizing AR to Mitigate Uncertainty for Middle-Market Businesses.” The ongoing series […]

New government data shows 15 million Americans still have medical bills on their credit reports. That’s according to the Consumer Financial Protection Bureau (CFPB), which notes that these bills remain in spite of changes by the three major credit bureaus. Collectively, these Americans have more than $49 billion in outstanding medical bills in collections, the bureau said Monday (April […]

Blaize, an artificial intelligence (AI) computing company, has secured $106 million in funding. The financial infusion is set to propel the company’s efforts in advancing AI and machine learning (ML) technologies across various sectors, Blaize said in a Monday (April 29) press release. “This investment lends further credence to our thesis that edge AI is […]

In a move to empower billers with more refined financial management tools, InvoiceCloud has announced the launch of a new deposit control feature within its Online Bank Direct solution. This functionality is designed to provide billers with more control over their payment processing by allowing the separation of payments based on invoice type, the company said in […]

Small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth.  That’s because, with 2024’s National Small Business Week already on day two, the ways in which embracing next-generation innovations can help their businesses drive competitiveness, become more efficient and make better decisions is top of mind for America’s 33 million small businesses.  While […]

According to PYMNTS Intelligence, credit unions (CUs) and community banks continue to gain traction in the consumer credit card space. As we found in researching “Credit Unions and Community Banks Gain Credit Card Issuing Momentum,” a collaboration with Elan Credit Card, where once 76% of consumers turned to national banks to issue their primary credit […]

Domino’s said its decision to relaunch its rewards program last year is paying off. The quick-service pizza chain released quarterly earnings results Monday (April 29) showing a 5.6% increase in U.S. sales, with management pointing to the rewards program as a driver of that growth. “The program is delivering on our objectives,” CEO Russell Weiner said on an earnings call. “Active member […]

UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. The Senate hearing is titled “Hacking America’s Health Care: Assessing the Change Healthcare Cyber Attack and What’s Next,” while the House hearing is called “Examining the Change Healthcare Cyberattack.” When announcing the upcoming House hearing, House Energy and Commerce […]

Circle’s USDC coin has begun to exceed Tether in terms of stablecoin transaction volume. That’s according to Visa’s new stablecoin transaction metric, created with Allium Labs to “remove potential distortions that can arise from inorganic activity and other artificial inflationary practices,” as the company said on its website. The findings were reported Monday (April 29) by Bloomberg News, which notes they go against […]

With the agility and flexibility of direct-to-consumer (D2C) eCommerce stores, shoppers are turning to the channel to funnel their enthusiasm for seasonal moments into buying. In an interview with PYMNTS, Jim Munson, CEO of coffee brand Brooklyn Roasting Company (which operates across D2C and third-party eCommerce channels as well as a handful of New York […]

SoFi Technologies’ latest quarterly earnings results released Monday (April 29) showed a surge in direct deposit activity — and that more customers are using SoFi Money accounts for those direct deposits. CEO Anthony Noto observed on a conference call with analysts that total deposits were up 16% year over year during the first quarter to $21.6 billion. Against that backdrop, 90% […]

European regulators are giving Apple six months to bring its iPad up to code. The European Commission said in a Monday (April 29) news release that it designated Apple as a “gatekeeper” with respect to its operating system for tablets under the Digital Markets Act (DMA). It gave the company the half-year deadline to bring the iPad under […]

Payments company PaySafe has introduced a pay-by-bank offering for online gamblers. The new solution lets online bettors in the U.S. secure funds instantly at operators’ cashiers directly from their online bank account, according to a Monday (April 29) press release. This product expands the capabilities of Paysafe’s Gateway, the company’s iGaming payments solution, and was added “to […]

AI may represent a “field of dreams,” but investors are reportedly seeing a potential nightmare. As The Wall Street Journal (WSJ) reported Monday (April 29), startups in the artificial intelligence (AI) space continue to take in billions of dollars in investments, although many of those businesses have yet to produce a viable product. This has led to […]

Credit card delinquency rates fell last month as consumers continued to spend. As Seeking Alpha reported Sunday (April 28), the average delinquency rate dipped from 3.09% in February to 2.92% in March, though it has risen from 2.49% a year ago. The average is still higher than the pre pandemic 2.76% recorded in March 2019. […]

Moving a business online can be rewarding as enterprises reach broader audiences, sometimes global in scope, and expand their revenue opportunities with online payments. But challenges persist, whether it’s a small bakery establishing a digital storefront or a high-end computer retailer offering the ultimate “build it or buy it” online shopping experience.  An ideal customer […]

There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as well. For example, inflation has also pressured the healthcare system, and here several companies are considering the impact that digitization and patient financing offered at […]