Новости за 20.06.2024

Savings United, which has over a decade’s experience in helping media partners bring tailored coupons to their readers, has launched its first standalone coupon site. The Coupons4Real couponing platform gives shoppers a “safe place” to find discount codes and special offersand will donate 50% of its revenue to social and environmental causes that the company […]

The B2B landscape represents one of the last true innovation greenspace areas. That is the good news. The bad news, or the other side of the greenspace opportunity, is the fact that it only exists because the inertia at play in the B2B landscape is so strong that many businesses — of all shapes, sectors […]

For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up embedded payments, instant payments and lending. And microservices are in the mix. The basic building blocks of banking — setting up accounts, processing payments — and essentially bringing the complexities […]

Google DeepMind’s latest trick? Giving artificial intelligence (AI)-generated videos a voice. The tech behemoth has unveiled a video-to-audio tool that could revolutionize content creation. By marrying pixels with text prompts, it creates soundtracks, effects and even dialogue for AI-generated clips. Experts say that AI-created videos could be a game-changer for marketers and movie moguls alike. […]

Darden Restaurants saw its same-store sales slip at its fine dining locations amid consumers’ concerns about inflation and the job market. Rick Cardenas, president and CEO at Darden Restaurants, said Thursday (June 20) that those concerns are greatest among consumers with incomes below the median household income of $75,000 and especially among those with incomes […]

When the operating landscape is uncertain and dynamic, businesses must prioritize controlling for what’s controllable. And with the news Thursday (June 20) that Amazon Business, Amazon’s online business-to-business procurement store, has announced a number of new technology features designed to help large business customers simplify the way they shop for business supplies, unlocking operational leverage […]

The Reserve Bank of Australia (RBA) plans to review the issue of surcharging in the buy now, pay later (BNPL) sector. This review comes as the RBA aims to expand its regulatory powers and assess whether payment sector reforms are necessary, SmartCompany reported Wednesday (June 19). The focus of the review will be on surcharging, […]

TreviPay will provide payments and invoicing solutions to a new program offered by HDA Truck Pride, an independent provider of parts and services to the commercial vehicle aftermarket. The FUSE National Account Program connects small to mid-sized fleets with a network of more than 900 HDA Truck Pride parts and service providers across North America, […]

Artificial intelligence (AI) company Anthropic released its latest chatbot, Claude 3.5 Sonnet, on Thursday (June 20). The bot supposedly outperforms its previous top-tier offering, Claude 3 Opus. Claude 3.5 Sonnet is now available for free on Claude.ai and the Claude iOS app, with higher usage limits for subscribers to Claude Pro and Team plans. The […]

For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. But the increasing connectedness between traditional financial players and these new partners underscores the need for additional due diligence, and for tech-enabled, robust “know your business” (KYB) protocols. Generally speaking, KYB entails the verification […]

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key to getting more budget-strapped shoppers to keep spending. On a call with analysts Thursday (June 20) discussing the grocery giant’s first quarter 2024 financial results, CEO Rodney McMullen laid out […]

Adyen and SumUp have partnered to enable accelerated settlements for small businesses in Europe and the United Kingdom. This partnership expands the availability of SumUp’s near-instant settlements offering that already serves more than 4 million merchants in 36 markets around the world, the companies said in a Thursday (June 30) press release. “This partnership will […]

PayPal has appointed Srini Venkatesan, the former head of Walmart’s U.S. Omni Platforms and Tech organization, as chief technology officer (CTO), effective Monday (June 24). Venkatesan will succeed PayPal’s current CTO, Archie Deskus, who has decided to leave PayPal, the company said in a Thursday (June 20) press release. “After my extraordinary time at PayPal, […]

Over the past 10 years, more change has occurred than over the previous 50. Technological innovation has transformed business functions, operating models, roles, responsibilities, and nearly every element of the enterprise marketplace. “Different industries have seen transition happen at different paces, but 20 years ago, the CFO was the senior accountant at the company … […]

NatWest Group, one of the largest banks in the U.K., has announced its acquisition of the banking business of Sainsbury’s, the second-largest grocer in the country. The deal, worth £2.5 billion ($3.2 billion), will increase NatWest’s assets and customer accounts, aligning with the bank’s strategy to expand its retail banking operations. This move follows a […]

Cash flow is the lifeblood of any business. That’s why many of the most exciting innovations within payments are aimed at helping businesses build better balance sheets and support healthy growth. And with the advent of instant payments, the first new domestic payments rail in half a century, there is a new — and better […]

Consumers are embracing digital wallets, and more than 70% of consumers globally now use one. In fact, many consumers have stored credentials and used a digital wallet to verify their identities or to access events. PYMNTS Intelligence’s data shows satisfaction with the convenience and ease of use among consumers around the world. Generation Z consumers […]

Corporate heads of product drive profitability by setting strategic goals and supporting innovation across an organization’s entire product line. Unlike CFOs and corporate heads of payments, product executives tend to put their focus on aligning a company’s offerings with market demands and ensuring timely product releases. But according to “What Keeps Chief Product Officers Awake […]

Digital technology is undoubtedly the spear tip of innovation driving financial services forward. And that spear tip is coming to include blockchain, or distributed ledger, technology. That’s because proponents of blockchain and on-chain solutions believe the tokenization of financial assets could one day reshape the operating models and transform the business functions around areas like […]

More high-quality data is being produced today than at any other period in history. This data, in vast and incomprehensible amounts, is being produced by businesses and individuals. Unlocking it has the potential to positively transform those same businesses and individuals. There is a problem: ensuring privacy, security and intellectual property (IP) safeguards to protect […]

OpenAI’s former science chief/co-founder is launching his own artificial intelligence (AI) company. Ilya Sutskever, who stepped down from the ChatGPT-maker last month, announced the launch of Safe Superintelligence (SSI) in a post on X Wednesday (June 19). I am starting a new company: https://t.co/BG3K3SI3A1 — Ilya Sutskever (@ilyasut) June 19, 2024 “We approach safety and […]

Corporate payments company Corpay is acquiring business-to-business cross-border/treasury management firm GPS Capital Markets. “GPS is our third largest deal ever. We’re quite excited about GPS’ assets including a blue-chip roster of clients, a team of terrific FX specialists, and a market leading FX netting technology,” Corpay CEO Ron Clarke said in a news release provided […]

Which industry’s job market will be most impacted by artificial intelligence (AI)? According to a new report by Citi, a little more than half — 54% — of jobs in the banking sector have a higher potential for automation, while another 12% could be augmented by AI. “AI-powered clients could increase price competition in the […]

British payments FinTech Zilch has raised $127 million in debt financing via Deutsche Bank. The funding will help the company accelerate its ability to launch new products for a wider customer base as it prepares to go public, Zilch announced Wednesday (June 19). “With this new securitization, we’re poised to triple sales volumes and achieve […]