Новости за 27.06.2024

Interoperability is viewed by many to be the holy grail of business-to-business (B2B) innovation. By enabling systems to work together seamlessly, businesses can reduce costs, improve accuracy, enhance security, and foster better relationships with their partners. Businesses want flexible and customizable workflows, and providers are working to make it happen. Digital transformation is accelerating, with […]

Accounts payable (AP) management firm Medius has introduced a pair of artificial intelligence (AI)-powered offerings. Medius Copilot is an AI assistant embedded within the company’s AP automation application, designed to assist invoice approvers, especially those who are not AP experts, according to a Thursday (June 27) press release. “Medius Copilot enables users to ask questions about invoices, […]

The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker Micron Technology announced robust quarterly results fueled by AI demand, while eCommerce giant Alibaba.com rolled out AI tools to empower small businesses globally. Meanwhile, AI-powered search startup Perplexity caught the […]

OpenAI and Time announced a multi-year content partnership. The tie-up will give OpenAI access to Time’s current and past content from its 101-year-old archive, allowing the tech firm to cite the publication as a source of information in response to user queries on ChatGPT, according to a Thursday (June 27) news release. “The new partnership […]

Buy now, pay later (BNPL) firm Sezzle has expanded Payments Streaks, a program that rewards users for consistently making timely payments, to Canada, with the exception of Quebec. This move follows the successful launch of the program in the United States in May, the company said in a Thursday (June 27) press release. In the […]

The third estimate of how gross domestic product (GDP) fared in the first quarter showed — at least in the headline number — there was a slight boost from previous estimates. The Bureau of Economic Analysis’ final reading noted that first quarter GDP was 1.4% higher, on an annualized basis, where that estimate had previously […]

Generative artificial intelligence (AI) firm Dust has raised $16 million in additional funding to expand its platform that helps companies deploy AI assistants for internal use cases. The firm will use the new funding, which was led by Sequoia Capital, to add to its team and accelerate its product development efforts, according to a Thursday […]

It’s been a bad month for Evolve Bank & Trust, and it’s only getting worse. Following a “cease and desist” order issued to the bank on June 14, the Arkansas-based lender on Wednesday (June 26) publicly confirmed the news that a ransomware gang had hacked the bank and was posting customer data on the dark […]

Neiman Marcus reported a data breach that affected 64,472 customers. The incident occurred on April 14 and was discovered on May 24, the retailer said in a data breach notification filed with the Office of the Maine Attorney General. The company’s filing identified the incident as “external system breach (hacking).” In a notification letter sent to affected people […]

Consumers’ use of digital wallets is evolving beyond just making purchases, and younger generations are showing the way forward. The PYMNTS Intelligence report “Digital Wallets Beyond Financial Transactions: A Global Perspective,” created in collaboration with Google Wallet, drew from a survey of more than 12,000 consumers across the United States, the United Kingdom, Brazil, France […]

Uber is inviting consumers to give up their personal car for five weeks and adopt a “car-light lifestyle.” The ride-hailing company will select up to 175 people in seven cities across the United States and Canada to participate in its One Less Car trial, Uber said in a Thursday (June 27) press release. After receiving […]

Some of the seven new product and feature announcements Visa announced at its May 15 user conference are starting to gain traction. Case in point: Flexible Credentials and installments. When it was first announced, Mark Nelsen, senior vice president and global head of consumer payments at Visa, told PYMNTS’ CEO Karen Webster that one of the […]

Commercial payments are never just payments. More than the money movement itself, business payments comprise the workflows and data surrounding and supporting them. Ultimately, commercial payments help define and dictate the end-to-end experience a business can provide its customers. “Helping our customers move to a more automated payment transaction and provide their customers with a […]

There’s a misperception about bankers and banking. That misperception is that money — in all its forms — is the most important asset. The reality is that customers are the most important asset, because if there are no customers there is no money. And financial services executives who understand the connection also understand the importance […]

Cryptocurrency firm Abra and its CEO and largest equity owner Bill Barhydt have reached a settlement with 25 state regulators. The settlement follows the states’ finding that Abra and Barhydt operated a mobile app for buying, selling, trading and investing in crypto without receiving the required state licenses, the Conference of State Bank Supervisors (CSBS) […]

FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit. The company’s Freight unit, which is the largest operator in the less-than-truckload (LTL) sector, could bring a windfall to FedEx shareholders if it were spun off as a separate publicly traded company, The […]

Southwest Airlines is experiencing reduced pricing power because airlines have added flights and seats. The company said in a Wednesday (June 26) filing with the Securities and Exchange Commission (SEC) that it has changed its outlook for revenue per available seat mile (RASM) in the current quarter from its previous estimate of a year-over-year drop […]

Google is reportedly testing a facial recognition-based security system at one of its offices. The company is using the technology to spot unauthorized visitors and keep them from entering the office, CNBC reported Wednesday (June 26). “For many years our security team has been testing and implementing new systems and protections to help keep our […]

Artificial intelligence (AI) has the potential to expand human creativity and enhance collaboration, but it may also lead to the disappearance of certain creative jobs. The future impact of AI on creativity and job security remains uncertain, CNBC reported Wednesday (June 26). Mira Murati, chief technology officer of OpenAI, said during a June 19 event […]

Nvidia has taken a number of steps to maintain its dominant position in the field of artificial intelligence (AI) chips, Nvidia CEO Jensen Huang said Wednesday (June 26). Speaking during the company’s shareholder meeting, Huang said the firm has already “transformed” from a gaming-focused company to a data center-focused one; is partnering with computer makers […]

The financial sector is among the “most exposed” to both the benefits and the risks of artificial intelligence (AI), the Bank for International Settlements (BIS) said Tuesday (June 24).  The benefits of AI for the sector include improvements for lending and payments, while the risks include more sophisticated cyberattacks, the BIS said in a Monday press release.  […]

Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to overseas consumers.  The new marketplace will offer apparel, home goods and consumer goods, along with delivery in nine to 11 days, Reuters reported Wednesday (June 26), citing a paywalled article by The Information. […]

Citigroup’s head of risk data, analytics, reporting and tech Peter Cai has reportedly become the latest senior executive to leave the bank. Cai’s departure was announced internally on Tuesday (June 25) and a Citigroup spokesman confirmed the move Wednesday (June 26), Reuters reported Wednesday. The executive had recently focused on risk data analytics and reporting, […]

Blockchain builder Algorand has debuted a tool for decentralized authentication and communication called LiquidAuth.  As the company said in a news release Wednesday (June 26), LiquidAuth is an open-source solution for “authenticated peer-to-peer communication between wallets and apps/dApps,” designed to end the “overreliance” on centralized wallet communication provider WalletConnect. “While it emerged in response to […]

Levi Strauss & Co. is seeing its digital channels drive direct-to-consumer (D2C) growth, with eCommerce customers proving willing to pay full price and to spring for premium products. The apparel company shared in its second-quarter fiscal 2024 financial results, reported Wednesday (June 26), that it saw 8% revenue growth, with D2C revenue up 8% globally […]