Новости за 05.07.2024

In recent years, the grocery sector has faced a burgeoning challenge: the rising tide of theft and fraud. According to data from the Food Industry Association (FMI), a national trade association for the U.S. food industry, this is the most commonly faced challenge for grocers today, per the group’s yearly report “The Food Retailing Industry […]

Payments processor NCR Voyix is reportedly considering the sale of its digital banking operation. That sale could bring in as much as $3 billion, Reuters reported Friday (July 5), citing sources familiar with the matter. Those sources say two buyout firms — TPG and Warburg Pincus — have expressed interest in the business, which accounts […]

Now that the Labour Party’s been ushered into power in the U.K. — in a landslide vote — what’s next for open banking in the United Kingdom? New Prime Minister Keir Starmer has promised an era of “national renewal,” and there are some key tenets of what lies ahead in financial services, and, in particular, […]

By the middle of 2023, hackers had stolen $657 million in cryptocurrency. One year later, that figure had more than doubled to $1.38 billion, blockchain data firm TRM Labs said in a report issued Friday (July 5). “Similar to 2023, a small number of large attacks made up the lion’s share of the haul: the top five hacks and […]

Australia’s federal court has ruled that PayPal’s contract for local small businesses is unfair. The reason, the court ruled Friday (July 5) is because the contract terms allowed PayPal to retain fees it had erroneously charged if the small business failed to inform PayPal of the error within 60 days of the fee showing up […]

OpenAI was reportedly hacked last year, raising security fears at the artificial intelligence company. The hacker accessed the company’s in-house messaging system and made off with details about its artificial intelligence (AI) technology, the New York Times reported Thursday (July 4), citing two sources familiar with the incident. These sources say the hacker saw discussions […]

As zillennials — the bridge generation born between 1991 and 1999 — grow into their prime spending years, their shopping habits are becoming increasingly influential in the retail landscape. This cohort, nestled between millennials and Generation Z, exhibits unique characteristics that set them apart from either more traditional generational grouping. The new PYMNTS Intelligence study, […]

Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and newly-added Saudi Arabia, integrating Mastercard’s expertise into Lulu Group’s operation. “The partnership will introduce revamped features and benefits, such as digital in-store transactions […]

China has emerged as the dominant force in generative artificial intelligence (AI) patents, outpacing global competitors by a significant margin, according to a new report from the World Intellectual Property Organization (WIPO). The study reveals that Chinese inventors filed over 38,000 GenAI patents between 2014 and 2023, more than six times the number filed by […]

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up with an anticipated pullback by banks on traditionally “free” services and products. Amid that pullback, there’s opportunity for neobanks, the digital-only upstarts that have been seeking to make inroads against […]

Epic Games’ long-running legal battle against Apple has reportedly taken a new turn. The Fortnite maker says the tech giant is holding back its attempts to launch a games store for Apple users in Europe, Reuters reported Friday (July 5). Epic claims Apple has twice rejected documents the company submitted to launch its store, with Apple alleging that the design […]

When Bill Gates recently declared that self-aware AI represents the future of computing, he wasn’t just making a bold prediction. The Microsoft co-founder was spotlighting a concept that could change how businesses operate across all sectors. Gates specifically highlighted “metacognition“ — a system’s ability to think about its thinking — as a critical development in […]

Switzerland-based cryptocurrency wallet maker Tangem AG has launched a payments partnership with Visa. The collaboration, announced Friday (July 5), has resulted in a Visa payments card combined with a hardware wallet that lets Tangem users make payments using their crypto or stablecoin balances at merchants that accept Visa. “We are delighted that Visa has chosen to partner with Tangem, one […]

When Saks Fifth Avenue and Neiman Marcus merge, Amazon’s tech will help them thrive. That’s according to Marc Metrick, CEO of Saks’ online operations, speaking to Bloomberg News Thursday (July 4). This was one day after Saks announced it was purchasing its rival — which also owns Bergdorf Goodman — with Amazon and Salesforce both taking minority stakes. “How do you future-proof a brand like Saks or Neimans […]

Real-time payments continue to advance globally. Banks, FinTechs, corporates and governments are all pursuing initiatives to accelerate payments for their citizens and customers. Real-Time Payments in the United States In the U.S., digital banking platform Ibanera has incorporated the Federal Reserve’s FedNow® Service to offer these faster payments nationwide. This marks a milestone in American […]

The barbecues will die down to a few flickering embers. The fireworks’ booming will echo and fade. And the summer getaways during the work-shortened week will give way to the return of the road warrior. The stage has been set for that rebound. The Tech Connect PYMNTS Intelligence’s summer edition of the “Consumer Credit Economy […]

As Amazon and Walmart gear up for their summer deals events, digitally native brands are seeing the opportunity to scale in ways that would never be possible without these shopping surges. For Pawstruck, an online pet supply company, Prime Day represents a crucial opportunity for growth and visibility. Founded in 2014 by CEO Kyle Goguen, […]

As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the right platform for its growth. First, the sales update. As the major car companies report their second-quarter 2024 sales, the results for overall electric vehicle […]

Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations aims to tackle safety and adoption challenges in AI. As global AI regulations tighten, from Nvidia’s potential antitrust charges in France to California’s pioneering safety laws, the stakes have never been higher. Amid these shifts, tech giants are flagging AI risks in Securities and Exchange […]

This month’s jobs report is projected to show slowing hiring and cooling wages. That’s according to a survey of economists published Thursday (July 4) by Bloomberg News, one day before the Bureau of Labor Statistics releases its monthly wages/employment report. This survey forecasts that payrolls likely increased by 190,000 in June, while average earnings probably rose around 3.9% year […]