Новости за 10.07.2024

As food and beverage brands look for new ways to drive acquisition and loyalty, key players are turning to virtual worlds to reach consumers in more parts of their day-to-day digital routines. Take, for instance, video game worlds. Quick-service restaurant (QSR) chain Whataburger announced Monday (July 8) the launch of its first tournament within online […]

The Consumer Financial Protection Bureau (CFPB) aims to require mortgage servicers to do more to help struggling homeowners before foreclosing. The regulator issued a proposed rule on this issue Wednesday (July 10) and will accept public comment on it until Sept. 9, the CFPB said in a Wednesday press release. “When struggling homeowners can get […]

Genstar Capital is reportedly in advanced talks to purchase a large stake in AffiniPay. The deal could place the value of the payments processor at close to $3 billion — including debt — Reuters reported Wednesday (July 10), citing unnamed sources. The deal is expected to be announced in the coming weeks, assuming the discussions […]

Tesla’s dominance of the American electric car market has faded, even as vehicle sales surge. The company’s share of the electric vehicle (EV) market fell just below 50% in the second quarter of the year, The New York Times reported Tuesday (July 9), citing new estimates from Cox Automotive. The figures showed that Tesla made […]

French banking group BNP Paribas has formed a partnership with AI firm Mistral. The agreement, announced Wednesday (July 10), is a multiyear partnership that provides access to Mistral’s current and future commercial artificial intelligence (AI) models across the bank’s business lines. The two companies have had a relationship since last year, when Parbias’ global markets […]

Crypto is as crypto does. And crypto is, by all appearances, trying to do better. The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA) framework is now live, and Web3 companies are already complying, a fact which industry observers believe could represent the start of the mainstream growth and adoption phase of digital assets. […]

Apple reportedly expects its new artificial intelligence (AI) services to boost demand for its iPhones. The company expects to ship at least at least 90 million iPhone 16 devices in the second half of this year, which is about a 10% increase over the 81 million iPhone 15 units it shipped in the latter half […]

eBay teamed with embedded finance platform Liberis to offer sellers working capital. Business Cash Advance is designed to provide eligible eBay sellers in the United States up to $1 million in working capital in as little as 24 hours, according to a Wednesday (July 10) press release. “eBay Seller Capital is aimed at fueling our […]

Better product data, better browsing, transparent pricing — and the ability to click through the whole process — these are the hallmarks of consumer-facing online commerce. And, increasingly, the same streamlined flows of finding what one wants, paying for it all and having the orders shipped (and tracked!) are finding their way into the B2B […]

With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging economic climate. Luxury brand Burberry, for instance, is gearing up to cut hundreds of jobs amid ongoing financial challenges, per a Telegraph report — possibly as many as 400 of […]

Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). The company says its new streamlined process highlights vehicles qualifying for the Clean Vehicle Tax Credit in the search experience and lets eligible customers apply the up to $4,000 in savings from the credit at checkout. “Carvana has always believed […]

CNN is reportedly cutting about 100 jobs as it prepares its new CNN.com subscription product. That’s according to a Wednesday (July 10) report by The Wall Street Journal (WSJ), which notes the move comes as the company is looking to become less reliant on its TV channel. The report cites a memo from CEO Mark Thompson to employees […]

Alibaba Group is reportedly using generative artificial intelligence to strengthen its renewed efforts to expand overseas. The Chinese eCommerce firm is using generative AI for tasks like providing translations for sellers on its platform and negotiating refunds, Zhang Kaifu, head of AI development at Alibaba’s international eCommerce unit, told The Wall Street Journal (WSJ) in […]

Africa-focused payments technology firm enza has partnered with money movement company TerraPay. The collaboration, announced Wednesday (July 10), is designed to promote financial inclusion in Africa, the companies said in a news release provided to PYMNTS. That means enza—with offices in South Africa and Egypt—can harness TerraPay’s connectivity to more than 2.1 billion mobile wallets, allowing […]

Tax preparation software maker Intuit is cutting 1,800 jobs, or 10% of its workforce, and closing two locations. The company, parent of QuickBooks and TurboTax, revealed the planned layoffs in a filing with the Securities and Exchange Commission Wednesday (July 10), saying it plans to “hire a nearly equivalent number of employees in fiscal 2025 […]

Shein reportedly pledged a $271 million, five-year investment in Europe and the United Kingdom. The planned investment comes as the fast-fashion retailer is preparing for a possible listing in the U.K. and fends off criticism of its business model, Reuters reported Tuesday (July 9). While Shein sources some clothes from factories in Turkey, most of […]

As the B2B landscape embraces digitization, traditional buyer-supplier dynamics are undergoing a sea of change. With news Monday (July 8) that business identity platform Niva brought to market its business verification solution, firms know that no matter the shifting nature of today’s contemporary B2B transaction cycles, one thing remains immutable: Buyers need to know who […]

The RTP network set records in terms of both the number of transactions and the value of payments it enabled in the second quarter. The instant payments system operated by The Clearing House allowed consumers and businesses to send 82 million transactions valued at $55 billion during the quarter, The Clearing House said in a […]

As artificial intelligence reshapes the tech landscape, regulators and lawmakers are scrambling to keep pace. Microsoft’s withdrawal from OpenAI’s board, an upcoming Senate hearing on AI privacy, and expert calls for a new regulatory approach highlight the complex challenges facing the AI industry and its overseers. Microsoft Cuts Ties With OpenAI Board  Microsoft has reportedly […]

Without the limits of physical shelf space, direct-to-consumer (D2C) brands can offer a wider range of products that may be more niche or less universally appealing, allowing for greater personalization. Sophia Edelstein, co-CEO and co-founder of D2C customizable glasses brand Pair Eyewear, discussed in a conversation for PYMNTS’ Shop Talk series how the channel enables […]

The pristine lawns of Wimbledon are now home to more than just world-class tennis. This year, the All England Lawn Tennis Club deployed a new ally in its fight against online harassment: artificial intelligence. The move mirrors a broader trend across industries as organizations grapple with the growing challenge of digital abuse. Wimbledon’s AI system […]

Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide the $2.3 billion it had raised into two funds: $800 million earmarked for early-stage startups and the remainder for latter-stage companies. “It’s an incredibly exciting time to invest,” Jan Hammer, a partner at […]

Google DeepMind introduced a new artificial intelligence training method designed to reduce computing costs and energy consumption, potentially impacting the economics of AI development and its applications in online commerce and global customer support. The new technique, called JEST (joint example selection), reportedly delivers a 13-fold increase in performance and a tenfold improvement in power […]

A European Central Bank board member is warning of threats tied to shadow banking. In an interview with the Financial Times published Wednesday (July 10), Elizabeth McCaul said the growth of hedge funds, private credit providers and other sources of financing outside the regulated banking system is the largest threat to Europe’s financial landscape. “There are certainly caution lights in front […]

Mastercard and the Medical Tourism Association (MTA) have teamed up to modernize the medical tourism experience for patients and providers around the world.  The MTA will launch a one-stop platform called Better by MTA that will not only help arrange medical treatments but also use Mastercard’s commercial virtual card technology to facilitate fast and secure cross-border payments, the […]