Новости за 11.07.2024

Fireworks AI raised $52 million to expand its artificial intelligence product. The investment values the 2-year-old firm at $552 million, according to a Monday (July 8) company blog post. The company helps businesses access multiple AI models. “Unlike proprietary mega models that are generic, non-private, and hard to customize, Fireworks AI provides smaller, production-grade models […]

Artificial intelligence (AI) features in new smartphones from Samsung and Apple signal a shift that could alter user interactions and mobile commerce. Samsung set the stage at its Galaxy Unpacked event this week, introducing AI capabilities in its latest foldable devices, the Galaxy Z Fold 6 and Z Flip 6. These features leverage on-device AI […]

The Bank of Israel reportedly plans to wait until another advanced economy launches a central bank digital currency (CBDC) before introducing one of its own. The European Central Bank (ECB) is likely to be the first to do so, “and then you may see a rush of countries going forward with it,” Bank of Israel […]

Great Britain’s digital sector is reportedly seeing its slowest job growth in a decade. As Bloomberg News reported Thursday (July 11), this has led the incoming Labour government to promise to revitalize the industry as it seeks to fuel growth. The number of digital jobs climbed by just 0.3% last year — the lowest figure since a […]

Amazon entered into an $80 million deal that will bring comedian Dax Shepard’s podcast “Armchair Expert” to the Wondery platform. Wondery will exclusively distribute and sell ads for the podcast, co-produce two new podcasts, offer a livestream of the show each year, and get a first-look option for any new podcasts Shepard creates, The Wall […]

Mastercard and Canadian FinTech Nuvei have teamed to help consumers turn digital assets into fiat currency. The collaboration, announced Thursday (July 11), is open to consumers in Europe, and lets them convert their assets via debit, credit and prepaid cards. “This new functionality provides a bridge between digital and traditional finance that can be spent […]

Wealth technology platform Envestnet plans to go private in a deal with Bain Capital. The company entered into a definitive agreement to be acquired by Bain Capital in a transaction that values Envestnet at $4.5 billion, the companies said in a Thursday (July 11) press release. The agreement was unanimously approved by the Envestnet board […]

Alacriti and Lumin Digital partnered to enable financial institutions to offer a seamless loan payment experience. The collaboration includes the integration of Alacriti’s Orbipay loan payment solution with Lumin’s digital banking solutions, the companies said in a Thursday (July 11) press release. “The flexibility and scalability of Alacriti’s platform allow us to provide our clients […]

In an effort to stay ahead in a competitive market, grocers are leveraging artificial intelligence (AI) to enhance their consumer-facing digital platforms, making the experience more engaging and frictionless. Technology provider eGrowcery announced Wednesday (July 10) the availability of its AI tools for grocers to personalize recipes using ingredients from their product catalogues to niche […]

Bank of America has added a transaction search engine to its CashPro banking platform. “When it comes to finding, analyzing and acting on their company’s financial information, corporate finance departments, treasurers and CFOs expect the same ease and convenience they enjoy while managing their personal finances,” the banking giant said in a news release Thursday […]

There are many truisms about the B2B landscape, and they mostly center around better payments. After all, the ongoing digital transformation reshaping the B2B marketplace is increasingly defined by businesses moving away from paper checks and manual processes toward electronic payment methods, while B2B payment systems that integrate seamlessly with existing accounting and ERP software […]

Billtrust extended its collaboration with Visa, meaning Visa will continue to offer its financial institution clients access to Billtrust’s Business Payments Network (BPN). The two companies teamed up to launch BPN in 2018, aiming to help financial institutions streamline the B2B digital payments process for their corporate clients, according to a Thursday (July 11) press […]

Banks connected to the collapse of Synapse are reportedly close to recovering customers’ frozen funds. These banks have made progress in putting together account information for those customers, which could mean their funds being released within weeks, CNBC reported Thursday (July 11), citing a source briefed on the matter. Staff from Evolve Bank & Trust and Lineage Bank have in particular had success […]

Amazon Web Services (AWS) launched a generative artificial intelligence-focused partnership with enterprise software company Workday. “This expanded partnership combines the power of Workday AI and AWS to deliver AI features to our customers faster and more efficiently,” Shane Luke, Workday’s vice president of product and engineering and head of AI and machine learning, said in […]

Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday (July 11). Harris said this in a press release announcing the DFS’s adoption of guidance for insurers that use AI in underwriting and pricing. “New York has a strong track […]

The Consumer Price Index released Thursday (July 11) showed that, at least overall, the pace of inflation cooled in June. But the category-by-category data from the Bureau of Labor Statistics indicated a bump in food prices month over month — both at the grocery store and restaurants — so the consumers continually surveyed by PYMNTS […]

Fifth Third Bank says it has introduced tools to make changing financial institutions easier. “Switching banks has historically been stressful — scheduling an appointment at a bank to fill out applications, figuring out HR processes to set up direct deposit for a new account, waiting for money to be available, and ensuring bills get paid on time,” the […]

As specialty retailers look for ways to hold their own against Amazon’s growing lead, many are rethinking their tech efforts to be more competitive. Take, for instance, Guitar Center, which announced Tuesday (July 9) the appointment of Adolfo Rodriguez, who has held leadership positions at companies including IBM, Citrix and Advance Auto Parts, as its […]

The interconnected nature of financial systems can have cascading consequences when data is compromised. And with the recent news that the June cyber breach at Evolve Bank & Trust has reportedly impacted upwards of 7.6 million customers, containing the impact of a single data breach before it can ripple throughout an entire ecosystem is top […]

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games will be the first Olympiad since the widespread legalization of gambling in the U.S. The industry anticipates an uptick in betting compared to the last Summer Games in Tokyo, especially for sports […]

J.P. Morgan Chase is reportedly enhancing its competitive capabilities to remain the biggest bank in the United States. The bank is modernizing its infrastructure and data and using artificial intelligence and payments, Marianne Lake, CEO of consumer and community banking at J.P. Morgan Chase, told Reuters in an interview posted Thursday (July 11). These investments […]

PepsiCo’s snack food revenues dipped during its latest quarter as consumers continued to exercise caution. The food and beverage giant released second-quarter earnings results Thursday (July 11) showing revenue growth of 1.9%, down from 13% the same quarter last year. In commentary released before the company’s earnings call, CEO Ramon Laguarta said PepsiCo’s Quaker Foods […]

A British regulator wants Amazon to improve its relations with grocery suppliers. The Groceries Code Adjudicator (GCA) said Thursday (July 11) that it could open an investigation if the tech giant doesn’t turn things around. This came after the GCA released its annual survey into compliance with the Grocery Supply Code of Practice, which measures how well retailers manage […]

Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves a present. On July 4th, the day before their three-decade birthday milestone, it was announced that Amazon would take a minority stake in the new luxury department store confab Saks […]

Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday (July 11), is binding for a decade, letting other companies use the technology free of charge. In doing so, Apple ended an investigation by EU regulators, who said Apple was […]