Новости за 29.08.2024

Apple and Nvidia are reportedly in talks, separately, to invest in OpenAI. The Wall Street Journal reported Apple’s consideration of an investment in the artificial intelligence (AI) company, while Bloomberg reported Nvidia’s interest. Both reports cited unnamed sources. Reached by PYMNTS, Nvidia declined to comment on the report. Apple did not immediately reply to PYMNTS’ […]

The U.K.’s new Labour government is reportedly rethinking its approach to artificial intelligence (AI). As Reuters reported Thursday (Aug. 29), the government is developing a new AI strategy that prioritizes public sector adoption instead of direct industry investment in the interest of cutting costs. The government has already jettisoned plans to invest $1.7 billion into […]

Numeral and HSBC Innovation Banking UK have partnered to enable embedded payments for innovative companies like FinTechs, InsurTechs and marketplaces. With this collaboration, companies that are clients of both partners can embed HSBC Innovation Banking U.K.’s payment and account services via Numeral’s application programming interfaces (APIs), the companies said in a Thursday (Aug. 29) press release. […]

Meta says its AI models have been downloaded nearly 350 million times since last year. That’s more than 10 times the downloads compared to this time in 2023, the social media giant said Thursday (Aug. 29), with more than 20 million downloads in the last month. “The success of Llama is made possible through the […]

Consumer spending and private inventory investment are driving an increase in real gross domestic product (GDP), the Bureau of Economic Analysis (BEA) said Thursday (Aug. 29). Real GDP increased at an annual rate of 3% in the second quarter, according to the BEA’s second estimate released Thursday. That figure is up from the agency’s advance […]

Mexican FinTech startup Stori has begun its expansion into Colombia. The company said it will spend $100 million on the project over the next three years and has named former Rappi head of payments Carlos Ayalde to lead its operations in Colombia, Bloomberg reported Thursday (Aug. 29). Stori focuses on underbanked consumers and offers payment cards and high-interest deposit […]

Two of the most high-profile artificial intelligence firms inked a deal with the United States government. OpenAI and Anthropic agreed to collaborate with the U.S. Artificial Intelligence Safety Institute on AI safety research, testing and evaluation, according to a Thursday (Aug. 29) press release. The agreements establish a framework for the institute to receive access […]

IKEA U.S. has begun rolling out an invoice-to-pay solution provided by payments company Slope, saying it will provide flexible payment options for the furniture retailer’s business customers. Slope’s solution was launched on IKEA.com for business applications and checkout where approved and will be fully integrated into all IKEA U.S. locations for in-store purchasing by October, the retailer said […]

Block is working with the U.S. government to promote the use of digital identity tools. The FinTech conglomerate announced Thursday (Aug. 29) that it was working with the National Cybersecurity Center of Excellence (NCCoE), a division of the Commerce Department’s National Institute of Standards and Technology (NIST), to identify standards for mobile driver’s licenses, or […]

Visa and Crown Agents Bank (CAB) are targeting the “last mile” of the payments process. The two firms were already working together, with Visa relying on CAB to provide foreign exchange liquidity when settling high-value payments — like bank-to-bank transfers, or payments between large institutions — in certain jurisdictions, according to a Thursday (Aug. 29) […]

In recent months, retail giants Walmart and Amazon have been seizing on consumers’ demand for digital restaurant ordering to drive engagement with their paid memberships, offering dining benefits to incentivize subscriptions. Walmart recently announced a deal with Burger King, its first Walmart+ dining partnership, offering members of its paid retail subscription 25% off their digital […]

Nvidia’s latest earnings report released Wednesday (Aug. 28) revealed a paradox: record-breaking revenue fueled by artificial intelligence chip demand, yet a deceleration in growth that left investors jittery. The company’s performance, particularly in its data center segment, which includes AI-focused products, remained strong in the second quarter. However, the sequential growth rate slowed compared to […]

Most businesses have a target on their back. And for good reason — their data and credentials are incredibly valuable to fraudsters, especially when it comes to large enterprises. Against this backdrop, credential theft has become the emerging initial attack vector of choice for many hackers, as both the recent information systems breach at Dick’s […]

Swedish furniture retailer IKEA launched a partnership with Dutch payments FinTech platform Adyen. The collaboration is designed to help IKEA better connect its in-store and digital sales channels to provide improved payment and loyalty experiences for customers, according to a Wednesday (Aug. 28) press release. “Utilizing Adyen’s single financial technology platform to gather customer payment […]

California lawmakers passed an artificial intelligence safety bill despite industry opposition. The bill needs one more process vote before it heads to Gov. Gavin Newsome, who has until the end of September to either sign the legislation into law or veto it, Reuters reported Wednesday (Aug. 28). Senate Bill 1047 requires safety testing by AI […]

Mastercard chose India for the launch of its Payment Passkey Service. The online checkout security measure comes as India is dealing with a surge in fraud cases, according to a Thursday (Aug. 29) press release. “Despite the rising popularity of one-time passwords (OTPs) due to their ease of use, they are increasingly vulnerable to online […]

Fiserv clients will be able to more easily enable PayPal, Venmo and related services, and accelerate guest checkout flows in the U.S. via a simple connection point to Fastlane by PayPal. These enhancements are enabled by an expansion of the global strategic partnership of Fiserv and PayPal, the companies said in a Thursday (Aug. 29) […]

Banking is changing. No longer the sole province of financial specialists and time-honored institutions, it has instead become woven into the digital fabric of wherever we shop and conduct business. Aptly named, embedded finance is playing a crucial role in the financial industry’s digital transformation, turning everyday brands into financial services providers. This shift is […]

The healthcare sector is riddled with change-the-game opportunities, frequently hidden behind entrenched fragmentations and inefficiencies. And at the center of this ecosystem, caught between traditional processes and the promise of technologically driven transformations, sits better healthcare payments. To understand how the evolution of healthcare billing and payments can remove frictions from the complexities faced by consumers […]

Within an open banking environment, advances like pay by bank are transforming money movement. At its core, pay by bank allows consumers to make payments directly from their bank accounts, bypassing traditional intermediaries such as credit card networks, Trustly Chief Revenue Officer Frederick Crosby told PYMNTS. The process could transform the payment landscape by reducing […]

In today’s business environment, effective payment methods are essential. Outdated payment systems can create cash flow challenges, while digital payments offer streamlined processing, enhanced operational efficiency and improved customer experience. The PYMNTS Intelligence report “Getting Paid: Digital Payments for Improving Cash Flow and Customer Experience” examined how digital payments are reshaping accounts receivable (AR), offering […]

Facing instability requires different capabilities compared to operating in a stable environment, Esker Worldwide COO Emmanuel Olivier writes in a new PYMNTS eBook, “Beyond the Horizon: How to Identify Unexpected Threats That Could Impact Your Business.”   In recent years, economic and geopolitical instability has become a constant, showing no signs of abating. Our once […]

Small and medium-sized businesses (SMBs) across sectors are widely using instant payments. For many, they have become their primary method of sending payment. Across four sectors — healthcare, hospitality, restaurant and transportation — we find that at least two-thirds of SMBs now send instant payments. In fact, roughly 4 in 10 name an instant method […]

Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the boards of directors of both companies but is subject to the receipt of required gaming regulatory approvals and other customary closing conditions, DraftKings said in a Wednesday (Aug. 28) press […]

Buy now, pay later (BNPL) firm Sezzle plans to have WebBank serve as its exclusive bank to originate and finance products offered through the Sezzle platform, including its Pay-in-2 and Pay-in-4 products. The two companies entered into a strategic partnership program by executing a loan and receivables sale agreement and marketing and servicing agreement on […]