Новости за 25.09.2024

Would you trust artificial intelligence-powered tools to conduct your employee evaluation? Business software startup Rippling hopes the answer is yes. The company is launching a product called Talent Signal, which uses AI to gauge employee performance based on task-specific metrics, Bloomberg reported Wednesday (Sept. 25). The tool can spot patterns a manager might not notice, […]

Loop has debuted a solution to help merchants offset the cost of returns and reverse logistics. Dubbed “Offset,” the solution lets brands offer their customers the chance to pay a small upfront fee during checkout in exchange for free returns later, the company said in a Wednesday (Sept. 25) press release. “With the rising costs of returns […]

The co-founder of business automation startup Skael has been accused of illegally inflating its revenues. Baba Nadimpalli, who had also been the CEO of the defunct company, was indicted Tuesday (Sept. 24) by a federal grand jury in San Francisco on charges of securities and wire fraud. He has also been charged with fraud by the U.S. Securities […]

TreviPay has introduced enhancements for dealer management systems for commercial equipment dealers servicing fleets. “In addition to providing a smooth onboarding and integration process, TreviPay’s advanced API technology captures transaction line-item details in real time,” the B2B payments/invoicing network said in a news release Wednesday (Sept. 25). “The enhancements will ensure a seamless payments experience for […]

B2B businesses are increasingly looking to artificial intelligence (AI) solutions in support of process excellence. Across marketing, customer success, compliance, payments and beyond, AI innovations are reshaping traditional workflows. Amid Google’s new upgrades on Tuesday (Sept. 24) to attract more businesses to its Gemini platform, enterprise organizations and smaller businesses are finding ways to create more […]

As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance innovation and oversight. Meanwhile, industry figures like Appian CEO Matt Calkins demand stronger IP protections, underscoring the challenges facing policymakers and businesses in the rapidly evolving AI landscape. European Tech […]

Klarna and Xero partnered to enable the users of Xero’s small business platform to offer their customers a buy now, pay later (BNPL) option. With this option, small businesses can get paid up front while their customers can pay over time without high interest rates or fees, the companies said in a Wednesday (Sept. 25) […]

CellPoint Digital has launched a suite of alternative payment methods for the travel sector. The payment orchestration company’s APM Hub debuts as travelers are increasingly turning to alternative payment methods (APMs) like digital wallets. “The launch of the APM Hub underscores the growing importance of APMs in what merchants need to offer,” Tom Randklev, global head […]

As economic uncertainty intensifies, consumers are grappling with a range of financial challenges, from inflation to stagnant incomes. In response, many are seeking financial advice and planning tools to navigate these turbulent times. Americans are turning to various sources for this guidance. Some are typical, such as traditional financial institutions (FIs), and some are novel, […]

The restaurant industry is undergoing a digital transformation. While the evolution is being driven by a growing demand by customers for seamless, efficient and personalized experiences, innovations in payment technologies are at the transformation’s center — and will define its future. “Today’s diners want a seamless experience that’s quick and super easy. This includes digital […]

As digital solutions become more widely adopted, traditional financial institutions (FIs) face an escalating challenge from agile FinTech competitors. Younger consumers gravitate toward personalized financial services over the one-size-fits-all offerings of established banks, and FIs must rethink their strategies. According to a PYMNTS Intelligence report, “Modular Design: Can Composable Banking Find Favor With FIs?,” a […]

OpenAI is rolling out its Advanced Voice to all Plus and Team users in the ChatGPT app this week. “While you’ve been patiently waiting, we’ve added Custom Instructions, Memory, five new voices, and improved accents,” the company said in a Tuesday (Sept. 24) post on X. The feature is not yet available in the European […]

The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the first application from an organization seeking recognition as an open banking standard-setter. The application from Financial Data Exchange (FDX) has been published by the CFPB and the comment deadline is Oct. 16, according to a press release and notice issued Tuesday (Sept. 24) […]

Companies’ use of artificial intelligence (AI) is one of the things prosecutors will look at when assessing their compliance programs during investigations of criminal offenses like bribery or fraud. Nicole Argentieri, principal deputy assistant attorney general for the criminal division of the Department of Justice (DOJ), said this on Monday (Sept. 23) while outlining changes […]

As Stitch Fix, the online personal styling service, navigates a challenging retail landscape with a transformation strategy designed to revive its financial performance and client engagement, CEO Matt Baer is confident the company will return to revenue growth by the end of fiscal 2026. During Stitch Fix’s fourth-quarter and full-year fiscal year 2024 results announced […]

Student loans account for a growing number of complaints service members and veterans make about financial products. While consumers in general began filing more complaints when payments for federally owned student loans restarted in October 2023, service members face some unique challenges, the Consumer Financial Protection Bureau (CFPB) said in a Tuesday (Sept. 24) press […]

LinkedIn has thrust its 930 million users into an unexpected role: unwitting AI trainers, igniting a firestorm over data privacy and consumer trust. The professional networking giant’s recent User Agreement and Privacy Policy update, which will take effect on Nov. 20, has caused concern in the business community. LinkedIn admitted it has been using users’ […]

The last days of the third quarter are upon us, the waning days of the month, too. And it’s shaping up to be a September to remember for tokenized deposits. Tokenized deposits exist as digital holdings — not to be confused with stablecoins, a form of cryptocurrency — that are in fact fiat currency (not […]

Desia has raised $3.3 million in pre-seed funding to fund the development and growth of its artificial intelligence (AI) applications for productivity, automation and analytics in the financial investment industry. The company’s product employs AI to help investment professionals use data and information in an automated manner, Desia said in a Tuesday (Sept. 24) press release. […]

Following through on reports circulated Monday (Sept. 23), the U.S. Department of Justice filed an antitrust lawsuit against Visa, accusing it of stifling competition in the debit card market and suppressing alternatives. The Tuesday (Sept. 24) complaint alleged that Visa employed exclusionary contracts and anticompetitive practices to maintain its market share dominance, resulting in higher […]

When your company is responsible for one the largest IT outages in history, the U.S. government is going to want to hear more about it. And that’s what took place Tuesday (Sept. 24), when the U.S. House Committee on Homeland Security Subcommittee on Cybersecurity and Infrastructure Protection heard from Adam Meyers, senior vice president, counter […]