Новости за 25.10.2024

Three companies in the autonomous vehicle space are raising money for their efforts. Waymo closed an oversubscribed investment round of $5.6 billion, WeRide launched its initial public offering (IPO) and Pony AI filed for an IPO on Nasdaq, according to press releases and report. Waymo said in a Friday (Oct. 25) press release that its […]

Perplexity CEO Aravind Srinivas said Friday (Oct. 25) that the artificial intelligence (AI) search company is serving over 100 million queries per week. “Perplexity now serves over 100M queries every week,” Srinivas wrote in a post on X. “Next stop: 100M+ queries every day.” This announcement comes five days after it was reported that Perplexity […]

For firms in security-critical areas like financial services and payments, it’s time to pay attention to cybersecurity. A data breach in these industries doesn’t just mean a lost paycheck; it could trigger a financial disaster on a global, digitally interconnected scale. And with the news this week, per a filing with the U.S. Department of […]

Bill360 will add new features to its accounts receivable (AR) automation platform that will enhance the invoice email process, increase protection against credit card fraud and make paying invoices easier for buyers. The platform is designed for accountants and their B2B small- to medium-sized business (SMB) clients, the company said in a Monday (Oct. 21) […]

Consumers are feeling a bit more positive, notably about “buying conditions,” as shown in the latest release from the University of Michigan’s Survey of Consumers. The Friday (Oct. 25) release surveying consumer sentiment noted that October’s reading came in at the highest level since April 2024 — and is now more than 40% higher than […]

Mastercard is expanding its U.S. Installments program to all eligible digital points of sale. This offering will allow merchants, financial service providers, payments processors and digital wallets to present installment offers for consumers to any eligible credit card from participating issuers, the company said in a Friday (Oct. 25) press release. “Over the past few […]

Getnet launched a regional eCommerce solution that provides a single entry point (SEP) for payments in Argentina, Brazil, Chile and Mexico. The new Getnet SEP gives merchants in these countries access to Getnet’s payment services through one integration, the company said in a Friday (Oct. 25) press release. Customers in Getnet Argentina and those in […]

The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). But the issue is far from over. The battle between banks and the CFPB over what is commonly called Section 1033 is shaping up to be a fight waged in court due to growing contention over liability and oversight of the relationships […]

As the holiday season approaches, consumer shopping habits are shifting to earlier purchases and retailers are scrambling to get ready for what may be a blockbuster fourth quarter. As consumer shopping habits evolve, the Black Friday to Cyber Monday (BFCM) weekend is projected to set a new record, with U.S. retail sales anticipated to surpass […]

This week in artificial intelligence, Anthropic and OpenAI unveiled new AI systems capable of controlling computers and working in teams, while the U.S. Department of the Treasury demonstrated AI’s real-world impact by recovering $3.8 billion in fraudulent payments. The developments coincide with Apple’s AI pivot in iOS 18.2 and mounting legal tensions, as News Corp […]

LinkedIn will reportedly begin showing user verification badges within its primary feed in November. This move comes after the company began verifying users in April 2023 to combat fake profiles, scams and misinformation fueled by artificial intelligence (AI), CNBC reported Friday (Oct. 25). “Being able to understand the authenticity of someone will be essentially critical […]

Shoppers may soon browse digital clothing racks and try on virtual jewelry from their living rooms with the help of artificial intelligence (AI) as Meta pushes its vision of a new augmented reality headset. Retail analysts say the company’s combination of AI and augmented reality could change how consumers shop. It would allow them to […]

Russian President Vladimir Putin reportedly said Thursday (Oct. 24) that there are no plans to create a new system for cross-border payments between BRICS countries. Speaking at a summit of BRICS countries — which include Brazil, Russia, India, China and South Africa — Putin said the existing financial messaging systems run by BRICS central banks […]

As we head into the fourth quarter of arguably the most innovative year in payments since the pandemic, the liberation of capital is emerging as the story of the year. Money movement is becoming intuitive and friction-free, a part of what happens in the background of all sorts of commerce. Ingo Payments Chief Innovation Officer […]

There’s no shortage of analysis of the various use cases where payments, credit and other offerings can be delivered outside the realm of traditional financial services. But maybe what’s needed is more conversation about how it all needs to be delivered — and what gets in the way of the consumer’s experience. Thredd CEO Jim […]

Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate to the cloud. Not yet, anyway. Migrating to the cloud can be a complex undertaking, particularly for banks with legacy systems and intricate regulatory requirements. The process involves not only […]

As consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence Report, How People Pay: Debit Leads in Stores, Credit Leads Online, reveals a distinct divide: consumers favor debit cards for in-store purchases while credit cards dominate online transactions, particularly in discretionary spending categories like travel. Contrasting Shopping Trends: In-Person […]

For FinTechs in general, and the FinTech IPO Index in particular, this past week has been dominated by regulators, new rules related to data and disclosure, and legal wrangling in the courts. Shares of Sezzle surged 19.8% through the past five sessions, while Affirm lost 4.3% through the same time frame. As PYMNTS reported, the […]

Square has increased its offerings for beauty and wellness sellers by adding new features, partner integrations and a distribution partnership. These tools are designed to help beauty and wellness professionals with their sales, customer service and back-office operations, the company said in a Monday (Oct. 21) press release. “Beauty and wellness sellers need flexible solutions […]

Capital One’s most recent quarterly earnings, posted Thursday (Oct. 24) after the bell, indicated that cardholders continued to embrace credit as a key payment method, and consumers remained in “good shape,” according to the CEO. The company’s earnings supplementals noted that card purchase volumes were 5% higher, to $166 billion. CFO Andrew Young said on […]

Three days after Santander launched its digital bank in the United States, offering high-yield savings accounts, Executive Chair Ana Botin reportedly said the bank will have a full-service digital bank in the country by the end of 2025. Santander’s digital bank, Openbank, is Europe’s largest digital bank in terms of deposits, Reuters reported Thursday. Santander […]

As Hasbro and Mattel revamp their strategies, the toy industry is entering a phase driven by digital transformation and consumer connectivity. Hasbro is capitalizing on its strengths in gaming and licensing, refreshing cherished franchises and expanding its intellectual property through digital platforms. At the same time, Mattel is preparing for the holiday season by focusing […]

Growing concerns about geopolitical instability and legal and regulatory uncertainty accompanied a slight decline in CEO confidence in the fourth quarter. The Conference Board Measure of CEO Confidence in collaboration with The Business Council dropped one point to 51 in the fourth quarter, down from 52 in the third quarter and a two-year high of […]

VAT4U has added generative artificial intelligence (AI)-powered capabilities to simplify value-added tax (VAT) processes. The upgraded VAT4U SmartAI engine focuses on helping businesses manage VAT for accounts payable (AP) and travel and expenses (T&E), the company said in a Thursday (Oct. 24) press release. “With VAT4U SmartAI, businesses can now harness AI-driven technology to manage […]