Long-term success frequently results from businesses being agile, and prepared, in the short-term. That’s why it is so heartening, Shaunt Sarkissian, founder and CEO of AI-ID, told PYMNTS for “What’s Next in Payments Series: Quarterly Scorecard,” that “the first quarter of 2024 is so far going according...
The software publishing industry is in a state of flux right now as it embraces embedded finance to facilitate new growth — and many payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are now working to support this push. Research confirms PayFacs, ISVs and...
A problem without a solution presents more opportunity than a solution without a problem. That’s because it is easier, in many ways, to solve for a need than it is to try and sell the existence of one. And while both sides certainly have their...
Fundamental to the continued growth of the digital economy is the infrastructure to support it. Particularly as technologies like mixed reality (MR), virtual reality (VR), extended reality (XR) and artificial intelligence (AI) become a greater part of daily life, there will need to be equivalent...
Three members of Congress have asked the Federal Deposit Insurance Corp. (FDIC) for information about how it will provide regulatory guidance for FinTech firms and other financial innovators. This request was driven by the FDIC’s dismantling of the external facing portion of its FDITech Office, according to...
Payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces find themselves in an era where navigating a fiercely competitive eCommerce landscape, filled with interrelated opportunities and challenges, is imperative for success. Thriving in their distinctive domains requires these providers to adopt different innovative solutions as...
A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public to gauge and address the risks and rewards of financial innovation. And though the hearing before the Digital Assets, Financial...
A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. That same year, tech giant Google spent more on headcount and people costs than it did compute and data. Today, 10 years later, the fleet of robots powering Amazon’s warehouses...
When OpenAI’s ChatGPT was released a year ago, it seemed to come from nowhere. But the emergence of generative artificial intelligence (AI) as a viable, usable commercial product was, in reality, the end result of countless decades of research and untold billions of dollars of...
