The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and using tokenized bank deposits. And what remains to be seen is whether those initiatives will define competition, or co-existence, with...
Walmart has shared with the public some of the deals it will offer as it works to get a jump on its competitors by helping shoppers get an early start on their holiday shopping. The retailer will offer a “Walmart Deals — Holiday Kickoff” savings event...
Birkenstock may need a bigger toe-hold in the direct-to-consumer market before it goes public. That’s according to a Thursday (Oct. 5) report by Reuters, citing comments from investors and analysts who say the sandal-maker needs to increase sales via its website and boutiques before its initial public...
Generative artificial intelligence (AI) can digitally create nearly everything and anything. And that is becoming a problem. One of the world’s most popular YouTubers, MrBeast, and America’s dad, Tom Hanks, are separately speaking out against the illicit use of their synthetic likenesses in new deepfake...
Cobre has reportedly raised $13 million to take its treasury platform beyond its native Colombia. As TechCrunch reported Thursday (Oct. 5), the company plans to enter Mexico next year, while also updating its product — initially designed for big companies — for use by smaller businesses. Jose...
American Express said it is adding facial and fingerprint recognition to its SafeKey authentication tool. The upgrade, announced Thursday (Oct. 5) is designed to prevent fraud and streamline checkout, and makes American Express the first card issuer to roll out these biometric features, the company...
Artificial intelligence (AI) has been transforming health and medicine for several decades, whether through diagnostics, personalized medicine, data analytics or other innovations. The advent of generative AI is now reshaping drug discovery, diagnostics, clinical decisions and delivery of care. Traditional healthcare companies — whether healthcare...
In today’s hyper-competitive business landscape, small- to medium-sized businesses (SMBs) face challenges in standing out and reaching consumers. The rise of eCommerce has transformed the way consumers shop, and retail giants like Amazon and Walmart have capitalized on the shift by providing third-party marketplace solutions....
Walmart has reportedly found that customers who buy appetite-suppressing medications like the diabetes drug Ozempic are buying less food. The retailer is analyzing anonymized data on shopper populations to gain insights into changes in sales patterns among individuals who are taking the drug compared to those...