Artificial intelligence (AI) and machine learning (ML) aren’t part of a far-off future. They are here, and they are at the bank. In fact, 100 percent of modern financial institutions (FIs) use some type of AI, ML or other learning system in varying forms and capacities....
Western Union has rolled out a new payment option that will let international Amazon.com customers pay in their respective country’s currency, the company announced in a press release. The service is being offered in 10 countries, including Chile, Peru, Colombia, Hong Kong, Thailand, Taiwan, Philippines,...
Kroger, one of America’s largest supermarket chains, is introducing a new mobile payment option and a loyalty rewards card, according to reports. The mobile payment option, called Kroger Pay, is available in any Kroger apps for both Android and iOS. At the terminal, shoppers can...
In a restructuring move for its customer support department, PayPal has closed its office in Malaysia, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Burger King Russia’s collaboration with WebMoney Transfer for quick response (QR) code-based payments. In addition, Bleep UK PLC has rolled out its Bleep SS-821 self-service kiosks, and SOTI found that a majority...
TuSimple, a driverless truck startup in California, has achieved unicorn status — a valuation of $1 billion— after a series D funding round that brought in $95 million, according to a report by CNBC. Get the Full Story Complete the form to unlock this...
Starling Bank, the U.K. digital banking platform, announced on Wednesday (Feb. 13) that it has raised £60 million ($77.15 million) in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Rapyd, the Silicon Valley-based startup that offers a slew of financial services from payments to ID verifications from one API, has raised $40 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Some entrepreneurs have been inspired to find new solutions to common travel challenges such as storing luggage for guests of home shares: LuggageHero Founder and CEO Jannik Lawaetz, for instance, has stayed at these types of accommodations (and with friends and family) over the past...
