Businesses that trust each other, grow together. That’s why when it comes to digitizing the commercial payments ecosystem, solving for behavior is just as important as solving for capability — particularly when innovating within B2B payments. Familiarity, whether between buyers and sellers or in their...
Carefull secured $16.5 million in funding through a Series A round to grow its artificial intelligence (AI)-powered financial safety platform for senior citizens. Carefull will use the capital to expand its platform, establish new enterprise partnerships and advance its behavioral engine, the company said in...
Klarna has debuted an artificial intelligence (AI)-powered shopping tool with the help of OpenAI. The Swedish payments company announced the new feature Wednesday (Oct. 11) as part of a broader rollout of new shopping-related offerings. The flagship of these new products is the company’s shopping lens, which —...
Fake news is getting more real, and so is the problem for companies and their audiences. That’s because as the capabilities of generative artificial intelligence (AI) advance, the images and media that the models are able to produce are becoming more realistic, making it more...
Amazon has reportedly tested a “Buy Again” feature to entice shoppers into repeat purchases. The company has placed the new feature in a tab on the “most prized real estate” on its app home page, The Wall Street Journal (WSJ) reported Wednesday (Oct. 11). According to the report,...
President Joe Biden and the heads of the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) will announce new rules and regulations to crack down on junk fees across various industries on Wednesday (Oct. 11). Junk fees, which are hidden charges that companies add to customer bills, cost...
German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle of the range it had initially sought, valuing Birkenstock at over $9 billion, The New York Times reported Wednesday (Oct....
The state of the aspirational shopper has remained the same since the last quarter, according to LVMH. As a refresher of the unchanged shopper, in the previous quarter, the luxury conglomerate said that last year middle-income shoppers with disposable income indulged in luxury handbags and...
There’s a personal finance trend on TikTok that is reshaping spending habits humorously, and it’s being referred to as “girl math.” So, what is girl math all about? To put it plainly, it’s the way females rationalize their spending. Female TikTokers are explaining that in...
