Intuit is using generative artificial intelligence (AI) to help small businesses make decisions. The company, owner of TurboTax, Credit Karma and Quickbooks, debuted Intuit Assist, an AI-powered tool for its small business customers, according to a Wednesday (Sept. 6) press release. “Embedded across Intuit’s platform and products with a common user...
While beauty brands have ventured into the realm of hospitality, looking to get a slice of the travel boom, hospitality brands are also seeking to establish a stronger presence with those who aren’t traveling by allowing consumers to recreate the experiences in the comfort of...
The JCPenney Co. has announced an investment exceeding $1 billion to enhance customer experience and operations. This signifies the latest step in the ongoing efforts to revive the department store chain. It also introduced a brand positioning and campaign named “Make It Count,” focusing on fashion accessibility,...
The European Commission has named six tech giants as “gatekeepers” under its Digital Markets Act. That distinction, announced Wednesday (Sept. 6), applies to Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft, and gives the companies six months to comply with the Digital Markets Act (DMA), designed to curb anti-competitive behavior. “Under the DMA, the European Commission can designate...
Digital banking has become the primary way many members engage with their credit unions. These interactions are typically quicker and more convenient than traveling to a physical branch or an ATM. However, these transactions are also more susceptible to fraud. Criminals can more easily impersonate...
Matera has launched cloud-native software designed to sit on top of a financial institution’s core banking platform, enabling real-time transaction authorizations and balance updates 24/7 for various financial accounts. The new Digital Twin solution aims to allow banks and credit unions to accelerate their digital transformation while keeping...
Global software provider IRIS Software Group has introduced its IRIS Outsourcing service for accounting firms in the Americas market. This service aims to tackle the talent gap in the industry by offering a range of solutions, including bookkeeping, management accounting, payroll processing, financial statements and taxation services, the company...
Bluevine, a digital banking platform catering to small businesses, has expanded its Federal Deposit Insurance Corporation (FDIC) insurance coverage. Account holders with Bluevine will now have coverage of up to $3 million, an increase from the industry standard of $250,000, the company said in a Tuesday (Sept....
As restaurants and aggregators jockey over delivery revenue, consumers are increasingly finding that the fees and upcharges on these platforms are not worth the price. Aggregators have been looking to disincentivize restaurants from inflating menu prices on third-party platforms to compensate for the commission these...
