Generative artificial intelligence (AI), particularly OpenAI’s ChatGPT, has become a major trend in retail. Brands and retailers are integrating it due to consumer demand for interactive experiences. In recent forays, the use of plug-ins has emerged, necessitating a monthly subscription fee of $20. Brands and retailers are already...
Seemingly everywhere you looked this past week, earnings were the sole arbiter of how stocks performed. And no matter the earnings, almost across the board, the performance was decidedly to the downside. The FinTech IPO Index sank 6.6% through the past five sessions, led by...
X, the social media platform formerly known as Twitter, will continue rolling out brand-safety tools for advertisers. The platform is committed to free expression while also protecting brands, X CEO Linda Yaccarino said during a live audio event held Thursday (Aug. 10) on X, The Wall...
Title insurers and others may soon be required to report the identities of the beneficial owners of companies that pay cash for real estate. The U.S. Treasury Department will propose a rule this month that will require real estate professionals to report this information to its Financial Crimes...
On-demand delivery management platform Cartwheel has integrated with the Toast Partner Ecosystem. Through this integration, restaurants that use Cartwheel’s Hybrid Delivery technology and third-party fleet management capabilities will now be able to manage their delivery operations directly from the Toast point-of-sale (POS) system, the companies said in a Thursday (Aug. 10) press release. Toast’s...
Sila has introduced a product that offers customers real-time access to ACH debits made to its platform. The new Instant Settlement offering eliminates the need for companies to rely on their own capital or endure the delays of traditional ACH debits, the FinTech company said in a Thursday...
Online grocery marketplace Instacart now accepts Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) payments throughout the entire United States. With the recent addition of Alaska, the company now accepts SNAP online in all 50 states and Washington D.C., with more than 120 retail banners...
Generative artificial intelligence (AI) may be suffering from recency bias. The technology, which splashed down into the marketplace last November, represents one of the most significant developments in computing capability since the development of data packet switching and communication protocols in the 1960s, which gave...
Abu Dhabi-based LuLu Group International, which owns one of the largest hypermarket chains in the Middle East, is reportedly raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of a potential initial public offering (IPO). This is being done to realign its capital structure,...
