China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial recognition and proposing instead the use of non-biometric means to identify people. “The use of face recognition technology to process...
When it comes to digital technology, business-to-business (B2B) payments are well-known latecomers to the party, with advances in consumer payments far outpacing those of their business counterparts. The lack of modern B2B payments technology is perhaps nowhere more obvious or at odds than in the...
Domestic payments schemes have taken on a broad range of different shapes and forms through the past several decades. Some of them — such as FedNow, the faster payments initiative that just launched here in the states — are government or central bank owned. In...
Just a few weeks after launch, FedNow is live. Miriam Sheril, Head of Product, U.S. at Form3, said that the initial interest and embrace by banks just a few weeks since the Federal Reserve’s instant payments service launch has been encouraging. Having debuted late last month, and as...
In today’s fast-evolving and increasingly crowded business ecosystem, choosing the right partner is all-important. But as with all of life’s biggest questions, the answer is not always obvious and tends to vary based on the operating environment. That’s because one thing tends to lead to...
It’s been a tough year for the competitive ultrafast grocery delivery market, with more and more high-profile exits, mass layoffs and consolidation moves emerging as industry players try to combat ongoing inflationary pressures. Just last month, Turkish instant delivery giant Getir announced it was exiting three European...
Online ticket marketplace Vivid Seats has extended its reach into Japan with its acquisition of Wavedash. Wavedash, also known as WD Holdings, is an online ticket marketplace headquartered in Tokyo, according to the press release. Vivid Seats has entered into a definitive agreement to acquire the firm for...
Money movement is meant to be fast, safe, and, for FinTech customers, done any way they want. But in one recent iteration of the 2023 “Money Mobility Index,” done in collaboration between PYMNTS and Ingo Money, we found gaps between what customers want and the...
Unbound Commerce has launched a mobile B2B scanning app for The Chef’s Warehouse, a distributor of specialty food products. The new app gives grocery store employees a faster, better way to check store shelves and reorder items carried by The Chef’s Warehouse, Unbound Commerce said in...
