Six Flags has reportedly become the first theme park offering Amazon’s “Just Walk Out” technology. The pilot program, set to launch next month at the amusement park operator’s New Jersey location, comes as consumers are increasingly seeking frictionless checkout experiences. In this case, that will...
The value of U.K. cryptocurrency fraud hit a record high following the collapse of FTX. That’s according to a recent report by law firm RPC, which found that the value of fraud during the 12 months ending March 31 of this year was at £306...
The death of FinTechs — and of FinTech funding — has been greatly exaggerated. Yes, venture capital funding in the space is slowing. And depending on where you look, it’s waning in general. By way of example: CB Insights has estimated that global FinTech funding...
The opportunities and pitfalls of generative artificial intelligence (AI) have yet to be fully felt by businesses, no matter the vertical. But as Shaunt Sarkissian, founder and CEO of AI-ID, told PYMNTS’ Karen Webster, the past several months have given businesses a chance to take stock of...
A growing share of European taxi drivers’ business is coming from Uber. The share of these taxi drivers’ rides that are booked on the platform has risen from 5% a year ago to 10% today, Reuters reported Monday (May 29). Uber and European taxi drivers...
British eCommerce shoppers still show a much stronger preference for at-home delivery, as local demand for curbside and in-store pickup options — or “click and collect” — in the U.K. remains stagnant year over year. In fact, according to data from the U.K. edition of the “Global Digital Shopping...
The storied teenage tradition of the mall hangout could be coming to an end. Malls, movie theaters and other businesses around the country are increasingly imposing rules requiring teenagers to be accompanied by adult chaperones, The Associated Press reported Sunday (May 28). The reason? Bad behavior...
America’s consumer watchdog is among the many organizations beefing up its artificial intelligence (AI) safeguards. In an interview with The Associated Press on Friday (May 26), Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra said his agency has “already started some work to continue to muscle up...
When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade security. This topic is analyzed in Consumer Authentication Preferences for Online Banking and Transactions, a PYMNTS and Entersekt collaboration, based on a survey...
