Google CEO Sundar Pichai said the artificial intelligence (AI) race is a marathon, not a sprint. “We’ve been cautious,” Pichai said in an interview with Bloomberg Monday (June 12). “There are areas where we’ve chosen not to be the first to put a product out....
Despite the shopping feature’s popularity, merchants keep tightening requirements for returns. In today’s competitive in-store and digital marketplaces, where it seems like everyone is seeking out a deal, making a beloved feature less accessible to customers seems like a risky move. And consumers do love...
Insight Partners has reportedly lowered the $20 billion goal for its latest fund as tech valuations continue slumping. The venture capital fund has raised just $2 billion for its 13th fund, the Financial Times (FT) reported Monday (June 12), citing a letter from Insight to...
Although an increasing number of payment companies are transitioning their workloads to the cloud, the use of manual, on-premises payment hardware security modules (HSMs) — physical computing devices designed to strengthen authentication — to beef up data encryption continues to create challenges for businesses. These...
In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses. Lawmakers are moving to reform the Financial Crimes Enforcement Network (FinCEN) and protect small business data. The House Financial Services Committee Chairman Patrick McHenry (R-North Carolina) on...
Sector brands and merchants may need to refine their digital approach to gain customer share as consumers seeking to bring beauty to their doorstep. Moving away from traditional makeup counters and drugstore shelves, consumers are increasingly making their health and beauty product purchases online. This...
Where once consumers picked up their personal care products along with their food and beverages at the supermarket, they are increasingly shifting to digital channels to get their health and beauty needs met, leaving grocers in the lurch. By the Numbers Findings from PYMNTS’ study...
Grocers are investing heavily in stepping up their ability to personalize the digital experience with consumer data, and these efforts, PYMNTS research suggests, are paying off. Grocers, consumer-packaged goods (CPG) brands and solution providers alike will be gathering virtually on Monday (June 12) evening to...
PayPal Ventures has helped Latin America eCommerce platform Nocnoc raise $14 million. The Series A funding will let Nocnoc expand into new markets and enhance its fulfillment solution, according to a Friday (June 9) press release. Latin America has one of the world’s fastest-growing eCommerce...
