How a company spends money — well, that tends to define its strategy. As for how a firm makes money, that all boils down to and supports its business model. And with Google reportedly considering charging people to use its premium generative artificial intelligence (AI)...
Forage now provides retailers with an omnichannel Electronic Benefits Transfer (EBT) processing solution. The payment processor has expanded into in-store EBT processing, a service that joins the online EBT processing it has offered since 2022, Forage said in a Friday (April 5) press release emailed to...
As retailers look to find the right combination of technology and human labor to boost their profit margins, Amazon and Walmart have both made changes to how they approach self-checkout in stores. Amazon is replacing its Just Walk Out technology at Amazon Fresh stores with its smart shopping cart, the Amazon Dash Cart. “We’ve …...
Real-time payments continue to gain global momentum in 2024. Two new national players joined the scene in March, and others are introducing significant advancements to their services. Real-Time Payments in Qatar Leading digital financial institution (FI) Qatar Islamic Bank (QIB) recently introduced the Fawran instant...
Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%. Nuvei’s stock gained 2.4%. As reported by PYMNTS, Nuvei is being taken private in a $6.3 billion deal with private equity firm Advent International. Nuvei CEO Philip Fayer will reportedly control...
Finzly has launched a new solution designed to help banks of all sizes participate in the embedded banking market. The new Account Galaxy includes virtual account and virtual ledger capabilities, the provider of modern money movement systems to financial institutions said in a Thursday (April 4) press release. “With...
While biometrics offer potential benefits such as enhanced security and streamlined processes, their implementation often comes with complexities and concerns, including privacy, data protection and implementation hurdles. The recent reinstatement of Quebec’s provincial automobile insurance registry’s facial recognition program, following its suspension last April, reflects...
It is a testament to the business-to-business (B2B) landscape that firms tend to pivot toward, and not away, from it. After all, you hear a lot more about one-time business-to-consumer (B2C) firms embracing B2B channels than vice-versa. But that doesn’t mean that the B2B landscape, for...
YouTube CEO Neal Mohan is addressing concerns regarding using YouTube content to train artificial intelligence models. Mohan highlighted during an interview with Bloomberg the lack of concrete evidence on whether OpenAI has used YouTube videos to enhance its video generation AI software, Sora. However, he stressed that any such use without permission would...
