Consumers have not bought robots the way they buy phones or appliances. The price is too high, the use cases too narrow and the technology too early to justify a household capital expenditure that could run tens of thousands of dollars. Retail prices start around...
Consumers expect inflation to rise more than they expected a month ago, even as they expect gas prices to drop, according to the Federal Reserve Bank of New York’s latest Survey of Consumer Expectations. Get the Full Story Complete the form to unlock this article...
Float, which has offered credit card-linked installment payment options in South Africa since 2021, expanded to the United Kingdom, Motor Trade News reported Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Federal financial regulators are looking to add some know your customer (KYC) flesh to the bones of the GENIUS Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Efforts to enact comprehensive federal artificial intelligence (AI) regulations keep getting preempted. In the most recent example, a bipartisan discussion draft of the Great American Artificial Intelligence Act is encountering opposition from both Democrats and Republicans, underscoring how disagreement over federal preemption of state AI...
Payments friction has acquired a price tag. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
Israel-based software company Wix has launched a partnership with U.S. Bank-owned payment processor Elavon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Nscale, a full-stack artificial intelligence cloud platform, has closed a $900 million revolving credit facility to accelerate its AI data center build-out and capital deployment across the United States, Europe and the Asia-Pacific region. Get the Full Story Complete the form to unlock this article...
Cryptocurrency exchange Coinbase said it has won authorization to provide investment services in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...