A posted hourly wage can overstate what a shift is worth to the person being asked to work it. 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...
Digital wallets have made the phone a familiar place to pay. X Money is testing whether a social platform can claim a place in that payment routine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The top 1% of U.S. businesses spent a median of $7,400 per employee on artificial intelligence in July, while the top 10% spent roughly $650, according to the Ramp AI Index released Aug. 12. The median company spent just $11.95 per employee. That gap leaves...
Square’s refresh of its Square Credit Card, which was announced last week, is part of parent company Block’s broader strategy to more closely integrate payments, banking, credit and bill management within its platform, American Banker reported Monday (Aug. 17), citing its interview with Andrea Raj, head of product for Square...
The next corporate spender may not carry a company card, submit an expense report or even be a person. It may be software. Technology markets can create value at abstraction layers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A package crossing into the United States used to depend on a person to review it, classify and catch any errors, slowing the process with days-long delays at the border. Sorting more packages faster is a warehouse problem. Reviewing them accurately is a judgment problem,...
Blockchain-powered bank N3XT has secured approval from Wyoming regulators to let customers use its digital token to transact with foreign counterparties, Bloomberg reported Monday (Aug. 17), citing its interview with N3XT Founder Scott Shay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Agentic artificial intelligence (AI) wallets may be capable of moving money, negotiating terms and entering transactions without human intervention, but under existing U.S. law they cannot be held legally responsible when those actions go wrong. Get the Full Story Complete the form to unlock this...
Datavault AI plans to add artificial intelligence-driven, quantum-resistant cyber risk mitigation to its Data Vault Artificial Intelligence Platform (AIP) by acquiring cybersecurity company CyberCatch for $94.5 million, according to a Friday (Aug. 14) press release. Get the Full Story Complete the form to unlock this...
