Western Union Digital Bank is being discontinued, is ending its services and will close all accounts two months after users have received their closure notice, the service’s operator, Western Union International Bank, said in a legal notice on its German website. Get the Full Story...
Apple is reportedly preparing a major push into the smart home product/software market. 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...
Corporate card/spend management platform PEX has raised $160 million in new funding. 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...
Artificial intelligence (AI) developers could face mounting legal risks if they modify their models’ outputs to comply with state AI laws without clearly informing users. According to a proposed Federal Trade Commission (FTC) policy statement, such undisclosed modifications could violate longstanding federal consumer protection principles....
PayPal’s turnaround hinges on a digital rebuild that includes stabilizing the checkout button consumers know today while preparing for a commerce environment in which artificial intelligence agents, digital identity and financial services could change what that button needs to do. Get the Full Story Complete...
Amazon is reportedly phasing out several in-house artificial intelligence (AI) models in a larger AI overhaul. 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...
UPS’s second-quarter earnings results offered a counterintuitive picture of growth. 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...
Visa is cutting about 2,600 jobs, or 7% of its workforce, primarily from its technology and product teams, Bloomberg reported Tuesday (July 28), citing a staff memo from Visa CEO Ryan McInerney. Get the Full Story Complete the form to unlock this article and enjoy...
Velera has launched a fully integrated risk mitigation solution designed to enable credit unions to detect and respond to potential fraud events in near-real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
