April 25, 2024
Connected Consumer Data Provides Solid Growth Strategy for Merchants
Businesses that use data strategically can unlock opportunities, fuel growth and reduce risk, Jeff Pomeroy, SVP and head of Omnicommerce at Carat from Fiserv, writes in the new PYMNTS eBook,...
April 25, 2024
Corporates Shift Mindset Back to Growth
Inflation, inflation and inflation. The drum beat has defined the past year in the financial services business and reached a crescendo in the first quarter. But, according to payments orchestration solution provider Spreedly, which sees $50 billion...
April 24, 2024
Western Union’s Digital Transactions Surge 13%
Western Union’s first quarter results took note of continued shifts to digital channels to send money across borders. Branded digital transactions grew by 13% year over year (YoY), the company...
April 24, 2024
As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry...
British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation...
April 24, 2024
Nvidia to Acquire Run:ai to Help Customers Manage AI Computing Resources
Nvidia plans to acquire Israeli startup Run:ai, a Kubernetes-based workload management and orchestration software provider. The chipmaker said in a Wednesday (April 24) blog post that it has entered into a definitive agreement...
April 24, 2024
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some concern over a decrease in...
April 24, 2024
Amazon’s Investment in Anthropic Faces Antitrust Scrutiny
Amazon’s significant investment in Anthropic, a U.S.-based AI startup, has come under the antitrust regulatory microscope. The U.K.’s Competition Market Authority (CMA) has announced an inquiry into the partnership, raising...
April 23, 2024
Temenos Appoints VMWare Veteran Jean-Pierre Brulard as CEO
Banking software company Temenos has appointed Jean-Pierre Brulard as CEO, effective May 1. Brulard will succeed Andreas Andreades, who will retire from the company, Temenos said in a Tuesday (April...
April 23, 2024
ADM CFO Resigns Amidst DOJ Investigation Into Accounting Issues
Archer-Daniels-Midland (ADM.N) revealed the resignation of Chief Financial Officer (CFO) Vikram Luthar, effective September 30th. The departure comes amidst a cloud of scrutiny as the Department of Justice (DOJ) conducts...
