April 08, 2024
CE 100 Index Loses 2.1% but ‘Have Fun’ Pillar Gains...
It was a week of widespread losses for the CE 100 Index. Only the “Have Fun” pillar gained ground, up 1.1%. Spotify shares gained 17.6%, leading that “fun” segment higher,...
April 05, 2024
Potential Shifts in AI Accountability: Legal Experts Weigh in on...
Amidst a growing dialogue among legal scholars, there’s an emerging sense that companies might soon face increased legal scrutiny for the actions and statements of their artificial intelligence systems. As lawsuits mount...
April 05, 2024
This Week in AI: Upskilling Workers, VC’s Secret Weapon and...
This week in artificial intelligence (AI) news, the U.S. and the U.K. are collaborating on safety tests for advanced AI technologies. Tech giants like Google and Microsoft have formed a task force to prepare...
April 05, 2024
Managed Services Give Banks End-to-End Look at Real-Time Payments
Laura Sullivan, senior product manager at Form3, told PYMNTS in an interview that as faster payments gain ground in the United States, fraudsters are lying in wait. “Everybody feels like the...
April 05, 2024
Nearly 41% of UK Consumers Are Considered ‘Digital Enthusiasts’
In compiling the “U.K. Edition of the 2024 Global Digital Shopping Index,” PYMNTS Intelligence found that when compared to consumers in other regions, U.K. consumers are highly receptive to digitally-enhanced...
April 04, 2024
Investment Apps Tap Open Banking to Help Consumers Cut Costs,...
Traditional wealth management services often involve face-to-face interactions with financial advisors, extensive paperwork and opaque fee structures, making the process daunting for many potential investors. However, the digital age has...
April 04, 2024
Spotify Names Christian Luiga as New CFO
Streaming audio platform Spotify named a new chief financial officer. Christian Luiga is joining Spotify from Saab AB, a European defense and security company, where he served as deputy CEO and finance chief, the Swedish...
April 04, 2024
Klarna Late Fees Spark Uptick in On-Time Payments
Klarna is reportedly sending fewer British customers to debt collectors after introducing late fees. The share of accounts in the United Kingdom using the Swedish company’s pay-in-3 buy now, pay later...
April 03, 2024
Instagram, WhatsApp and Meta Business Services Suffer Outages
Instagram and WhatsApp reportedly suffered some outages in the United States and some other countries Wednesday (April 3). For a period of time Wednesday afternoon, Eastern time, Downdetector displayed 3,100 users’ reports of outages for...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
The Global Digital Shopping Index: United Kingdom Edition examines how consumers’ shopping habits and preferences in the country are shifting amid historic social and economic change. It reveals how merchants can develop digital strategies to navigate the shifting retail landscape in the U.K. The report, a PYMNTS and Cybersource collaboration, is based on a survey of 2,044 consumers and 561 merchants in the U.K. and is part of a larger series examining four key markets around the world.