May 02, 2024
Enterprise AI May Have an Energy Crisis
While artificial intelligence has taken the world by storm, its rise hasn’t come cheap. “The consequence of multimodal AI is that the amount of data and compute power being used...
May 01, 2024
Upwork Believes AI is the Future of Work
Against a challenging macro backdrop, freelance work matters more than ever. And the innovations that support those freelancers have taken on a new prominence. That’s the tack that Upwork executives...
May 01, 2024
Anthropic Expands Enterprise Offering With Claude Chatbot on iPhone
Artificial intelligence (AI) company Anthropic is launching its first smartphone app and a new enterprise subscription plan to expand the reach of its Claude chatbot. The San Francisco-based company, which...
April 30, 2024
Starbucks Renews Focus on Occasional Customers as Q2 Results Disappoint
Starbucks’s artificial intelligence (AI)-powered personalized rewards efforts, aimed at increasing customer frequency and spending, appear to be facing challenges. Following the announcement of “disappointing” second-quarter 2024 results on Tuesday (April. 30), Starbucks shares plummeted...
April 30, 2024
Pinterest: Consumers Will Adopt Social Commerce If It’s Easy
As consumers seek more frictionless eCommerce experiences, Pinterest is seeing user demand for shoppable features, as long as the purchasing journey is simple and intuitive. The social media company shared...
April 30, 2024
Apple Beefs up AI Talent Pool by Recruiting From Google
Apple has reportedly hired away dozens of artificial intelligence experts from Google. That’s according to a Tuesday (April 30) report by the Financial Times (FT), which analyzed hundreds of LinkedIn profiles, along with job...
April 29, 2024
Mercedes-Benz Invests in AI-Connected Tech Startup Blaize
Blaize, an artificial intelligence (AI) computing company, has secured $106 million in funding. The financial infusion is set to propel the company’s efforts in advancing AI and machine learning (ML)...
April 26, 2024
FTC and State Attorneys General Poised for Strengthened Action on...
While the U.S. historically has had certain protections for biometric data through privacy laws, most notably the Illinois Biometric Information Privacy Act, swift developments in the U.S. privacy framework have...
April 26, 2024
Biometrics Risks in the Lone Star State: What In-House Counsel...
While the Illinois Biometric Information Privacy Act (“BIPA”) has garnered the vast majority of media coverage and attention of in-house counsel and c-suite executives in recent years, there have been...
With more than two-thirds of CFOs citing payment delays as a problem for their firms in the last six months, nine in 10 companies wish to expand their investment in AR automation to accelerate order processing, reduce invoicing errors and expedite payments. In the “Working Capital Tracker®,” a collaboration with Billtrust, PYMNTS Intelligence explains why the demand for AR automation is growing and what’s at stake for companies that opt out of this trend.
Although authorized party fraud accounts for only 37% of FIs’ fraud losses in dollars, these types of attacks are the most likely to impact customer satisfaction and retention — something FIs cannot overlook. PYMNTS Intelligence’s latest 29-page report, “Leveraging AI and ML to Thwart Scammers,” a collaboration with Hawk, contains 8 charts of proprietary data examining the role of ML and AI to help keep fraudsters from getting the upper hand