Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process. This integration will enable 5,254 Iris customers to purchase supplies directly from Amazon Business through Iris Financials, Iris’ cloud-based school finance software, the...
This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information retrieval with natural language generation, and Walmart is updating its distribution centers by introducing autonomous electric forklifts, marking a significant...
Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024. This happened during a quarter in which the company’s total processed volume rose 46% year over year, Adyen said in a business update released...
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 in the sector. This inquiry could reshape the AI industry’s landscape. Some experts warned that...
April 05, 2024
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 shopping features. The report found that by strategically integrating digital tools to support both online and in-store shopping experiences, U.K. merchants stand to benefit, especially […]
March 13, 2024
The world’s cybercriminals all share one thing in common: they understand people can be exploited. After all, people make mistakes. They fall for scams, and frequently either ignore or fail...
March 12, 2024
The recent move by Norway to enact rules ensuring consumers’ ability to pay with cash reflects a growing concern over the potential exclusion of certain segments of the population who...
March 12, 2024
When it comes to innovation, the United Kingdom can find itself on a literal island. And the kingdom’s latest regulatory push, one that is targeting authorized push payment (APP) fraud,...
April 26, 2024
In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager, the EU’s antitrust chief, held discussions with representatives from the French artificial intelligence (AI) firm Mistral AI on Friday (April 26). The meeting took place against a backdrop of growing concerns regarding competition in the tech sector, with Vestager expressing concern about […]
April 26, 2024
Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process. This integration will enable 5,254 Iris customers to...
April 25, 2024
Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024. This happened during a quarter in which the company’s...
April 24, 2024
Brite Payments now enables instant account-to-account (A2A) payments and payouts in Germany. The Swedish FinTech already offers these Brite Instant Payments in the Nordics, Baltics and Benelux and plans to...