Verizon news and trends

Mastercard Takes AI-Driven Fraud Defense to Next Level
Mastercard // April 24, 2024

Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. The company announced on Wednesday (April 24) a new product suite and several cross-industry partners to combat the use of AI to...

Verizon Focuses on AI Priorities as Customer Losses Slow
Earnings // April 22, 2024

Verizon is crediting flexible price plans and streaming bundles for its slowing customer losses. The wireless provider on Monday (April 11) reported that it lost 68,000 monthly wireless phone subscribers during the first quarter of 2024.  According to a report by CNBC, that was compared to a loss of 127,000 in the first quarter...

Sports Franchises Tap Immersive Tech to Keep Fans Engaged and Subscription-Ready 
Mobile Applications // March 03, 2024

When it comes to professional sports, it’s not just about the plays and the scores. It’s also about how fans experience and interact with their favorite teams off the field.  Against this backdrop, sports franchises are harnessing digital tools and technologies, ranging from immersive virtual...

AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
Artificial Intelligence // February 12, 2024

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas City Chiefs and the San Francisco 49ers. It was also an opportunity for artificial intelligence system providers and developers to...

Interviews & Exclusives
Will 5G Make 2024 the Industrial Economy’s Most Connected Year Yet?

December 07, 2023
5G broadband networks are viewed by many as a business-first digital innovation and enterprise revolution. And that isn’t because, from a consumer standpoint, 5G networks are just around the corner from being just around the corner as we head into 2024. It’s because 5G broadband networks give a significant boost to data transfer speeds and allow for […]

CE100™ Index Soars More Than 11%; Outperforming Broader Markets

March 21, 2022
The Connected Economy 100 (CE100™) Index caught a break last week, soaring 11.7% and reversing a string of weekly losses that had mounted earlier into the year. The gain in...

BNY Mellon-Citi-Verizon Retail Real-Time Payments Pact is ‘Tip of the Iceberg’

September 16, 2021
For the first time, retail customers can access real-time bill pay following a partnership between BNY Mellon, Citi and Verizon announced Wednesday (Sept. 15). And according to Steve Ledford, senior...

Verizon, Mastercard Use 5G To Reimagine Point Of Sale

July 21, 2021
Standing in line, waiting for the point of sale to open up, getting ready to swipe the card … feels so yesterday. Pre-pandemic, in fact. Joel Henckel, senior vice president,...

Quick Reads
Verizon Expects to Double Network Thanks to AI Demand

May 14, 2024
Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI) as its next major growth driver. The company, which is the largest retail wireless carrier in the United States, believes in the potential of AI to double its network over the next five years, Verizon Consumer CEO Sowmyanarayan Sampath told Bloomberg in an interview posted Tuesday (May 14). […]

Verizon Focuses on AI Priorities as Customer Losses Slow

April 22, 2024
Verizon is crediting flexible price plans and streaming bundles for its slowing customer losses. The wireless provider on Monday (April 11) reported that it lost 68,000 monthly wireless phone subscribers during the first quarter of...

Verizon Marks Down Business Service Unit by $5.8 Billion

January 17, 2024
Verizon marked down the value of its business services unit by $5.8 billion as clients shun wired communications. The wireless carrier said in a regulatory filing with the Securities and...

Verizon Adds Former Peloton CMO Leslie Berland to Leadership Team 

December 06, 2023
Verizon Communications has appointed former Peloton Chief Marketing Officer Leslie Berland as executive vice president and chief marketing officer.  Effective Jan. 9, Berland will oversee Verizon’s global marketing strategy, join the company’s executive...