Amazon’s all-important cloud computing division has a new leader. Adam Selpiski, who has headed Amazon Web Services (AWS) since 2021, is setting down from that position in June, Amazon CEO Andy Jassy said in a message to staff Tuesday (May 14). Taking his place will be Matt Garman, head of the...
Podcaster and venture capitalist David Sacks launched a business-oriented artificial intelligence firm dubbed Glue. “Glue takes the best of both worlds from AI chat platforms like ChatGPT and human chat platforms like Slack,” Sacks and Co-founder Evan Owen wrote in a company blog post Tuesday (May 14), the same day the platform debuted. “The result...
Worldline has partnered with Visa to launch a virtual card issuing solution focused on the online travel agency (OTA) market. With access to this dedicated B2B virtual card program, OTAs will be able to pay suppliers more quickly and securely, the companies said in a...
BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday (May 14) at a shareholder meeting, Bonnafé highlighted the economic challenges of cross-border and domestic deals in the industry, dampening...
November 22, 2022
The customer experience encompasses all of the touch points that customers take advantage of when interacting with a company’s employees, assets or operations — including and especially the payment experience. By streamlining and modernizing their payment experience through digital tools and future-fit investments, companies can provide a better, more repeatable experience for their customers, for […]
October 26, 2022
The digital front door is opening. Lia Cao, managing director and global co-head of corporate and eCommerce sales and solutions at J.P. Morgan Payments, told PYMNTS’ Karen Webster that the...
June 16, 2022
(Update: adds Target Deal Days announcement) With Amazon announcing the latest iteration of its annual Prime Day event, it didn’t take long before rival retailers began to unveil their own...
March 10, 2022
If you support creating a digital dollar, there’s a lot to be happy about in President Joe Biden’s Wednesday (March 9) executive order on the regulation of cryptocurrency. For one...
May 14, 2024
Fiserv and Zum Rails are reportedly working to provide embedded finance capabilities to businesses in the United States. In this collaboration, Fiserv is serving as the primary transaction processor for Zum Rails’ payments gateway, Financial IT reported Tuesday (May 14). Neither Fiserv nor Zum Rails immediately replied to PYMNTS’ request for comment. With Fiserv and Zum Rails embedding payments and banking capabilities, […]
May 14, 2024
Amazon’s all-important cloud computing division has a new leader. Adam Selpiski, who has headed Amazon Web Services (AWS) since 2021, is setting down from that position in June, Amazon CEO Andy Jassy said...
May 14, 2024
Podcaster and venture capitalist David Sacks launched a business-oriented artificial intelligence firm dubbed Glue. “Glue takes the best of both worlds from AI chat platforms like ChatGPT and human chat platforms like Slack,” Sacks and Co-founder Evan Owen wrote in...
May 14, 2024
Worldline has partnered with Visa to launch a virtual card issuing solution focused on the online travel agency (OTA) market. With access to this dedicated B2B virtual card program, OTAs...