Fundamental to the continued growth of the digital economy is the infrastructure to support it. Particularly as technologies like mixed reality (MR), virtual reality (VR), extended reality (XR) and artificial intelligence (AI) become a greater part of daily life, there will need to be equivalent...
Three members of Congress have asked the Federal Deposit Insurance Corp. (FDIC) for information about how it will provide regulatory guidance for FinTech firms and other financial innovators. This request was driven by the FDIC’s dismantling of the external facing portion of its FDITech Office, according to...
Payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces find themselves in an era where navigating a fiercely competitive eCommerce landscape, filled with interrelated opportunities and challenges, is imperative for success. Thriving in their distinctive domains requires these providers to adopt different innovative solutions as...
A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public to gauge and address the risks and rewards of financial innovation. And though the hearing before the Digital Assets, Financial...
A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. That same year, tech giant Google spent more on headcount and people costs than it did compute and data. Today, 10 years later, the fleet of robots powering Amazon’s warehouses...
When OpenAI’s ChatGPT was released a year ago, it seemed to come from nowhere. But the emergence of generative artificial intelligence (AI) as a viable, usable commercial product was, in reality, the end result of countless decades of research and untold billions of dollars of...
From its early days riffing in the post-punk scene to belting out anthemic rock hits and embarking on experimental musical odysseys, Irish rock band U2 has consistently orchestrated a symphony of diverse sounds. Classics like “With or Without You,” “Sunday Bloody Sunday” and “Beautiful Day”...
“Every single payment matters. That statement seems simple — it’s always been true, but it’s more critical today than it’s ever been.” Adit Gadgil, global co-head of eCommerce and Technology, Media and Telecommunications at J.P. Morgan Payments, made that observation in a recent panel discussion...
Digital business solutions aren’t a one-way street; they are an HOV lane. Digitizing network operations facilitates greater collaboration and data sharing between key stakeholders across ecosystems, helping to drive business growth forward. Increasingly, the biggest transformations within today’s payments landscape are often taking place in...
