A new computer chip could accelerate artificial intelligence (AI) applications, enhancing speed and efficiency in business operations. On Wednesday (March 6), EnCharge AI announced a partnership with Princeton University, supported by the U.S. Defense Advanced Research Projects Agency (DARPA), to develop advanced processors capable of running AI models. DARPA’s Optimum Processing Technology...
Depending on where you looked Wednesday (March 6), Walmart is scaling back self-checkout, limiting it to subscribers — or it’s a store-by-store decision. As reported through the past several days, and across a variety of media sites and social media conduits, the commerce giant is...
When it comes to digital wallet adoption, the youngest consumers are outpacing older generations by a wide margin, PYMNTS Intelligence research reveals. By the Numbers The report “How Preferred Payment Availability Can Reduce Cart Abandonment,” a PYMNTS Intelligence and Adobe collaboration, draws from a survey...
In what is said to be a leap toward streamlining construction payments and credit solutions, Handle.com has secured investments from Amex Ventures and Suffolk Technologies, the venture capital entity of Suffolk Construction. This infusion of capital underscores Handle’s growth and its role in the digital overhaul of financial operations within...
Banks provide the foundational infrastructure for financial transactions, offering a network that connects various businesses. And, as expectations from their daily lives bleed over into their professional ones, business leaders are increasingly looking for their financial institutions to offer their organizations the same payments innovations...
Allianz Trade, a provider of trade credit insurance, has launched a comprehensive payment solution designed for B2B eCommerce. The new “Allianz Trade pay” aims to bring simplicity, security, flexibility and competitiveness to the B2B eCommerce sector, the company said in a Wednesday (March 6) press...
Embedded finance platform provider Alviere is letting its clients expand their co-branded debit card incentives. The expansion allows customers to offer merchant-funded rewards, the company said in a Wednesday (March 6) news release. “Co-branded cards play a critical role in the loyalty and rewards programs of airlines, hotels...
Foot Locker is accelerating its transformation into an omnichannel retailer in 2024 after making gains in 2023. The specialty athletic retailer aims to “make the customer journey more dynamic, personalized and seamless,” Foot Locker said in a presentation released Wednesday (March 6) in conjunction with its quarterly earnings...
As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving penetration in secondhand retail. Discussing the opportunity that the category presents, Depop owner Etsy shared on its most recent earnings call...
