News

Payment Methods
J.P. Morgan: Embedded Finance Visions Should Start With the ‘Why’
November 01, 2023

“If you’re looking toward an embedded finance solution,” Brady Warner, head of embedded finance solutions at J.P. Morgan Commercial Banking, told Karen Webster, “you need to really ground your strategy, and make sure you’ve got a good sense of what you want to achieve and...

eCommerce
AutoNation Launches eCommerce Platform for Auto Parts and Accessories
October 31, 2023

Automotive retailer AutoNation has launched a new eCommerce website that allows customers to purchase auto parts and accessories. The new AutoNationParts.com allows customers to purchase these products conveniently and at competitive prices, and have them delivered to their doorstep, AutoNation said in a Tuesday (Oct. 31) press release. The launch...

Retail
Sur La Table to Offer Same-Day Delivery With Walmart GoLocal
October 31, 2023

Sur La Table, a specialty retailer of cookware, kitchen electrics and bakeware, will roll out same-day delivery for online orders nationwide by mid-November. This service will be enabled by a collaboration with Walmart GoLocal, Walmart’s white-label delivery service platform, Sur La Table said in a...

Loyalty & Rewards
Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA Battle to the Skies
October 31, 2023

The fight over the Credit Card Competition Act (CCCA) has taken to the skies. This week, Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., who sponsored the re-introduction of the CCCA in June of this year, penned a missive to regulators on Capitol Hill to...

Artificial Intelligence
Quora Launches Monetization for Creators of AI-Powered Bots
October 31, 2023

Quora launched a monetization program for bot creators who use its artificial intelligence (AI) product called Poe. The program will support both prompt bots created directly on Poe and server bots created by developers who integrate with the Poe application programming interface (API), Quora CEO...

Artificial Intelligence
Voice-Based AI Interactions Bring Sci-Fi Fantasies to Everyday Reality
October 31, 2023

The science fiction genre is going to need a new name, or some new tropes, as many of its greatest hits are becoming a right-now reality. The combination of Bluetooth headsets and voice-based generative artificial intelligence (AI) capabilities is changing the way users engage with...

Security & Fraud
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
October 31, 2023

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing number of ransomware attacks, Reuters reported Tuesday (Oct. 31), following a White House press briefing. Anne Neuberger, deputy national security adviser in...

Security & Fraud
Bank Push Payment Scams Now 40% of UK Fraud
October 31, 2023

Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s Payment Systems Regulator (PSR) examining the extent of authorized push payments fraud (APP).  “This is the first time we can...

Artificial Intelligence
84% of Business Leaders Believe Generative AI Will Positively Impact the Workforce
October 31, 2023

Businesses face uncertain times, with high borrowing costs and late payments igniting an urgent need to reduce operating expenses and improve cash flow. One key solution is upgrading and streamlining costly legacy and manual methods that still comprise the bulk of business-to-business (B2B) payment processes....