Ashley Eisenberg, data privacy officer at Forter, told PYMNTS in a recent interview that as companies do business across borders, data access — and protection — are top of mind. “Organizations have started to realize that their data is a valuable asset,” she said. For...
Consumers are increasingly prioritizing convenience when making shopping decisions, leading to the rise of the “one-stop shop” concept. Retailers aspire to offer a comprehensive array of products and services, consolidating everything under a single roof. The real worth of a one-stop retailer, however, goes beyond...
Hans Tesselaar, executive director of BIAN, told PYMNTS that the digital transformation of banking hinges on innovation, on interoperability between financial institution and providers forged across an agile ecosystem. But “the industry today is still very siloed,” he said, adding that there are “silos between...
Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies remains a major hurdle that is hampering international transactions, curtailing investments, and limiting individuals’ abilities to tap into global opportunities. ...
Delta Air Lines has said that recent changes to its frequent-flier program have received mostly negative feedback from travelers. In response to this feedback, Delta CEO Ed Bastian has said the airline went “too far” with the changes and has announced that modifications will be made...
French startup Mistral AI has unveiled its first generative artificial intelligence (AI) model. The company’s Mistral 7B is a “small-sized” model with 7 billion parameters, Bloomberg reported Wednesday (Sept. 27). It will be available for free to developers. “Mistral 7B is only a first step...
Slope has secured $30 million in an equity round to scale its artificial intelligence (AI)-powered payments platform for B2B businesses. The round was led by Union Square Ventures, and there was participation from Sam Altman, CEO of OpenAI, Slope said in a Wednesday (Sept. 27)...
Thrasio, a prominent eCommerce startup specializing in acquiring consumer brands sold on Amazon, is reportedly grappling with financial difficulties following a decline in online spending in the wake of the COVID-19 pandemic. To tackle this issue, the company is actively exploring restructuring options and has...
The United States Justice Department has filed a complaint against eBay, accusing the online marketplace of unlawfully selling and distributing products that violate environmental regulations. The complaint, filed on behalf of the U.S. Environmental Protection Agency (EPA), alleges that eBay violated the Clean Air Act (CAA), the Federal Insecticide, Fungicide,...
