Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. The innovations have officially arrived, and they are already having an impact around the globe – particularly within payments and finance. “There’s a lot of data science magic that goes behind the simple...
The surge in food allergies is molding the culinary scenery, reshaping a once-ignored issue into a major focus within the food industry. Cookie brand Partake is stepping up to address this challenge, providing consumers with a solution that enables them to savor and indulge in...
During this quarter, JOANN opted to refine its retail approach to align better with customer demand. During the craft retailers’ latest earnings call on Monday (Dec. 4), Chris DiTullio, JOANN’s chief customer officer and co-lead of the interim office of the CEO said: “We remain...
French artificial intelligence startup Mistral AI is set to raise about €450 million ($487 million) in its latest funding round. The round includes investments from prominent companies such as Nvidia and Salesforce, and is expected to value Mistral AI at around $2 billion, making it a...
As biometric authentication, and notably facial recognition technology, continues its rapid advancement, heightened concerns about privacy and ethical implications have reignited global discourse. This conversation gained momentum when China introduced draft regulations this summer, aimed at imposing limitations on facial recognition. Following suit, the United States has...
Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises and banks, the companies announced Monday (Dec. 4). This collaboration aims to address the increasing incidents of fraud in the...
For forward-thinking merchants eyeing new ways to keep the transactions flowing, to keep consumers opening their wallets and wielding cards, new approaches to rewards may prove most rewarding. Consumer spending these past few months has been uneven at best, and we’re nearing the sprint (or...
Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the FPS x PromptPay Link, according to a Monday (Dec. 4) press release. The collaboration between the Hong Kong Monetary Authority...
Money movement makes the world go ‘round. But moving money around the world has historically challenged organizations looking to expand internationally and do more business in overseas markets. As companies navigate different regulatory regimes, compliance and fraud are ever-present issues, and fragmented payment structures increasingly...
