Transforming raw data into meaningful insights has always empowered organizations to make informed decisions. And now, with artificial intelligence thrown into the mix, there have never been more opportunities — or capabilities — at hand to bridge the gap between available data and actionable insights....
Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two domestic instant payment rails in the U.S., the FedNow® Service and The Clearing House RTP® real-time payments platform, observers argue that...
Led by names like Google, Apple and Samsung, the wearables category of the connected economy has become a study in contradictions. New, high-profile introductions have accelerated due to recent events like the Consumer Electronics Show and Mobile World Congress (MWC). On the other hand, niche...
New York Community Bancorp (NYCB) announced a $1 billion equity investment and several leadership changes. The new investment comes from several sources, the lender said in a Wednesday (March 6) press release. Liberty Strategic Capital is expected to invest $450 million, Hudson Bay Capital will invest $250 million and Reverence Capital...
Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm. The firm told Reuters this after being asked about a Wednesday report by French newspaper Les Echos that the French banking regulator ACPR had found...
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...
