The pandemic threatened to make banking in the brick-and-mortar setting a bit of an anachronism. Lockdowns meant that getting things done at the counter with a teller, or sitting down with a financial representative, was either impossible or took longer than getting things done online....
Google renamed its artificial intelligence chatbot, launched a new version of it, introduced mobile experiences and added a new subscription plan. Formerly known as Bard, the AI model is now called Gemini, Google said in a Thursday (Feb. 8) blog post. Together with the rebranding,...
Adyen says the second half of 2022 was much stronger than the first. The Dutch payments firm on Thursday (Feb. 8) released half-year financial results showing a 29% jump in processing volume and a 23% increase in net revenues. The company’s stock plummeted last summer...
Cory Barnes, senior product manager at Form3, told PYMNTS that instant payments can reach their full potential only when far-flung systems are truly in sync and interoperable. “The expectation with instant payments is that they are frictionless,” he said. “It’s all about the end user.”...
Over a long enough time, change stands alone as the only constant. After all, it was over a century and a half ago that Charles Darwin first wrote that “the species most responsive to change” is the one that survives — and while he was...
Anticipation looms within the financial industry as the Consumer Financial Protection Bureau gears up to implement a rule governing consumer data sharing. The CFPB said the proposed rule will accelerate a shift to open banking and empower consumers to switch to new financial institutions that...
Vendidit, an artificial intelligence (AI)-powered software platform focused on the secondary market for retail returns, launched Wednesday (Feb. 7). The company’s proprietary AI can connect retail sellers with secondary market buyers and process secondary buyer bids in a fraction of the time it used to...
Social media app Bluesky has experienced a surge in popularity since its public launch, attracting nearly 800,000 new users in its first day open to the public. This rapid growth is expected to push the total number of users to over 4 million Wednesday (Feb. 7), TechCrunch...
When consumers shop on social media apps, PYMNTS Intelligence research has found, they are often making impulse purchases, buying items that strike their fancy in the moment. By the Numbers The PYMNTS Intelligence report “Tracking the Digital Payments Takeover: Monetizing Social Media,” created in collaboration...