Online marketplaces like Amazon, eBay and Rakuten are increasingly embracing embedded payments options for consumers, such as digital wallets and buy now, pay later (BNPL). According to “Embedded Payments and the Retail Innovation Agenda,” a PYMNTS Intelligence and Carat by Fiserv collaboration, 58% of eCommerce platforms...
Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million). This move comes after the company’s previous attempt in 2021 was postponed due to the lackluster market debut of its larger rival, Paytm, Reuters reported Friday (Jan. 5). MobiKwik had initially filed for...
One innovation above all others dominated the headlines in 2023: artificial intelligence (AI). But while AI, particularly its impact on the payments landscape, captured public eyeballs and enterprise attention, other technical innovations like network tokenization and digital identities are reshaping the way transactions occur and...
Companies are reportedly diversifying their artificial intelligence sources after OpenAI’s period of management upheaval in November. For some customers, the events highlighted the risks of being too dependent on one company’s technology and prompted them to protect themselves from potential disruptions, The Wall Street Journal...
In its quest for increased consumer relevance, exercise equipment and media firm Peloton is turning its attention to TikTok. Can this strategic shift propel the company back into the spotlight, akin to its prominence during the COVID-19 era? The question arises given TikTok’s exponential growth and its ongoing...
In anticipation of incorporating advertisements on Prime Video, Amazon is also delving into the development of movies and TV series inspired by the Warhammer 40,000 games. On the flip side, Walmart, not aiming to take over the movie world, recently shared news about teaming up...
By any stretch of the imagination, the 55.7% rally in the FinTech IPO Index last year was nothing to sneeze at. And the December surge, at 16.7% … well, that was impressive too. Yet: A deeper dive shows that of the names we track, the...
The financial services sector has long been a proving ground for emerging technologies. The current era of disruption is no exception to this history. GenAI represents the latest transformative technology reshaping finance and banking. It has applications for everything from enhancing consumer interactions to refining...
Business innovation typically follows customer expectations, and today’s customers have more expectations than ever. Even commercial business-to-business (B2B) players, who are starting to expect the same technology-driven experience in B2B transactions as they receive in their day-to-day lives as consumers. Embedded finance, generative artificial intelligence (AI),...
