News

eCommerce
Best Buy Launches Platform for Prescription-Based Medical Devices
January 10, 2024

Best Buy has added a new platform to support its expansion into prescription health and wellness technology products.  The new online experience enables eligible customers to buy continuous glucose monitoring devices (CGMs), according to a Wednesday (Jan. 10) press release issued by Stripe, which is providing the payments infrastructure for Best...

Security & Fraud
Attack Vectors 2024: Misinformation Tops Global Risk List, WEF Says
January 10, 2024

A lie gets halfway around the world before the truth has a chance to get its pants on. That’s a quote from Winston Churchill, who never lived to see the internet, much less today’s connected digital transformation. But it remains truer than ever within today’s...

B2B Payments
Medius Supports AP Management Solution With Launchpad’s Integration-Platform-as-a-Service
January 10, 2024

Medius, a company specializing in accounts payable (AP) management, partnered with Launchpad Technologies to deliver an Integration-Platform-as-a-Service (iPaaS) solution. Launchpad Technologies is a provider of cloud-hosted iPaaS, offering businesses the ability to streamline software integration and workflow automation, the companies said in a Wednesday (Jan....

Artificial Intelligence
Firework Unveils AI-Powered Virtual Shopping Assistant
January 10, 2024

Firework, a video commerce and engagement platform, has unveiled an artificial intelligence (AI)-powered virtual shopping assistant for eCommerce merchants. Dubbed AVA (AI Virtual Assistant), the assistant takes the form of a digital human avatar that uses Firework’s proprietary large language model (LLM) to transform eCommerce...

Artificial Intelligence
Japan Tells Domestic Tech Sector to Prioritize ‘Human-Centric’ AI Growth
January 10, 2024

Nations around the world are asking questions about how to use artificial intelligence to solve existing problems while avoiding — or controlling for — the new problems AI might create. The Japanese government has called on its domestic tech companies to be human-centric when developing...

Banking
Report: Fed’s Emergency Lending Program Providing ‘Easy Money’ to Banks
January 10, 2024

The Federal Reserve’s emergency lending program, known as the Bank Term Funding Program (BTFP), has reportedly become a source of “easy money” for banks. Established in response to the 2023 banking crisis, the BTFP was initially aimed at restoring confidence among depositors and providing banks...

B2B Payments
Andaria Taps Mastercard to Enhance Embedded Finance Solutions
January 10, 2024

FinTech company Andaria has partnered with Mastercard to strengthen its embedded finance proposition. This strategic collaboration will enhance the quality of Andaria’s card and payment solutions as a principal member of Mastercard, Andaria said in a Tuesday (Jan. 9) press release. As a United Kingdom...

Banking
Consumers Look at Security First, Fees Second When Opening a Bank Account
January 10, 2024

After two years of persistent inflation and economic uncertainty, consumers have adopted a range of conservative attitudes across consumer products and services. This includes seeking bargains more proactively online, shopping in low-cost shops for clothing or grocery items, and leveraging buy now, pay later (BNPL)...

eCommerce
Amazon Integrates Buy With Prime With Salesforce Commerce Cloud
January 10, 2024

Amazon says it is integrating its Buy With Prime tool with the Salesforce Commerce Cloud. The solution, announced in a news release Wednesday (Jan. 10), lets Salesforce merchants add Buy With Prime to their shopping platforms. “Buy with Prime for Salesforce Commerce Cloud builds on our efforts to help...