November 08, 2023
PayFacs Boost Revenue by Improving Customer Experience

Payment facilitators (PayFacs) are entities that enable their customers to accept electronic transactions using the payment facilitator’s platform, which has control of the end-to-end transactions. Examples of PayFacs include Square, Stripe and PayPal. A...

November 08, 2023
Nearly 40% of Consumers Want Payments and Credentials Vault

In today’s modern commerce landscape, convenience-driven shoppers increasingly desire a frictionless checkout experience and are embracing the ability to use stored credentials for seamless payments. In “Payments And Credentials Vaults:...

November 07, 2023
Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’

A leading financial regulator in the United States is issuing a warning about stablecoins. Michael Barr, vice chair for supervision at the Federal Reserve, told an audience at a Washington,...

November 07, 2023
Millennial Finance Teams Embrace Embedded Finance Trend

Experts are predicting a significant surge in the adoption of embedded finance solutions, with transactions projected to reach a staggering $7 trillion by 2026. The latest edition of the Accounts...

November 07, 2023
AI Helps Computers Behave Like Humans — Instead of the...

Artificial intelligence (AI) has been a buzzword in technology, and science fiction, for decades. Now, in the 21st century, it is finally beginning to have its star turn in the workforce. “Computers...

November 06, 2023
Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI

German startup Aleph Alpha has raised $500 million in a series B funding round, with support from major companies such as Bosch, SAP, and Hewlett Packard Enterprise, the company announced...

November 06, 2023
Electronics Giants Warn of Supply Chain Disruption Over EU Cybersecurity...

A coalition of prominent electronics manufacturers, including Siemens, Ericsson, and Schneider Electric, joined forces with the industry group DigitalEurope to raise alarm over the potential disruptions to supply chains caused...

November 06, 2023
PayPal Teams With eCommerce Platform commercetools to Improve Checkout

Composable commerce platform commercetools announced a collaboration with PayPal to offer a wider range of payment options for customers through the PayPal Braintree payment platform. This integration will allow commercetools’...

November 06, 2023
Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2

Chinese artificial intelligence (AI) startup 01.AI has reportedly reached unicorn status less than eight months after launching. The company, founded by computer scientist and Google/Microsoft veteran Kai-Fu Lee, was valued at more than...