PYMNTS News

OpenAI CEO Sam Altman Worries About AI ‘Under-Regulation’
OpenAI CEO Sam Altman Worries About AI ‘Under-Regulation’
September 25, 2023  |  Artificial Intelligence

Sam Altman, head of ChatGPT-maker OpenAI, said government artificial intelligence (AI) regulation is nothing to fear. Speaking during a trip to Taipei Monday (Sept. 25),...

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Will Rebag Get Consignment Right? 
Will Rebag Get Consignment Right? 
September 25, 2023  |  Retail

In March, The RealReal, revealed that it would be looking to consign its way to near-term profitability. Since its establishment in 2011, this platform dedicated...

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Costco Teams With Sesame to Offer Shoppers Health Visits
Costco Teams With Sesame to Offer Shoppers Health Visits
September 25, 2023  |  Partnerships

Costco is offering members medical care via a partnership with online health marketplace Sesame. The deal comes as several retailers expand their healthcare offerings. According...

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Mercedes and Mastercard Debut Fingerprint Payment Offering in Germany
Mercedes and Mastercard Debut Fingerprint Payment Offering in Germany
September 25, 2023  |  Payment Methods

Mastercard has launched an in-car payment partnership aimed at Mercedes drivers in Germany. The collaboration will let customers use a fingerprint sensor in their car to make digital...

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What Early Warning’s Paze Has in Common With Amazon’s Fire Phone
What Early Warning’s Paze Has in Common With Amazon’s Fire Phone
September 25, 2023  |  Mobile Wallets

In June of 2014, Amazon launched the Fire phone. Priced at $650 and offered exclusively by AT&T, the phone’s big selling point was its “Dynamic...

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Amazon Boosts AI Focus With $4 Billion Anthropic Investment
Amazon Boosts AI Focus With $4 Billion Anthropic Investment
September 25, 2023  |  Amazon Investments

Amazon plans to invest up to $4 billion in artificial intelligence (AI) firm Anthropic. The investment, announced Monday (Sept. 25), is part of a larger...

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Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
September 25, 2023  |  Real-Time Payments

The FedNow® Service is rounding the corner into its second month of operation. Justin Jackson, senior vice president and head of enterprise payments at Fiserv,...

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85% of Large Retailers Look to FinTechs for Real-Time Payments Partnerships
85% of Large Retailers Look to FinTechs for Real-Time Payments Partnerships
September 25, 2023  |  Real-Time Payments

The allure of real-time payments is not lost on retail giants. Nearly all retailers generating $100 million or more in annual revenues have embraced real-time...

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CE 100 Index Drops 4.3% as All Pillars Slide and WeWork Faces Lawsuit
CE 100 Index Drops 4.3% as All Pillars Slide and WeWork Faces Lawsuit
September 25, 2023  |  Connected Economy

The CE 100 fell by 4.3% last week, outpacing the broader indices’ decline. The Nasdaq, by way of example, slid 3.5%. All pillars lost ground,...

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