Connected Economy/page/25 news and trends

Square Teams With US Foods as Restaurants Face Digital Opportunities
Partnerships // July 25, 2024

Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations,” the companies said in a news release Thursday (July 25). “As the foodservice industry evolves...

OpenAI Goes After Search With New GPT Features
artificial intelligence // July 25, 2024

OpenAI is testing a prototype of new artificial intelligence (AI) search features that may later be integrated into its chatbot, ChatGPT. Dubbed SearchGPT, the prototype is being launched to a small group of users and publishers. After receiving their feedback, OpenAI plans to integrate the best features...

3 Big Ideas From PYMNTS Intelligence’s Digital Wallets UK Report
Mobile Wallets // July 25, 2024

In the United Kingdom, digital wallets are not just tools for online payments; they are rapidly evolving into versatile companions for everyday tasks and transactions. A recent PYMNTS Intelligence Report, “Digital Wallets Beyond Financial Transactions: U.K. Edition,” in collaboration with Google Wallet, reveals that 44%...

From AI to Esports: Digital Evolution Goes for Gold at Paris Olympics
News // July 24, 2024

Artificial intelligence (AI) is set to transform the landscape of the 2024 Paris Olympic Games, ushering in a possible wave of technological advancement and operational efficiency. Guided by the International Olympic Committee (IOC) and its Olympic AI Agenda, AI initiatives will encompass protecting athletes from...

Interviews & Exclusives
CE 100 Index Gains 0.4% as Coursera Jumps on Earnings

July 29, 2024
Excitement over artificial intelligence (AI) helped drive Coursera shares (and results) significantly higher this past week, while earnings began to trickle in for the CE 100 Index — and the deluge of quarterly reports begins in earnest.     Coursera shares leaped 49%, leading the Work segment 2.7% higher. The earnings results showed the company […]

3 Big Ideas From PYMNTS Intelligence’s Digital Wallets UK Report

July 25, 2024
In the United Kingdom, digital wallets are not just tools for online payments; they are rapidly evolving into versatile companions for everyday tasks and transactions. A recent PYMNTS Intelligence Report,...

From AI to Esports: Digital Evolution Goes for Gold at Paris Olympics

July 24, 2024
Artificial intelligence (AI) is set to transform the landscape of the 2024 Paris Olympic Games, ushering in a possible wave of technological advancement and operational efficiency. Guided by the International...

FedNow’s First Year: Path to Critical Mass Requires Time and Education

July 24, 2024
A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign up and connect to the...

Quick Reads
Square Teams With US Foods as Restaurants Face Digital Opportunities

July 25, 2024
Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations,” the companies said in a news release Thursday (July 25). “As the foodservice industry evolves and competitive pressures increase, this collaboration with US Foods will […]

OpenAI Goes After Search With New GPT Features

July 25, 2024
OpenAI is testing a prototype of new artificial intelligence (AI) search features that may later be integrated into its chatbot, ChatGPT. Dubbed SearchGPT, the prototype is being launched to a small group...

DOT Probes Delta’s Handling of CrowdStrike Outage

July 23, 2024
Delta Air Lines’ handling of a recent mass IT outage is the target of a federal investigation. The investigation is to “ensure the airline is following the law and taking...

Microsoft Outage Could Produce ‘Insurance Catastrophe’

July 19, 2024
Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage that began late Thursday (July 18). Economic damages from the event, which crippled industries and...