Digital Transformation news and trends

TikTok Allows Some Creators to Add Product Links to Posts
Social Commerce // November 19, 2024

TikTok is reportedly conducting a test that allows some creators to add product links from third-party affiliate networks to their posts. The affiliate networks include Amazon, Walmart, Target, Rakuten, Impact, CJ, Expedia, Clickbank, Temu and LTK, Modern Retail reported Tuesday (Nov. 19), citing social media...

Thredd’s McCarthy on Winning in the Changing World of Issuer Processing
Payments Innovation // November 19, 2024

Earlier this month, shares of Marqeta plunged more than 30% in the wake of weaker-than-expected guidance. The company pointed, in part, to delays in bank partners launching new programs. It said programs have been taking 40% longer to launch, and 15 projects were pushed out...

Perplexity Launches AI-Powered Shopping Assistant That Can Research and Purchase
artificial intelligence // November 18, 2024

Perplexity has launched an artificial intelligence (AI)-powered shopping assistant in the U.S. and said it will expand it to additional markets. With the company’s new Buy With Pro, shoppers can both research and purchase products, Perplexity said in a Monday (Nov. 18) blog post. “It...

Digital Wallets Help Drive Widespread Adoption of Network Tokens
Blockchain // November 18, 2024

No matter the application, the guiding principle behind tokenization remains the same: replacing sensitive data with a digital representation (token) that protects that data. Recent weeks and months have seen the rise of what we might term two “tracks” of tokenization. There’s payment tokenization, and...

Interviews & Exclusives
Apple’s AI-Powered Smart Home Hub May Be Able to Order Groceries

November 14, 2024
Apple’s reported upcoming artificial intelligence (AI)-powered display, launching as early as March, could shake up the connected device market by giving the tech giant its first central command center to drive eCommerce and smart home purchases through its ecosystem. The move may signal Apple’s broader ambition to capture a larger share of the smart home market, […]

MoneyLion CEO: Checkout Extends Our Evolution From Neobank to Financial Services Marketplace

November 14, 2024
Call it a financial services ecosystem or even a financial services marketplace. But don’t call MoneyLion a neobank. As CEO Dee Choubey told Karen Webster days after posting third-quarter earnings...

Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’

November 13, 2024
The average consumer has 5.3 bank accounts. Now that the Consumer Financial Protection Bureau has issued a final rule on data sharing, the age of open banking can get fully...

Panel: Small Businesses Want Control, Automation Gives It to Them

November 13, 2024
Small- to medium-sized businesses (SMBs) have historically faced outsized challenges relative to their own footprint. From managing ever-growing tech stacks to optimizing cash flow amidst economic volatility, SMBs already have...

Quick Reads
TikTok Allows Some Creators to Add Product Links to Posts

November 19, 2024
TikTok is reportedly conducting a test that allows some creators to add product links from third-party affiliate networks to their posts. The affiliate networks include Amazon, Walmart, Target, Rakuten, Impact, CJ, Expedia, Clickbank, Temu and LTK, Modern Retail reported Tuesday (Nov. 19), citing social media posts from creators and marketing consultants. With this integration, product […]

Perplexity Launches AI-Powered Shopping Assistant That Can Research and Purchase

November 18, 2024
Perplexity has launched an artificial intelligence (AI)-powered shopping assistant in the U.S. and said it will expand it to additional markets. With the company’s new Buy With Pro, shoppers can...

Goldman Sachs to Separate Blockchain-Based Platform From Digital Assets Business

November 18, 2024
Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business. The financial institution plans to explore strategic opportunities...

Meta Launches AI-Powered Ray-Bans for Users in Europe

November 18, 2024
Meta AI says its Ray-Ban smartglasses are now available in four European countries. Beginning Monday (Nov. 18), users in France, Spain, Ireland and Italy can use these artificial intelligence (AI)-powered...