Innovations news and trends

Amazon Beta Launches Generative AI Shopping Assistant Rufus
Amazon Innovations // February 01, 2024

Amazon has beta launched a new generative artificial intelligence (AI)-powered shopping assistant.  Dubbed “Rufus,” the assistant is now available to a small subset of customers using the Amazon mobile app and will be rolled out to more customers in the U.S. in the coming weeks, the...

What Electric Vehicles, Impossible Foods and Buy Now, Pay Later Teach Us About Early Adopters
Consumer Insights // December 04, 2023

It seemed impossible. A product that looked like beef, bled like beef, and cooked like beef made entirely out of plants. But Impossible Foods and its founder, Patrick Brown, had a vision to disrupt the $270 billion U.S. meat industry, giving meat eaters a healthier...

Confluent Adds Partnerships to Facilitate Real-Time Data Streams for AI
artificial intelligence // September 26, 2023

Data streaming platform Confluent has announced its new initiative called Data Streaming for AI, aiming to simplify and accelerate organizations’ development of real-time AI applications. Recognizing that real-time AI requires accurate and up-to-date data, Confluent is expanding partnerships with leading companies in the AI and vector database space,...

How Consumers Want to Live in a Conversational Voice Economy
Voice Activation // April 24, 2023

Consumers live their lives in a digital-first, connected world — habits formed after three years of a forced shift to digital. And they like it that way. But that’s today. In a March 2023 landmark study, PYMNTS asked 2,939 U.S. consumers about their use of...

Interviews & Exclusives
Preventing Identity Fraud Comes Down to Effective Use of Data

November 02, 2022
Identity fraud has been growing in recent years and had a notable increase in 2021. Identity theft alone accounted for $56 billion in losses that year, up 79% from 2020, and the number of these thefts reported to the Federal Trade Commission (FTC) grew 22% since 2020. Consumers logged nearly 1.7 million reports of identity […]

Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card

January 19, 2021
For B2B payments, the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. To that end, in an interview...

Google’s Plan To Make Its Assistant Ubiquitous And Invisible

October 16, 2019
The cool weather was slow to show up in some parts of the U.S. this year (although the pumpkin spice-flavored goods showed up right on time). The biggest names in...

Top News In Payments: Mastercard Added To Marco Polo Network; Apple Gains Watch Patents

September 04, 2019
Today in the payments news roundup, Mastercard announced it has joined the Marco Polo Network. Also, Apple has gained three separate patents related to the Apple Watch. And Amazon is testing out a new...

Quick Reads
Amazon Beta Launches Generative AI Shopping Assistant Rufus

February 01, 2024
Amazon has beta launched a new generative artificial intelligence (AI)-powered shopping assistant.  Dubbed “Rufus,” the assistant is now available to a small subset of customers using the Amazon mobile app and will be rolled out to more customers in the U.S. in the coming weeks, the company said in a Thursday (Feb. 1) blog post.  Rufus is […]

Credit Unions Advance Loyalty Through Innovation

July 13, 2022
Credit union members are more loyal than customers at most financial institutions (FIs), but cementing that allegiance means offering innovative products and services based on new technology.  While credit union...

Robinhood Eyes IRAs For US Investors; Made Its IPO Event Public

July 25, 2021
Robinhood, the popular brokerage among retail traders, has opened its IPO ambitions with a roadshow where it pitched itself to all investors, Bloomberg writes. Usually, these kinds of events are...

i2c Joins Visa’s FinTech Fast Track Program

October 19, 2020
i2c, which works in digital payments and bank technology, has joined with Visa‘s FinTech Fast Track Program in the US, Canada and CEMEA region as a new enablement partner, allowing...