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Feed Items

Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition purposes. The company added language to its code of conduct Thursday (May 2) saying that this artificial intelligence (AI) service may not “be used for facial recognition purposes by or for police departments in the United States,” a Microsoft spokesperson told PYMNTS Thursday in an email. An...
Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition purposes. The company added language to its code of conduct Thursday (May 2) saying that this artificial intelligence (AI) service may not “be used for facial recognition purposes by or for police departments in the United States,” a Microsoft spokesperson told PYMNTS Thursday in an email. An...
It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation.  That’s why PYMNTS spent Monday (April 29) unpacking how small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth; Tuesday (April 30) discussing the need for Main Street businesses to secure payments without creating checkout frictions that end up...
It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation.  That’s why PYMNTS spent Monday (April 29) unpacking how small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth; Tuesday (April 30) discussing the need for Main Street businesses to secure payments without creating checkout frictions that end up...
Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security gap by introducing a consumer protection law. Considered the first of its kind globally, the rule sets a precedent in safeguarding consumers against exploitation of weak security features. The new law,...
Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security gap by introducing a consumer protection law. Considered the first of its kind globally, the rule sets a precedent in safeguarding consumers against exploitation of weak security features. The new law,...
This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last July.  The move went against the expectations of many economists who were anticipating a rate cut, but Fed Chair Jerome Powell explained that his agency still sees too many troubling signs littering the U.S. economic landscape to justify a rate...
This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last July.  The move went against the expectations of many economists who were anticipating a rate cut, but Fed Chair Jerome Powell explained that his agency still sees too many troubling signs littering the U.S. economic landscape to justify a rate...
In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of total accounts payable volume. One-third of companies surveyed said improved customer/client satisfaction would be part of improved ad hoc payments. Additionally, 6 in 10 enterprises sending tips and...
In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of total accounts payable volume. One-third of companies surveyed said improved customer/client satisfaction would be part of improved ad hoc payments. Additionally, 6 in 10 enterprises sending tips and...