Feed Items
President-elect Donald Trump spent decades branding himself as a dealmaker.
Now, the world’s other dealmakers are hoping his return to the White House will lead to an uptick in “megamergers,” the Financial Times reported Thursday (Dec. 19).
The global value of mergers and acquisitions (M...
Apple is reportedly seeking ways to add AI to its smartphones sold in ChatGPT-less China.
The iPhone maker is in discussions with two Chinese tech giants — Tencent and TikTok parent ByteDance — about integrating their artificial intelligence (AI) models into its products, Reuters reported Thursday (Dec. 19), citing three sources familiar with the matter.
The sources said the talks are at a very...
The luxury fashion world’s loss has been The RealReal’s gain this year.
As The Wall Street Journal (WSJ) reported Thursday (Dec. 19), sales for the luxury resale website have grown for three quarters in a row as shoppers seek secondhand prices for first-class goods from the likes of Gucci and Chanel.
Now, the company is working to keep items selling quickly — it moves 75% of products in 90 days...
Consumers who initially appear low risk based on basic bank account validation may be revealed to be fraudsters when analyzed with additional signals and insights, ValidiFI found in a report released Thursday (Dec. 19).
A comprehensive cross-referencing of phone, email, address and other identity elements against bank account data can spot fraud patterns missed by traditional verification...
It may be groundbreaking technology, but OpenAI is letting users contact ChatGPT the old-fashioned way: over the phone.
The artificial intelligence company (AI) has launched 1-800-CHATGPT (1-800-242-8478), a number anyone in the U.S. can dial and speak to the AI chatbot for up to 15 minutes, at no cost, and from any type of phone.
A report Wednesday (Dec. 18) by Ars Technica describes the process...
The stakes for fraud prevention and data security are rising with innovation across digital payments.
Trust remains the cornerstone of today’s dynamic ecosystem, but it is increasingly tested by a web of risks, including fraud and security vulnerabilities, compliance demands, counterparty reliability, payment failures and more.
“These threats aren’t just financial; they strike at the heart of...
Credit cards have long been a catnip for criminals. The lure is undeniable.
“Your account number is valuable — it has personal information that if someone gets a hold of, that’s how fraudsters compromise accounts and steal your money,” Pablo Fourez, chief digital officer at Mastercard, told PYMNTS in a recent interview.
Through the past decade, tokenization has been delivering on its promise of...
There are two sides to any commercial transaction. Within B2B, buyers and suppliers find one another and agree on terms, funds flow, and accounts payable and receivable departments interact.
On that last point, where back-end offices trade payments and invoices, the traditional way of doing things has been riddled with friction and pain points. Paper checks and invoices have been the norm. Buyers...
Credit unions (CUs) have plenty of rivals across the financial landscape, chief among them the big banks that dominate the market. As financial technology progresses, consumers expect their financial services to provide a smooth, innovative experience, regardless of where they bank. However, CUs often find themselves outmatched in this competition, vying for market share with just a fraction of...
Embedded lending, the integration of credit offerings into platforms where consumers and microbusinesses (MSBs) can apply for credit directly during a transaction, is gaining traction across major global markets.
According to the PYMNTS Intelligence report “The Embedded Lending Opportunity: Global State of Play,” consumers and MSBs are adopting embedded lending products, but challenges remain,...