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Shopping Tools in Focus for Amazon and Walmart
Amazon is rolling out a feature to connect consumers to more of the goods they like. Artificial intelligence-powered Interests provides shopping guidance and product recommendations, according to a Tu...

Fraud Uncertainty Climbs to 28%, Disrupting Operations for Mid-Market Firms
There is a growing concern for middle-market firms in the United States, and it surrounds fraud and risk management. The PYMNTS Intelligence report “Fraud Risk Management Pushes Innovation Delays as...

Utila CEO: ‘Everyone Will Enter the Stablecoin Era’
Multinational corporations, FinTech platforms and even banks are increasingly eyeing blockchain solutions for cross-border payments, liquidity management and programmable finance. But many can hit a w...

Financial Pressures Drive 1 in 4 Consumers to Demand Instant Disbursements
Speed, certainty and convenience — these are the driving forces behind the explosive growth of instant payments. In fact, consumers are 10 times more likely to receive nongovernment disbursements in...

FinTech IPO Index Slips 1.3% as Huize Sinks After Earnings
FinTech IPO Index names were mostly in the red this past week, and the companies that did manage to post gains barely ma...

Walgreens Settles Allegations of Submitting Inflated Prices to Medicaid Programs
Walgreens has agreed to pay $2.8 million to settle allegations that it submitted inflated prices to the Massachusetts and Georgia Medicaid programs for generic medications. The settlement agreement re...

PayPal-Backed Mendel Raises $35 Million to Expand Spend and Travel Management Platform
Mendel raised $35 million in a Series B funding round to expand the artificial intelligence (AI)-powered capabilities of its enterprise spend and travel management platform and to extend the platform ...

AI Regulations in States Shift to Pro-Innovation, Not Risk Mitigation
Signs are emerging that states are taking a more pro-innovation focus in their artificial intelligence (AI) regulations and away from the stricter EU-style legislation that doubles down on reining in ...

Digital Doppelgangers: H&M Explores AI Digital Twins for Fashion Retail
Swedish retail giant H&M is creating 30 digital twins of human models this year as it explores new ways to showcase its clothes, shoes and accessories. The news, first reported by Business of Fashion,...

Bank Lending to Nonbanks Has Doubled in Five Years
Banks have reportedly more than doubled their lending to nonbank financial institutions (NBFIs) over the past five years and are now lending those companies $1 trillion a year. This lending enables ba...