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Text-to-pay platform Authvia has integrated Visa’s real-time money movement capabilities into its core offering.
The collaboration with Visa Direct, announced in a Monday (Aug. 25) news release, allows for real-time disbursements across industries such as healthcare, automotive services, insurance and gig economy platforms with a single text message.
“Whether it’s sending a co-pay...
The lines between the gamification of money and the monetization of gaming are increasingly blurring.
At the heart of this blurring lies a fundamental tension: Are sports prediction markets better viewed as financial investments, e.g. derivatives regulated by the Commodity Futures Trading Commission’s (CFTC), or as gambling needing state-level regulation?
Last week, Robinhood, the...
Elon Musk-owned companies X and xAI reportedly sued Apple and OpenAI, alleging that they operate an “anticompetitive scheme” in which Apple favors OpenAI and deprioritizes the artificial intelligence startup’s competitors in its App Store rankings.
The lawsuit also alleges that Apple favors OpenAI by integrating that company’s chatbot, ChatGPT, into Apple products, CNBC reported Monday...
Flexible payments firm Klarna has brought its payment solution to Walmart Canada.
The roll-out, announced Monday (Aug. 25), makes Walmart Canada and its 400-plus stores the largest retailer in that country to host Klarna’s flexible payment offerings.
“We’re always looking for innovative ways to enhance the shopping experience and provide more flexibility and convenience for our...
Marketers have been working for years to refine their search engine optimization (SEO) strategies to ensure their company websites are visible in search results. But search powered by artificial intelligence (AI) risks making SEO all but obsolete.
That’s because when a user does a search, AI-powered engines such as Google’s AI Overviews, ChatGPT or Perplexity answer the question...
DHL is teaming with Shopify to expand international shipping for U.S.-based merchants.
The collaboration, announced Monday (Aug. 25), lets Shopify merchants access DHL eCommerce’s Parcel International Direct and Parcel International Standard services, and DHL Express Worldwide.
This arrangement, the company said in a news release, is designed to provide “reliable and cost-effective...
BJ’s Wholesale Club says memberships have jumped 55% since the company went public.
The warehouse retailer released earnings on Friday (Aug. 22) showing a new membership milestone of 8 million, with 90% of those members renewing their subscription.
The company’s comparable store sales were down 0.3% when factoring in fuel because of declining fuel costs but rose 2.3% without fuel due...
Cryptocurrency exchange Gemini and blockchain company Ripple collaborated to release an XRP Edition of the Gemini Credit Card.
The credit card offers crypto rewards in the form of XRP, which is the digital currency built into the XRP Ledger (XRPL), and is issued by WebBank on the Mastercard network, Gemini said in a Monday (Aug. 25) company blog post.
The XRP Edition of the Gemini...
An organization representing the world’s largest stock exchanges is calling for a regulatory crackdown on tokenized stocks.
The World Federation of Exchanges (WFE), a United Kingdom-based industry association for exchanges and clearinghouses, said blockchain-based tokens pose an additional risk to investors and could compromise the integrity of the market, Reuters reported Monday (Aug...
Artificial intelligence startup Perplexity has announced a new subscription program called Comet Plus that it said gives users access to premium content from trusted publishers and journalists, while providing publishers with a better compensation model.
“Comet Plus transforms how publishers are compensated in the AI age,” the company said in a Monday (Aug. 25) blog post. “As users...