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If you’re reading this from a shaded Adirondack chair, lemonade in hand and the distant sizzle of a grill in your ears, congratulations: you’re living the Fourth of July dream. But how much does that dream cost — and how has the price tag changed since the days when a smartphone was just a twinkle in Steve Jobs’ eye? The Weekender is here to take you on a lighthearted (and slightly wallet-anxious...
The European Commission said Friday (July 4) that it will not delay the rollout of the European Union’s Artificial Intelligence Act, despite calls from some tech companies that it do so.
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The AI Act’s rules will be implemented according to the schedule included in the legislation, Reuters reported Friday, citing comments at a press conference by Commission spokesperson...
AllScale raised $1.5 million in a funding round to accelerate its development of solutions aiming to make it easier for small businesses to begin using stablecoins.
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The company is building stablecoin invoicing, social commerce and payroll solutions, it said in a Wednesday (July 2) press release.
With these solutions, AllScale aims to make it easier for small and medium-...
The Independent Publishers Alliance has filed an antitrust complaint with the European Commission, alleging that Google’s AI Overviews represent an abuse of the company’s market power in online search.
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The association alleged in its complaint that by positioning these artificial intelligence (AI)-generated summaries, which use publishers’ material, at the top of its...
BBVA is reportedly continuing its effort to take over Banco Sabadell, even after Sabadell decided this week to sell its U.K. unit, TSB.
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Having determined that the move does not affect its own deal, BBVA could make a tender offer to Sabadell’s shareholders within weeks, Bloomberg reported Friday (July 4).
At the same time, BBVA has not made a final decision and could...
Digital asset platform Mercado Bitcoin plans to tokenize more than $200 million in permissioned real-world assets (RWAs) on the XRP Ledger (XRPL).
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A key contributor to the XRPL, Ripple, announced these plans in a Friday (July 4) blog post, saying this move marks one of the largest tokenization efforts by a Latin American institution on the XRPL, which is a public...
ElevenLabs, a startup that offers a platform that uses artificial intelligence to generate synthetic voices, reportedly plans to add more hubs around the world and then launch an initial public offering.
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The company has its largest office in London, where it is based; has hubs in New York, Warsaw, San Francisco, Japan, India and Bangalore; and is considering adding more...
Telehealth has cemented itself as a standard delivery channel in U.S. healthcare, especially among young generations.
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However, while care has gone digital, payment systems largely have not. For providers, this growing disconnect between virtual care delivery and outdated billing workflows isn’t just an operational oversight; it’s increasingly becoming a liability....
Despite widespread digital transformation efforts across industries, a new report reveals that many businesses, particularly small- to medium-sized firms, continue to grapple with the costly and pervasive inefficiencies inherent in manual accounts receivable (AR) processes, directly impacting their revenue and growth potential.
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Accounts receivable serves as a critical...
Real-time payments are emerging as the modern standard for transactions that are not only fast and efficient but also convenient.
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By cutting down transaction times from days or hours to mere seconds, these instantaneous payment systems are reshaping how money moves across the globe.
The PYMNTS Intelligence report “Real-Time Payments World Map,” a collaboration with The...