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Wayfair said Monday (Jan. 12) that it participated in the development of Google’s Universal Commerce Protocol (UCP) for agentic commerce and will soon enable shoppers to check out directly from Wayfair without leaving Google during their research.
The new checkout experience will be enabled by UCP on eligible Google product listings in AI Mode in Search and the Gemini app, the online...
Citigroup plans to cut 1,000 jobs this week as part of a restructuring plan announced two years ago, Bloomberg reported Monday (Jan. 12), citing unnamed sources.
The bank said when announcing the plan that it would eliminate 20,000 jobs by the end of 2026, and it still needs to eliminate several thousand more jobs to reach that target, according to the report.
“We will continue to...
Capital One will reportedly pay $425 million and pay higher interest rates on certain accounts to settle a class action lawsuit alleging that depositors were cheated out of high interest rates.
The bank’s addition of higher interest rates for depositors with 360 Savings accounts gained a federal judge’s preliminary approval of the revised settlement after he had rejected an earlier one...
Google’s Universal Commerce Protocol marks a shift in how the company wants transactions to happen online. Instead of sending users from search results to merchant websites, Google is beginning to execute purchases directly inside its artificial intelligence (AI) products.
Google said it will roll out the protocol in AI Mode in Search and the Gemini apps, allowing U.S. shoppers to...
Google Cloud introduced Gemini Enterprise for Customer Experience, a platform designed to help retailers deploy artificial intelligence (AI) agents that can support shopping, ordering and customer service across digital channels.
Announced at the National Retail Federation conference in New York, the launch included early deployments by Kroger and Papa Johns, both of which are...
Investing and savings app Betterment said Monday (Jan. 12) that a social engineering attack led to its customers receiving an unauthorized message promoting a crypto-related promotion and to an unauthorized individual gaining access to customer information.
Betterment had told its customers Friday (Jan. 9), in the first security update about the incident, that they may have received a...
Digital payments in Latin America are transforming commercial transactions, as faster payment rails originally designed to broaden consumer access increasingly support business-to-business payments and deepen engagement with bank accounts.
The region’s instant payments story has garnered the most digital and newspaper ink, with a focus on households. Central banks and policymakers...
The artificial intelligence (AI) race has moved from the laboratory to the clinic, marking a pivotal shift in how the digital economy’s most valuable data — health information — is processed.
As OpenAI and Anthropic formalize their healthcare and life sciences divisions, they are doing more than just selling software; they are auditioning to become the foundational “operating system”...
The B2B payments playbook has historically revolved around winning on cost. This made the landscape, in many ways, relatively transactional and adversarial.
Buyers wanted the lowest cost per transaction; providers competed on price, volume discounts and reliability. Differentiation was thin, and switching costs, while operationally annoying, were rarely strategic.
But global supply...
Consumer health and wellness online retailer Health-E Commerce has launched a partnership with WEX.
This collaboration will integrate the company’s FSA Store (flexible spending account) and HSA Store (health savings account) offerings into the WEX benefits portal, the companies said in a Monday (Jan. 12) news release.
The goal here is to counter the “fragmentation and confusion” that...