The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

The great digital shift of the pandemic has given way to omnichannel commerce, as consumers clamor to do at least some of their shopping on site. PYMNTS Intelligence and Visa Acceptance Solutions found earlier this year that four in 10 consumers want a digital experience in store. And most consumers want to use their preferred payment method while they shop, wherever they shop. Omri Dubovi,...
Higher education has shifted from its traditional roots, with universities and colleges adapting and embracing digital tools and technologies to enhance the campus experience and meet the changing needs of today’s tech-savvy students. It’s a transformation happening at universities and colleges across the U.S., including at Dartmouth College, where the recent deployment of AI self-checkout kiosks...
All companies in growth mode need access to capital, whether to fund short-term operational needs, mitigate unexpected expenses or execute plans for growth. One key demographic of these firms are growth corporates, the mid-market firms generating between $50 million and $1 billion annually that are not yet corporate juggernauts but have the potential to get there. PYMNTS Intelligence’s “2023-2024...
Insurance claims have long been associated with paperwork, delays and frustrations. Whether it’s for auto accidents or healthcare needs, the process has often been cumbersome and time-consuming.  But the insurance landscape is rapidly evolving, with digital tools and innovative solutions paving the way for more streamlined and efficient processes. When it comes to digitizing claims management,...
When online shoppers decide to make purchases from eCommerce marketplaces rather than directly from brands or retailers, PYMNTS Intelligence research reveals, affordability is their top priority. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces,” created in collaboration with Adobe, drew from a survey of more than...
Artificial intelligence (AI) and digital twins are teaming up to help companies make smarter decisions by mirroring real-world assets and analyzing data.  Digital twins are virtual replicas of physical objects and systems that can be made more useful with AI algorithms that analyze and learn from information. Fujitsu’s latest venture into digital twin technology for traffic analysis showcases the...
Amazon is rolling out a new store format under the Whole Foods Market banner — a move that comes as the eCommerce giant looks to increase its share of grocery by growing its brick-and-mortar presence. The specialty grocer recently announced its Whole Foods Market Daily Shop, a smaller store geared toward meeting the demands of shoppers in dense, urban areas. The format aims to offer a more...
Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the digital transformation of business and consumer travel.  The travel booking company launched two new features last week aimed at simplifying the search for deals.  With their latest tool PriceCheck, users can upload a screenshot of any...
Human-like robots occupy a particular niche in the American, as well as the global, psyche. After all, from comic books to Hollywood scripts, robots — both friend and foe — have anchored fictional works solidly in the realm of the future and the fantastic. And while today companies from Ocado to Amazon and beyond are exploring and increasingly using autonomous and automated solutions within the...
Built has expanded its construction and real estate finance platform to meet the needs of real estate owners and developers. The platform now helps these professionals manage budgets, streamline invoicing and compliance, move money and make decisions, Built said in a Monday (March 11) press release. “One of the primary reasons we started Built was to improve how money flows through the...