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Earnings season has revealed a consumer who is not withdrawing from the marketplace so much as recalibrating participation, timing purchases with deliberation and increasingly using digital channels to manage each dollar before it is spent.
Across the past several days, results from Dollar General, Dollar Tree and Kohl’s provide a broad illustration of that recalibration. Across store...
Meta-owned Manus has debuted a capability that brings its artificial intelligence (AI) agent to users’ computers.
Meet My Computer “brings Manus out of the cloud and onto your computer,” the company said in a Monday (March 16) blog post.
Using the Manus Desktop app, Manus executes command line instructions (CLI) in a user’s computer’s terminal. This allows it to read, analyze and edit...
Healthcare CFOs today are walking a tightening wire. System and network margins are under structural pressures, policy risk is rising across the industry and clouding long-term planning, all while the revenue cycle has become a full-blown technology battlefield.
It’s that last factor that has healthcare chief financial officers on their toes. The revenue cycle today in healthcare sits...
Mistral has introduced a system that enables enterprises to build artificial intelligence models that are trained on their proprietary knowledge rather than publicly available data.
Dubbed “Forge,” the system allows enterprises to train models on internal documentation, codebases, structured data and operational records so the models learn each enterprise’s vocabulary, reasoning...
New regulatory guidance on cryptocurrency has not been enough to lift bitcoin above $75,000.
That’s according to a report from Coindesk on Wednesday (March 18), one day after the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued their first joint guidance on applying securities laws to crypto tokens.
The guidance from the two agencies...
Amazon’s status as the U.S. Postal Service’s biggest customer could be about to change.
The tech giant has begun to scale back the volume of packages it ships via the postal service (USPS) with the goal of reducing that number by at least two-thirds before its contract expires this fall, The Wall Street Journal (WSJ) reported Tuesday (March 17), citing sources familiar with the matter...
More than a year ago, I asked AI to help me buy a toaster. Not to browse. I knew exactly what I wanted, down to the brand, and I gave the LLM every advantage a real buyer could offer. I wanted to test whether I could find and buy without leaving the chat. The AI produced a thorough, well-documented list, albeit somewhat skimpy. None of the brands listed included the toaster I already knew I...
Microsoft is reportedly considering legal action over Amazon and OpenAI’s new cloud deal.
As the Financial Times (FT) reported Wednesday (March 18), the issue hinges on whether Amazon Web Services (AWS) can offer OpenAI’s new Frontier commercial product without breaking an agreement requiring all access to OpenAI’s models to be run through Microsoft’s Azure cloud platform.
That...
Watch more: What’s Next in Payments With One Inc’s Kevin Ostrander
The never-ending battle against payments fraud is entering a more complicated phase as artificial intelligence (AI) allows criminals to replicate human activity with unsettling accuracy.
Voices can be synthesized, identities can be fabricated from fragments of real data and automated programs increasingly behave like...
Watch more: What’s Next in Payments With Velera’s Elizabeth Wadsworth
Artificial intelligence is changing the nature of financial fraud by giving criminals the ability to imitate voices, construct synthetic identities and reproduce the digital behavior of legitimate account holders.
For financial institutions, and especially for credit unions, that development is forcing a reassessment...