The Business & Technology Network
Helping Business Interpret and Use Technology
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The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That’s why, according to Tesla CEO Elon Musk, it’s a good thing that Tesla is not an EV company — it is a next-generation autonomy and artificial intelligence (AI) platform. And per the company’s latest financial earnings call Tuesday (April 23), the company that Musk once told Bill Gates “does...
Google has once again delayed plans to eliminate third-party cookies on its Chrome browser. The tech giant made that announcement Tuesday (April 23) evening, soon after a British regulator expressed concerns about Google’s proposed alternative to using cookies, known as the Privacy Sandbox. Third-party cookies — pieces of software that track internet users as they browse — have been useful for...
Airwallex has expanded its payment acceptance solution to the United States. With this service, U.S.-based merchants can accept payments from both domestic and international customers, and foreign merchants with U.S. entities can provide a localized payment experience to their U.S.-based customers, the global financial platform said in a Wednesday (April 24) press release. Airwallex now provides...
As the boundaries between physical and digital spaces blur, the traditional home security landscape is undergoing a digital shift, with smart devices assuming an increasingly pivotal role in safeguarding modern, connected homes. Against this backdrop, Resideo, a provider of home security systems, recently announced its acquisition of Snap One, a distributor of smart-living technology, in a deal...
Uber and Klarna have joined forces to offer users new ways to pay for rides and deliveries. The collaboration, announced Wednesday (April 24), lets users in the U.S., Germany and Klarna’s home country Sweden use Klarna’s Pay Now option to cover the cost of their next ride immediately and in-full with a single click, while tracking purchases in the Klarna app.  In addition, Klarna said in a news...
As retailers look to understand their consumers, both for their own sake and the sake of their advertising customers, Generation Alpha shoppers’ unique, novel behaviors indicate significant changes ahead. In an interview with PYMNTS, Elizabeth Marsten, vice president, commerce strategic services at Tinuiti, spoke to how these consumers — those born in 2010 and later — and their unprecedented...
Brite Payments now enables instant account-to-account (A2A) payments and payouts in Germany. The Swedish FinTech already offers these Brite Instant Payments in the Nordics, Baltics and Benelux and plans to continue expanding their availability across Europe, Brite Payments said in a Wednesday (April 24) press release. “2024 is the year that A2A payments, or pay by bank, looks set to enter...
Airlines must automatically refund travelers for canceled flights under a new Department of Transportation rule. This rule, announced Wednesday (April 24) is designed to make it easier for passengers to get refunds if a flight is canceled or “significantly” changed. It also requires refunds for travelers whose checked bags are “significantly” delayed or who did not get extra services as purchased...
Technological transformation is at the heart of both modern commerce and payments innovation. With technology as the driving force, consumers are demanding more than transactions from their payment experiences; they seek payment methods that seamlessly integrate into their shopping journeys, whether those journeys are taking place online or offline, or a combination of the two. This means the...
Consumer financing solutions can help businesses build trust and loyalty with consumers, Versatile Credit CEO Ed O’Donnell writes in the new PYMNTS eBook, “The Implications of Uncertainty.”   As we end the first quarter of 2024, businesses across the country are navigating an array of challenges and uncertainties. Economic and inflationary fluctuations, job market instability, and market...