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As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.”
And the same holds true for the cryptocurrency and Web3 space in 2024.
That’s because, whether it is the sector’s market valuation, or education and acceptance around Web3 technologies, or even the promised land of scalable usability, the journey from an arm’s-length distancing of crypto to a potential...
Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out.
That is one key takeaway from “Fraud Management in Online Transactions,” a PYMNTS Intelligence collaboration with Nuvei that looks at the fraud-related challenges unique to eCommerce merchants and explores what these players are doing to combat fraud...
Instagram co-founder Mike Krieger has joined artificial intelligence (AI) startup Anthropic as its chief product officer.
In his new role, Krieger will oversee the company’s product engineering, product management and product design efforts, Anthropic said in a Wednesday (May 15) press release.
He joins the company at a time when it is working to expand its suite of enterprise applications and to...
Imagine being able to control your iPhone not with your hand, but with your eyes.
Apple says that scenario could soon be a reality, part of a series of tools for users with physical disabilities announced Wednesday (May 15).
“Each year, we break new ground when it comes to accessibility,” Sarah Herrlinger, Apple’s senior director of global accessibility policy and initiatives, said in a news...
VantageScore unveiled a new credit-scoring model that uses both traditional credit data and alternative open banking data.
The combination gives lenders a predictive lift of up to 10% compared to the VantageScore 4.0 credit score, which itself gives an 8% lift over conventional scoring models, the company said in a Wednesday (May 15) press release.
The new credit-scoring model is called ...
Chime will soon add an earned wage access offering called MyPay to its banking app.
The FinTech company has opened a waitlist for MyPay and will begin onboarding “soon,” according to a Wednesday (May 15) press release.
With MyPay, qualifying Chime members will be able to access between $20 and $500 of their pay before payday during each pay period, depending on their limit that is based on...
It remains to be seen if April will be the pause that refreshes or if consumers will pinch their wallets shut for a longer period, ushering in summer doldrums for merchants.
The U.S. Department of Commerce detailed Wednesday (May 15) that in April, retail sales were unchanged in March, which in turn had been revised downward from 0.7% in the previous reading to 0.6% over February’s levels.
The...
As it prepares to go public, stablecoin issuer Circle is reportedly also planning a move.
The company is preparing to transfer its legal base from Ireland to the United States, Bloomberg reported Wednesday (May 15). A company spokesperson confirmed to the news outlet that Circle filed paperwork for the move but declined to say why.
Circle earlier this year confidentially filed paperwork for an ...
A bipartisan Senate group wants the government to spend at least $32 billion on AI.
That funding, the senators said in a report issued Wednesday (May 15), would be spread over a three-year period and help develop artificial intelligence (AI) and create safeguards around the fast-growing technology.
Speaking to the Associated Press (AP), the four senators — two Democrats, two Republicans —...
Every business and organization is thinking about how to tap digital transformation for growth.
And with Google’s I/O developer conference Tuesday (May 14), the enterprise solutions that big tech can bring to the business-to-business (B2B) space are top of mind for forward-thinking firms.
Already, OpenAI held an event of its own on Monday (May 13), where the artificial intelligence (AI) pioneer ...