Editor’s Picks

Businesses Confront AI Hallucination and Reliability Issues for LLMs 
Businesses Confront AI Hallucination and Reliability Issues for LLMs 
June 18, 2024  |  artificial intelligence

In the new world of artificial intelligence (AI)-powered automation, businesses face a vexing problem: AI systems that confidently generate plausible but inaccurate information, a phenomenon...

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Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
June 17, 2024  |  Apple Pay

Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued.  In the wake of...

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Evolve Was Served a Cease-and-Desist Order — Now What?
Evolve Was Served a Cease-and-Desist Order — Now What?
June 17, 2024  |  Bank Regulation

The Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, that may have a chilling effect...

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Apple Plays It Safe With Apple Intelligence Suite, OpenAI Partnership
Apple Plays It Safe With Apple Intelligence Suite, OpenAI Partnership
June 10, 2024  |  Apple

Apple may have arrived late to the artificial intelligence party. Still, the tech giant is making a grand entrance with “Apple Intelligence,” a new suite...

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AI Regulations Take Shape Worldwide
AI Regulations Take Shape Worldwide
May 22, 2024  |  artificial intelligence

New artificial intelligence (AI) regulations are rolling out around the world. Colorado has become the first U.S. state to regulate AI, aiming to prevent consumer...

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Google Pay Expands BNPL and Says Goodbye to the CVV With Biometrics 
Google Pay Expands BNPL and Says Goodbye to the CVV With Biometrics 
May 22, 2024  |  Google

A week after Visa threw down the payments gauntlet with a series of announcements that merged the physical and digital worlds, Google took its turn...

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Mall of America Leads Push to Unique On-Site Experiences
Mall of America Leads Push to Unique On-Site Experiences
May 20, 2024  |  Retail

As shoppers turn to eCommerce channels for convenience, many are still willing to go to brick-and-mortar malls for unique, site-specific experiences. Seizing on this demand, Mall...

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Target Cuts Prices on Essentials Like Milk as Consumer Caution Continues
Target Cuts Prices on Essentials Like Milk as Consumer Caution Continues
May 20, 2024  |  Retail

Target is reducing prices on essentials like milk and produce amid continued consumer caution. The retailer plans to lower prices on roughly 5,000 “frequently shopped items,”...

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Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments
Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments
May 15, 2024  |  VISA

Throughout history, the number seven has held significant importance. There are seven days of the week, seven colors in a rainbow, the “lucky sevens” when...

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