Technology

Technology is the sum of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation.

Source: en.wikipedia.org

35% of Cardholders Abandon Merchant After a Card Decline
35% of Cardholders Abandon Merchant After a Card Decline
October 04, 2024  |  Credit Cards

Striking the right balance between seamless payments and strong security is crucial for merchants. As eCommerce continues to flourish, a PYMNTS Intelligence report, “Why Network...

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Tech Giants Bet Billions on AI Agents That May Reshape Commerce as We Know It
Tech Giants Bet Billions on AI Agents That May Reshape Commerce as We Know It
October 03, 2024  |  artificial intelligence

Artificial intelligence (AI) agents are emerging as a potentially transformative force in global commerce, with major tech players betting billions on their ability to revolutionize...

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AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
October 03, 2024  |  Artificial Intelligence

In a whirlwind of investment activity, artificial intelligence companies secured unprecedented funding. OpenAI led the pack at a $6.6 billion raise. Poolside secured $500 million...

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Open Banking Provider Zūm Rails Forms Embedded Finance Pact With Fiserv
Open Banking Provider Zūm Rails Forms Embedded Finance Pact With Fiserv
October 03, 2024  |  Partnerships

Open banking/instant payments company Zūm Rails is teaming with Fiserv. The collaboration, announced Thursday (Oct. 3), will see Zūm utilize Fiserv’s embedded finance capabilities to enable payments and financial services...

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FDIC: High-Touch Beats High-Tech in Small Business Lending
FDIC: High-Touch Beats High-Tech in Small Business Lending
October 03, 2024  |  Loans

In small business lending — regardless of the size of the bank doing the lending itself — a high-touch approach and in-person visits to the...

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Is Emotion Detection the Next Frontier for AI?
Is Emotion Detection the Next Frontier for AI?
October 03, 2024  |  artificial intelligence

Artificial intelligence is getting better at decoding human emotions, and businesses are using the software to improve customer interactions and drive sales. A new study...

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Thredd CEO: Unbundling of Banking Changes the Merchant Acquiring Game
Thredd CEO: Unbundling of Banking Changes the Merchant Acquiring Game
October 03, 2024  |  Payments Innovation

For decades, the “classic” four-party model dominated card payments — where the quartet was comprised of the cardholder, the merchant, the acquirer and an issuing...

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Scientists Develop AI They Say Defeats Widespread eCommerce Authentication Method
Scientists Develop AI They Say Defeats Widespread eCommerce Authentication Method
October 02, 2024  |  Artificial Intelligence

Artificial intelligence can now solve Google’s reCAPTCHAv2 with 100% accuracy, according to new research, possibly rendering a critical online security measure obsolete and forcing eCommerce...

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Fidelity Takes VC Plunge, Raises $250 Million for Tech Investments
Fidelity Takes VC Plunge, Raises $250 Million for Tech Investments
October 02, 2024  |  Investments

Fidelity raised $250 million for its first fund devoted to venture capital. The Boston-based asset manager’s latest push into the private asset space — Fidelity...

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