English

Science and Technology at pymnts.com

Today News

00

X to Launch TV App ‘Soon,’ CEO Linda Yaccarino Says

www.pymnts.com

X (formerly Twitter) will soon launch an X TV App that will bring real-time content to smart TVs. “This will be your go-to companion for a high-quality, immersive entertainment experience on a larger screen,” X CEO Linda Yaccarino said in…

23

Perplexity Valued at $1 Billion as It Challenges Google Search

www.pymnts.com

Perplexity has reportedly raised $63 million as it aims to compete with Google’s search engine. The new funding round values the artificial intelligence (AI) startup at $1 billion, marking a two-fold jump in valuation so far this year,…

22

Apple Acquires Paris AI Startup Datakalab

www.pymnts.com

Apple has stepped up its foray into artificial intelligence (AI) by acquiring Datakalab, a Paris-based AI tech startup. The acquisition, finalized on Dec. 17, was quietly noted in a filing with the European Commission and reported by…

21

PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations

www.pymnts.com

PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers. This pay-by-palm solution is now available to credit unions on a pilot basis and is expected to be generally available later in…

18

Philippines Wants Binance Yanked From Apple and Google App Stores

www.pymnts.com

Cryptocurrency giant Binance could soon find it harder to do business in the Philippines. The country’s Securities and Exchange Commission (SEC) on Tuesday (April 23) called on Apple and Google to remove Binance’s app from their app stores…

Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories

www.pymnts.com

When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores — and artificial intelligence (AI) can go a long way toward helping shoppers get…

17

Google Aims to Move Faster to Meet ‘Systemic’ Challenges

www.pymnts.com

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand payments products, told employees…

Amazon Launches Grocery Subscriptions for Prime and EBT Customers

www.pymnts.com

Amazon has introduced grocery delivery subscriptions for Prime members and EBT users. The new service, announced Tuesday (April 23), is launching in more than 3,500 locations around the U.S. It gives Prime members willing to spend $9.99…

15

iPhone Sales Plunge to 4-Year Low in China

www.pymnts.com

Apple’s troubles in China continue, with iPhone sales reportedly plummeting 19% during the last quarter. That brought the company’s flagship product to its worst performance since the start of the COVID pandemic in 2020, Bloomberg news…

14

Microsoft Debuts Smallest AI Model as AI Eludes Small Businesses

www.pymnts.com

Microsoft has introduced its smallest artificial intelligence (AI) model, aimed at businesses with limited resources. The company’s Phi-3-mini can perform tasks like content creation for social media while using less data, Reuters reported…

11

New Data: 93% of Card-Linked Offer Users Come Back for More

www.pymnts.com

Card-linked offers, which provide special savings or rewards attached to a merchant or product, are popular: Roughly 2 in 5 cardholders consistently use them. PYMNTS Intelligence’s research shows how attractive current offers are to users:…

05

Pomelo Officially Launches Product Combining Credit and International Money Transfer

www.pymnts.com

Pomelo has announced its official launch after several months of private beta. The company is launching with $70 million in seed financing that includes $20 million in venture capital and $50 million in warehouse facility, the company said…

04

Hackers Were in Change Healthcare System 9 Days Before Ransomware Attack

www.pymnts.com

Hackers were reportedly in the networks of UnitedHealth Group’s Change Healthcare unit for days before launching their ransomware strike. They gained entry to the networks on Feb. 12, using compromised credentials on an application that…

Verizon Focuses on AI Priorities as Customer Losses Slow

www.pymnts.com

Verizon is crediting flexible price plans and streaming bundles for its slowing customer losses. The wireless provider on Monday (April 11) reported that it lost 68,000 monthly wireless phone subscribers during the first quarter of 2024.…

03

Verafin Adds AI Copilot to Financial Crime Management Solutions

www.pymnts.com

Verafin has added an artificial intelligence (AI) copilot to its suite of financial crime management solutions. The new Entity Research Copilot is being rolled out to the firm’s customer base of more than 2,500 financial institutions, the…

02

Microsoft’s AI-Powered VASA-1 Could Enable Webcam-Free Video Calls

www.pymnts.com

Get ready for AI to make videos from just your picture. Microsoft Research recently unveiled VASA, a new AI framework demonstration capable of generating “hyper-realistic” talking faces from a single portrait and speech audio, possibly…

Beeline to Launch Spanish-Language Version of Home Loan Experience

www.pymnts.com

FinTech mortgage lender Beeline will launch a Spanish-language version of its home loan experience on May 1. Like Beeline’s existing offering, the new experience, which is dubbed Colmena (“hive” in English), will adjust to applicants on…

Monday, Apr 22

00

The Chatbot Will See You Now: Medical Experts Debate the Rise of AI Healthcare

www.pymnts.com

As artificial intelligence (AI)-powered chatbots become increasingly common in healthcare, questions about their effectiveness and reliability continue to spark debate. The World Health Organization (WHO) has introduced an AI health…

23

Basware Debuts AI-Powered Fraud Prevention Tool

www.pymnts.com

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. AP Protect, announced Monday (April 22), is an artificial intelligence (AI)-powered tool that helps finance teams guard against fraud,…

22

AR and VR Have Potential to Reshape Wearable Tech Landscape

www.pymnts.com

Frequently integrated into wearable devices such as smart glasses and headsets, extended reality (XR) technology — encompassing augmented reality (AR), virtual reality (VR) and mixed reality (MR) — is unlocking new levels of immersive…

21

Airwallex Teams With Bird for Streamlined International Payments

www.pymnts.com

Payments platform Airwallex has launched a partnership with global communications platform Bird, formerly known as MessageBird. The collaboration, announced Monday (April 22), is designed to power Bird’s international payments operations…

Payflows Raises $26 Million for All-In-One Finance Platform

www.pymnts.com

French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22), saying that its platform would “set finance teams…

SAP Debuts New AI Offerings For Supply Chains

www.pymnts.com

Enterprise application software company SAP has introduced artificial intelligence (AI) advances for its supply chain solutions. According to a Monday (April 22) news release, SAP said these AI-driven insights from real-time data will help…

20

GoCardless Integrates A2A Payments App With Intuit QuickBooks in US

www.pymnts.com

Global bank payment company GoCardless has launched an integration with Intuit QuickBooks in the United States. This regional integration builds on the existing relationship the two companies have in the United Kingdom, GoCardless said in…

18

Microsoft and Cognizant Partner to Help Enterprises Adopt GenAI Solutions

www.pymnts.com

Microsoft and Cognizant have partnered to expand the adoption of generative artificial intelligence (GenAI) solutions by enterprises. The companies aim to make Microsoft’s GenAI and Copilots available to millions of users, they said in a…

Bite CEO: Self-Service Kiosks Meet Shopper Demand for Click-and-Mortar™ Retail

www.pymnts.com

Consumers are demanding eCommerce-like convenience from their in-store journeys, and retailers are rising to the occasion with self-service technologies. In an interview with PYMNTS, Brandon Barton, CEO of self-service kiosk provider Bite,…

13

Meta’s Llama 3 Model Has Potential to Shake Up AI Landscape

www.pymnts.com

Meta has unveiled the latest iterations of its open-source Llama artificial intelligence (AI) model, which is causing ripples through the AI community. As the AI arms race continues to heat up, industry experts are closely examining Meta’s…

11

Equifax VP Says Data Science Can Strengthen Customer Relationships

www.pymnts.com

Businesses can gain valuable customer insights from the data they already have, Equifax VP, Data Science and Decision Analytics, Digital Solutions Dilip Singh writes in the new PYMNTS eBook, “The Implications of Uncertainty.” Revenue…

This Thirty-Year AI Expert Challenges the Notion That AI Can Think

www.pymnts.com

There are people who say they are an AI expert and there’s Akli Adjaoute. He was on the case early in the technology’s lifecycle and brings a unique, grounded perceptive to its current and future usage honed over three decades of expertise…

Saturday, Apr 20

01

Billion-Dollar Buddies? Forecasting A Boom in the AI Companion Industry

www.pymnts.com

The industry of companion apps and robots powered by artificial intelligence (AI) is rapidly expanding. Greg Isenberg, formerly of WeWork’s startup hub, recently speculated on the financial potential of chatbots that simulate relationships…