Baseball is back, and this year, more stadiums are tapping frictionless checkout to cut labor costs while meeting fans’ demand to spend as little time out of their seats as possible. Colorado Rockies’ Coors Field is expanding its use of Amazon’s Just Walk Out frictionless checkout technology, according to a March 21 news release. It’s also adding self-checkout kiosks from solution provider Tapin2. […]
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Innovations in embedded finance have captured the attention of decision makers in the logistics and wholesale trade space. As a result, payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are all working with these providers to help them integrate embedded finance capabilities, such as digital wallets and installment plans, into their websites and product […]
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The widespread integration of artificial intelligence (AI) and the Internet of Things (IoT) has sparked a surge in data, driving notable shifts in information management strategies. “For the last 10 years, the financial sector alone has invested countless sums into data science and building out their data intelligence departments,” Taylor Lowe, CEO and co-founder of AI […]
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OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out. The company said this while announcing in a blog post that it has developed and previewed but not widely released an artificial intelligence (AI) model that can generate speech closely resembling that of an individual. To […]
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In the rapidly evolving landscape of conversational artificial intelligence (AI), companies are vying to deliver solutions that can effectively bridge the gap between human and machine interactions. Openstream.ai’s newly patented software aims to help businesses interact through its Enterprise Virtual Assistant (EVA) platform. The company said EVA enables the creation of AI avatars, virtual assistants […]
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Elon Musk’s artificial intelligence company, xAI, plans to launch its latest AI model, Grok-1.5, on X, formerly known as Twitter, next week. Musk announced the timeframe for the launch in a Friday (March 29) post on X. Should be available on ? next week. Grok 2 should exceed current AI on all metrics. In training now. https://t.co/s7rVxvK8mZ — Elon […]
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Instacart is taking a tip from eCommerce giants such as Amazon, expanding its reach into more parts of consumers’ day-to-day routines with its new Instacart Developer Platform (IDP). The grocery technology company announced Wednesday (March 27) the launch of the API program, enabling third-party players to launch apps that integrate with the platform. With IDP, developers gain access to Instacart’s […]
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As retailers look to meet consumers’ digital expectations, PYMNTS Intelligence research reveals, loyalty rewards can go a long way. By the Numbers Research from PYMNTS’ study last year “The 2023 Global Digital Shopping Index: U.S. Edition,” which drew from a survey of more than 2,800 U.S. consumers, revealed that the ability to use and earn […]
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The Consumer Financial Protection Bureau detailed in its 2023 Consumer Response Annual Report that consumers have been the targets of fraudulent account openings, and installment loans were the most cited type of personal lending in complaints. The report, released Friday (March 29), noted that complaints about credit or consumer reporting accounted for more than 81% […]
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