AI shortens fraud detection, response times
E-commerce and digital banking allow transactions to be completed in seconds, making it increasingly vital for FIs to use AI ...
Tag: e-commerce
Data centralization, AI can help combat chargeback fraud
AI can be a valuable tool in identifying and preventing chargeback fraud — a growing problem — but only if ...
81% of consumers open to using agentic AI for payments
The payments industry is undergoing a major overhaul as AI takes center stage. Agentic AI is likely to reshape day-to-day ...
5 questions with … Amex Digital Labs’ VP and head of partnerships
Stephanie Schultz, vice president and head of partnerships at Amex Digital Labs at American Express, is focused on building out ...
Bank of America explores new payments channel
Bank of America may be joining Citi, TD, Chase and other U.S. financial institutions to offer pay by bank, an ...
Tech layoffs continue as Shopify shrinks team by 20%
Roughly 20% of e-commerce platform Shopify’s team has been dropped from the company with the sale of its logistics business ...
U.S. Bank increases e-commerce, tech-led merchant revenue
U.S. Bank continued its multiyear strategy to invest in e-commerce and tech-led revenue efforts in the first quarter of 2023. ...
50% of social media users will utilize embedded payments in 2023
E-commerce and embedded payments continue to gain popularity as millennials and Gen Z consumers look to social media for shopping ...
PayPal continues tech investments despite layoffs
PayPal Holdings increased its technology and development spend year over year as the company reduced its headcount in January. WHY ...
Fiserv integrates Affirm into Carat merchant platform, plans more integrations
Fiserv is integrating buy now, pay later (BNPL) company Affirm into its Carat merchant platform as part of the core ...
