PYMNTS

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Concerns range from return on tech investments to the future role of human bankers in an AI-driven landscape. McKinsey: AI Promises Banking Revolution, but ROI Challenges Persist. AI is...

AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation

Trading platform Robinhood is acquiring artificial intelligence (AI) research service Pluto Capital. The purchase, as Bloomberg News reported Monday (July 1) is designed to offer Robinhood’s users more tailored investment strategies and analysis with the help of Pluto’s AI-driven personalized advice and real-time analytics. “They have built an...

Robinhood Purchases Pluto to Provide AI-Powered Investment Advice

It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need to make sure the payments experience goes off with minimal friction. It’s a tension that has not escaped the...

Physical Cards Hold the Keys to a Passwordless Future

It’s a challenging time at retail — both online and in-store. Merchants are grappling with a volatile economy and the fact that consumers, in at least some cases, are reining in their spending. Max Rieck, CFO at Versatile Credit; Chris Guido, head of TD Owned Brands, Sponsorships and...

Trending: Embedded Finance Performs Double Duty as Sales Enablement Tool

Capital.com has partnered with TradingView to provide access to the popular charting and analysis platform’s comprehensive financial visualization tools, drawing tools, customizable charts, and an exhaustive list of indicators to support and enhance their trading experience. Traders registered with Capital.com will be able to enjoy TradingView’s features without having...

Capital.com adds TradingView charting and analytics

New Jersey State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced a settlement agreement with Verizon New Jersey, Inc. to address allegations that the company violated New Jersey's consumer protection laws in its marketing and sale of Fios services.

Verizon Settles Fios Marketing Lawsuit - Pays NJ $175K

No one understands the irony better than a writer who, excelling in his 2023 copywriting role with a 60-strong team, found himself, by the next year, the last human standing amidst AI imitators he had to train; a situation paralleled in the service industry where underpaid workers secretly powered AI systems, ultimately leading to his firing and subsequent employment with a firm specializing in making AI writing harder to detect.

Writer Shocked as AI Replaces Entire 60-Person Team

Wisconsin State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Minnesota State

National Weather Force

The National Weather Force has issued a Tornado Advisory effective from 3 PM to 9 PM Central Time. Zones affected: central, north, northeast, east portions of MN; portions of west & northwest WI.

Tornado Risk including Large Hail & Damaging Winds Expected this Evening Across MN/WI; June 12th

While more people are embracing the idea of buying and selling secondhand clothing, companies specializing in selling these items are reportedly facing challenges in turning a profit. The U.S. secondhand apparel market was valued at approximately $43 billion in 2023, The Wall Street Journal (WSJ) reported Wednesday (July 3), citing...

Resale Firms Struggle to Profit in Growing Secondhand Apparel Market

As aggregators compete to win the spending of financially struggling consumers, more players in the space are expanding their acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments. Target-owned same-day delivery aggregator Shipt, for instance, recently said it has begun accepting these benefits on its marketplace, reaching...

Aggregators Expand SNAP EBT Acceptance to Woo Paycheck-to-Paycheck Shoppers

In this report from the recent Hardware Pioneers Max show in London, U.K., we explore solutions for IoT connectivity, security, and safety that were on show. The ripples of advancements in the IoT sector, be it in connectivity or security, were reflected at the recent Hardware Pioneers Max 2024 trade show in London, U.K., where several IoT companies were keen to showcase progress with respect to the mitigation of several industry challenges.

Hardware Pioneers explores IoT connectivity, security and safety

The Bank for International Settlements (BIS) wants to expand the world’s largest instant payment system (IPS). BIS announced Monday (July 1), that it had completed the blueprint for the third phase of its Project Nexus, aimed at connecting the instant payment systems of several central banks. In phase four...

BIS Plans to Expand World’s Instant Payment Systems

In this episode of the “What’s Happenin'” technology podcast, hosted by Andy Slawetsky of IndustryAnalysts.com, Dave Farrell from PaperCut shares an in-depth look at the company’s impressive market leadership and commitment to supporting their partner community. Andy and Dave discuss the robust growth strategies that have...

PaperCut’s Market Leadership: Dave Farrell Discusses Growth Strategies and Future Plans

Last week, a federal judge rejected Visa and Mastercard’s $30 billion settlement with merchants. Now, new court filings provide more detail about U.S. District Judge Margo Brodie’s rejection of the deal in the decades-old litigation between the two payments giants and retailers over credit card “swipe fees.”

Swipe Fee Settlement Judge Says $30 Billion Agreement Is ‘Paltry’

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

Rats are incredibly nimble creatures. They can climb up curtains, jump down tall ledges, and scurry across complex terrain—say, your basement stacked with odd-shaped stuff—at mind-blowing speed. Robots, in contrast, are anything but nimble. Despite recent advances in AI to guide their movements, robots remain stiff and clumsy,...

Google DeepMind’s AI Rat Brains Could Make Robots Scurry Like the Real Thing

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). This new offering is integrated with the Central Bank of the UAE’s (CBUAE) Aani or Instant Payments Platform (IPP), facilitating low-value payments for corporates in real...

Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE

Revolut’s revenues jumped 95% last year as it continues to pursue a British banking license. The London-based FinTech released its 2023 annual report Tuesday (July 2), showing the company’s revenues reaching $2.2 billion in 2023, up from $1.1 billion in 2022. In addition, Revolut’s profit before tax was...

Revolut Revenues Jump 95% With Addition of 12 Million Customers

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

NewsBreak

Why Data Analytics Represent the Frontier of B2B Decision-Making

Building better B2B relationships increasingly starts with better payments data. And with the news Tuesday (July 2) that FleetUp and RoadFlex have integrated their solutions to...

Why Data Analytics Represent the Frontier of B2B Decision-Making

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