When it comes to using loyalty points as a currency, some might underestimate the difficulty of such an application: “People kind of shrug,” Modo CEO Bruce Parker told PYMNTS.com in an interview. They think that “deploying loyalty points and redeeming them for stuff seems like something that should be pretty easy.” Consumers may be used to […]
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Easy come, easy go? For XRP the maxim holds true into a new week. Bulls are no doubt looking wistfully at last week’s action, when the price rose more than 100 percent and headlines held promise over XRP’s adoption into (a bit) more mainstream, everyday financial life. As of this writing and into a hectic […]
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eBay announced on Tuesday (Sept. 25) that it has started managing payments on its Marketplace platform in the U.S. In a press release, the company said that earlier this year, it announced plans to intermediate or manage the payments flow on its platform, and that it has now started doing that. “The introduction of eBay’s new […]
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Turo, the peer-to-peer car sharing marketplace company in San Francisco, has set its sights overseas, reportedly expanding into the U.K. According to reports citing Turo Chief Executive Andre Haddad, the U.K. is the company’s most searched destination when it comes to traveling outside of North America, thus the expansion into the market. “This makes us […]
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Fiserv, the global provider of financial services technology solutions, announced on Tuesday (Sept. 25) that it has agreed to acquire the debit card processing, ATM managed services and MoneyPass surcharge-free network of Elan Financial Services, a unit of U.S. Bancorp. In a press release, Fiserv said the acquisition – in which it is paying about $690 million […]
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Combine visual smarts with digital context and you’ve created an online shopping method that can respond to consumer impulses and discovery in ways that can feel pleasingly intimate – and can even lead to significant profit boosts. That’s one angle through which you can view a recent development involving Google Lens. New Role for Lens […]
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Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. 25) that it has made a strategic investment in T Stamp Inc. In a press release, Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities. Emergent Technology said it is […]
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It’s been said that you never set foot in the same river twice. Or stream, for that matter – and let’s extend that to “streaming music service.” To put it another way, everything changes, sooner rather than later. The stream of notes and talks and podcasts and all manner of audio content is about to […]
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Every time a new visual search deal comes along — like the major one involving Amazon and Snap, one rumored but officially announced on Monday (Sept. 24) — it seems a good time to remind ourselves that text is dead and that we live in a post-literate society. As was the case many centuries ago, pictures are […]
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In an effort to avoid bankruptcy, Sears CEO Edward Lampert is pitching a rescue plan: He wants the retailer’s board to sell assets and creditors to refinance debts, The Wall Street Journal reported. Lampert is seeking to restructure the retailer’s roughly $1.1 billion in debt that will be due in 2019 and 2020. In addition, […]
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