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As banks consider their strategies, other big names are also considering a role for digital assets.
June 30 -
The retail giants are kicking the tires on their own currencies. The potential prize is a way to reimagine prepaid cards and gain a key position as new forms of artificial intelligence-powered payments take off.
June 13 -
The next generation of artificial intelligence can be a digitized always-on personal shopper, researcher and financial assistant, taking even the buzz of ChatGPT to another level. It's early in the game, but developers are looking for ways to gain an edge.
May 15 -
Checkout-free retail, which enables transactions without a dedicated point of sale, provides a trove of data that can aid dozens of mobile banking functions, though it's not widely used due to difficult upgrades.
May 12 -
Payment experts say keeping customers happy is the key to maintaining partnerships Here's what J.D. Power has to say about user satisfaction.
August 29 -
OpenAI, Anthropic, Microsoft, Meta Platforms, and Alphabet's Google are among more than 200 members of a newly established AI Safety Institute Consortium under the department, the Commerce Department said.
February 8 -
When the e-commerce giant designs and revises new store models like Just Walk Out, it faces a challenge: How do you train technology that requires real-world data that doesn't yet exist?
January 16 -
The e-commerce giant will no longer support the P2P app as a payment option, despite PayPal's long-established hopes for a valuable relationship.
December 7 -
Amazon.com has developed a new version of its cashierless shopping technology for clothing retailers in an effort to expand the system beyond convenience and grocery stores.
September 19 -
Amazon Pay — which provides one-click checkout on thousands of e-commerce sites — has added support for Citi Flex Pay, Citigroup's point-of-sale credit card loans, as competition for buy now/pay later customers expands to digital wallets.
April 27 -
Amazon.com is closing eight cashierless Amazon Go locations in Seattle, New York and San Francisco, marking the e-commerce giant's latest round of cost-cutting amid slowing sales growth.
March 3 -
Amazon.com is allowing certain customers to use their Venmo wallets when checking out as the retailing giant tweaks its payment options for customers ahead of the holiday shopping season.
October 25 -
The e-commerce giant will partner with Affirm to offer installment payments as point-of-sale credit becomes increasingly popular as a finance option.
August 27 -
The e-commerce giant is adding a surcharge for Visa credit card payments in Singapore. It's a tactic reminiscent of the time its big-box rival outright banned the card brand in Thunder Bay, Ontario, in a bid to lower its costs.
August 11 -
A posting for a digital currency job at Amazon stirred speculation that the e-commerce giant might begin accepting bitcoin at checkout. The company denies that — and experts say it has many other ways to make the most of its intended hire.
July 30 -
Amazon.com’s payments team is exploring letting customers use cryptocurrencies to pay for their orders, a development that’s roiling digital currency markets.
July 26 -
Walmart has hired a veteran of American Express to run Walmart+, the membership program it unveiled less than a year ago to counter Amazon.com’s Prime plan.
July 6 -
Amazon.com is fielding bids to replace JPMorgan Chase as the issuer on its popular co-brand credit card as a fresh wave of competition for new card customers emerges.
June 9 -
The e-commerce giant is looking for someone whose skills pertain to distributed ledgers and digital currency.
June 8 -
Development and regulatory costs would be so high that the largest firms would need significantly more scale to justify the investment, according to new research from the Federal Reserve Bank of Richmond.
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