Amazon

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.

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.

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.

Payment experts say keeping customers happy is the key to maintaining partnerships Here's what J.D. Power has to say about user satisfaction.

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.

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?

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.

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.

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.

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.