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China Creates National Cyberattack Database

PYMNTS

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it.

National 174
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The Historic Push For PPE

PYMNTS

billion in annual spending on PPE projected by 2027. Ancona , vice president and general manager, National Client Group B2B, American Express , told PYMNTS. Numbers are fairly staggering even as COVID-19 infections slowly recede, with $98.3 But making more PPE isn’t the only issue.

Payments 132
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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

Artificial intelligence (AI) has helped to swing the pendulum in favor of chatbots, along with other technology integrations, into a sweet spot that’s helping to likely streamline processes throughout retail. By the year 2027, Forrester is predicting U.S. Between now and 2027, however, there will be 24.7 employment will see a 9.8

Retail 121
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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

They are eager participants in modern eCommerce, and Japanese firms were literally on the ground floor of the development of mobile payments since Japanese firms invented the two key cashless payments technologies that power the vast majority of mobile payments done today. percent) and paying for orders with cash in convenience stores (17.5

Mobile 154
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Tech Cos Confront The Ethics Of AI

CB Insights

Google employees and outsiders have raised ethical concerns that Google’s AI technology could be used to kill people. Mizuho Financial Group in Japan says it will use AI to replace 19,000 people by 2027 — about a third of its workforce. Amazon, for example, is perhaps one of the nation’s most important defense contractors.

Google 69
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The Why Behind So Many Healthcare Payment Buys

PYMNTS

Healthcare spending has grown from $75 billion in 1970, as measured by Kaiser Family Foundation analysis of National Health Expenditure Data , to as much as $3.5 It’s not going to get any easier, either, as healthcare spending may reach $6 trillion by 2027, as noted by the federal Centers for Medicare and Medicaid Services.

Payments 134
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Commerce Department Tightens Reins On Huawei

PYMNTS

Department of Commerce (DOC) has doubled down its prohibition against Huawei Technologies Co.’s s purchase of technology and software from U.S companies, alleging it undermines the nation’s security and foreign policy interests. software or technology. products to obtain a license.

Policies 100