PYMNTS

Bill Gates' Land Grab Fuels Speculation About Smart Cities, AgTech Plans

PYMNTS

Bill Gates ’ interests are quietly moving from server farms to soil farms. No one knows why except Bill and Melinda Gates and their inner circle, but the speculation is turning again to their vision of building new ‘connected’ smart cities and farms.

Square’s Utah Bank Now Open For Business

PYMNTS

Square is now operating its state-chartered industrial bank , Square Financial Services, in Utah after the state’s Department of Financial Institutions gave it the green light, according to a press release emailed to PYMNTS. Square submitted its application back in September 2017.

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Nevada Gov Sisolak Wants Blockchain-Based Cities

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Nevada Gov. Steve Sisolak has laid out guidelines for technology companies to develop whole cities based on blockchain, The Wall Street Journal (WSJ) reported. Sisolak's plan entails "innovation zones" which would let new cities run their own governments based on technology.

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Walmart Will Invest $350 Billion To Advance American-Made Goods

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Over the next decade, Walmart said it will spend $350 billion on merchandise made, grown or assembled in the U.S., according to a Wednesday (March 3) company post by President and CEO John Furner.

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company

PYMNTS

As artificial intelligence (AI) capabilities progress, quick-service restaurants (QSRs) are using the technology to refine every step of the process, including marketing, menu offerings, operations, signage and more. Now, Yum! Brands, Inc. is taking control of its technology.

Bitcoin Is Catching The Eye Of Wall Street — Time To Worry?

PYMNTS

It’s never easy to call the top of, well, anything in any market. Name it: art, baseball cards, certainly not stocks, bonds or housing. But then again, things are looking a bit lofty for bitcoin, at least insofar as sentiment is concerned, possibly signaling some speed bumps ahead.

Report: PayPal Might Buy Digital Currency Startup Curv

PYMNTS

PayPal is in discussions to buy cryptocurrency storage upstart Curv , Bloomberg reported. The discussions are in their nascent stages and might not end up leading to a deal, Bloomberg reported, citing an unnamed source. Curv, which is headquartered in the Empire State, was established in 2018.

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Citi’s Kohli: Corporates And Banks Experiment To Drive Digital Business Models

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Treasurers met the immediate disruption of the global pandemic last year with a sudden demand for digital solutions from their banks.

Taxpayers Can Now Pay In Cash Online With New ACI Worldwide, IRS Offer

PYMNTS

ACI Worldwide and the Internal Revenue Service ( IRS ) have expanded their partnership to offer consumers a new payment option that allows them to pay their taxes online with cash.

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The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

InsurTech Firms Take SPAC Path To Wall Street

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The only sure things in life, they say, are death and taxes. And maybe the parade of continued special purpose acquisition companies (SPACs) – at least so far as the horizon stretches out before us. News came this week that Hippo Enterprises is going public via SPAC.

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The Connected Future Of Kitchen Technology

PYMNTS

As kitchen technology rapidly evolves, with automated solutions entering the mainstream, remaining at the forefront of restaurant innovation will require more than just individual automated devices.

Walmart Sharpens FinTech Super App Ambition, Poaches Goldman Bankers

PYMNTS

Walmart is enlisting the help of two Goldman Sachs executives to help roll out a new FinTech startup as the retail giant gets into banking, Bloomberg reports. The executives are Omer Ismail and David Stark , the report says.

Square Doubles Down On Bitcoin; Generates $1.7 Billion In Crypto Revenue

PYMNTS

At Square , it’s getting hard to separate bitcoin from dollars. The company’s fourth-quarter financials reported on Tuesday (Feb.

How to Choose an AI Vendor

This report explores why it is so challenging to choose an AI vendor and what you should consider as you seek a partner in AI.

Bitcoin Daily: NY AG Sends Warning Out To Crypto Industry; MicroStrategy Buys 328 More Bitcoin For $15 Million

PYMNTS

New York Attorney General Letitia James has warned crypto firms to “play by the rules” or risk getting shut down, according to a press release. Calling cryptocurrency “high-risk,” James said “devastating losses” could occur, the release stated.

BitPay CEO: Institutional Activity Creates New Era For Bitcoin

PYMNTS

We’ve seen it all before, right? Bitcoin at $20,000 seems so … 2020. We’re at $50,000 now and counting, and 2021 is barely a month and a half old. And next month, it may drop. The month after that, it may swing up again.

State Bank Of India Joins Liink, JPMorgan’s Blockchain Network

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The State Bank of India (SBI) is joining Liink , J.P. Morgan’s peer-to-peer blockchain-based data network, according to a report from The Economic Times. The partnership will help SBI increase the speed of customer transactions, including cross-border payments, and lower the costs.

Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen

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Full steam ahead for the digital dollar — but no go for bitcoin as (widespread) transaction mechanism? Treasury Secretary Janet Yellen said at a virtual conference held Monday (Feb. 22) by the New York Times that central banks should examine creating and issuing sovereign digital currencies.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Sezzle CEO: 'We Don’t Think Credit Is A Four-Letter Word'

PYMNTS

The field of buy now, pay later (BNPL) offerings has become crowded over the last year with new products , big partnerships and massive funding rounds. The race is on to stake a dominant claim in the newly exploding market.

Mastercard’s Nets Deal Paves The Way For Real-Time Account-to-Account Transactions

PYMNTS

Dealmaking – and clearing regulatory hurdles – is paving the way for real-time payments to make the leap from concept to reality.

Square’s Bank Is Open For Business – Now What?

PYMNTS

Square gets a bank – and so, now what? It may be the case that the proverbial floodgates have opened for FinTechs to leverage what we might think of as the “industrial bank” operating model, in order to meld digital-first operations with traditional banking services.

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Bitcoin Daily: Dogecoin Can Now Be Purchased At CoinFlip ATMs; MoneyGram Faces Lawsuit Over XRP

PYMNTS

Crypto users can now buy dogecoin with cash at 1,800 CoinFlip ATMs across the U.S., according to CoinDesk , citing a tweet from CoinFlip.

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

For ISVs, The Lure Of Northern Exposure And Integrated Payments

PYMNTS

Payment facilitators (PayFacs) could do with some northern exposure. In an interview with PYMNTS, Marcus Dagenais , president, Canada, at payment processor Payroc , said that expanding into Canadian markets can boost the growth of ISVs. There are more similarities than differences between the U.S.

Partner Or Compete? Banks Can Take Hybrid Approach With FinTech Innovation

PYMNTS

In a mid-January conference call with analysts, J.P. Morgan Chase CEO Jamie Dimon told analysts that his firm, and other banks , should be scared “s—tless” by FinTechs.

The Changing Face Of The Travel Payments Supply Chain

PYMNTS

It was too much to hope that the world would be transformed on Jan. 1, 2020.

Corporates Take A Deeper Dive Into Blockchain

PYMNTS

Blockchain and digital currencies continue to garner more attention among corporate finance leaders and their financial service providers, with this week’s Payment Rail Innovation tracker finding financial institutions (FIs) and FinTechs investing more heavily in the infrastructure to facilitate B2B payments.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

Visa, Black Girl Ventures Team To Digitize Black, Women-Owned SMBs

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Visa has introduced a new locally-focused initiative to help digitally enable Black-owned small businesses, with a focus on companies owned by Black women, as Black History Month (February) transitions into Women’s History Month (March), according to a Thursday (March 4) press release.

PayPal, Stripe Join Spreedly’s New Partnership Program For PSPs

PYMNTS

Spreedly has announced the formation of a new partnership program developed for gateways and other payment service providers (PSPs), according to a Tuesday (March 2) press release emailed to PYMNTS. “We’ve

Kroger Reports Data Breach; Customer Data Hacked

PYMNTS

Kroger has confirmed it was among the companies affected by the data security incident that hit Accellion , according to a press release. An unauthorized person gained access to certain company files.

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Indonesian FinTech Builds Bridges Between Banks And Workers

PYMNTS

There are roughly 270 million people living and working in Indonesia today, roughly 92 million of whom do not have bank accounts. That leaves a little over a third (34 percent) of the nation’s population unserved by the banking system.

10 Keys to AI Success in 2021

Capitalizing on the incredible potential of AI means having a coherent AI strategy that you can operationalize within your existing processes. Learn how organizations are overcoming hurdles and realizing the enormous rewards that AI can bring to any organization.