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Amazon and Google have teamed to help cloud service providers connect with each other.
The tech giants’ cloud units on Monday (Dec. 1) announced a new, jointly engineered multicloud networking solution that uses Amazon Web Services (AWS) Interconnect – multicloud and Google Cloud’s Cross-Cloud Interconnect.
According to the announcement, the partnership also introduces an open...
Business payments company Sokin has raised $50 million in a new funding round.
The Series B round brings Sokin’s valuation to $300 million, and will help accelerate the company’s expansion, bolster its financial infrastructure and enhance its product capability, according to a Monday (Dec. 1) news release.
“Sokin is at a transformative stage having demonstrated impressive year-on-year...
Visa and Amazon Web Services want to help developers and enterprises deploy agentic AI commerce projects.
To that end, the companies announced Monday (Dec. 1) the launch of a partnership that will see Visa list its Intelligence Commerce platform in the Amazon Web Services (AWS) marketplace.
“Agentic commerce needs trust to move from intent to action; Visa Intelligent Commerce is...
Cryptocurrency prices began December by continuing the ongoing, widespread selloff that marked October and November.
Bitcoin, the most popular crypto, fell by as much as 6% to under $86,000 in early Asia trading Monday (Dec. 1), Bloomberg News reported, citing its in-house data. Ether slid more than 7% to roughly $2,800, with other tokens following similar downward paths.
As the report...
Cities depend on thousands of small transactions that happen every day, but the systems behind those payments often work against the efficiency city departments need.
Boston decided it could no longer operate with decades-old tools that made it hard to collect, track and reconcile parking and small-dollar municipal payments.
That push to modernize is now taking shape through Passport...
The role of the finance function is being re-written as companies increasingly are no longer satisfied with observing cash flow in the rearview mirror. Instead, they are beginning to redesign it.
The latest data in the report “Time to Cash: A New Measure of Business Resilience,” a new PYMNTS Intelligence collaboration with Bottomline and FIS, revealed that Time to Cash, the speed at...
Embedded finance is moving from a strategic initiative to a core requirement as firms across industries weave financial services into their platforms.
The PYMNTS Intelligence report “Embedded Finance as a Strategic Initiative: How Integrating Financial Services Into Non-Financial Platforms is Driving Growth,” a Green Dot collaboration, found that nearly every company surveyed uses at...
The last few Prompt Economy Weekly features have focused on trust and technical security for agentic AI. Seeing as how security is a prerequisite for its consistent usage, that focus was spot-on and will continue to be an issue. But this week was something of a litmus test for the Prompt Economy. It marked the beginning of the holiday shopping season, and time will tell whether agentic AI was a...
Personalization has become one of the most valuable but difficult promises in commerce, particularly at checkout, where consumers want an experience that is seamless, relevant and able to deliver value without extra effort.
Payments, rewards and consumer intent often operate in different lanes, and closing the gap between them has become a priority for both brands and financial...
Big month for car insurance in the PYMNTS app provider rankings, with one big surprise at the top. The PYMNTS.com Insurance Apps page offers a monthly ranking of smartphone Insurance Apps, assessing them based on publicly available information and exclusive app usage data, helping users identify the top performers in the market. The ranking aims to provide precise insights into app performance,...