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Whole Foods Rolls Out Amazon One as Grocers Tap Account-Linked Payments BY PYMNTS | JULY 20, 2023 | Whole Foods Market As grocers look to boost their data-collecting capabilities in stores, Whole Foods Market is rolling out parent company Amazon’s palm payment capabilities across all locations. On Thursday (July 20), Amazon announced that it will roll out...

CFPB: American Workers Saddled by Employer-Driven Debt CFPB: American Workers Saddled by Employer-Driven Debt BY PYMNTS | JULY 20, 2023 | CFPB America’s consumer watchdog says too many workers are falling into TRAPs. That stands for “training repayment agreement provisions,” a form of employer-driven debt the Consumer Financial Protection Bureau (CFPB) says is impeding worker mobility. “Employer-driven debt poses...

Apple Threatens to Remove Messaging Services From UK BY PYMNTS | JULY 20, 2023 | iMessage Apple has reportedly taken a tough stance against the British government’s proposed updates to the Investigatory Powers Act (IPA) 2016. The tech giant has said it will remove its messaging services FaceTime and iMessage from the United Kingdom if the proposals...

Walmart Offers Customers on Government Assistance Walmart+ Discounts BY PYMNTS | JULY 20, 2023 | Walmart is continuing its efforts to court customers who receive government assistance. The retail giant on Thursday (July 20) announced the debut of its Walmart+ Assist program, which offers customers on government assistance half off a monthly or yearly Walmart+ paid...

OnlineCheckWriter.com Launches Automated Positive Pay Service BY PYMNTS | JULY 20, 2023 | business payments B2B payment platform OnlineCheckWriter.com has launched a new security feature. The automated Positive Pay service streamlines cash management and boosts fraud detection for businesses, the company said in a Thursday (July 20) press release. “Our automated Positive Pay service empowers businesses to take...

Equifax Reports Historically Low Credit Card Delinquencies Amid Strong Q2 Performance BY PYMNTS | JULY 20, 2023 | Equifax released its second quarter earnings report on Wednesday (July 20), announcing a “strong” earnings performance despite mortgage interest rates trending upwards since April. In terms of headline numbers, the U.S. consumer credit reporting agency said a...

Finio Launches Credit Aggregation Platform for Powersports Industry BY PYMNTS | JULY 20, 2023 | powersports Finio has launched a credit aggregation platform for leisure marine, powersports, motorcycle, recreational vehicle (RV), truck and other industries. The platform aims to simplify and accelerate the financing process between dealerships, manufacturers, lenders and customers, improving the digital sales and finance...

Robo-Restaurants Are for the Boys BY PYMNTS | JULY 20, 2023 | With automation increasingly catching on in the restaurant industry, PYMNTS research finds that men are twice as likely as women to have any interest in visiting robo-restaurants. By the Numbers PYMNTS’ new exclusive report, “Connected Dining: The Robot Will Take Your Order Now,” which draws...

Tylenol Maker Kenvue Sees Self-Care Surge as Amazon Emerges as Destination for Category BY PYMNTS | JULY 20, 2023 | Aveeno products Despite beating second-quarter revenue and earnings expectations in its first quarterly report since spinning out from Johnson & Johnson two months ago, Kenvue’s shares declined on Thursday (July 20). The company, previously known as J&J’s...

Financial Institutions and Service Providers Welcome Launch of FedNow BY PYMNTS | JULY 20, 2023 | Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Many had new offerings ready to go using the nationwide payments infrastructure, which was the first to be...

Report: CoinDesk to Change Hands in $125 Million Deal BY PYMNTS | JULY 20, 2023 | A syndicate of investors is reportedly poised to take control of cryptocurrency-focused media company CoinDesk. The investor group is led by Matthew Roszak of Tally Capital, a private investment firm focused on crypto and blockchain-based technologies, and Peter Vessenes of...

Twitter Plans to Subpoena Sen. Warren in Legal Battle Against FTC BY PYMNTS | JULY 20, 2023 | Twitter is reportedly planning to issue to subpoena Sen. Elizabeth Warren in connection with its ongoing legal battle against the Federal Trade Commission (FTC). The social media platform plans to issue the subpoena as part of a lawsuit...

Report: Google Pitches ‘Unsettling’ AI Journalism Tool to Newspapers BY PYMNTS | JULY 20, 2023 | Google AI Google is reportedly pitching newspapers a tool that uses artificial intelligence (AI) to craft articles. The tech giant has met with executives from The New York Times, that newspaper reported Thursday (July 20), as well as with The Washington...

Experts Want OpenAI to Open Up its AI Model Architecture BY PYMNTS | JULY 20, 2023 | OpenAI The devil is in the details. And as it relates to artificial intelligence (AI), the details are in the foundational data set — and frequently so is the business model. This, as a new study from Stanford University and UC...