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TechBullion
1w
227
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Alrite Revolutionizes TikTok E-commerce with Strategic MCN Alliance
- Alrite has established strategic partnerships with leading TikTok talent agencies and MCNs specializing in e-commerce and entertainment content.
- The alliances aim to enhance the capabilities of creators in the interest-based commerce sector, as TikTok Shop is projected to process over $50 billion in gross merchandise value this year.
- The collaboration introduces AI-driven solutions for creators, resulting in increased engagement rates and improved conversion metrics.
- The partnership will set new standards for creator-driven commerce in the evolving TikTok marketplace.
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Pymnts
1w
136
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FTC Alleges AccessiBe Made Deceptive Claims About Web Accessibility Tool
- The Federal Trade Commission (FTC) has accused accessiBe of making deceptive claims about its web accessibility tool and failing to disclose its material connections to online reviewers.
- The FTC aims to require accessiBe to pay $1 million to settle the allegations, along with prohibiting the company from engaging in the alleged illegal conduct.
- AccessiBe sells an AI-powered web accessibility software plug-in called accessWidget, claiming it can make any website compliant with Web Content Accessibility Guidelines (WCAG).
- The FTC's complaint states that accessiBe's tool did not make all user websites WCAG compliant and that the company deceptively presented third-party articles and reviews as independent opinions without disclosing material connections.
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TechBullion
1w
329
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The Rise of Biometrics: How Fingerprints and Face Recognition are Changing Security
- Biometrics is emerging as the unsung hero of our digital age as innovative biometric solutions are transforming how businesses safeguard sensitive data and streamline user experiences.
- Biometric technology is making waves across various sectors, such as banking and healthcare, offering enhanced security and convenience.
- Biometric authentication offers several compelling advantages over traditional methods such as enhanced security by utilizing unique biological traits that are nearly impossible to replicate or forge.
- Moreover, these technologies often provide detailed logs of access attempts and usage patterns which is invaluable to identify suspicious activities and improve overall security measures.
- The rise of biometric technology brings both excitement and skepticism as society navigates its implications on privacy and reliability.
- Biometric technology started with fingerprints and advancements led to iris scanning and facial recognition systems at airports.
- Biometric systems are not just limited to high-security environments; they're becoming commonplace in everyday life–smartphones unlock with a glance while airports utilize face recognition for swift passenger processing.
- Privacy concerns regarding data collection and potential biases within algorithms must be addressed to ensure acceptance among users.
- Artificial intelligence plays a crucial role in enhancing biometric systems and enables real-time analysis, improving the accuracy of facial recognition software.
- Secure authentication methods like biometrics hold immense potential for enhancing safety in our increasingly digital world.
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TechBullion
1w
248
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Identity Theft Protection: Staying Ahead of Threats in the Digital World
- The shadow of identity theft looms larger than ever as our lives are increasingly lived online.
- Understanding the risks associated with identity theft is crucial in safeguarding our personal information and peace of mind.
- Identity theft is a widespread issue that transcends borders and demographics.
- There are various types of identity theft, each targeting different aspects of personal information.
- Identity thieves use a variety of tactics to exploit unsuspecting victims, including phishing emails, social engineering tactics, and data breaches.
- Identity theft can have devastating financial consequences, affecting credit scores, loan approvals, and rental applications.
- Strengthening passwords, safeguarding personal information both online and offline, and updating software are essential for protecting personal data.
- Credit monitoring services, proxy servers and VPNs, and anti-virus software act as essential tools for safeguarding online identity.
- Shredding documents containing personal information, being wary of suspicious emails and calls, and regularly checking credit reports also aid in preventing identity theft.
- If you suspect identity theft, gather relevant information, contact your bank and credit card companies, file a police report, and place a fraud alert on credit reports.
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Pymnts
1w
68
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FTC Approves Final Order Against AI-Enabled Consumer Review Platform Sitejabber
- The FTC has approved a final order against Sitejabber, an AI-enabled consumer review platform.
- Sitejabber is prohibited from making or facilitating misrepresentations about ratings and reviews.
- The company collected consumer ratings and reviews before the consumers experienced the product or service.
- Sitejabber has made changes to address the FTC's concerns and chose to settle.
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Pymnts
1w
85
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Surge in Brick-and-Mortar Commerce Will Spur POS Innovation
- The rebound of in-store browsing and buying has led to a surge in brick-and-mortar commerce.
- Merchants need to enhance their point-of-sale (POS) experiences and technologies to accommodate customer preferences and enable digital features.
- Foot traffic in stores has increased, with customers using a combination of digital features while shopping.
- POS systems are evolving, with portable options such as tablets and mobile devices gaining popularity and contactless payments becoming more prevalent.
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Pymnts
1w
211
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Is Enterprise AI the Prescription for Back-Office Bottlenecks?
- Artificial intelligence (AI) is emerging as a force within business process enhancement, automating repetitive tasks and complex processes in the finance function.
- The back office, which has been overlooked in conversations about innovation, is now undergoing digital transformation to streamline operations and improve decision-making.
- AI offers a solution by automating tasks, enhancing accuracy, and delivering real-time insights, benefiting both large companies and small and medium-sized businesses (SMBs).
- Adoption of AI in the back office faces challenges related to cultural inertia and perceived complexity, but 75% of CFOs plan to increase their AI investment.
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Pymnts
1w
265
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Microsoft to Invest $80 Billion in AI-Focused Data Centers Amid ‘Golden Opportunity’
- Microsoft plans to invest $80 billion in AI-focused data centers to power the development and use of artificial intelligence.
- More than half of this investment will be deployed in the United States.
- Microsoft also aims to train 2.5 million Americans with AI skills.
- The company advocates for an export strategy to promote American AI globally.
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Pymnts
1w
346
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Report: Uniqlo and 7-Eleven Earnings Reports Expected to Describe Challenges
- Uniqlo parent company Fast Retailing and 7-Eleven operator Seven & i Holdings are expected to face challenges in their latest earnings reports.
- Fast Retailing may report a softening in operating profit growth due to lower sales of winter clothing and higher store rents.
- Seven & i Holdings may report a third consecutive quarter of declining operating profits, despite improved global in-store same-store sales.
- Samsung Electronics is expected to report a recovery in operating profit driven by demand for AI chips, while Tata Consultancy Services is forecasted to report high profit growth due to increased demand for software services.
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Pymnts
1w
201
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This Week in Web3 Innovation: Crypto Policies, Payments and Stablecoins
- Bitcoin, the first cryptocurrency in the world, could double its $100,000 record high and reach $200,000 in 2025 as institutional interest, regulatory clarity and mainstream utility are driving forces that could shape this potential trajectory.
- Regulation, long seen as crypto's biggest hurdle, could become the catalyst for the industry with the Securities and Exchange Commission approving bitcoin ETFs and robust regulations for crypto companies looking to shed their 'Wild West' image and enter the financial mainstream.
- Crypto is continuing its march toward mainstream adoption, with its role in enterprise finance growing, particularly with cross-border payments, as blockchain technology emerged as a key enabler, offering transparency, speed, and cost efficiency.
- For crypto to sustain its momentum, it must deliver on its promise of utility by focusing on real-world applications that enhance transparency, reduce costs, and improve efficiency.
- Crypto adoption is taking root in the Middle East, where partnerships are more than localized efforts and rather signals of crypto's global ambitions.
- Stablecoins are playing a pivotal role as a bridge between traditional finance and digital currencies, and their role is becoming more pronounced as newer solutions, such as Frax Finance's frxUSD stablecoin, offer unprecedented transparency and custody.
- KuCoin's solution designed to bring cryptocurrency payments into the retail sector will allow customers to complete purchases by scanning a QR code or using its app.
- Meanwhile, cryptocurrencies are increasingly used to make international payments beyond western sanctions, specifically in Russia as businesses reportedly use bitcoin and other cryptocurrencies.
- However, crypto's role in avoiding regulations remains one of its persistent knocks as domestic regulatory dynamics surrounding crypto in the U.S. has even led to banks cutting ties with customers on the political right or with industries such as the cryptocurrency sector.
- Finally, the acquisition of Arbelos Markets will strengthen investment firm FalconX's position among cryptocurrency derivatives dealers, driven by the growth of exchange-traded funds (ETFs) and derivatives markets and positive regulatory momentum.
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TechCrunch
1w
393
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Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays
- On December 27, Bench, an accounting and tax startup, abruptly shut down its website leaving thousands of small business owners unable to log into their accounts right as tax season was starting.
- Bench’s entire website was offline except for a notice that Bench had shut down after 13 years of operation.
- Bench’s hundreds of staff found themselves laid off effective immediately without any severance or notice.
- One reason for the company’s struggles was a push to embrace AI and other automation tools in recent years, according to some staffers.
- Execution issues were compounded by tumult in Bench’s executive suite.
- Bench’s first CEO, co-founder Ian Crosby, left in 2021 a few months after Bench raised a $60 million Series C round.
- Bench’s second CEO was Jean-Philippe Durios, who had previously served as CFO.
- Bench switched CEOs yet again in November 2024, bringing in Adam Schlesinger, an executive-in-residence at VC firm Inovia Capital, one of Bench’s investors.
- By that point, a decision was made to sell the company, according to Schlesinger.
- Employer.com had announced its planned acquisition of Bench for an undisclosed price.
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TechCrunch
1w
114
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These fintech companies are hiring in 2025 after a turbulent year
- The fintech segment had a rough year in 2024, but many companies are still hiring.
- Though the funding pace has slowed, there are still plenty of open positions in fintech.
- TechCrunch has compiled a list of fintech companies that are currently hiring.
- The list includes companies like Addition Wealth, Airwallex, Adyen, Brex, and many more.
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Pymnts
1w
47
Image Credit: Pymnts
Report: E-Trade Considers Adding Crypto Trading
- E-Trade, the online stock trading arm of Morgan Stanley, is reportedly considering adding cryptocurrency trading.
- The move would make E-Trade one of the largest mainstream financial firms to offer crypto trading.
- E-Trade expects the regulatory environment to be more friendly to crypto under President-elect Donald Trump.
- Approval from the Federal Reserve and other regulators would be required for E-Trade to add crypto trading.
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TechBullion
1w
256
Image Credit: TechBullion
Why These 4 Best Coins to Join in January 2025 Could Be Game-Changers for Your Portfolio
- Qubetics ($TICS) addresses the persistent issues in global finance—cross-border payments through blockchain-powered network that facilitates fast, secure, and cost-effective transactions across borders. Currently in 15th stage, the $TICS presale is a major highlight for those seeking reliable opportunities.
- Avalanche uses a unique consensus mechanism and has established itself as a leading platform for decentralised applications, offering unmatched scalability and transaction speed. Avalanche’s ability to support subnets has further boosted its appeal.
- Stellar blockchain network is designed to connect banks, payment systems, and people, enabling fast and affordable cross-border transactions. For unbanked populations in developing regions, Stellar is a lifeline, offering access to financial services that were previously out of reach.
- Hedera Hashgraph has positioned itself as a leader in enterprise blockchain technology. It uses a hashgraph consensus algorithm, which allows for faster, more secure, and highly efficient transactions. Hedera has also gained traction in the tokenisation of assets.
- Qubetics ($TICS) offers a practical solution to cross-border payment issues coupled with an impressive presale trajectory making it one of the best coins to join in January 2025. Avalanche’s advanced technology and practical applications make it a standout among the best coins to join in January 2025. Stellar’s focus on financial inclusion and cross-border payments aligns perfectly with global needs, earning it a spot among the best coins to join in January 2025. Hedera Hashgraph’s enterprise-focused solutions and innovative technology make it a strong contender among the best coins to join in January 2025.
- Qubetics, Avalanche, Stellar, and Hedera Hashgraph bring unique solutions to scalability, financial inclusion, and enterprise blockchain needs.
- If you’re looking for the best coins to join in January 2025, these four projects offer a mix of practicality and growth potential, making them worth a closer look.
- As the market continues to evolve, now’s the time to explore these game-changing opportunities and make your next move count.
- Qubetics links: https://qubetics.com/
- Telegram: https://t.me/qubetics
- Twitter: https://twitter.com/qubetics
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Pymnts
1w
291
Image Credit: Pymnts
US Sanctions Chinese Government Contractor Employing Flax Typhoon Hackers
- The United States imposed sanctions on Beijing-based cybersecurity company Integrity Technology Group.
- Integrity Tech, a People's Republic of China government contractor, was involved in malicious botnet operations targeting U.S. victims.
- The company created a botnet that infected more than 200,000 consumer devices worldwide.
- The U.S. government will continue to safeguard critical infrastructure from cyber threats.
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