A recent study showed that one in five consumers make auto loan payments in this way Consumers are getting on board with mobile wallets to an increasing degree, not only for making purchases in store, but also for a range of other types of transactions. Convenience makes them popular Among the advantages consumers are enjoying the most about using mobile wallets for a spectrum of applications is that they can use them for managing their finances and for storing sensitive personal identification information, among other data. A recent PYMNTS survey…
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Google is killing its Google Pay mobile wallet app
The tech giant announced that users in the United States will lose access to the app on June 4, 2024. Google has announced that it intends to terminate another application, which will this time take the form of its Google Pay mobile wallet app. The company said the move is a part of its strategy to simplify payment options Users in the United States will stop being able to use the mobile wallet application as of June 4, 2024. Google is aiming to shift Google Pay users over to Google…
Read MoreMeta signs major licensing agreement for Immersion haptic technology
Though the tech has fallen out of fashion for a while, Facebook’s parent company is interested again. Haptic technology isn’t anything new, but it has fallen out of fashion when it comes to the latest virtual reality experiences provided by major players in VR. That said, Meta recently signed a major licensing deal with Immersion Corporation to leverage patents of that nature. The idea is to use the tech to enhance Meta’s XR software, hardware and other products. Immersion Corporation specializes in the development of haptic technology, which it patents…
Read MoreGoogle’s Bard AI chatbot gets a major makeover and rebrand as Gemini
The constant evolution of the technology has led the company to rerelease it in an upcoming launch. The days of Google’s Bard AI chatbot are numbered, as reports indicate the tech giant will be dumping that name and rebranding as Gemini for an upcoming release. The new name was chosen from the powerful artificial intelligence model powering the tech. The new Gemini AI chatbot will be launching in coming days as a premium subscription. It will also be part of a heavier push into smartphones with Googe’s own Pixel 8…
Read MoreArtificial intelligence scientists leave Google to launch their own startup
The startup is called Holistic upon its creation and could focus on developing a new AI model. Two artificial intelligence scientists from DeepMind, Google’s AI subsidiary are reportedly in talks with investors to launch their own AI startup in Paris. According to Bloomberg News, Karl Tuyls and Laurent Sifre are considering the startup over Google. The two artificial intelligence scientists had already announced that they would be leaving DeepMind by the time this article was written. They are in negotiations in a financing round for a startup that could bring…
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