Sainsbury’s is implementing new AI technology at its checkouts to speed up the shopping experience for customers, particularly for items without barcodes like fruits and vegetables. This technology also allows for remote approval of transactions and improved sales forecasting.
PayPal and Adyen have launched Fastlane by PayPal, a new checkout experience designed to improve efficiency and convenience for consumers. Internal data shows Fastlane has significantly improved checkout conversion rates and reduced checkout times. This strategic partnership could be a catalyst for PayPal’s stock recovery, which has already rebounded over 40% from recent lows.
