AI

PayPal Expands Stablecoin to 70 Markets, Enhancing Accessibility

PayPal's new stablecoin launch facilitates broader global access for users.Highlights: PayPal introduces stablecoin to 70 global markets.This move enhances financial access for diverse users.Stablecoin integration aims to simplify digital...

Finastra appoints Chris McClellen as Global Head of AI

McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen...

Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition

Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin...

CFIT Strengthens Digital Identity Solutions for Businesses

New regulations aim to streamline company verification processes.Highlights: CFIT has introduced measures for improved digital identities.Changes aim to...

AI-Based Loan Origination Platform Fuse Secures $25 Million in Funding

Funding will enhance Fuse's AI-driven lending solutions for financial institutions.Highlights: Fuse raises $25 million to boost its AI-powered...
spot_img

Fulfillment is still hot, as GreyOrange raises $135M

Over the last few years, I’ve asked countless people in the robotics space “what comes next after warehouse/fulfillment?” The already popular category got red...

Meltwater, the media monitoring startup, gets a $65M investment from Verdane

Meltwater, which first made its name around media monitoring and then got active in business intelligence using AI and big data analytics techniques, is...

Top robotics names discuss humanoids, generative AI and more

Last month, I took an extended break. In a bid to keep my robotics newsletter Actuator (subscribe here) up and running, however, I reached...

Y Combinator-backed Intrinsic is building infrastructure for trust and safety teams

A few years ago, Karine Mellata and Michael Lin met while working at Apple’s fraud engineering and algorithmic risk team. Both engineers, Mellata and...

IBM to acquire StreamSets and WebMethods from Software AG for $2.3B

IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG. The all-cash...

Dog cancer treatment ImpriMed aims to expand its AI technology into human oncology

ImpriMed, a California-based precision medicine startup, builds AI-powered dog cancer treatment technology that helps veterinarians identify the most suitable drugs for individual canine and...

Rite Aid banned from using facial recognition software after falsely identifying shoplifters

Rite Aid has been banned from using facial recognition software for five years, after the Federal Trade Commission (FTC) found that the U.S. drugstore...

Dutch neobank Bunq launches self-built GenAI platform for customers

Bunq's New GenAI Platform: FinnDutch neobank Bunq, the second largest in Europe, unveils GenAI platform called Finn. Finn replaces the app's search...

News publisher files class action antitrust suit against Google, citing AI’s harms to their bottom line

A new class action lawsuit filed this week in the U.S. District Court in D.C. accuses Google and parent company Alphabet of anticompetitive behavior...
spot_img