Without the limits of physical shelf space, direct-to-consumer (D2C) brands can offer a wider range of products that may be more niche or less universally appealing, allowing for greater personalization. Sophia Edelstein, co-CEO and co-founder of D2C customizable glasses brand Pair Eyewear, discussed in a...
The pristine lawns of Wimbledon are now home to more than just world-class tennis. This year, the All England Lawn Tennis Club deployed a new ally in its fight against online harassment: artificial intelligence. The move mirrors a broader trend across industries as organizations grapple...
Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide the $2.3 billion it had raised into two funds: $800 million earmarked for early-stage startups and the remainder for latter-stage companies....
Google DeepMind introduced a new artificial intelligence training method designed to reduce computing costs and energy consumption, potentially impacting the economics of AI development and its applications in online commerce and global customer support. The new technique, called JEST (joint example selection), reportedly delivers a...
A European Central Bank board member is warning of threats tied to shadow banking. In an interview with the Financial Times published Wednesday (July 10), Elizabeth McCaul said the growth of hedge funds, private credit providers and other sources of financing outside the regulated banking system is the largest threat to...
Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens. Calling them “the magic behind payments,” Valeri Vanourek, vice president of digital products at Discover® Global Network, told PYMNTS in an interview that tokenization is emerging as a double-duty asset for...
Esker has expanded its Source-to-Pay (S2P) platform to include new features focused on helping businesses comply with environmental, social and governance (ESG) regulations worldwide. These features are designed to help chief financial officers (CFOs) manage continually evolving regulatory frameworks, mitigate risk and enhance visibility, reporting and...
Captions has raised $60 million in a Series C funding round to invest in its generative artificial intelligence (GenAI) platform for creating and editing video. The company will use the new funding to grow its machine learning (ML) team and continue investing in its in-house...
B2Broker has launched a turnkey solution designed to help enterprises create and develop their proprietary trading (“prop trading”) firms. The new solution, B2Prop, is designed to help prop trading firms, crypto and foreign exchange (FX) brokers and multi-asset brokerage houses diversify their products and expand their...
