News

B2B Payments
FlexPoint Launches Payments Automation Platform for Managed Service Providers
September 25, 2023

Payments automation platform FlexPoint has announced its public launch to help managed service providers (MSPs) with cash flow.  Founded last year, FlexPoint’s platform helps MSPs increase visibility into their cash flow and save time on manual processes, the company said in a news release Monday (Sept. 25).  “MSPs are...

Biometrics
Mercedes Pay Uses Biometrics to Drive Commerce in the Car
September 25, 2023

In an increasingly digital world, the way we make purchases is evolving. Mobile devices have become an integral part of our lives, and with the rise of online shopping, consumers are looking for secure and convenient ways to validate their transactions. Against this backdrop, the...

Payment Methods
Neem Debuts Embedded Payments Infrastructure for Businesses in Pakistan
September 25, 2023

Banking-as-a-service platform (BaaS) Neem has introduced a payment infrastructure for digital businesses in Pakistan. “Our goal is to address the existing financial wellness gap in Pakistan, and we are doing so by enabling digital businesses to leverage the power of embedded finance,” Nadeem Shaikh, co-founder of Neem, said...

Investments
Dawn Capital Closes $700 Million Fund to Back B2B Software Startups in Europe
September 25, 2023

Dawn Capital has closed a $700 million fund aimed at backing the bustling software market. The British venture capital firm announced the fund Monday (Sept. 25), saying it would use the money to back B2B software companies as the sector continues to expand. “We have...

Artificial Intelligence
OpenAI Says ChatGPT Can Now ‘See’ and ‘Speak’
September 25, 2023

OpenAI said the days of communicating with ChatGPT by typing are coming to an end. The artificial intelligence (AI) company said it is introducing new voice and image capabilities for its generative AI chatbot, letting users have a voice conversation or show the AI what...

B2B Payments
BigCommerce Launches Portal to Streamline B2B Invoice Payment Process
September 25, 2023

BigCommerce has launched its new B2B Edition Invoice Portal, aiming to modernize the invoice payment process for large B2B suppliers, manufacturers, distributors and wholesalers. This new functionality incorporates invoice payments into a centralized online purchasing workflow, providing an enterprise-grade, out-of-the-box invoice payment experience, the open Software-as-a-Service...

eCommerce
Shopify Audiences Adds Integrations With Snap, TikTok and Criteo to Target Customers
September 25, 2023

Shopify Audiences added new integrations with major advertising platforms Snap, TikTok and Criteo. The partnerships expand the reach and efficiency of Shopify Plus merchants, allowing them to target customers more effectively using their preferred advertising networks, Shopify said in a Monday (Sept. 25) blog post....

Artificial Intelligence
OpenAI CEO Sam Altman Worries About AI ‘Under-Regulation’
September 25, 2023

Sam Altman, head of ChatGPT-maker OpenAI, said government artificial intelligence (AI) regulation is nothing to fear. Speaking during a trip to Taipei Monday (Sept. 25), Altman said that while he isn’t very concerned with the world’s governments over-regulating AI, it could happen nonetheless, Reuters reported...

Retail
Will Rebag Get Consignment Right? 
September 25, 2023

In March, The RealReal, revealed that it would be looking to consign its way to near-term profitability. Since its establishment in 2011, this platform dedicated to secondhand goods has not yet managed to generate a profit. While the success of these efforts remains uncertain, the...