“Build it and they will come.” The sentiment behind that iconic line might be apropos of the startup world, and for FinTechs in particular. Drill down into a particular subset of FinTechs – in this case, personal finance-focused FinTechs – and we see that headwinds...
Snap and Meta may be poised to introduce advanced artificial intelligence-enabled glasses, potentially transforming eCommerce and brick-and-mortar retail experiences. The Information reported that Meta Platforms is on the brink of unveiling next-generation AI-powered glasses, adding credence to the industry rumors. This move and Snap’s anticipated...
Elon Musk’s artificial intelligence startup xAI launched its Colossus 100k H100 training cluster over the weekend. “Colossus is the most powerful AI training system in the world,” Musk said in a post on social platform X. “Moreover, it will double in size to 200k (50k...
Outside of the B2B space, the payment experience has long been recognized as a crucial component of customer satisfaction. Fast, secure, and flexible payment options are standard expectations — and businesses that fail to offer them to their customers often fail to compete. In contrast,...
Rite Aid has announced a leadership transition as it emerges from Chapter 11 bankruptcy. Jeffrey S. Stein has stepped down as CEO and chief restructuring officer, while the company’s executive vice president and chief financial officer, Matt Schroeder, has been appointed CEO, the company said...
Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a few factors that made the company attractive to investors, including the rapidly-growing small and medium-sized enterprise (SME) segment in the...
As bitcoin ATMs have been installed in more locations, they have become a “payment portal for scammers,” the Federal Trade Commission (FTC) said in a Tuesday (Sept. 3) data spotlight. The amount of money consumers lost to scams involving bitcoin ATM machines increased tenfold between 2020 and 2023,...
For Brian Morgan, owner of Couch Potatoes Furniture & Mattress Stores, standing out in a crowd is the company’s collective mission. On Saturday (Aug. 31), Couch Potatoes & Mattress Stores unveiled a pioneering retail and manufacturing concept in Austin, Texas. The company opened a 100,000-square-foot...
Zil Money’s OnlineCheckWriter.com now allows businesses to send checks funded by their credit card or wallet. The addition of this capability is part of an upgrade of its check mailing services, the company said in a Tuesday (Sept. 3) press release. With this service, OnlineCheckWriter.com...
