News

Retail
Chewy Health President: New Veterinary Clinics Complete Petcare Ecosystem 
January 16, 2024

The pet category is booming. Booming more than ever, one could say.   In fact, the global pet care market has reached $235.32 billion and is expected to keep growing from $246.66 billion in 2023 to around $368.88 billion by 2030.  But how did we get here?  The...

Delivery
Uber Closing Down Drizly 3 Years After Acquisition
January 15, 2024

Uber is closing down its alcohol delivery business, Drizly. The move comes three years after Uber bought Drizly for $1.1 billion, Axios reported Monday (Jan. 15), citing Uber’s senior vice president of delivery, Pierre-Dimitri Gore-Coty. “After three years of Drizly operating independently within the Uber family, we’ve decided to close...

Artificial Intelligence
OpenAI to Implement Digital Credentials to Prevent Misuse in Elections 
January 15, 2024

OpenAI is taking steps to prevent the misuse or exploitation of its artificial intelligence (AI) technology in upcoming global elections.  The company is continuously updating its approach to address the challenges associated with the use of AI tools in elections, OpenAI said in a Monday...

Cross-border Payments
Interoperability and Transparency Are Key Challenges as Cross-Border Payments Modernize
January 15, 2024

When three quarters of a given market are dissatisfied with the way things are going, that’s a market ripe for innovation and technology in the service of making things better.  No matter where you look, cross-border payments are tied to hundreds of billions of dollars...

Security & Fraud
Attack Vectors 2024: Scaling Effective Cyber Hygiene Throughout Your Business 
January 15, 2024

Most crimes, especially most cybercrimes, are crimes of opportunity. And faced with a proliferation of simple yet effective attacks from cybercriminals leveraging scalable tactics powered by innovations like generative artificial intelligence (AI), it is the little changes across an enterprise’s defense program that can make a...

Artificial Intelligence
Microsoft Launches Premium Subscription for AI Companion Copilot
January 15, 2024

Microsoft introduced a premium subscription that adds capabilities to its artificial intelligence companion, Copilot. The new Copilot Pro subscription caters to users who want faster access to advanced features and offers a seamless AI experience across devices, the company said in a Monday (Jan. 15)...

Investments
Detected Raises $2.4 Million to Expand Business Onboarding Intelligence Solution
January 15, 2024

London-based FinTech company Detected secured 2.2 million euros (about $2.4 million) in funding for its business onboarding intelligence offering. The capital injection will enable Detected to further develop its technology and implement a growth strategy, EU-Startups reported Monday (Jan. 15). Detected did not immediately reply...

eCommerce
Online Customers’ Shopping Mantra: Faster Shipping, Free Returns
January 15, 2024

The appeal of faster services has become an integral component of the modern eCommerce experience, influencing purchasing decisions and shaping customer expectations. With shipping, for example, the need for speed is now a critical factor, as consumers increasingly prioritize businesses that can deliver their purchases...

Retail
Tulip Debuts Stripe-Powered Payment Integration Tulip Pay
January 15, 2024

Retail solutions provider Tulip has introduced a new payment integration powered by Stripe. “Tulip Pay is a full-featured payment system that’s simple and quick to deploy, easy to maintain, and fully supported by Tulip,” the company said in a Monday (Jan. 15) press release. According to the release, clients can...