Technology is transforming the B2B space, not at a trickle but a flood of new, digital innovation. From accounts payable (AP) and accounts receivable (AR) automation to digital payments solutions and fraud detection advances, a new generation of emergent digital solutions and tools could replace...
Banking technology firm Amount has raised $30 million to expand into the credit union sector. Amount announced the $30 million equity capital raise in a Thursday (Aug. 15) press release that also welcomed Curql, a collective of credit unions jointly investing in FinTech companies, as a new strategic...
In the wake of Mars’ recent acquisition of Kellanova, both companies are navigating a digital landscape to assert their leadership in digital innovation. Mars, a global powerhouse with a diverse portfolio spanning pet care, snacking and food, is committed to enhancing its digital footprint. The...
Stablecoin-centric money transfer app Sling Money has raised $15 million in new funds. Sling’s app combines stablecoin technology “with a user-friendly interface” and integration with fiat payment systems for easier money movement, according to a Thursday (Aug. 15) news release. “With Sling Money, users can easily send money...
Telecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company failed to prevent and report unauthorized access to sensitive data. The Committee on Foreign Investment in the United States (CFIUS) said in an announcement of the enforcement action that T-Mobile...
As artificial intelligence continues transforming an array of industries, Walmart and Amazon are competing to harness generative AI to enhance their retail operations and customer experiences. Both are using the technology to gain a competitive edge, but their approaches highlight distinct strategies and priorities. Walmart,...
EliseAI, an artificial intelligence platform focusing on housing and healthcare, is valued at more than $1 billion after raising $75 million in a Series D round. “Essential industries like housing and healthcare are facing serious operational challenges and financial strain,” Minna Song, co-founder and CEO...
Payments platform Airwallex says its yearly processing volume has exceeded $100 billion. That marks an increase of 73% year over year, the Australian company announced in a Thursday (Aug. 15) press release. The company also noted it has witnessed increasing volumes across all products, such as payments, FX, payouts...
Klarna is reportedly ready to tap Goldman Sachs to help it go public next year. The Swedish buy now, pay later (BNPL) company is in deliberations with the banking giant to help lead its initial public offering (IPO), Bloomberg reported late Wednesday (Aug. 14), citing...
