PYMNTS-MonitorEdge-May-2024

software

AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
October 03, 2024  |  Artificial Intelligence

In a whirlwind of investment activity, artificial intelligence companies secured unprecedented funding. OpenAI led the pack at a $6.6 billion raise. Poolside secured $500 million...

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Is Emotion Detection the Next Frontier for AI?
Is Emotion Detection the Next Frontier for AI?
October 03, 2024  |  artificial intelligence

Artificial intelligence is getting better at decoding human emotions, and businesses are using the software to improve customer interactions and drive sales. A new study...

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AI Software Tools Could Streamline and Personalize the Commerce Experience
AI Software Tools Could Streamline and Personalize the Commerce Experience
October 01, 2024  |  Artificial Intelligence

The rise of artificial intelligence in software development is reshaping the commerce landscape, offering faster product launches and more personalized customer experiences. Qodo’s $40 million...

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Cross River and Forward Team on Embedded Payments for SaaS Firms
Cross River and Forward Team on Embedded Payments for SaaS Firms
September 24, 2024  |  Partnerships

Cross River Bank has formed a partnership with embedded payments company Forward. The collaboration is designed to use embedded payments to address payment challenges the companies say are...

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Making Sense of the Great ERP System Cloud Migration 
Making Sense of the Great ERP System Cloud Migration 
September 20, 2024  |  B2B Payments

Enterprise resource planning (ERP) systems have long been the backbone of enterprise businesses. And for too long, these systems — which enable organizations to integrate...

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CSI Buys Overdraft Management Firm Velocity Solutions to Help Banks Grow
CSI Buys Overdraft Management Firm Velocity Solutions to Help Banks Grow
September 18, 2024  |  Acquisitions

Financial technology provider CSI acquired overdraft management software firm Velocity Solutions. “Our customers rely on us to provide the advanced tools and software that drive...

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Brex Launches Embedded Payments Solutions for B2B Software Vendors
Brex Launches Embedded Payments Solutions for B2B Software Vendors
September 18, 2024  |  B2B Payments

Brex has launched an embedded payments solution designed to make it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards. The...

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NASA’s Supply Chain Issues Put Spotlight on B2B Vendor Risk
NASA’s Supply Chain Issues Put Spotlight on B2B Vendor Risk
September 18, 2024  |  Supply Chain

NASA operates one of the most complex supply chains in the world. Its procurement processes span numerous industries, ranging from aerospace and electronics to materials...

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Memo to Lenders: Go Digital or Go Home
Memo to Lenders: Go Digital or Go Home
September 17, 2024  |  Loans

The benefits of swapping analog, manual processes for digital ones are obvious. But that doesn’t mean they don’t bear repeating — especially against a backdrop...

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