PYMNTS-MonitorEdge-May-2024

software

SaaS Firm Payabli Raises $20 Million for Product Development, Security
SaaS Firm Payabli Raises $20 Million for Product Development, Security
June 25, 2024  |  Investments

Payment infrastructure solution firm Payabli raised $20 million in a Series A round. The Software-as-a-Service (SaaS) company plans to use the funding to drive product...

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Cyberattack on Software Provider Stalls Out US Car Dealership Sector
Cyberattack on Software Provider Stalls Out US Car Dealership Sector
June 21, 2024  |  Cybersecurity

Software, and digital transformation more broadly, have transformed the business landscape. Nearly every modern business relies on software to run their operations, and digital technology...

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Stellantis Continues Global Rollout of Connected Car Features
Stellantis Continues Global Rollout of Connected Car Features
June 13, 2024  |  Technology

Stellantis is rolling out several software products and connected features for its vehicles around the world. The automaker, whose 14 brands include Chrysler, Fiat and...

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AccountsIQ Raises $65 Million to Embed AI in Accounting Platform
AccountsIQ Raises $65 Million to Embed AI in Accounting Platform
June 13, 2024  |  Investments

AccountsIQ secured 60 million euros (about $65 million) in a Series C investment to support continued product development and to embed artificial intelligence throughout its...

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Epicor Adds Product Information Management Capabilities With Kyklo Acquisition
Epicor Adds Product Information Management Capabilities With Kyklo Acquisition
June 12, 2024  |  Acquisitions

Epicor acquired Kyklo to further its aim of providing businesses with “easy-to-use, practical, outcome-focused and responsible AI.” The acquisition will add Kyklo’s product information management...

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Regions Bank Launches Digital Payments Solution Powered by BILL
Regions Bank Launches Digital Payments Solution Powered by BILL
June 12, 2024  |  B2B Payments

Regions Bank has launched a new digital payments solution designed to streamline payment and billing processes for its commercial clients. Powered by BILL’s financial operations...

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Musk’s xAI Plans Spotlight Tesla’s Autonomy Challenges
Musk’s xAI Plans Spotlight Tesla’s Autonomy Challenges
June 05, 2024  |  Artificial Intelligence

For as long as cars have existed, entrepreneurs have chased the dream of autonomous vehicles. Self-driving vehicles, across commercial, personal and industrial use, have the...

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UK Neobank Starling Will Not Reapply for EU Banking License
UK Neobank Starling Will Not Reapply for EU Banking License
June 05, 2024  |  Banking

United Kingdom neobank Starling reportedly does not plan to reapply for a European Union banking license. Instead, the company will try to expand internationally via...

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Microsoft and Hitachi Form Multibillion-Dollar AI Agreement
Microsoft and Hitachi Form Multibillion-Dollar AI Agreement
June 04, 2024  |  Partnerships

Microsoft has announced a multi-billion-dollar AI-focused partnership with Japan’s Hitachi. The collaboration is designed to use generative artificial intelligence (AI) to fuel the growth of Hitachi’s...

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