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Amazon-Backed AI Startup H Raises $220 Million for ‘Full AGI’
Amazon-Backed AI Startup H Raises $220 Million for ‘Full AGI’
May 21, 2024  |  artificial intelligence

French startup “H” has raised $220 million for its goal of building artificial general intelligence. The company — led by a group of Google DeepMind...

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Robinhood Introduces Lower Margin Rates, Targets More Advanced Investors
Robinhood Introduces Lower Margin Rates, Targets More Advanced Investors
May 21, 2024  |  financial apps

Robinhood has introduced new, lower margin rates that it said are the lowest among leading brokerages. The rates vary based on the customer’s total margin balance...

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Walmart Debuts Expanded Versions of Neighborhood Market
Walmart Debuts Expanded Versions of Neighborhood Market
May 21, 2024  |  Walmart

Walmart has introduced an expanded take on its Neighborhood Market stores. The retail giant is in the midst of opening or converting more than 150 stores in...

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Capchase Secures $114 Million to Provide Funding for SaaS Businesses
Capchase Secures $114 Million to Provide Funding for SaaS Businesses
May 21, 2024  |  Startups

Capchase received a 105-million-euro (about $114 million) credit facility warehouse led by Deutsche Bank to support flexible financing for software-as-a-service (SaaS) businesses in the United Kingdom and Europe....

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Opus Technologies Launches Payment Integration Framework for Financial Institutions
Opus Technologies Launches Payment Integration Framework for Financial Institutions
May 21, 2024  |  Payments Innovation

Opus Technologies has launched a payment integration framework designed for financial institutions. The new Paysemble helps financial institutions simplify technology adoption, migration and integration and ensure seamless operations,...

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OneStock Raises $72 Million to Expand Order Management System
OneStock Raises $72 Million to Expand Order Management System
May 21, 2024  |  Investments

OneStock has raised $72 million to fuel the international expansion of its order management system (OMS). With this investment from global growth equity investor Summit Partners, the...

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Swift Unveils New Cross-Border Payment Tracking Solution
Swift Unveils New Cross-Border Payment Tracking Solution
May 21, 2024  |  B2B Payments

Swift has unveiled new ways for financial institutions to streamline cross-border payments for corporate customers. The financial messaging service said it is doing this “by extending...

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Amex Teams With Emburse to Offer Virtual Card Issuance
Amex Teams With Emburse to Offer Virtual Card Issuance
May 21, 2024  |  B2B Payments

American Express (Amex) has teamed with travel and expense software provider Emburse. According to an Amex news release on Tuesday (May 21), customers can now connect their...

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European Council Approves AI Act, Says It Sets Global Standard
European Council Approves AI Act, Says It Sets Global Standard
May 21, 2024  |  artificial intelligence

The European Council (EC) has approved the Artificial Intelligence (AI) Act, saying this law is the first of its kind in the world and may set a global...

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