During the chaotic holiday season, delays can derail operations. Streamlined logistics, on the other hand, can make peak periods immensely profitable. And as the holiday season peeks its head around the corner, businesses are bracing themselves for the surge in spending — potentially $240.8 billion in the...
Class8, formerly known as FleetOps, has raised $22 million in a Series A funding round to promote its original equipment manufacturer (OEM)-integrated, artificial intelligence (AI)-powered logistics solutions. The company’s platform processes over 1 billion daily data points from 227,000 trucks and uses that data to help trucking...
Banking software provider Temenos says it has begun offering its “on-premises” generative artificial intelligence (AI) to banks. The tool, built with Nvidia’s AI platform, is designed to help lenders glean real-time insights from their data while maintaining control of their information, Temenos said in a...
The U.S. Patent and Trademark Office has reportedly banned staff from using generative artificial intelligence (GenAI). The ban has been in place since last April, with the patent office citing security concerns along with the tendency of some tools to display “bias, unpredictability and malicious...
November 19, 2024
Distribution yards, the critical junctions between warehouse facilities and over-the-road (OTR) transportation, have long stood as bottlenecks in supply chain operations. Each day, millions of trailers and containers pass through these yards — where trucks are loaded, unloaded, and dispatched — with inefficiencies that impact the entire logistics network. Historically, this labor-intensive work has relied […]
November 19, 2024
Embedding AP payment solutions eliminates the friction points that have plagued B2B payments, Finexio Chief Strategy Officer Chris Wyatt writes in a new PYMNTS eBook, “The New Value Equation: 11...
November 18, 2024
A solid fraud prevention strategy includes reducing false positives and ensuring an improved customer experience, Featurespace founder Dave Excell writes in a new PYMNTS eBook, “The New Value Equation: 11...
November 15, 2024
Generative artificial intelligence (GenAI) has become an important tool for CFOs, who view the technology as critical to their organization’s strategic and operational planning. According to a PYMNTS Intelligence report,...
November 19, 2024
Class8, formerly known as FleetOps, has raised $22 million in a Series A funding round to promote its original equipment manufacturer (OEM)-integrated, artificial intelligence (AI)-powered logistics solutions. The company’s platform processes over 1 billion daily data points from 227,000 trucks and uses that data to help trucking businesses optimize their fleet operations, Class8 said in a Tuesday […]
November 19, 2024
Banking software provider Temenos says it has begun offering its “on-premises” generative artificial intelligence (AI) to banks. The tool, built with Nvidia’s AI platform, is designed to help lenders glean...
November 19, 2024
The U.S. Patent and Trademark Office has reportedly banned staff from using generative artificial intelligence (GenAI). The ban has been in place since last April, with the patent office citing...
November 19, 2024
Microsoft and enterprise artificial intelligence (AI) application software company C3 AI have expanded their strategic partnership to accelerate the adoption of enterprise AI on the cloud computing platform Microsoft Azure....