The generative artificial intelligence (AI) market for healthcare is valued at more than $1 billion as of 2022, and it is projected to swell to nearly $22 billion by 2032. Technology giants, venture capitalists and private equity firms will play a significant role in that...
Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific factors contributing to The RealReal’s persistent lack of profitability since its establishment in 2011 remain uncertain, it’s worth noting that...
The greatest innovations are those that democratize access to new skills and empower populations. Generative artificial intelligence (AI) promises to be one of those innovations. But a side effect of that democratization is that it can be used by anyone — even criminals and bad...
As biometric payments catch on across industries, restaurants looking to use these technologies to reduce friction in transactions may be best served by fingerprint scan technology, even if facial recognition is more common, PYMNTS Intelligence suggests. By the Numbers PYMNTS’ study “Tracking the Digital Payments...
The payments industry continues to be transformed and remade by the 21st century’s digital shift. And as technical innovations like generative artificial intelligence (AI) continue to push money movement capabilities even further, players from Big Tech and the financial services sector alike are looking to...
Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. This move could triple the total number of small-format stores operated by Macy’s by fall 2025, with the new locations joining the nearly 15...
As restaurants grapple with cost challenges, Krispy Kreme is putting its Insomnia Cookies subsidiary up for sale. On Tuesday (Oct. 3), the donut chain announced that it is “exploring strategic alternatives” for the cookie brand, which has more than 250 locations globally, including the possibility of selling...
Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total raised by the company to $148 million, Stampli announced Tuesday (Oct. 3), saying it plans to further tap into the “massive and...
UiPath has teamed with firm Apprio to offer automated revenue cycle management services to healthcare organizations. The expanded partnership, announced Tuesday (Oct. 3), involves UiPath — maker of artificial intelligence (AI)-powered enterprise automation software — leveraging Apprio’s expertise and capabilities in automating revenue cycle management functions. “We are...