News

Faster Payments
Most Retailers Say Real-Time Payments Strengthen B2B Relationships
October 09, 2023

Real-time payments are strengthening B2B relationships, with partners on both sides of the transaction reporting that they benefit from the payment method. Eighty-nine percent of retailers that make real-time B2B payments say they have built stronger buyer-supplier relationships, and 76% of those that receive such...

Investments
Venture Capital Firm Kaszek Raises $1 Billion for Latin American Startups
October 09, 2023

Latin America’s largest venture capital (VC) outfit has reportedly raised $1 billion this year. The Brazilian firm Kaszek is waiting for new deal opportunities to present themselves, and for more mature companies to possibly accept new valuations as their cash runs short, Bloomberg News reported Monday (Oct. 9). Kaszek...

Cross-border Payments
Cross-Border Payments Innovation: Pipe Dream or Right Around the Corner?
October 09, 2023

When it comes to cross-border payments, patience is a virtue — but fees are a reality. That’s because moving money between nations has long been plagued by inefficiencies, high costs and slow transaction times. These intractable problems have for decades hindered the global economy’s flow...

Artificial Intelligence
DUOS Launches AI-Powered Platform to Help Senior Citizens Live Independently
October 09, 2023

Digital health company DUOS introduced a platform that uses artificial intelligence (AI) to connect senior citizens with resources like primary care and transportation. The new DUOS+AI platform is designed to empower older adults to live independently by enhancing their access to necessary services, the Minneapolis-based...

B2B Payments
OnlineCheckWriter and Plexe Team as Businesses Struggle to Find Capital
October 09, 2023

B2B payment platform OnlineCheckWriter.com has teamed with Plexe to help businesses access working capital. The recently announced partnership lets businesses access Plexe’s line of credit after verifying business information and a valid bank, the two firms said. “Users can choose their desired tenure for payment, making it easier than ever to...

Artificial Intelligence
Ukraine’s AI Regulations Set to Debut in 2024
October 09, 2023

Ukraine will unveil artificial intelligence (AI) regulations next year, but not until Europe does the same. The country’s Ministry of Digital Transformation rolled out its roadmap for AI Saturday (Oct. 7), saying it hopes to help businesses with a law that will be similar to...

B2B Payments
Thomson Reuters Launches Platform to Ease eInvoicing Compliance
October 09, 2023

Thomson Reuters has unveiled a centralized platform designed to streamline electronic invoicing management for multinational businesses. The new solution, ONESOURCE E-Invoicing, aims to help businesses comply with eInvoicing regulations that are being mandated around the world, the global content and technology company said in a...

Artificial Intelligence
Google Unveils AI-Powered Search for Medical Professionals
October 09, 2023

Google has debuted artificial intelligence (AI)-powered search capabilities designed for health care workers. Google Cloud customers can sign up to get early access to Vertex AI Search features for health and life science firms, the tech giant announced in a Monday (Oct. 9) company blog...

Retail
Will Nike Refurbished Be a Swoosh for Sneaker Resale?  
October 09, 2023

Despite consumers feeling the pinch on discretionary spending, Nike is witnessing robust direct-to-consumer (D2C) sales. In response, Nike has introduced Nike Refurbished, an online platform that provides a curated range of preowned sneakers.  This release marks an expansion of the Nike Refurbished initiative, which was...