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...
More than 100 institutions are now actively participating on the Federal Reserve’s FedNow® Service network, which launched in July. There are now 108 financial institutions sending and receiving on the network, 21 institutions providing liquidity and settlement services, and 20 service providers supporting payment processing in the...
Training data is the key competitive moat when it comes to generative artificial intelligence (AI). The winner-take-most dynamics of digital tech’s operational ecosystem create network effects that frequently play out across, and are captured by, huge platforms where products and services become more valuable with...
Loop, a transportation logistics startup, has secured $35 million in a Series B funding round to grow its modern audit and payment platform for the supply chain. The company will use the new funding to continue building its solutions for the “next-gen supply chain,” Loop...
Bringg has launched its Delivery Management Platform on Google Cloud Marketplace to help retailers and eCommerce enterprises optimize their last-mile delivery process. By deploying Bringg’s solution portfolio, companies using Google Cloud will be able to dynamically manage internal fleets, expand delivery capacity, reduce costs and provide branded customer...
Boohoo Group saw its shares fall Tuesday (Oct. 3) as it revised its earnings and revenue forecasts. The U.K.-based fast-fashion retailer’s strategy of lowering prices to attract cash-strapped shoppers has resulted in a decline in revenue, Bloomberg reported Tuesday. Boohoo Group revised its full-year sales forecast Tuesday, anticipating...
Retail crime isn’t solely affecting the United States; it’s also a burgeoning concern on the other side of the Atlantic. On Sunday (Oct 1), 88 U.K. retailers united to endorse a letter drafted by the British Retail Consortium (BRC). This letter was addressed to Home...
A top European Union official is warning against letting “dystopian” fears govern artificial intelligence (AI) rulemaking. Věra Jourová, the European Commission’s vice president for values and transparency, said in an interview with the Financial Times (FT) Tuesday (Oct. 3) that paranoia in AI regulation could...
