Ramp Eyes $40 Billion Valuation in New Funding Round

Ramp Eyes $40 Billion Valuation in New Funding Round
Ramp Eyes $40 Billion Valuation in New Funding Round
May 07, 2026  |  Back-office

Financial operations platform Ramp is looking to raise $750 million at a valuation of more than $40 billion, The Wall Street Journal (WSJ) reported Thursday...

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Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe
Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe
May 07, 2026  |  Amazon

Amazon Web Services (AWS) announced in a Thursday (May 7) company blog post a set of tools designed to allow artificial intelligence agents to conduct...

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US and Allies Guarantee Tax-Free Streaming and Software Downloads
US and Allies Guarantee Tax-Free Streaming and Software Downloads
May 07, 2026  |  Cross-border Payments

Nineteen countries, including the United States, have announced an agreement to not impose duties on cross-border electronic transmissions such as streaming music or films and...

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Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
May 07, 2026  |  Investments

San Francisco-based artificial intelligence (AI) startup Fazeshift has secured $17 million in Series A funding to automate accounts receivable (AR) and other financial tasks, bringing...

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ServiceNow, SAP and Workday Make AI Agents Pay to Play
ServiceNow, SAP and Workday Make AI Agents Pay to Play
May 07, 2026  |  Artificial Intelligence

ServiceNow, SAP and Workday are drawing new lines around the customer data stored inside their platforms as external artificial intelligence (AI) agents begin to erode...

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McDonald’s CEO Warns Consumer Sentiment Is Declining
McDonald’s CEO Warns Consumer Sentiment Is Declining
May 07, 2026  |  Earnings

McDonald’s executives warned Thursday (May 7) that consumers are becoming more cautious with their spending as economic uncertainty continues to weigh on household budgets, prompting...

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Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
May 07, 2026  |  Credit Cards

If Colorado’s governor signs a bill that’s now on his desk, the state will prohibit payment card networks from charging an interchange fee, or “swipe...

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Citi Rebuilds Cards Around Affluent Customers and AI
Citi Rebuilds Cards Around Affluent Customers and AI
May 07, 2026  |  Banking

Citi held its Investor Day on Thursday (May 7). Executives laid out a technology-driven growth strategy built on artificial intelligence (AI). Citi is moving AI...

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Amazon Bets Logistics Is the New Cloud
Amazon Bets Logistics Is the New Cloud
May 07, 2026  |  Amazon

Amazon is turning another internal capability into a commercial product. This time, the asset is logistics. Get the Full Story Complete the form to unlock...

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