News

Artificial Intelligence
LUMO Labs Backs Autoscriber to Advance Healthcare AI Voice Recognition
September 07, 2021

LUMO Labs is backing Dutch health-tech startup Autoscriber, which specializes in artificial intelligence (AI)-supported voice recognition software that can interpret healthcare consultation between doctors and patients, according to a Tuesday (Sept. 7) press release. Get the Full Story Complete the form to unlock this article...

B2B Payments
B2B Furniture Marketplace Hello Raye Goes 3D
September 07, 2021

The B2B furniture marketplace Hello Raye has launched Snapshots, a web-based tool that lets clients see customized 3D design assets and 4K high-definition renderings in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
Project Dunbar Might Light Match Under US CBDC Efforts
September 07, 2021

Project Dunbar might light a match under central banks outside of Asia to speed up the development of central bank digital currencies (CBDCs) – including the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
New Data Show 4 Ways Corporate Treasurers Streamline D2C Payments Flows
September 07, 2021

When consumers suddenly began replacing their trips to physical stores with visits to digital stores in 2020, many businesses were forced to quickly follow them into the online realm. In their haste to catch up during that uncertain time, some of those businesses were little prepared. Get the Full Story Complete the form to...

B2B Payments
Sustainable Supplier Marketplace Novi Raises $10.3M
September 07, 2021

B2B marketplace Novi has raised $10.3 million in a Series A funding round, Forbes reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

International
Today in Payments Around the World: FAT Brands Opens Ghost Kitchens in Middle East, Western...
September 07, 2021

Today in payments around the world, First Abu Dhabi Bank is selling its stake in payments division Magnanti and PayMyTuition partners with dLocal on international tuition payments. Plus, KYODIA and Western Union team up on cross-border B2B money transfers and FAT Brands is opening 70...

Bitcoin
Bitcoin Daily: El Salvador McDonald’s Locations Allow Crypto Payments; Grupo Elektra Adopts Bitcoin Payments
September 07, 2021

McDonald’s El Salvador will now be accepting bitcoin payments in partnership with bitcoin payment processor OpenNode, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Today In Retail: Walmart on the Cusp of Losing Auto Parts Lead; Consumer Schedules Dictate...
September 07, 2021

In today’s top retail news, Walmart’s lead over Amazon in the auto parts category is all but gone after the box store giant lost 6 percentage points of share in the past year, while PYMNTS research shows how the acceleration of eCommerce has fundamentally changed...

Retail
Today in Restaurant and Grocery Tech: McDonald’s El Salvador Takes Bitcoin; FAT Brands to Open...
September 07, 2021

Today in restaurant and grocery tech news, McDonald’s responded to El Salvador’s move to accept bitcoin as national currency by accepting the cryptocurrency at all its restaurants in the country, while FAT brands announced that it would open 70 virtual kitchens across five Middle Eastern...