Grab is planning to earmark $150 million for additional research into artificial intelligence (AI), Bloomberg reported on Thursday (Sept. 5). Over the next year, the Southeast Asian ride-hailing startup will advance its developing business, which now offers food delivery, digital payments and digital content. Get...
A new API standard for the pre-authorization of funds is being rolled out by SWIFT, clearing a path for a revolution in financial services enabled by open banking, the company said in a press release on Thursday (Sept. 5). Get the Full Story Complete the...
Railsbank announced it has raised $10 million in a Series A funding round led by Moneta Capital. 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...
B2B2C FinTech company Even Financial announced that it has raised a $25 million strategic round of investment led by Citi Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
To quote the Grateful Dead and their song “Truckin’” — an apt choice for this topic — “What a long strange trip it’s been.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In India, funding activity over the past weeks headed into the end of August showed that eCommerce startups focused on home delivery gained traction, as measured by funding rounds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In some ways, the United States and China exist as mirror images, at least when it comes to economic drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
International Monetary Fund (IMF) Chair Christine Lagarde said financial supervisors and central banks should be more open to cryptocurrencies, even as they protect consumers, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A superior court in Brazil has decided Uber drivers are independent from the company, according to a report by Bloomberg. The decision was handed down unanimously by 10 judges, overturning a previous ruling. Get the Full Story Complete the form to unlock this article and enjoy...
