Paymob, an Egypt-based FinTech company, raised $35 million in pre-Series C funding, the company said in a Monday (Sept. 21) post on LinkedIn. Paymob said in the post that it will invest the new funding in “wider payment coverage across our [Middle East and North...
State and local governments are beginning to experiment with artificial intelligence (AI) systems capable of taking actions on their own. According to new guidance issued by the Urban Institute, making sure governance structures in place before those systems become embedded in public services is an...
Amazon blocked Meta’s new personal artificial intelligence agent, Muse, from its eCommerce site, GeekWire reported Sunday (Sept. 20). Meta never informed Amazon that its Muse agent would access the online marketplace, the report said. In addition, the agent does not identify itself as it browses,...
Even digital signatures and contracts have a need for artificial intelligence these days. Case in point: Docusign. It ran large general-purpose AI models on every contract it processed, and at more than 1 million agreements a day the cost and delays became a problem. The...
Instacart has unveiled software designed to let grocers and brands digitally view store shelves in real time. The new solutions, announced Monday (Sept. 21), will “map the entire store down to individual products on shelves,” letting grocers and consumer packaged goods (CPG) brands virtually comb...
Kastle, an agentic AI platform for consumer lenders, has raised $24 million in new funding. The company’s Series A round, announced last week and led by Insight Partners, will help Kastle expand its engineering, product and go-to-market teams, deepen its platforms’ capabilities and accelerate deployments...
Watch more: Digital Shift With Rutgers’ Dr. Amy Murtha It’s quite a time to launch a new medical school. First there are the standard issues of funding and partnerships. Second there’s the wild card of artificial intelligence that makes anything in healthcare rife with opportunities...
Issuers can invest in faster, more precise credit decisions, but those improvements alone may not persuade customers to change how they pay. Cardholders need to see a benefit they can understand and trust, whether that means choosing how to repay a purchase, receiving credit terms...
Global supply chains have always been the operating system of the modern economy. They determine how food reaches supermarkets, how medicines arrive at hospitals, how factories receive components. They are also the place where economic fragility is most visible, as five years of shocks from...