When CVC Capital Partners put Greek eCommerce platform Skroutz up for sale earlier this year, it skipped investment bankers and used artificial intelligence to run the process instead, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...
U.K.-based remittance provider ACE Money Transfer has launched a cross-border payments partnership with Visa. 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, PYMNTS...
Auger raised $50 million in a Series B funding round to accelerate its build of an autonomous operating system for supply chain operations, Auger Founder and CEO Dave Clark said in a Thursday (July 9) post on LinkedIn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Gauntlet Networks, a digital asset risk and optimization firm, raised $125 million in a Series C funding round to support its continued development into a global organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In 1865, English economist William Stanley Jevons observed that improving the efficiency of steam engines increased Britain’s coal consumption instead of reducing it. More efficient engines made coal-powered production cheaper, so more industries adopted it and expanded operations. Over 160 years later, Jevons’ observation, now...
Amazon Business now offers Prime Business customers in Spain some new artificial intelligence-powered features, according to a Monday (July 13) press release translated by Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Small businesses do not need another financial dashboard. They need someone to notice that cash is running low before payroll is due, that a customer is paying later than usual or that too much money is sitting idle in the wrong account. Get the Full...
America’s banking giants are reportedly increasing their use of digital assistants to increase their productivity. 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,...
This week in the Prompt Economy, the spotlight is on how AI is reshaping local and federal government. One of the most dramatic examples surfaced this week in the U.S. heartland. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
