Phare Health raised 2.5 million pounds (about $3.1 million) in a seed round to expand its artificial intelligence-native financial operating system for healthcare organizations. The London-based startup is focusing first on solving the pain points around medical coding, according to a Wednesday (Nov. 22) post...
TikTok is reportedly turning to GoTo to revive its crucial Indonesian eCommerce business. The two firms are working on a plan — which could be finalized in the next few weeks — that would see TikTok invest in Indonesia-based GoTo’s online shopping arm Tokopedia, Bloomberg News reported Wednesday (Nov. 22),...
Serena Smith, chief client officer at i2c, told PYMNTS that the shift to faster payments and open banking will spur financial institutions to take a close look at their technology stacks. “We’ve been talking about the need for banks to upgrade and update their legacy...
Cloud-based innovations are at the forefront of leveling the playing field for international commercial transactions. That’s why PYMNTS sat down with Paul Chang, Head of Payment Networks at Amazon Web Services (AWS), and Neil Drennan, CTO at Visa Cross-Border Solutions (the business division created after Visa’s acquisition...
The European Commission said Tuesday (Nov. 21) that it has carried out unannounced inspections at the premises of companies involved in the online ordering and delivery of food, groceries and other consumer goods in two Member States. These inspections are part of an investigation into...
Retailers are reportedly bracing for a tough holiday season, with economic demand slowing and outlooks mixed. Despite offering higher discounts and competitive promotions, retailers are uncertain if these measures will be enough to stimulate spending during their most important period of the year, Reuters reported Tuesday (Nov....
Yellow.ai chose Amazon Web Services (AWS) as its preferred cloud provider to run its generative artificial intelligence (AI)-powered voicebot and chatbot solutions. The move will enable Yellow.ai to scale its business globally, the companies said in a Tuesday (Nov. 21) press release. “In the customer...
DoorDash is making beer, wine and spirits delivery available to more locations, as across the industry, leading aggregators compete for consumers’ alcoholic beverage spending. The United States’ leading aggregator announced Thursday (Nov. 16) the expansion of its alcohol delivery business to New Jersey, noting in...
Walmart is beginning to add parcel stations to its stores that serve as delivery hubs. The retailer plans to have over 40 parcel stations in stores by the end of the year, with many operating in time for the holiday season, Walmart said in a...
