EBay is finding that its investments in artificial intelligence (AI) are leading to happier customers. On Tuesday (Nov 7), the company revealed during its latest earnings call that its investments in AI have enhanced the way customers perceive its shipping capabilities. “In Q4...
Artificial intelligence (AI) startup Black Ore emerged from stealth after raising $60 million. The company, founded by FinTech entrepreneurs Eyal Shinar and Pavel Kapovski, rolled out its first product, Tax Autopilot, which uses AI to study tax law and simplify tax preparation for accountants, according...
A leading financial regulator in the United States is issuing a warning about stablecoins. Michael Barr, vice chair for supervision at the Federal Reserve, told an audience at a Washington, D.C. FinTech Week event Tuesday (Nov. 7) that stablecoins could function as a form of...
In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. This proposal announced Tuesday (Nov. 7) comes as digital payment apps and wallets,...
The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in King Charles III’s first speech to Parliament, are designed to help the Competition and Markets Authority (CMA) make sure companies like Meta and Google...
Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital to expand its marketplace offerings, strengthen its presence in core markets and enhance user experience, according to a Tuesday (Nov....
San Francisco-based B2B rebate platform Enable has closed a successful Series D funding round, raising $120 million and achieving a valuation of $1.12 billion. The funding round was led by Lightspeed Venture Partners, with participation by Menlo Ventures, Norwest Venture Partners, Insight Partners and Sierra...
A lot can change in a year, just ask OpenAI CEO Sam Altman. Last November, his company launched its ChatGPT product to the public and jumpstarted the generative artificial intelligence (AI) boom, forcing perennial tech leaders like Meta, Google, Amazon and others to play catch-up...
Mangopay, a platform-specific payment infrastructure provider, has announced a new collaboration with Aria, a provider of deferred payment infrastructure for B2B marketplaces and platforms. This partnership aims to equip B2B marketplaces and transactional Software-as-a-Service (SaaS) companies with tools to manage their payments and credit, according to...
