News

Artificial Intelligence
Google Unveils AI-Powered Search for Medical Professionals
October 09, 2023

Google has debuted artificial intelligence (AI)-powered search capabilities designed for health care workers. Google Cloud customers can sign up to get early access to Vertex AI Search features for health and life science firms, the tech giant announced in a Monday (Oct. 9) company blog...

Retail
Will Nike Refurbished Be a Swoosh for Sneaker Resale?  
October 09, 2023

Despite consumers feeling the pinch on discretionary spending, Nike is witnessing robust direct-to-consumer (D2C) sales. In response, Nike has introduced Nike Refurbished, an online platform that provides a curated range of preowned sneakers.  This release marks an expansion of the Nike Refurbished initiative, which was...

Retail
Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose
October 09, 2023

Why do so many shoppers like Target or Walmart? For some, it’s considered a nearby oasis that offers affordable prices on a diverse range of products. From groceries to clothing and electronics, these big format retailers provide a one-stop seamless shopping experience.   However, in light...

Banking
Metro Bank Secures $1.1 Billion From Investors
October 08, 2023

England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. As Bloomberg News reported Sunday (Oct. 8), the funding package is comprised of a £325 million capital raise, comprising £150 million ($183 million) of new equity and £175 million ($213 million) in new MREL...

Retail
Can At-Home Café Brews Fill the Coffee Shop’s Cup?
October 07, 2023

You wake up on a lazy Saturday morning, and instead of rushing out the door to your favorite coffee shop, you simply stroll into your kitchen. With a bag of coffee beans on hand, you can easily brew your favorite cup of Joe, all while...

CFPB
CFPB Director Calls for Stronger Data Protections
October 06, 2023

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and financial censorship.  In a Friday (Oct. 6) speech at the Brookings Institution, Chopra emphasized the need for stronger protections against the...

B2B Payments
CFOs Must Address AP and AR as Interest Rates May Rise Again
October 06, 2023

The jobs report has come in, and the Federal Reserve looks set to boost interest rates again. For chief financial officers and finance executives, time is of the essence in examining and improving the two sides of what might be termed the cash flow “coin.”...

Artificial Intelligence
This Week in AI: Deepfakes, Devices and Data Developments
October 06, 2023

It is almost generative artificial intelligence’s first birthday. Next month, it will have been a full calendar year since OpenAI first launched its ChatGPT product and spurred the creation of an entirely new and rapidly evolving industry — the AI sector. The technology has come...

eCommerce
Amazon Lowers Grocery Delivery Threshold as Retailers Tinker With Fees
October 06, 2023

As major retailers struggle to strike the balance between winning grocery delivery customers from competitors and boosting margins per order, Amazon continues to adjust its free delivery minimum for its Prime subscribers. The eCommerce giant announced Thursday (Oct. 5) that it has lowered the threshold...