Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts of any line of defense. A spate of attacks detailed over the last several days and weeks underscores the urgency...
Oracle has expanded its cloud banking portfolio to help lenders launch new transaction banking offerings. Those offerings, announced Monday (Sept. 18), include cash management, liquidity management, and virtual account management, part of a suite of services designed to help banks bolster visibility, forecasting, and better control liquidity to...
DoorDash is expanding its grocery selection as, across the industry, restaurant delivery services add more retailers in the leadup to Instacart going public. The United States’ leading restaurant aggregator announced Monday (Sept. 18) the addition of eight new grocery partners — CUB, Eataly, El Super,...
Levelpath has raised $44.5 million to launch its artificial intelligence (AI)-powered procurement platform. The company aims to enhance the procurement experience by introducing a procurement platform that is AI-powered and mobile-first, the company said in a Monday (Sept. 18) press release. Levelpath was founded by CEO Alex Yakubovich and...
Alibaba reportedly told Turkey’s president it plans to invest $2 billion in the country. Alibaba President Michael Evans made the remarks in a meeting with Turkish Head of State Tayyip Erdogan, Reuters reported Monday (Sept. 18). It is not clear when the investment would be...
FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors. A lengthy report published Monday (Sept. 18) by FinTech Business Weekly said the company appears to have undertaken a scheme to inflate its booked revenue to present a positive impression for potential...
Citi Treasury and Trade Solutions has unveiled a digital asset solution designed to enhance cash management and trade finance capabilities. By using blockchain and smart contracts, the new Citi Token Services aims to provide institutional clients with “always-on” and programmable financial services, including cross-border payments,...
The artificial intelligence (AI)-driven workplace is taking shape. But as companies look to squeeze efficiencies out of the technology from departments as diverse as marketing, finance, legal and more, they are at times running into a bottleneck: their own human employees. More than 650,000 American...
Amazon is gearing up for its first Prime Big Deal Days event, which will take place from Oct. 10 to Oct. 11. The 48-hour event promises discounts on a wide range of products exclusively for Prime members, including fashion, home goods and toys, the company...
