An estimated 260 million packages were stolen in the U.S. last year. That’s according to delivery company Arrive, which says it hopes to reverse that number, with the help of artificial intelligence (AI) and machine learning (ML) and its mailbox-as-a-service (MaaS) platform. The Indiana-based company...
As grocers look to capture more of consumers’ day-to-day spending than just their food budgets, one upcoming store is going so far as to offer a five-hole putting green. Supermarket operator Jackson Mitchell Holdings announced Friday (Sept. 15) that, next summer, it will open a...
Macy’s plans to hire more than 38,000 seasonal full- and part-time positions for the upcoming holiday season. The positions will be available at Macy’s, Bloomingdale’s and Bluemercury stores, as well as the company’s distribution centers, the retailer said in a Monday (Sept. 18) press release....
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...
