Temenos has introduced a secure solution that uses generative artificial intelligence (AI) to deliver personalized banking experiences by automatically classifying customers’ banking transactions. The tool aims to enhance digital banking experiences, provide personalized insights, and improve customer loyalty through more relevant products and offers, Temenos...
As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in the leadup to the rival’s planned initial public offering (IPO). According to Barron’s, Xu said Tuesday (Sep. 5) at Goldman...
Amazon has accused a pair of social media influencers of promoting counterfeit goods. In a lawsuit filed Wednesday (Sept. 6), the eCommerce giant accuses Kamryn Russell, Ashley Hawat and unnamed co-conspirators of intentionally trying to get around Amazon’s brand protection systems to sell fake versions of...
Wayflyer, a revenue-based financing and growth platform for eCommerce businesses, has secured $1 billion dollars in financing from investment management firm Neuberger Berman. This off-balance sheet program will enable Wayflyer to deploy capital to its extensive network of over 3,000 eCommerce merchants globally, the company said...
Emagia has launched a generative artificial intelligence (AI) solution designed specifically for finance operations executives. The new GiaGPT aims to transform the way finance professionals interact with their enterprise finance reports, data and documents, the provider of autonomous finance solutions said in a Wednesday (Sept. 6) press release. GiaGPT...
Amid a seemingly overwhelming array of nutrition bar options in stores and via direct-to-consumer (D2C) channels, Mosh is touting brain benefits in an effort to win customers in the highly competitive space. In an interview with PYMNTS, Patrick Schwarzenegger, CEO of the snack brand, which...
Atlanta-based FinTech company Momnt has raised $15 million to grow its lending and financing platform. Since its launch in 2020, Momnt has expanded its presence in the point-of-sale (POS) financing sector, beginning in the home improvement industry and then expanding into other verticals, the company said in a Wednesday...
Intuit is using generative artificial intelligence (AI) to help small businesses make decisions. The company, owner of TurboTax, Credit Karma and Quickbooks, debuted Intuit Assist, an AI-powered tool for its small business customers, according to a Wednesday (Sept. 6) press release. “Embedded across Intuit’s platform and products with a common user...
While beauty brands have ventured into the realm of hospitality, looking to get a slice of the travel boom, hospitality brands are also seeking to establish a stronger presence with those who aren’t traveling by allowing consumers to recreate the experiences in the comfort of...
