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KeyBank Launches Virtual Account Management Solution for Treasury Clients
KeyBank Launches Virtual Account Management Solution for Treasury Clients
May 07, 2024  |  Banking

Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. The new Key Virtual Account Management (KeyVAM) solution is designed...

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BigCommerce Unveils Open Source Version of B2B Buyer Portal
BigCommerce Unveils Open Source Version of B2B Buyer Portal
May 07, 2024  |  eCommerce

BigCommerce has debuted an open-source version of its business-to-business (B2B) Buyer Portal platform. The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative...

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TikTok and ByteDance File Suit Challenging Constitutionality of Ban
TikTok and ByteDance File Suit Challenging Constitutionality of Ban
May 07, 2024  |  Legal

TikTok and its parent company ByteDance filed a lawsuit Tuesday (May 7) asking the court to review the constitutionality of a law that requires ByteDance to sell TikTok’s...

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Report: Microsoft Develops Internet-Free AI Model for Spy Agencies
Report: Microsoft Develops Internet-Free AI Model for Spy Agencies
May 07, 2024  |  artificial intelligence

Microsoft has reportedly built a generative AI model designed for U.S. intelligence agencies. The development marks a milestone in the artificial intelligence (AI) sector, in that officials...

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Private Equity Firms Considering Buyout of Peloton
Private Equity Firms Considering Buyout of Peloton
May 07, 2024  |  Acquisitions

Private equity firms have reportedly been considering a buyout of Peloton. At least one firm has talked with Peloton about going private, and a number...

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Cloud Security Firm Wiz Valued at $12 Billion After Funding Round
Cloud Security Firm Wiz Valued at $12 Billion After Funding Round
May 07, 2024  |  Investments

Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. Co-founder and CEO Assaf Rappaport discussed the funding in a Tuesday (May 7) interview...

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American Express GBT: Global Multinationals Increase Their Business Travel
American Express GBT: Global Multinationals Increase Their Business Travel
May 07, 2024  |  B2B Payments

American Express Global Business Travel (Amex GBT) saw global multinational customers increase their business travel during the first quarter. The growth in travel by these companies outpaced that...

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Revolut Debuts Crypto Exchange for Professional UK Traders
Revolut Debuts Crypto Exchange for Professional UK Traders
May 07, 2024  |  News

British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders.  Revolut X, announced Tuesday (May 7), is designed to compete with other...

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Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
May 07, 2024  |  Earnings

Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and...

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