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China Calls for Limits on Facial Recognition Tools
China Calls for Limits on Facial Recognition Tools
August 08, 2023  |  Biometrics

China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial...

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Paymentus Adds Bookings and Clients Across Multiple Industries
Paymentus Adds Bookings and Clients Across Multiple Industries
August 07, 2023  |  Earnings

Paymentus added bookings and clients from multiple industries for its cloud-based bill payment solutions during the second quarter. Those industries include retail, insurance, telecommunications, utilities, government...

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Vivid Seats Extends Reach Into Japan With Wavedash Acquisition
Vivid Seats Extends Reach Into Japan With Wavedash Acquisition
August 07, 2023  |  eCommerce

Online ticket marketplace Vivid Seats has extended its reach into Japan with its acquisition of Wavedash. Wavedash, also known as WD Holdings, is an online ticket marketplace...

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PropMix Offers Appraisal and Mortgage Firms Keys to ‘AI Innovation Garage’
PropMix Offers Appraisal and Mortgage Firms Keys to ‘AI Innovation Garage’
August 07, 2023  |  Real Estate

Real estate and mortgage AI platform PropMix says it wants to help its sector modernize its products. To that end, the company on Monday (Aug. 7) debuted the...

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Report: Zoom Using Customer Data to Train AI
Report: Zoom Using Customer Data to Train AI
August 07, 2023  |  artificial intelligence

Zoom is apparently using customer data to train its artificial intelligence (AI) models.  That’s according to the videoconferencing platform’s terms of service, updated last month and reported Monday...

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Fed Says Consumer Credit Grew 4.3% in June
Fed Says Consumer Credit Grew 4.3% in June
August 07, 2023  |  Consumer Finance

Consumer credit grew at a seasonally adjusted annual rate of 4.3% in June. Revolving credit decreased at an annual rate of 0.6% during the month,...

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upSWOT and NerdWallet Team to Help Small Businesses
upSWOT and NerdWallet Team to Help Small Businesses
August 07, 2023  |  Partnerships

Embedded finance platform upSWOT has teamed with NerdWallet to help small businesses. The partnership, announced Monday (Aug. 7), combines upSWOT’s embedded finance tools and NerdWallet...

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Unbound Commerce Launches B2B Scanning App for The Chef’s Warehouse
Unbound Commerce Launches B2B Scanning App for The Chef’s Warehouse
August 07, 2023  |  Retail

Unbound Commerce has launched a mobile B2B scanning app for The Chef’s Warehouse, a distributor of specialty food products. The new app gives grocery store employees...

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Report: 300K Student Loan Borrowers Have Died Since Moratorium
Report: 300K Student Loan Borrowers Have Died Since Moratorium
August 07, 2023  |  Loans

Roughly 300,000 student loan borrowers have died since the federal government’s 2020 loan moratorium. And according to a report Monday (Aug. 7) by Bloomberg News, that means...

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