digital transformation

South Korea’s Asset Management FinTech Akros Lists on NYSE
South Korea’s Asset Management FinTech Akros Lists on NYSE
May 10, 2022  |  artificial intelligence

Asset management FinTech startup Akros Technologies is listing an exchange-traded fund (ETF) powered by artificial intelligence (AI) — Akros Monthly Payout ETF — on the New York Stock Exchange...

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Data-Driven Compliance Solution Helps EU eCommerce Merchants Avoid Fines, Customer Loss
Data-Driven Compliance Solution Helps EU eCommerce Merchants Avoid Fines, Customer Loss
May 10, 2022  |  eCommerce

For cross-border eCommerce businesses looking to do business within the European Union, keeping up with the complex and constantly evolving world of trade regulations —...

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Facial Recognition Developer Clearview AI Agrees to Limit Database Sales
Facial Recognition Developer Clearview AI Agrees to Limit Database Sales
May 09, 2022  |  Biometrics

Facial recognition software maker Clearview AI has settled a lawsuit from the American Civil Liberties Union (ACLU) and will limit access to its face database...

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$62.5M Fundraise Values Self-Checkout System Mashgin at $1.5B
$62.5M Fundraise Values Self-Checkout System Mashgin at $1.5B
May 09, 2022  |  Investments

Mashgin, a touchless self-checkout system powered by artificial intelligence (AI) and computer vision, has raised $62.5 million in a Series B funding round that values...

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Pyramid Analytics Raises $120M to Build Its Platform, Expand
Pyramid Analytics Raises $120M to Build Its Platform, Expand
May 09, 2022  |  Investments

Decision intelligence platform provider Pyramid Analytics has raised $120 million in a Series E round, the company announced in a Monday (May 9) press release....

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Israel’s FIRMUS Raises $4.5M for AI-Based Construction Analysis
Israel’s FIRMUS Raises $4.5M for AI-Based Construction Analysis
May 09, 2022  |  artificial intelligence

FIRMUS, an Israel-based pre-construction AI and computer vision startup, has raised $4.5 million in seed funding, a report says. This will help the company vision...

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Restaurant Brands Offer Predictive Customization to Engage Loyalty Members
Restaurant Brands Offer Predictive Customization to Engage Loyalty Members
May 05, 2022  |  Loyalty & Rewards

As more and more restaurant brands debut rewards programs or update their existing ones with next-generation features, the race to secure consumers’ loyalty is becoming...

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Consumers 51% More Engaged in Video Streaming, Social Media Browsing Than Shopping Online
Consumers 51% More Engaged in Video Streaming, Social Media Browsing Than Shopping Online
May 05, 2022  |  Connected Economy

When benchmarking the progress of the world’s digital transformation, one of the ways PYMNTS categorizes online activities is by those that are “transactional” activities and...

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Big Data, Machine Learning Battle Online Payments Fraud as Criminals Target BNPL
Big Data, Machine Learning Battle Online Payments Fraud as Criminals Target BNPL
May 05, 2022  |  Security & Fraud

Most consumers don’t think about eCommerce fraud. Until they become victims. Eric Christensen, chief payments officer/vice president of product at Digital River, told PYMNTS that...

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