digital transformation

Robotics Could Integrate With Restaurants’ Digital Systems Within a Year
Robotics Could Integrate With Restaurants’ Digital Systems Within a Year
February 17, 2022  |  ResTech

As restaurants’ labor challenges combine with rising food costs and other supply chain issues to present new challenges, the need to leverage technology for greater...

READ MORE >
Relex Solutions Raises $568M for Growth of AI Robot Fleet
Relex Solutions Raises $568M for Growth of AI Robot Fleet
February 17, 2022  |  Investments

Finnish software maker Relex Solutions raised 500 million euros ($568 million) in new investment capital at a 5-billion-euro ($5.6 billion) valuation through a fundraising round that...

READ MORE >
AI Lending Platform Upstart Beats Earnings Estimates, Sees Shares Surge
AI Lending Platform Upstart Beats Earnings Estimates, Sees Shares Surge
February 16, 2022  |  Earnings

Artificial intelligence (AI) lending platform Upstart Holdings posted fourth-quarter and full year 2021 results for the period ended Dec. 31, 2021, that beat analysts’ consensus...

READ MORE >
Conversational AI is Talk of the Town as Call Centers Adapt to New Realities
Conversational AI is Talk of the Town as Call Centers Adapt to New Realities
February 15, 2022  |  artificial intelligence

In the often-infuriating experiences infamously delivered by customer service chatbots and voice prompts, digital-savvy consumers know there has to be a better way of operating....

READ MORE >
VF’s Dickies Brand Boosts Conversions, Slashes Returns With Virtual Fitting
VF’s Dickies Brand Boosts Conversions, Slashes Returns With Virtual Fitting
February 14, 2022  |  Retail

Less than a year into an artificial intelligence (AI)-driven virtual fitting program, VF Corp. is seeing a surge in customer buying and satisfaction as well as a...

READ MORE >
UK Banks Get the First Taste of What AI Regulation May Look Like 
UK Banks Get the First Taste of What AI Regulation May Look Like 
February 14, 2022  |  artificial intelligence

Banks in the U.K. have been warned by financial regulators not to use artificial intelligence systems to approve loan applications unless they can prove that...

READ MORE >
UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
February 13, 2022  |  Regulation

Banks using artificial intelligence (AI) to approve loan applications have been warned by U.K. financial regulators that they can only deploy that technology if they...

READ MORE >
US Must Learn From Europe in Privacy, AI Regulation, Says Policy Expert
US Must Learn From Europe in Privacy, AI Regulation, Says Policy Expert
February 11, 2022  |  Regulation

The rise of digital technologies has improved the world in untold ways. But there has been at least one casualty: privacy. For Americans, it’s especially troubling given the lack of protection. Only...

READ MORE >
BNPL’s Ease and Speed at Checkout Catch the Eye of Would-Be Thieves
BNPL’s Ease and Speed at Checkout Catch the Eye of Would-Be Thieves
February 11, 2022  |  Buy Now Pay Later

New and trendy payment methods are popular with fraudsters, too. Yinglian Xie, CEO of DataVisor, told PYMNTS’ Karen Webster that buy now, pay later (BNPL) is...

READ MORE >