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Badge raised $17.1 million to expand its wallet platform that enables businesses to interact with their customers through Apple and Google digital wallets.
The company raised $13.8 million in a Series A round and $3.3 million in a previously unannounced seed round, according to a Thursday (Feb. 19) press release.
Badge will use the funding to support its go-to-market efforts, product...
Imagine this scenario: Suspicious activity begins moving across an enterprise’s network. It is not triggered by a phishing email or a careless user mistake. An automated system is attempting to breach defenses, probing for weaknesses and assessing how much access it can gain before detection.
Seconds later, another system steps in. A defensive AI spots the abnormal pattern, tightens...
Global technology company Sea has partnered with Google to develop artificial intelligence-powered innovations for Sea’s core business lines, including online games company Garena, eCommerce platform Shopee, and financial services provider Monee.
This marks an expansion of an existing collaboration that includes Shopee’s participation in the YouTube Shopping Affiliate Program and...
Klarna’s fourth-quarter results offer a snapshot into the appeal of paying over time. They also provide a window into the mechanics of a rapidly scaling financial network, where checkout activity, cards and deposits increasingly reinforce one another.
The most consequential signals sit inside the banking metrics disclosed alongside earnings. Consumer deposits climbed to $13 billion, up...
Users of the Rakuten Card Lite app can now get questions about their credit card statements answered by an artificial intelligence agent.
The new AI agent can summarize monthly spend amounts in chronological order, show selected statements within a designated period, and show estimated spending amounts for usage categories such as “supermarkets” or “restaurants,” Rakuten said in a...
Community bank and credit union technology company interface.ai, has debuted a new collection tool.
The company’s Smart Collections offering, announced Thursday (Feb. 19), uses agentic artificial intelligence (AI) to help community financial institutions address delinquency earlier, before accounts proceed to later stages and recovery costs increase.
“Early-stage delinquency is...
Talk about raining on the parade. New Walmart CEO John Furner’s first earnings call was dampened by the news Thursday morning (Feb. 19) that it had been surpassed by Amazon in terms of total sales. That and a tepid forecast led to a lackluster start to Furner’s first showing with Wall Street analysts. And while Q4 numbers came in ahead of plan, issues like shopper stress, new profit sources like...
California-based startup ZaiNar has raised $100 million to develop an artificial intelligence (AI)-powered GPS alternative.
That $100 million figure includes the $10 million the company recently took in, valuing it at $1 billion, the company said in a Thursday (Feb. 19) press release.
ZaiNar said it addresses an ongoing problem for robots and other AI-powered systems: the ability to...
Figure is reportedly introducing a tokenized class of stock that trades on blockchain rails.
Company officials told Coindesk Thursday (Feb. 19) that Figure’s FGRD token will be available on its Onchain Public Equity Network (OPEN), and issued, traded and settled without using traditional Wall Street clearing and custody systems.
Instead, FGRD transactions are recorded and finalized...
Visa plans to acquire two companies in Argentina — Prisma and Newpay — from private equity firm Advent International.
The company entered into a definitive agreement to acquire the firms and expects the transaction to close during the current quarter, subject to closing conditions, Visa said in a Thursday (Feb. 19) press release.
Prisma provides credit, debit and prepaid card issuer...