AI gains momentum in core financial services functions

June 28, 2023
With 2.5 billion payment cards used in more than 200 countries and territories across the globe, Mastercard faces a gigantic fraud risk. Credit card fraud accounted for more than $32 billion in losses—or about 6.6 cents per $100 in transactions—in 2021, with more than one-third occurring the U.S., according to a December 2022 Nilson Report…

The Download: introducing the Accessibility issue

June 28, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Introducing: the Accessibility issue When it comes to thinking about accessibility, so many of the dominant stories around technologies for disability, access, and mobility paint them as objects of empowerment or heroic, life-changing…

3 Buy-Rated Chemical Stocks to Watch

June 28, 2023
With the sustained demand for chemicals from end-use sectors and the adoption of emerging technologies, the chemical industry is well-placed to experience robust long-term growth. Given the industry tailwinds, it…

Workflow automation startup Parabola raises $24M

June 28, 2023

Parabola, a San Francisco-based startup that uses AI to help expedite back-office processes, particularly in the logistics and ecommerce sectors, today announced that it raised $24 million in a Series B funding round led by OpenView with participation from strategic investor Flexport alongside Matrix, Thrive, Flexport, Good Friends, Webflow, Otherwise Fund, Abstract Ventures and Merus […]

Workflow automation startup Parabola raises $24M by Kyle Wiggers originally published on TechCrunch

Slang taps AI to answer phone calls for brick-and-mortar businesses

June 28, 2023

For business owners, phone calls can be an enormous time waster. Take the restaurant industry, for example. Calls can lead to more important tasks being overlooked, like doing inventory, balancing staff schedules, running payroll and fixing equipment issues. The issue, exacerbated by the pandemic, is so severe that restaurants are increasingly abandoning their phone lines. […]

Slang taps AI to answer phone calls for brick-and-mortar businesses by Kyle Wiggers originally published on TechCrunch