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B2B Fintech News

Visa Has Recently Established A New Operational Center In Egypt

Fintech Staff Writer
by Fintech Staff Writer0
Visa has increased its local presence Visa, the undisputed leader in electronic payments worldwide, has opened a branch in Cairo. As part of its ongoing efforts to propel the digitization of the payments sector, Visa has increased its local presence in Egypt to better serve its financial institution and merchant......
B2B Fintech Startups News

ABCM™ Platform Customized For Startups By Fintech Startup Okoora

Fintech Staff Writer
by Fintech Staff Writer0
Okoora’s AI-powered platform Okoora, a Swiss-Israeli fintech business, has customized the ABCM™ platform to meet the special needs of startups for managing global payments, banking, and risks. Okoora’s ABCM™ platform, powered by AI, offers operational tools, currency risk management, and access to a vast bank and transaction room network. Since......
Zebra Technologies Introduces Zebra Pay Enterprise-Grade Mobile Payment Solution
Digital Payments News

Zebra Technologies Introduces Zebra Pay Enterprise-Grade Mobile Payment Solution

Business Wire
by Business Wire0
First-of-its-kind solution transforms mobile computing devices into secure payment terminals Zebra Technologies Corporation, a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, launched Zebra Pay, the industry’s first integrated, enterprise-grade, SPoC-based mobile payment solution for the retail, hospitality, entertainment, field mobility, and logistics industries. Latest......
Mujin Secures $85 Million in Series C Funding to Accelerate Adoption of Intelligent Robotic Automation
Investment Services News

Mujin Secures $85 Million in Series C Funding to Accelerate Adoption of Intelligent Robotic Automation

Business Wire
by Business Wire0
Japan’s fastest-growing intelligent robotics company, Mujin, secures capital to pave the way for a new era of robotic automation Mujin, a leader in intelligent robotics for manufacturing, logistics, and supply chain operations, has successfully raised $85 million in its Series C funding round, reflecting the company’s rise to market leadership.......
Barrett Distribution Centers Announces Long-Term Partnership with High-Flying eCommerce Apparel Brand Nuuds
E-commerce News

Barrett Distribution Centers Announces Long-Term Partnership with High-Flying eCommerce Apparel Brand Nuuds

Business Wire
by Business Wire0
Barrett Distribution Centers, a pioneering name in third-party logistics (3PL) since 1941, is thrilled to announce its newest partnership with the rapidly growing direct-to-consumer (DTC) apparel brand, Nuuds. Following a rigorous selection process, which saw several industry competitors vying for the opportunity, Nuuds has chosen Barrett as their 3PL provider to......
Novarc Technologies Completes Series A Fundraising Round With Caterpillar Venture Capital
Artificial Intelligence Fintech News

Novarc Technologies Completes Series A Fundraising Round With Caterpillar Venture Capital

Business Wire
by Business Wire0
Funding will be used to advance product development in AI-powered robotic welding solutions Novarc Technologies , a leading provider of advanced robotics solutions, announced the company has successfully completed a Series A fundraising round with Caterpillar Venture Capital Inc., a wholly-owned subsidiary of Caterpillar, a global leader in the manufacturing......
SoftBank Group and Symbotic Establish New Warehouse-as-a-Service Joint Venture Through Automation and AI
Banking News

SoftBank Group and Symbotic Establish New Warehouse-as-a-Service Joint Venture Through Automation and AI

Business Wire
by Business Wire0
New joint venture, GreenBox, to offer first of its kind automated warehouse services, unlocking significant new addressable market Symbotic and GreenBox contract for the sale of approximately $7.5 billion in systems over the course of the contract Joint venture aims to expand access to Symbotic systems to broad range of......
Banking Featured Fintech Primers Mobile Banking Security

How Can Banks Stay Competitive With A Secured IT Security Infrastructure?

Pooja Choudhary
by Pooja Choudhary0
Web application and API crimes against banking firms soared by 257 percent in 2022, according to statistical analysis from Akamai. The cost of cybercrime in this industry is also among the greatest; according to IBM, in 2022, the usual cost of a data breach in this industry was $5.97 million,......
FedML Closes $11.5 Million Seed Round to Help Companies Build and Train Custom Generative AI Models
Machine Learning News

FedML Closes $11.5 Million Seed Round to Help Companies Build and Train Custom Generative AI Models

Business Wire
by Business Wire0
FedML announced that it closed $11.5 million in seed funding to expand development and adoption for its distributed MLOps platform, which helps companies efficiently train and serve custom generative AI and large language models using proprietary data, while reducing costs through decentralized GPU cloud resources shared by the community. @FedML_AI announced......
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