They launched BMO Bill Connect, which helps SMBs automate bill pay, digitize invoicing, and monitor cash flow.
Banks are under pressure to slash costs amid weak dealmaking. Citi is cutting jobs but also spending big in a strategy shift.
Generative AI gains momentum across multiple industries: Generative AI, including ChatGPT, has led to a boom as companies and startups alike race to integrate it into their products and businesses find new applications.
Generative AI tools are leading to more sophisticated cyberattacks. Tech investment and educating staff will be key for banks’ cybersecurity.
Will history repeat itself in the Google-Microsoft innovation drama? Google pushes robotics research despite axing its Everyday Robots arm. Innovation without a clear commercial strategy could give Microsoft an opening.
Dish Network is still reeling from ransomware attack: With various services and websites offline and their stock hitting a 14-year low, the window for Dish to resolve its ransomware-related outage is closing.
The 6G race has begun: Telecom execs say we’ll see 6G in a few years. The notion seems ill-conceived given 5G’s disappointing showing but AI might make the upgrade necessary.
The mix of flexible working arrangements banks and fintechs offer could create recruitment advantages for opportunistic firms.
Crypto-focused bank Silvergate is on the verge of collapse, while Kraken wants to get into digital asset banking. Here’s why crypto banking is flawed.
Shopee’s strong Q4 helped power Sea Ltd to its first quarterly profits: The ecommerce marketplace used its dominance to extract more fees from sellers, even as gross orders fell.
Threecolts wants to help Amazon sellers level the playing field: The London-based startup raised $90 million to give merchants the tools they need to build a sustainable business on the marketplace.
DuckDuckGo embraces ChatGPT parent to create AI assistant: New tool is yet another indicator that Google has been slow to release AI publicly.
Macroeconomic headwinds and tight competition might’ve complicated Affirm’s growth efforts in Australia.
It’s Reddit’s turn to ride the short-form video hamster wheel: A new “watch” feed will be introduced as the company looks to increase time spent and advertiser interest ahead of an IPO.
In-store shopping remains the largest US retail channel by both share and dollars. Growth overall will decelerate as economic worries lead consumers to pull back on spending.
JD.com’s revenues rose 7% in Q4: That’s a rapid slowdown from 23% growth a year earlier as COVID restrictions caused consumers to pull back spending.
Apple makes India its own sales region: The move reflects the country’s growing importance to Apple, which generated record revenues in India in Q4 and will soon open retail stores in the nation.