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Medical-focused artificial intelligence (AI) startup Abridge has reportedly raised $300 million.
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The funding values Abridge at $5.3 billion and will help the company develop its tool that uses AI to automate doctors’ note-taking, The Wall Street Journal (WSJ) reported Tuesday (June 24).
Abridge Co-founder and CEO Dr. Shiv Rao told the WSJ that the new capital will help...
The Financial Action Task Force (FATF) has updated its list of countries with financial-crime-prevention deficiencies.
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The international body announced after its meeting this week that it had added the British Virgin Islands and Bolivia to its list of “Jurisdictions Under Increased Monitoring.”
According to an announcement Monday (June 23) from the U.S. Financial Crimes...
Medius has added embedded payments to its accounts payable (AP) automation and spend management solutions.
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The company’s new Medius Payments solution builds upon its existing Medius Pay solution and introduces straight-through payments capability, allowing payment batches to be built and executed directly from its platform, the company said in a Tuesday (June 24) press...
Looking for a travel-related business that’s actually booming during the year of COVID-19? It’s out on the water, in rented boats of every shape and size from kayaks to luxury yachts.
“We had our drop-off in April, and then come May we saw a very quick rebound, Bryan Petro, chief operating officer of boat rental and charter marketplace GetMyBoat, told PYMNTS. “From April [to August], we are...
In China, crypto over-the-counter (OTC) traders are being arrested in an attempt to crack down on illegal transactions, according to a report from CoinDesk.
Prominent OTC trader Zhao Dong, of crypto lending platform RenrenBit, was held up by police in the city of Hangzhou, the report says. Zhao has a prominent status among the community, and rumors online began to circulate. One poster relayed...
Two innovators approached a well-heeled investor asking for money. Their sales pitch was very convincing. They told this investor that their innovation was so incredibly cutting-edge that only the hopelessly uninformed would fail to recognize its value. The innovators said that they had picked him because he was smart and forward-thinking enough to see the potential. The investor, who prided...