The Business & Technology Network
Helping Business Interpret and Use Technology
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Salesloft has acquired Drift to enable companies to use artificial intelligence (AI) to deliver a personalized, omnichannel B2B buyer journey. Combining Salesloft’s AI-powered Revenue Orchestration Platform and Drift’s buyer experience and conversational AI will enable sellers to engage B2B buyers earlier and throughout the buyer journey, the companies said in a Tuesday (Feb. 13) press release. “...
Nothing says true love like getting take out, and with Valentine’s Day right around the corner, it’s time to order out for a date night in.  In this edition of PYMNTS’ Provider Ranking of Aggregators, Talabat grows its score and maintains its lead, with Uber Eats not far behind. Read on to see what’s new!  The Top 5 No. 1 remains with Talabat scoring 88 points, just three points higher than...
Marqo has raised $12.5 million in a Series A funding round to advance the adoption of its search platform that helps businesses build generative artificial intelligence (AI) applications that are more relevant and up to date. The company’s vector search platform unlocks the value of unstructured data across end-user search, retrieval-augmented generation and other business-critical applications,...
Shopify saw continued acceleration in Shop Pay and faster checkout, and growth in its merchant base as a strong holiday shopping season drove results. But investors fled the stock Tuesday morning on the heels of guidance that pointed to rising operating costs. They sent the stock lower by as much as 8% at the opening of trading on Tuesday (Feb. 13). Drilling down into the numbers, gross...
PayPal Executive Vice President and Chief Enterprise Services Officer Aaron Karczmer will leave the company on April 30. The company and Karczmer entered into a separation agreement on Wednesday (Feb. 7), PayPal said in a Monday (Feb. 12) filing with the Securities and Exchange Commission (SEC). The agreement provides for severance pay, a bonus, health benefits, equity award treatment and...
Just when you thought you had a handle on artificial intelligence (AI), here comes a twist on the technology. Because AI is being merged with quantum computing ahead of schedule. The result could have significant implications for financial services as well as other verticals. “The physical world is defined by quantum mechanics,” Chris Hume, senior director of business operations for Sandbox AQ,...
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. On one hand, companies like Google and Duolingo have cut staff recently with the implication that AI was the underlying cause. On the other hand, the prevailing wisdom among CEOs and various analysts indicate that AI is not coming for your job. But it will be a major factor in how...
Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later (BNPL) or credit card installments. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: What BNPL Needs to Win Wider Adoption,” created in collaboration with Amazon Web Services, draws from a survey of...
By igniting a new wave of innovation in the financial industry, open banking promises to unlock a profoundly enhanced consumer payment experience. Its architecture not only facilitates faster payment methods but also allows banks and financial institutions (FIs) to explore new revenue channels, strengthen customer engagement and collaborate with FinTechs on groundbreaking payment services....
Just as banking-as-a-service (BaaS) and software-as-a-service (SaaS) have reshaped their respective industries, a new “as a service” model is emerging in the travel and tourism sector.  This tourism-as-a-service concept aims to redefine connected travel, harnessing the potential of advanced technologies such as artificial intelligence (AI) and blockchain to streamline every facet of the journey...