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Zest AI Introduces LuLu Strategy Module to Expand GenAI to Financial Institutions
Zest AI, a firm specializing in AI lending technology, announced the launch of LuLu Strategy, the module of a generative AI lending intelligence platform, which delivers lending performance insights w...
Upstart Personal Loan Originations Grow 83% Year Over Year
Lending platform Upstart Holdings’ first quarter results saw loan originations nearly double from a year ago, driven in part by automated processes, while management pointed to strong credit metrics...
Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
Corporate payments firm Corpay and global asset management firm TPG have entered into a deal to acquire accounts payable (AP) automation software provider AvidXchange. Financial Technology Partners an...
Exclusive: Eyeo exits stealth to give cameras human-like colour vision
Dutch startup Eyeo has emerged from stealth with €15mn in funding to advance a breakthrough photonics technology for cameras that could radically disrupt the way we take images. Eyeo spun out last y...
NSO Group Ordered to Pay Meta $167 Million in Damages
Meta had sued the firm, NSO Group, for using its spyware to hack 1,400 WhatsApp accounts belonging to journalists, dissidents and others....
Global Payments Bets Big on $600M Synergy From Worldpay
A $22 billion acquisition is a tough act to follow. But TSYS-parent Global Payments is betting big on its $600 million synergy target as it pushes forward with the $22.7 billion acquisition of Worldpa...
Amazon’s Zoox issued a robotaxi software recall after a crash in Las Vegas
Amazon-owned Zoox says it issued a software recall for all 270 of its vehicles after an unoccupied robotaxi in Las Vegas crashed into a passenger vehicle on April 8th, Reuters reports. The update ...
IBM CEO: HR Layoffs Due to AI Led to ‘More Investment’ in Other Roles
Arvind Krishna, the CEO of IBM, said his company’s investment in artificial intelligence (AI) has ultimately led to a rise in employment in the firm. According to a Tuesday (May 6) report from The W...
Google Wallet Adopts Zero-Knowledge Proofs (ZKPs) for Enhanced Privacy in Digital Identity Verification
In a step toward prioritizing user privacy, Google has announced the integration of zero-knowledge proof (ZKP) technology into its Google Wallet platform. This cryptographic solution aims to enhance d...
Elon Musk Tried Keeping Issues at His Texas Mansion Private, Emails Show
The tech billionaire’s staff was concerned that correspondence about his home in West Lake Hills would become public after neighbors complained....
Newswire > Tag: technology
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