Business
For B2B and B2C readers who want to know more about the ins and outs of the tech industry.
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LexisNexis® Risk Solutions, a global provider of risk management solutions, has unveiled RiskNarrative™, an end-to-end customer lifecycle management platform designed to help businesses seamlessly integrate multiple data sources, enabling better risk decision-making and smoother customer journeys. The RiskNarrative™ platform leverages automation and decisioning technology to offer a sophisticated, configurable, and accessible solution for managing financial…
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Databricks, the renowned Data and AI company, has announced its definitive agreement to acquire MosaicML, a leading generative AI platform. This strategic move aims to make generative AI accessible to organizations of all sizes, empowering them to develop, control, and secure their generative AI models using their own data. The acquisition, valued at approximately $1.3…
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In an effort to enhance payment security and protect consumers and businesses from fraudulent activities, Visa, the global leader in digital payments, unveiled a series of payment security initiatives as part of its updated security roadmap. These measures aim to provide advanced protection for transactions conducted online and at physical retailers. Visa will collaborate with…
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Singapore’s small and medium-sized enterprises (SMEs) are grappling with various disparities that hinder their ability to attract and retain highly skilled professionals, according to recent research conducted by Employment Hero, a prominent HR tech platform. The study, which surveyed 515 hiring leaders in Singapore and Malaysia, sheds light on the urgent need to level the…
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Frontline Industrial Software, a leading provider of innovative construction planning solutions, has announced that it has successfully raised $700,000 in a seed funding round. The funding was led by Cocoon Capital, a venture capital firm known for its investments in transformative technology companies. The capital infusion will enable Frontline to further enhance and expand its…
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Workato has announced a groundbreaking update called AI@Work, which introduces a range of new capabilities to empower enterprises in harnessing the power of artificial intelligence (AI) to drive business efficiency. Seamlessly integrated into the Workato platform, these advancements leverage OpenAI technologies to enable businesses to adopt AI for automations at scale. Gautham Viswanathan, co-founder and…
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ABBANK, a leading joint stock commercial bank in Vietnam, has unveiled its groundbreaking credit decisioning system, aimed at transforming loan application processing and risk management. The advanced analytics-powered system promises to streamline credit decisions, enhance risk assessment, and elevate the overall customer experience. By leveraging state-of-the-art technologies and advanced analytics, ABBANK’s credit decisioning system enables…
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Jardine Cycle & Carriage, a prominent regional automotive player, and Carro, a leading tech used car platform, have announced a strategic partnership aimed at revolutionizing the used car and aftersales sectors of automotive retailing. Valued at over USD60 million, this groundbreaking collaboration brings together the strengths of both companies to create a hybrid analog-digital ecosystem…
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Blackbird.AI, a leading provider of AI-driven Narrative and Risk Intelligence solutions, has successfully concluded a Series B funding round, raising $20 million. The funding was led by Ten Eleven Ventures, a prominent cybersecurity investor, with continued support from existing investors Dorilton Capital, Generation Ventures, StartFast Ventures, and Trousdale Ventures. Noteworthy investors such as Paul Kurtz,…
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Singapore-based global private market exchange, ADDX, has announced the appointment of Mr Chew Sutat as its chairman. Mr Chew, a former senior managing director at the Singapore Exchange (SGX), brings with him extensive experience and expertise in the financial services industry. With his appointment, ADDX aims to solidify its position in the global private market…
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