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Spencer Platt/Getty Images Wilbur Ross, President Donald Trump’s commerce secretary, has financial ties to Russian President Vladimir Putin’s son-in-law. The revelation was included in a massive trove of leaked documents, dubbed the “Paradise Papers,” published by the International Consortium of Journalists Sunday. Ross failed to disclose his business ties to a member of Putin’s inner circle […]
BII This story was delivered to BI Intelligence “Payments Briefing” subscribers. To learn more and subscribe, please click here. Leading point-of-sale (POS) terminal provider Ingenico, which reported earnings last week, posted 6% revenue growth in Q3 2017, indicating ongoing “acceleration” toward its long-announced 2017 goals and objectives. The firm’s ePayments segment is becoming an important growth driver. […]
IBM is announcing today that it has created a new cross-border blockchain payments solution with KlickEx Group and Stellar.org. The move is designed to improve efficiency and reduce the cost of making global payments for businesses and consumers. For the first time, public blockchain technology — a kind of transparent ledger system that is distributed […]
VB LIVE: By 2020, it’ll be an Internet of Things world — and creating seamless, simple, and secure experiences for your customers will be imperative. Tune in to the latest VB Live event and hone in on the fastest, best ways to prepare for the IoT world. Register here for free. In 2020, we’ll wake […]
BI Intelligence To keep pace with the ongoing shift toward e- and m-commerce, retailers are turning to chat apps, where smartphone users spend considerable time each day. One way they’ve been accessing consumers on these platforms is through chatbots, or software programs that use business-to-consumer (B2C) text-based messaging as an interface through which customers can communicate with merchants […]
Joe Raedle/Getty Images The US has started trade talks with multiple countries in Asia to find an alternative to the failed Trans-Pacific Partnership, US Commerce Secretary Wilbur Ross said. “We expressed a willingness on the US’ part to indulge in bilateral talks with Japan” on a trade agreement, Ross told reporters at the annual SelectUSA […]
GUEST: Just 10 years ago, the idea of leaving your home for a long trip meant you were paying for something you wouldn’t use. Your car would sit in the garage, your apartment or house would sit empty, and you’d still be responsible for utilities. On the off chance you had a friend or relative […]
PRESS RELEASE: AUSTIN, Texas–(BUSINESS WIRE)–April 11, 2017– Tagspire, of Quantomic, LLC, has developed one of the most compelling use cases for a neural network yet. While benefits of deep learning technology are revealed frequently, Karim Hijazi, founder and CEO of Quantomic, feels this breakthrough will be one of the most captivating applications for machine learning […]
PRESS RELEASE: New intelligence layer, Tradeshift Ada, allows for native and third-party development using artificial intelligence (AI) capabilities for over 1.5 million businesses SAN FRANCISCO–(BUSINESS WIRE)–March 25, 2017– Tradeshift, the world’s largest business commerce platform, today announced the release of Tradeshift Ada, the world’s first smart interface for B2B commerce that offers new automation capabilities […]
Joe Raedle/Getty Images WASHINGTON (AP) — The Senate has confirmed billionaire investor Wilbur Ross as commerce secretary as President Donald Trump adds to his economic team. Breaking with Republican orthodoxy, Ross said the Trump administration will work quickly to re-do the North American Free Trade Agreement. That’s the massive trade pact with Canada and Mexico that […]
