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Fitness Platform Raises $5M For Online Workouts

PYMNTS

Looking beyond COVID-19, Wall Street is betting the at-home fitness boom will outlast the social distancing era. Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., NEOU charges U.S. customers $14.99

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Stopping Fraudsters From Taking The Travel Industry For An $11B Ride

PYMNTS

Phishing attempts surged 640 percent last year alone, with hackers placing malicious URLs on domains such as Apple, Dropbox, Facebook, Google, Microsoft and PayPal, according to a recent report. Users who clicked the links would see their computers infected with viruses. Deep Dive: Betting On Positive Friction To Thwart Fraud.

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Braintree: Behind The Contextual Commerce Buy

PYMNTS

Location has always mattered in business, but the concept is taking on new meaning in online retail. The talk centered around the PYMNTS and Braintree Contextual Commerce Report , which used survey findings from 2,000 U.S. Buying a dress worn by a celebrity in a picture featured on a magazine or social media site qualifies.

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Aquiire Snaps Up Machine Learning Tech From Zakta

PYMNTS

Aquiire , an eProcurement company, has acquired technology from semantic search firm Zakta to enhance its services with machine learning, news reports said Tuesday (Sept. According to the eProcurement firm, the technologies will result in enhanced search experiences and enhanced integration with online and social media product reviews.

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Instagram’s High-Fashion Fakes Problem

PYMNTS

Particularly popular, according to the report, are Louis Vuitton, Chanel, Gucci, Nike, Fendi and Balenciaga-branded items. And counterfeit Instagrammers, according to the report, are a very active group. And, according to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target.

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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. economy is most likely approximately six weeks away if China’s COVID-19 experience is any guide. Most reports put the country in its first steps of recovery. .

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How Banks Are Using AI for Document Intelligence

South State Correspondent

Banks can now pull a pretrained model off the shelf and put it to use immediately, such as an application that can read receipts for an expense report or train the model to understand specialty documents such as a vendor contract. Various Other Use Cases.

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