INDUSTRY INSIGHTS YOUR PEERS ARE READING
In terms of trends, Barodawala has discovered some interesting patterns through the software. Either way, airlines can use the software to direct people to lower capacity flights by offering them more money for a one flight over another. Airlines often have a tough time with an inconvenient yet necessary aspect of running their businesses — quickly moving passengers between flights. MORE
From technology and financial service providers expanding their mobile offerings to software designers aiming to turn challenges for retail brands into software solutions, companies around the Developer space looked to bolster their offerings over the past month. MORE
30) said Tricentis raised $165 million last week for its software testing services. The Series B funding will help the company expand its footprint in the software testing market, which CEO Sandeep Johri said is slowed down by manual testing. After, testers assess that software , identify bugs then hand the software back to coders to fix. Once most of the bugs have been identified and fixed, the software goes into beta testing, where even more are discovered. MORE
Small business software provider Zetran is adding an accounting solution to its suite of services, the company said on Sunday (June 17). In a press release , Zetran said it saw a gap in the market for affordable automation software for small and medium-sized business accounting firms. The company aims to help fill that gap with its new accounting software product, myBooks. MORE
Enter JDA Software. “At In addition to stocking the right items at the right location, JDA Software deployed through the XTP system can help retailers schedule the right employees at the right times and at the right location. Software companies have to think differently about the needs of the retailer now,” Prewitt said. “It’s Retail is more than a product on a shelf. MORE
Regardless of whether you’re talking about — retail, manufacturing or wholesale distribution — organizations are trying to become more agile,” said Fabrizio Brasca, VP of Industry Strategy at supply chain and retail solutions provider JDA Software. For their part, JDA Software recently expanded its partnership with predictive analytics company TransVoyant, which employs advanced analytics on real-time big data curated from a number of devices to produce live and predictive insights. MORE
GE may have something with its software business, announcing Tuesday (Nov. 15) that its software and services business is expected to hit $6 billion in sales in 2016. Predix helps GE customers create software that can power internet-connected industrial machinery and have the machines communicate with each other. The two startups — BitStew and Wise.io — will also add artificial intelligence to the Predix software. Internet of Things GE IoT software What's Hot MORE
Its long been known that Android devices aren’t as secure as Apple’s iOS, but a new report revealed that some Android devices could get infiltrated with software that tracks a user’s behavior with their mobile device, including phone calls and text messages, and sends the data to China. The report noted that China-based Shanghai Adups Technology developed the software, which is installed on an unknown amount of Android-based devices. The software doesn’t stop there either. MORE
(The Paypers) Fingerprint Cards has launched its Biometric Software Platform for payments, named FPC-BEP, targeting payment cards, wearables and USB dongles MORE
Hewlett Packard Enterprise (HPE) is looking to separate out its software unit, reports late last week said. Reports by The Wall Street Journal , and circulated by other outlets , said HPE is seeking between $8 billion and $10 billion to sell its software unit, leaving HPE to focus on its cloud storage services, networking, servers, business-critical systems and technology systems, reports added. software firm Autonomy in 2011. MORE
Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. According to a news report in the The New York Post , hackers were able to steal customers’ data — including Social Security numbers — due to a weakness in open source software developed by Apache Software Foundation. MORE
New rule changes under discussion by European Union regulators could allow EU banks to invest more in software, allowing them to better fight against cyber attacks, as well as to keep pace with fintech firms. MORE
Enterprise software company Zensoft wants to accept cryptocurrencies from its corporate clients and has announced a partnership with OPEN to facilitate that goal. 26) they are working together to enable Zensoft to accept digital currencies as payment for enterprise software development projects. The software company will deploy OPEN’s API, its blockchain Scaffolds and its State transaction receipts solution. MORE
Microsoft just recently announced the acquisition of Intentional Software, a tech company with a focus on team productivity applications founded in 2002 by Microsoft’s own former chief architect Charles Simonyi. The move to acquire Intentional Software signals Microsoft’s intent to boost its future productivity solution capabilities. MORE
Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. MORE
In the latest the latest Aspect Agent Experience Index by Aspect Software , it was revealed that approximately 80 percent of calls that come into a call center are ones that require little effort. Aspect Software Chief Customer Officer Joe Gagnon commented on this chatbot and agent mix phenomenon in the company’s release. ” Retail Aspect Software call center chatbot chatbots customer care customer satisfaction customer service News MORE
Nucleus Software, an India-based company providing financial institutions with lending and transaction banking technologies, has integrated more features into its offering to expand its clients’ trade finance capabilities. Nucleus Software noted that digitization of supply chain and trade finance processes can reduce that unnecessary spend and automate processes like document evaluation and due diligence. MORE
SAP has announced what Reuters called “its biggest product makeover in years,” as the enterprise software conglomerate steps up against rivals. The publication said Tuesday (June 5) that SAP is consolidating its sales, marketing and customer service software, bundling the offerings into a suite of solutions under its business planning offerings. Simultaneously, SAP also revealed the acquisition of Coresystems , a Switzerland-based customer service software provider. MORE
and a handful of lesser known software companies are gearing up for IPOs in 2017 in a sign that the IPO market could finally be on the upswing. According to a report in Malay Mail , expected IPOs out of Snap, Apttus, Tintri and Okta are a leading indicator that there is wider demand for software IPOs heading into the new year. What’s more, the enterprise software companies tend to have valuations in the moderate range of from $500 million to $4 billion. Snap Inc. MORE
In a press release , Fitbit said it acquired Pebble’s key personal and intellectual property related to software and firmware development. Fitbit, the leading wearable fitness tracker device maker, announced Wednesday (Dec. 7) that it has acquired Pebble, a pioneer in the smartwatch markets. The acquisition excludes the company’s hardware products. Terms of the deal were not disclosed, but media reports last week pegged the price tag at anywhere from $35 million to $40 million. MORE
The software is popular with younger generations, which is an important group to attract. “We’ve American Banker , citing Citi Ventures, reported that the investment shows banks are embracing and implementing AI. According to the report, the investment provides more insight into how Citigroup is using AI across the company. MORE
Hackers might have another way to steal data from corporations: cryptomining software. Or they can download more software. Security & Fraud cryptocurrency Cyberattack Cybersecurity data theft Hackers mining News software What's Hot MORE
Automation and accounting software may be to blame, the publication said. The firm just announced a partnership with SME cloud accounting frontrunner Intuit QuickBooks, an alliance that will help BDO extend Intuit’s financial management software to the firm’s clients. ” Johnson noted there are key performance indicators — the metrics that need to be understood in order for a company to grow and progress — that cannot be automatically identified by software. MORE
Equifax’s data breach of nearly two years ago hasn’t taught a majority of Fortune 100 companies a lesson, with reports stating that most are using the same vulnerable version of software that enabled hackers to infiltrate Equifax. MORE
Sometimes, even the best businesses, big and small, need a little help from software. The latest PYMNTS.com Developer Tracker™ , powered by Vantiv, looks at companies around the space using software development to help build their businesses. MORE
Brave Software , the new ad-free browser, announced last week it released Brave for desktop and the beta of Brave Payments, its bitcoin-based micropayments system that lets users automatically and privately pay their favorite websites. Because of that, neither Brave Software nor any other entity can correlate browsing page visits with payments. Payment Methods ad-free browser adblocker Brave Software News What's Hot MORE
When most people worry about computers taking over the future, they are more likely than not reacting to the sort of sci-fi doomsday scenario they see in movies like “The Terminator” or “The Matrix.” For those who are unfamiliar, the plot for such a scenario involves human beings building computers that become self-aware and decide immediately to overthrow and enslave us. MORE
A recent report by Malauzai Software showed that new app growth rate among banks and credit unions has slowed down by 8% this year. DataBank credit union Malauzai Software Mobile banking MORE
Bad news broke on Monday morning (April 25) for global payments messaging platform SWIFT as BAE Systems released analysis concluding that cyberthieves hacked into SWIFT’s software , causing the $81 million bank heist from the Bangladesh central bank. A blog post on the company’s site outlined how attackers hacked into SWIFT’s Alliance Access software, which supported the Bangladesh Bank’s payment system infrastructure. MORE
Acctivate is readying to debut its small business inventory management software, but the company won’t be doing so quietly. In an announcement on Friday (April 1), the firm said it will present Acctivate Inventory Management Software on national television. MORE
Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The updates include connectivity with third parties, allowing its Fusion Framework System users to engage with their suppliers and other third parties in supply chains to streamline the vendor risk assessment process. MORE
30), Bank of America Merchant Services — the payments, eCommerce and security solutions company — said it and talech , a cloud-based restaurant management software company, are teaming up to roll out a POS solution for the full-service restaurant and bar industries. MORE
Enterprise software company Odoo is expanding into the Chinese market to target small businesses (SMBs) in need of enterprise resource planning (ERP) systems. B2B Payments B2B china ERP Inspur News Odoo SMBs software What's Hot In B2BA press release on Monday (April 16) said Odoo has launched a joint venture with Chinese cloud computing firm Inspur to expand into the market. MORE
Payroll and accounting software company Patriot Software is addressing the friction of onboarding employees to receive wages via direct deposit. “The entire onboarding process is completed within our web-based software application, and is entirely paperless. MORE
However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup. MORE
A new report revealed that the customer self-service (CSS) software market was valued at more than $5 billion last year, and is expected to grow to $13 billion by 2023. According to Global Customer Self-Service Software Market — Growth, Trend and Forecasts (2018 – 2023) , many companies are utilizing self-service portals to deliver instant information to their customers and clients on a variety of channels, including mobile phones, personal digital assistants, laptops and more. MORE
Software AG has inked a deal to acquire Zementis, the San Diego, California company that provides software for deep learning, which is a component of machine learning and data science. In a press release , Software AG said deep learning is a key technology that drives artificial intelligence development. This combination has played a major role in the recent strategic IoT partnerships Software AG has established.”. MORE
Tricentis just scored one of the biggest funding rounds for a B2B startup in a while — raising $165 million — for its software testing solution. According to Sandeep Johri, CEO of Tricentis , the investment reflects just how large the software testing industry is and how much enterprises are willing to spend on automated solutions. “It’s Testing software is a critical component of any organization’s progress and efforts to stay on top of innovation and technology. MORE
Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. ” Tasks like forecasting demand, ordering inventory and negotiating prices to algorithms were handed to machines, but humans could initially override the software’s decisions. Kwon started her own eCommerce management and software company, helping fashion and beauty merchants sell on major platforms, including Amazon. MORE
Apple is reportedly working with SAP to ensure that enterprise users of its smartphones and tablets can use SAP software on the devices. Reports in The New York Times Thursday (May 5) said Apple and SAP have launched a collaboration to develop iOS-friendly SAP software, the firms announced. SAP explained that it will be working to create mobile business apps for Apple devices that run on its HANA software platform. MORE
Under the terms of the deal, H&R Block will become the sole provider of tax software available at Walmart stores. “At At H&R Block, we give our clients the flexibility to prepare their taxes however they want, which includes offering them the products they want where they shop,” said Heather Watts, the tax software company’s senior vice president and general manager of digital. Retail H&R Block News partnership stocks tax software Uber walmart What's Hot MORE
Apple has been infiltrated by software pirates who figured out a way to use digital certificates to gain access to an Apple program, which corporations use to distribute business apps, as a means of rolling out hacked versions of popular apps. ” Shortly after Apple learned of the software pirates’ action, some were banned from the system – but just days later, Reuters spotted them using different certificates to offer the hacked apps again. MORE
tech companies to disclose if they allowed American adversaries to examine software sold to the U.S. The bill, approved by the Senate Armed Services Committee, comes after Reuters discovered that tech companies including Hewlett Packard , SAP and McAfee have allowed a Russian defense agency to look over software source code for vulnerabilities. In addition, some of the reviewed software was already deeply embedded in some of the most sensitive parts of the U.S. MORE
The anti-trust watchdog in Italy is gearing up to fine Apple and Samsung , stemming from complaints that the two used software updates to slow down smartphones. Consumer groups in Italy have been complaining that software updates for mobile phones lower the functionality of the devices in an attempt to force the consumer to purchase a new one. Mobile Antitrust Apple iPhone mobile software News regulation Regulator Samsung What's Hot MORE
Software Related Topics PYMNTS
FEBRUARY 19, 2019
Payroll and accounting software company Patriot Software is addressing the friction of onboarding employees to receive wages via direct deposit. “The entire onboarding process is completed within our web-based software application, and is entirely paperless.
PYMNTS
OCTOBER 30, 2018
30), Bank of America Merchant Services — the payments, eCommerce and security solutions company — said it and talech , a cloud-based restaurant management software company, are teaming up to roll out a POS solution for the full-service restaurant and bar industries.
PYMNTS
DECEMBER 3, 2018
Hackers might have another way to steal data from corporations: cryptomining software. Or they can download more software. Security & Fraud cryptocurrency Cyberattack Cybersecurity data theft Hackers mining News software What's Hot
PYMNTS
JANUARY 29, 2019
Equifax’s data breach of nearly two years ago hasn’t taught a majority of Fortune 100 companies a lesson, with reports stating that most are using the same vulnerable version of software that enabled hackers to infiltrate Equifax.
PYMNTS
FEBRUARY 14, 2019
Apple has been infiltrated by software pirates who figured out a way to use digital certificates to gain access to an Apple program, which corporations use to distribute business apps, as a means of rolling out hacked versions of popular apps. ” Shortly after Apple learned of the software pirates’ action, some were banned from the system – but just days later, Reuters spotted them using different certificates to offer the hacked apps again.
PYMNTS
OCTOBER 12, 2018
However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup.
PYMNTS
JUNE 19, 2018
Small business software provider Zetran is adding an accounting solution to its suite of services, the company said on Sunday (June 17). In a press release , Zetran said it saw a gap in the market for affordable automation software for small and medium-sized business accounting firms. The company aims to help fill that gap with its new accounting software product, myBooks.
PYMNTS
JULY 26, 2017
Sometimes, even the best businesses, big and small, need a little help from software. The latest PYMNTS.com Developer Tracker™ , powered by Vantiv, looks at companies around the space using software development to help build their businesses.
PYMNTS
APRIL 17, 2018
Enterprise software company Odoo is expanding into the Chinese market to target small businesses (SMBs) in need of enterprise resource planning (ERP) systems. B2B Payments B2B china ERP Inspur News Odoo SMBs software What's Hot In B2BA press release on Monday (April 16) said Odoo has launched a joint venture with Chinese cloud computing firm Inspur to expand into the market.
PYMNTS
MAY 24, 2017
From technology and financial service providers expanding their mobile offerings to software designers aiming to turn challenges for retail brands into software solutions, companies around the Developer space looked to bolster their offerings over the past month.
PYMNTS
SEPTEMBER 11, 2017
Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. According to a news report in the The New York Post , hackers were able to steal customers’ data — including Social Security numbers — due to a weakness in open source software developed by Apache Software Foundation.
PYMNTS
OCTOBER 24, 2018
The anti-trust watchdog in Italy is gearing up to fine Apple and Samsung , stemming from complaints that the two used software updates to slow down smartphones. Consumer groups in Italy have been complaining that software updates for mobile phones lower the functionality of the devices in an attempt to force the consumer to purchase a new one. Mobile Antitrust Apple iPhone mobile software News regulation Regulator Samsung What's Hot
PYMNTS
JUNE 5, 2017
Enter JDA Software. “At In addition to stocking the right items at the right location, JDA Software deployed through the XTP system can help retailers schedule the right employees at the right times and at the right location. Software companies have to think differently about the needs of the retailer now,” Prewitt said. “It’s Retail is more than a product on a shelf.
PYMNTS
JUNE 13, 2018
Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. ” Tasks like forecasting demand, ordering inventory and negotiating prices to algorithms were handed to machines, but humans could initially override the software’s decisions. Kwon started her own eCommerce management and software company, helping fashion and beauty merchants sell on major platforms, including Amazon.
PYMNTS
AUGUST 21, 2018
A new report revealed that the customer self-service (CSS) software market was valued at more than $5 billion last year, and is expected to grow to $13 billion by 2023. According to Global Customer Self-Service Software Market — Growth, Trend and Forecasts (2018 – 2023) , many companies are utilizing self-service portals to deliver instant information to their customers and clients on a variety of channels, including mobile phones, personal digital assistants, laptops and more.
Bank Innovation
SEPTEMBER 6, 2017
New rule changes under discussion by European Union regulators could allow EU banks to invest more in software, allowing them to better fight against cyber attacks, as well as to keep pace with fintech firms.
PYMNTS
FEBRUARY 27, 2018
Enterprise software company Zensoft wants to accept cryptocurrencies from its corporate clients and has announced a partnership with OPEN to facilitate that goal. 26) they are working together to enable Zensoft to accept digital currencies as payment for enterprise software development projects. The software company will deploy OPEN’s API, its blockchain Scaffolds and its State transaction receipts solution.
PYMNTS
MAY 25, 2018
tech companies to disclose if they allowed American adversaries to examine software sold to the U.S. The bill, approved by the Senate Armed Services Committee, comes after Reuters discovered that tech companies including Hewlett Packard , SAP and McAfee have allowed a Russian defense agency to look over software source code for vulnerabilities. In addition, some of the reviewed software was already deeply embedded in some of the most sensitive parts of the U.S.
PYMNTS
SEPTEMBER 25, 2018
Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The updates include connectivity with third parties, allowing its Fusion Framework System users to engage with their suppliers and other third parties in supply chains to streamline the vendor risk assessment process.
PYMNTS
MARCH 22, 2018
Nucleus Software, an India-based company providing financial institutions with lending and transaction banking technologies, has integrated more features into its offering to expand its clients’ trade finance capabilities. Nucleus Software noted that digitization of supply chain and trade finance processes can reduce that unnecessary spend and automate processes like document evaluation and due diligence.
PYMNTS
DECEMBER 5, 2016
Software AG has inked a deal to acquire Zementis, the San Diego, California company that provides software for deep learning, which is a component of machine learning and data science. In a press release , Software AG said deep learning is a key technology that drives artificial intelligence development. This combination has played a major role in the recent strategic IoT partnerships Software AG has established.”.
Bank Innovation
SEPTEMBER 4, 2017
A recent report by Malauzai Software showed that new app growth rate among banks and credit unions has slowed down by 8% this year. DataBank credit union Malauzai Software Mobile banking
PYMNTS
FEBRUARY 3, 2017
Tricentis just scored one of the biggest funding rounds for a B2B startup in a while — raising $165 million — for its software testing solution. According to Sandeep Johri, CEO of Tricentis , the investment reflects just how large the software testing industry is and how much enterprises are willing to spend on automated solutions. “It’s Testing software is a critical component of any organization’s progress and efforts to stay on top of innovation and technology.
PYMNTS
JUNE 6, 2018
SAP has announced what Reuters called “its biggest product makeover in years,” as the enterprise software conglomerate steps up against rivals. The publication said Tuesday (June 5) that SAP is consolidating its sales, marketing and customer service software, bundling the offerings into a suite of solutions under its business planning offerings. Simultaneously, SAP also revealed the acquisition of Coresystems , a Switzerland-based customer service software provider.
PYMNTS
APRIL 4, 2016
Acctivate is readying to debut its small business inventory management software, but the company won’t be doing so quietly. In an announcement on Friday (April 1), the firm said it will present Acctivate Inventory Management Software on national television.
PYMNTS
NOVEMBER 16, 2016
Its long been known that Android devices aren’t as secure as Apple’s iOS, but a new report revealed that some Android devices could get infiltrated with software that tracks a user’s behavior with their mobile device, including phone calls and text messages, and sends the data to China. The report noted that China-based Shanghai Adups Technology developed the software, which is installed on an unknown amount of Android-based devices. The software doesn’t stop there either.
PYMNTS
MAY 27, 2016
Automation and accounting software may be to blame, the publication said. The firm just announced a partnership with SME cloud accounting frontrunner Intuit QuickBooks, an alliance that will help BDO extend Intuit’s financial management software to the firm’s clients. ” Johnson noted there are key performance indicators — the metrics that need to be understood in order for a company to grow and progress — that cannot be automatically identified by software.
PYMNTS
MAY 6, 2016
Apple is reportedly working with SAP to ensure that enterprise users of its smartphones and tablets can use SAP software on the devices. Reports in The New York Times Thursday (May 5) said Apple and SAP have launched a collaboration to develop iOS-friendly SAP software, the firms announced. SAP explained that it will be working to create mobile business apps for Apple devices that run on its HANA software platform.
PYMNTS
APRIL 19, 2017
Microsoft just recently announced the acquisition of Intentional Software, a tech company with a focus on team productivity applications founded in 2002 by Microsoft’s own former chief architect Charles Simonyi. The move to acquire Intentional Software signals Microsoft’s intent to boost its future productivity solution capabilities.
PYMNTS
JUNE 16, 2017
In the latest the latest Aspect Agent Experience Index by Aspect Software , it was revealed that approximately 80 percent of calls that come into a call center are ones that require little effort. Aspect Software Chief Customer Officer Joe Gagnon commented on this chatbot and agent mix phenomenon in the company’s release. ” Retail Aspect Software call center chatbot chatbots customer care customer satisfaction customer service News
PYMNTS
JANUARY 17, 2018
Under the terms of the deal, H&R Block will become the sole provider of tax software available at Walmart stores. “At At H&R Block, we give our clients the flexibility to prepare their taxes however they want, which includes offering them the products they want where they shop,” said Heather Watts, the tax software company’s senior vice president and general manager of digital. Retail H&R Block News partnership stocks tax software Uber walmart What's Hot
PYMNTS
JANUARY 3, 2017
and a handful of lesser known software companies are gearing up for IPOs in 2017 in a sign that the IPO market could finally be on the upswing. According to a report in Malay Mail , expected IPOs out of Snap, Apttus, Tintri and Okta are a leading indicator that there is wider demand for software IPOs heading into the new year. What’s more, the enterprise software companies tend to have valuations in the moderate range of from $500 million to $4 billion. Snap Inc.
PYMNTS
JANUARY 31, 2017
30) said Tricentis raised $165 million last week for its software testing services. The Series B funding will help the company expand its footprint in the software testing market, which CEO Sandeep Johri said is slowed down by manual testing. After, testers assess that software , identify bugs then hand the software back to coders to fix. Once most of the bugs have been identified and fixed, the software goes into beta testing, where even more are discovered.
PYMNTS
SEPTEMBER 6, 2016
Hewlett Packard Enterprise (HPE) is looking to separate out its software unit, reports late last week said. Reports by The Wall Street Journal , and circulated by other outlets , said HPE is seeking between $8 billion and $10 billion to sell its software unit, leaving HPE to focus on its cloud storage services, networking, servers, business-critical systems and technology systems, reports added. software firm Autonomy in 2011.
PYMNTS
SEPTEMBER 5, 2016
Brave Software , the new ad-free browser, announced last week it released Brave for desktop and the beta of Brave Payments, its bitcoin-based micropayments system that lets users automatically and privately pay their favorite websites. Because of that, neither Brave Software nor any other entity can correlate browsing page visits with payments. Payment Methods ad-free browser adblocker Brave Software News What's Hot
PYMNTS
APRIL 27, 2017
Regardless of whether you’re talking about — retail, manufacturing or wholesale distribution — organizations are trying to become more agile,” said Fabrizio Brasca, VP of Industry Strategy at supply chain and retail solutions provider JDA Software. For their part, JDA Software recently expanded its partnership with predictive analytics company TransVoyant, which employs advanced analytics on real-time big data curated from a number of devices to produce live and predictive insights.
PYMNTS
JULY 31, 2018
In terms of trends, Barodawala has discovered some interesting patterns through the software. Either way, airlines can use the software to direct people to lower capacity flights by offering them more money for a one flight over another. Airlines often have a tough time with an inconvenient yet necessary aspect of running their businesses — quickly moving passengers between flights.
PYMNTS
DECEMBER 8, 2016
In a press release , Fitbit said it acquired Pebble’s key personal and intellectual property related to software and firmware development. Fitbit, the leading wearable fitness tracker device maker, announced Wednesday (Dec. 7) that it has acquired Pebble, a pioneer in the smartwatch markets. The acquisition excludes the company’s hardware products. Terms of the deal were not disclosed, but media reports last week pegged the price tag at anywhere from $35 million to $40 million.
PYMNTS
AUGUST 20, 2018
The software is popular with younger generations, which is an important group to attract. “We’ve American Banker , citing Citi Ventures, reported that the investment shows banks are embracing and implementing AI. According to the report, the investment provides more insight into how Citigroup is using AI across the company.
PYMNTS
JUNE 4, 2016
When most people worry about computers taking over the future, they are more likely than not reacting to the sort of sci-fi doomsday scenario they see in movies like “The Terminator” or “The Matrix.” For those who are unfamiliar, the plot for such a scenario involves human beings building computers that become self-aware and decide immediately to overthrow and enslave us.
PYMNTS
APRIL 26, 2016
Bad news broke on Monday morning (April 25) for global payments messaging platform SWIFT as BAE Systems released analysis concluding that cyberthieves hacked into SWIFT’s software , causing the $81 million bank heist from the Bangladesh central bank. A blog post on the company’s site outlined how attackers hacked into SWIFT’s Alliance Access software, which supported the Bangladesh Bank’s payment system infrastructure.
The Paypers
FEBRUARY 20, 2019
(The Paypers) Fingerprint Cards has launched its Biometric Software Platform for payments, named FPC-BEP, targeting payment cards, wearables and USB dongles
PYMNTS
NOVEMBER 16, 2016
GE may have something with its software business, announcing Tuesday (Nov. 15) that its software and services business is expected to hit $6 billion in sales in 2016. Predix helps GE customers create software that can power internet-connected industrial machinery and have the machines communicate with each other. The two startups — BitStew and Wise.io — will also add artificial intelligence to the Predix software. Internet of Things GE IoT software What's Hot
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