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Mavenoid, which automates technical support and onboarding for hardware companies, raises $30M

TechCrunch

Founded out of Stockholm in 2017, Mavenoid works with hardware and consumer electronics companies including HP, Husqvarna, and Jabra, serving to automate technical support and onboarding for customers spanning everything from printers and ovens, to electric scooters and industrial equipment. ” Technical support.

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What is S/4HANA? SAP’s latest ERP system explained

CIO

This technology eliminates the more complex and slower process of first extracting and consolidating data from multiple database tables using queries before displaying the results, as was the case with the previous version. Storing data in the main memory allows queries to be executed very quickly (in real-time).

System 166
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PenFed to bank on gen AI for hyper-personalization

CIO

million members, as a credit union PenFed doesn’t have the resources of a traditional bank. It doesn’t have an innovation lab or center of excellence to help it develop new technologies. But it does have more than eight years of experience leveraging supervised ML to support credit risk modeling and decision making.

Banking 148
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Nigeria’s ThankUCash secures $5.3M to build infrastructure for cashback, deals and BNPL services

TechCrunch

Ononobi, a serial entrepreneur who previously built a payments company and also apps for Nigerian banks and the government, reckons that ThankUCash will do to rewards the same thing Flutterwave and Paystack did to payments in Africa. Some companies such as banks have launched cashback programs via debit cards to users in the past.

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Oscilar emerges from stealth to fight transactions fraud with AI

TechCrunch

. “Sachin and I were at companies with some of the world’s top engineering talent, yet both of us were confounded by how cumbersome and, frankly, ineffective the prevailing risk decisioning technology was,” Narkhede told TechCrunch in an email interview. At the same time, risk has indeed increased.

Fintech 219
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France’s strategy for EU startup policies: Talent and money

TechCrunch

In addition to compiling best practices, it can provide technical support and monitor progress. Some national investment banks, such as Bpifrance, have also been backing funds in their own countries. Some national investment banks have also announced that they’ll invest money directly in large late-stage funds.

Policies 215
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Fed News Roundup 13 July 2015

CTOvision

CSC takes another step toward split Washington Technology (Today) - With a new set of SEC filings, Computer Sciences Corp. DOJ ties IT upgrade to building consolidation Washington Technology (Today) - The Justice Department is moving in parallel to upgrade its desktop infrastructure while it undertakes several building consolidation efforts.