E-commerce and multi-channel fraud prevention software provider Riskified has received $165 million in a Series E funding round led by global growth investor General Atlantic.

The team has already built three customer-facing AI tools this year, which it hopes to keep building upon.

Short of replacing member service representatives with robots, artificial intelligence has the capacity to help credit unions make better lending decisions that can improve business.

It should offer some form of guidance to spur innovation, a former official with the bureau says.

It's time to establish a fintech commission.

AI can be utilized for back-office efficiencies like conducting compliance tasks and automating manual, paper-based processes. This redirects resources and human capital in a way that is likely to increase productivity, says Episode Six's John Mitchell.

Revenue growth, especially at scale, is never an accident, and requires a different approach to payments management, says Chargebee's Krish Subramanian.

As the number of payment types and channels increase, manual processes to handle fraud can rapidly become unmanageable, says The ai Corporation's Oliver Tearle.

It's time to establish a fintech commission.

In an international expansion move, AI-powered grocery cart startup Caper has begun a pilot with one of Canada’s largest grocery chains, Sobeys, at a suburban Toronto location.