Work Function: Accounting and Finance
Agritech startup FarmWise raised $14.5 million in series A funding to develop farming robots that can automate seeding to harvest and personalize plant care
Online payment software provider Stripe introduced Stripe Capital, new loan service for Internet businesses integrated to its platform
Shenzhen’s blockchain-based tax invoicing system developed by Tencent has already issued six million invoices one year after launch
Blockchain company Blockcstack became first company to be approved by U.S. Securities and Exchange Commission (SEC) to hold ICO for general public
IBM launched global payments blockchain network for cross-border transactions, which will support Stellar Lumens and other stablecoins from partnering banks around world
Fintech startup Pagaya announced value of total asset-backed securities managed by its artificial intelligence system has reached $100 million
U.S. investment bank JPMorgan Chase creating cryptocurrency JPM Coin whose value will be tied to dollar and launched on its own Quorum blockchain
Spanish bank BBVA issued first green bond, worth €35 million (approximately $40 million), on blockchain from insurance firm Mapfre
U.S. Companies’ Top AI Use Cases
U.S. companies using AI to solve variety of problems across business functions, with IT automation and quality control mentioned most frequently in 2018 Deloitte study