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A three-month-old Los Angeles-based startup is using data analysis, artificial intelligence AI and 3D imaging to take on the traditional fashion industry, by only making clothes that people actually vote to wear 鈥?for a fraction of the cost and none of the waste. Finesse.us is the creation of CEO Ramin Ahmari, who characterizes his company as Fashion 3.0 聽 or Zara meets Netflix, since it eliminates the traditional catwalk and glamour magazine shoots and replaces them with actual customer feedback and data in a much more environmentally sustainable way. The fashion industry touches everyone lives in one way or another, Ahmari said in a recent chat with PYMNTS, but it one that has been largely untouched by any technology, let alone deep technology. Most people would place fashion and tech at opposite ends of the spectrum 鈥?including the legacy industry itself 鈥?which is why fashion is an incredibly inefficient and unsustainable industry, he believes. There are two trends that we see in this industry: one of them is the emergence of new data, and the other is this consistent inefficiency, Ahmari explained. So that really what Finesse is all about: using Big Data and AI to figure out how we can get rid of all the inefficie stanley cupe ncies that are so inh stanley termosky erent stanley nz in fashion today. Even Faster Fashion When you look at most fast-fashion houses 鈥?or general fashion houses 鈥?right now, they produce as much as they can and hope that something will stick and end up Kmrc Data Dive, Earnings Edition: Green Dot Hits, OnDeck Misses, And First Data Looks Ahead
Mobile capture and identity solutions provider Mitek announced the launch of its Mobile Multi-Check Capture capabil stanley cup ity as part of its Commerce Mobile Deposit Capture solution yesterday Nov. 3 .The new capability will allow businesses to use a mobile device to make batch deposit stanley france s thus reducing the need for scanners and multiple trips to a bank branch location or ATM, the company said. There are 19 billion checks written annually, and businesses receive two-thirds of them. This is motivating businesses to look for mobile tools that allow them to quickly process payments without a trip to the bank, extra hardware or the interchange fees associated with credit cards, James B. DeBello, president and CEO of Mitek, said in a news release. Mobile Multi-Check Capture provides significant value to these businesses and is the greatest innovation since the introduction of Mobile Deposit, DeBello added.The Mobile Multi-Check tool authorizes employees to process check payments on the go via mobile devices and also includes the following features: fully automated touch-free batch capture through Mitek MiSnap, minimal data entry, single deposit processing for batch checks to expedite payments, enhanced review screen, field flexibility and a modernized API for partners and banks.Mitek confirmed the Mobile Multi-Check capability will be made available in Dec. 2015.The compa stanley cup ny launched its Commerce Mobile Deposit Capture solution earlier this year, allowing Mitek to tap into the B2B


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