OpenAI has acquired Software Applications Inc., an AI startup founded by former Apple engineers who helped build the iPhone’s Shortcuts app, according to Bloomberg. The deal strengthens OpenAI’s effort to make ChatGPT more interactive by integrating it directly with users’ computers, enabling the model to...
U.K. bank and FinTech Allica Bank has acquired small and mid-sized business (SMB) lending FinTech Kriya. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Modern Treasury acquired Beam to create a money movement platform that includes both traditional and stablecoin settlement rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Digital gaming company DraftKings has acquired Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, which is a federally licensed exchange designated by the Commodity Futures Trading Commission and focuses on event-based contracts. Get the Full Story Complete the form to unlock this article and...
Global Payments’ planned acquisition of Worldpay was OK’d Monday (Oct. 20) by the United Kingdom’s Competition and Markets Authority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
CVS Pharmacy said it is now serving more than 9 million former Rite Aid and Bartell Drugs patients after completing its acquisition of select assets of the now-closed Rite Aid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fifth Third Bancorp’s third quarter results showed growth in demand deposit accounts, embedded payments and limited exposure to NDFIs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Revolut has acquired Swifty, a startup that offers an artificial intelligence-powered travel agent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Banks are reportedly preparing to sell $1.2 billion of debt associated with Apax Partners’ acquisition of Finastra’s treasury and capital markets business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...