Plaid and Fin have partnered to enable FinTechs and financial institutions to help their end users connect or reconnect their bank accounts securely within Fin Messenger chat. This capability is enabled by Plaid’s account linking service Plaid Link and Fin’s artificial intelligence agent for customer...
Finastra says software acquisition company CORA Group has purchased its U.S. mid-market banking business. The deal, announced by the FinTech on Wednesday (June 3), covers brands including the Phoenix Core Banking System, MalauzAi Digital Banking, Analyzer IQ, and Enterprise Content Management. “Finastra’s U.S. Mid-Market business...
Nvidia acquired predictive artificial intelligence software startup Kumo AI for $400 million, The Information reported Wednesday (June 3). The report, which cited an unnamed source, characterized the deal as something of a departure for Nvidia, which has invested heavily in open-weight models, while Kumo’s are...
Pinterest has signed a $4 billion cloud services agreement with Amazon Web Services stretching through 2031, the largest infrastructure commitment the visual discovery company has ever made. According to a Thursday (June 4) press release from Amazon, the deal extends a relationship between the two...
Watch more: The Digital Shift With Steve Pinado of NMI Consumers increasingly choose among cards, account-to-account transfers, digital wallets, real-time payments and installment options based on circumstance rather than habit. Businesses are making similar calculations, weighing cost, speed, settlement requirements and customer preferences before deciding...
First National of Nebraska, with its subsidiary FNBO (First National Bank of Omaha), plans to expand its presence in Kansas City, Missouri, by acquiring Blue Ridge Bancshares and its wholly owned subsidiary Blue Ridge Bank and Trust Co. FNBO has entered into a definitive agreement...
Embedded payments infrastructure company NMI said it has acquired pricing intelligence provider Fee Navigator. The deal is designed to expand on NMI’s artificial intelligence (AI) capabilities by adding specialist pricing intelligence to its embedded payments platform, the company said in a news release Tuesday (June...
Cross-border payments company OpenFX is set to acquire Dutch payments infrastructure business Embed. The deal gives OpenFX its first “regulated presence” in the European Economic Area and the United Kingdom, as Embed holds licenses in all EEA states and the U.K., via the Financial Conduct...
European pay-by-bank network TrueLayer has expanded into credit by acquiring Dutch buy now, pay later (BNPL) provider in3. This combination will enable TrueLayer to offer both debit and credit at checkout, will provide merchants an alternative to cards and card-dependent credit products, and will allow...