Payments and financial technology provider Fiserv is teaming with AI agent lab Cognition. The collaboration will see the companies use artificial intelligence (AI) software engineer, Devin, to modernize core banking technology and shorten the time it takes for new capabilities to reach Fiserv financial institution customers, Fiserv...
Payment processor Finix says it has launched a new integration with Visa’s Cybersource acceptance solution. The integration, announced Thursday (May 28) is designed to let merchants combine Cybersource’s gateway and plugin ecosystem with Finix’s payments platform for processing, settlements, reconciliation, reporting and payouts. “Businesses sometimes stay with legacy processors because replacing...
Flexible payments provider Klarna has launched a partnership with mobility platform Arrive. The collaboration, announced Thursday (May 28), lets drivers pay for parking with Klarna’s Pay in Full, which will be available in Arrive’s EasyPark app, allowing for instant payments. “This provides consumers with more flexibility and control over their...
Uber Technologies has increased its stake in Delivery Hero to 36.83% by buying Aspex Management’s share of the German food delivery platform, Bloomberg reported Wednesday (May 27), citing a regulatory filing by Delivery Hero. The deal also raised Uber’s voting rights attached to shares to 24.99%, according to the report. Uber’s...
Nium and Circle have teamed to link stablecoin settlement with global payout infrastructure. The partnership will see the cross-border payments company join Circle’s Payments Network (CPN) as a payout partner, the companies said in a Thursday (May 27) news release. This will allow financial institutions to move funds via...
U.S. PayPal users traveling in China will soon be able to complete payments at tens of millions of Weixin Pay merchants across China by scanning QR codes. The capability will be enabled by the partnership between TenPay Global, which is Tencent’s cross-border payment platform, and...
Hotels will be able to request, track and bill Uber rides within Mews’ hotel operating system. This capability will be enabled by a new strategic partnership in which the companies will embed ride booking, real-time tracking and integrated billing into the platform, Mews said in a Tuesday (May...
Card-issuing platform Marqeta is teaming up with Banking Circle to expand in Europe, according to a Tuesday (May 26) press release. The collaboration is designed to bring Marqeta’s account and money movement tools to 30 new European countries, the release said. “Europe represents one of...
Canadian regulators have approved Robinhood’s bid to acquire digital asset products and services company WonderFi. The Toronto-based WonderFi announced Monday (May 25) that the Canadian Investment Regulatory Organization (CIRO) had approved the deal, which Robinhood has said will help deepen its capacity to offer programmable finance...