FinTech partnerships with credit unions rose nearly 20% last year, even as similar arrangements with large banks fell sharply, indicating a reallocation of effort toward institutions that can move more quickly and test new models with fewer layers of constraint. What had been a supplemental...
Uber Technologies plans to acquire Blacklane, a company that provides an app and web booking platform that connects guests with independent local chauffeur services in 500 cities across 60 countries. Subject to customary closing conditions, the acquisition is expected to close by the end of...
Uber is teaming with autonomous mobility companies Pony.ai and Verne to launch Europe’s first commercial robotaxi service. The project is slated to get underway soon in the Croatian capital of Zagreb soon, with initial development work already happening, Pony.ai announced Thursday (March 26). “The three...
Amazon has acquired Fauna Robotics, a firm that designs and assembles humanoid robots that can be used around people and are likely to be marketed to consumers. The acquisition was announced in posts on LinkedIn by Fauna Robotics Co-founder and CEO Rob Cochran and Co-founder and Chief Technology...
Nasdaq has launched a partnership with digital assets trading platform Talos. The collaboration will connect Talos’ digital asset infrastructure with Nasdaq’s Calypso and Trade Surveillance platforms to create a solution for managing tokenized collateral, the companies announced in a news release Monday (March 23). “The...
Prediction market Polymarket has signed a new agreement with Major League Baseball (MLB). This agreement makes Polymarket the baseball’s official prediction markets exchange, the league announced Thursday (March 19). “A key component of the partnership between MLB and Polymarket will be establishing a comprehensive integrity...
Paythru, a payments orchestration platform focused on electric vehicles (EVs), has partnered with Visa to create a white-label fleet wallet for EV charging payments. The fleet wallet is designed for fleet operators and mobility platforms, Paythru said in a press release. The wallet lets fleet drivers charge at...
OpenAI says it is acquiring Astral, a startup that creates Python tools for developers. The deal, announced Thursday (March 19), is part of the company’s increasing focus on coding, and is designed to integrate Astral’s team with OpenAI’s Codex project. “Our goal with Codex is to move beyond AI that...
J.P. Morgan Payments and Mastercard have launched a new virtual card in Europe. The new offering is designed to support traditional accounts payable needs in industries such as insurance, healthcare, travel and commercial real estate, the banking giant said in a news release provided to PYMNTS on Wednesday (March...