JPMorgan and other banks stopped a $5.3 billion debt deal for software firm Qualtrics International after investors in the leveraged loan and junk bond markets declined to participate, Bloomberg reported Tuesday (March 17). The report attributed the halt of the deal, which was in early...
There’s a fundamental flaw in how many observers view the stablecoin boom. There’s an assumption that the ability of stablecoins to improve settlement is equivalent to replacing the payments experience. The logic, after all, appears straightforward: if stablecoins enable faster, cheaper, always-on settlement, why would...
Secure connectivity firm Tailscale has acquired privileged access management (PAM) firm Border0, Tailscale said in a Tuesday (March 17) blog post. This acquisition adds Border0’s solutions for managing access to sensitive infrastructure such as production systems and Kubernetes to Tailscale’s solutions for secure connectivity, according...
Reviews website Trustpilot is reportedly seeking partnerships with eCommerce giants amid the rise of AI-powered shopping. “If you imagine AI agents are out there doing the shopping, they want to know as much as possible about different businesses, and the best AI agents will be...
Video editing software company MotionVFX says it has been acquired by Apple. “For over 15 years, we’ve been on a mission to create world-class, visually inspiring content and effects for video editors,” the company said on its website Monday (March 16) “From the very beginning, we’ve been all about...
Visa has expanded its partnership with payments and financial technology provider Fiserv. The collaboration, announced in a news release Monday (March 16), introduces what Visa calls a “unified, API driven acceptance layer” aimed at simplifying integration for acquirers and helping merchants boost authorization rates, prevent fraud and improve customer...
Truist Financial has teamed with Plaid to expand open banking access for its clients. The data access agreement is designed to give customers better financial control and insights, Sherry Graziano, Truist’s head of digital, client experience and marketing, said in a Thursday (March 12) news release. “This is...
FinTech Wizz Financial achieved a company milestone for cross-border transactions, according to a Thursday (March 12) press release. Wizz completed its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, the release said. The transaction was carried...
Visa and Santander have launched an agentic commerce partnership in Latin America. The companies announced Thursday (March 12) that they had completed a series of pilot agentic commerce transactions in five markets — Argentina, Brazil, Chile, Mexico and Uruguay — powered by Visa Intelligent Commerce (VIC) solution. The pilot marks...