PayPal is set to acquire marketplace and dropship automation platform Cymbio. As the company noted in a news release Thursday (Jan. 22), PayPal has in the past worked with Cymbio as part of its agentic commerce services. “Acquiring Cymbio’s technology and team will enhance our agentic commerce capabilities and...
Yelp is bolstering its AI capabilities by acquiring artificial intelligence-powered customer communication platform Hatch. The online business directory announced the deal Wednesday (Jan. 21), saying it would employ Hatch’s lead management solutions to better assist service businesses as they adopt AI. “The acquisition of Hatch...
Regions Bank has launched a partnership with payments technology company Worldpay. The collaboration, announced Wednesday (Jan. 21), is designed to improve how the bank’s business clients accept payments and manage cash flow operations. “Accepting payments allows Regions’ business clients to sell in-store, online, and anywhere...
Payments infrastructure provider Acquired.com has launched a partnership with Visa in the U.K. The collaboration, announced Wednesday (Jan. 21), is designed to bring to market Visa A2A, an account-to-account (A2) payment solution, for recurring and variable payments. “Recurring payments underpin lending, insurance, utilities, and collections; but while...
Indiana-based credit union Financial Center selected credit union service organization (CUSO) Velera to provide it with debit and credit card processing services. Velera will begin providing the credit union with debit and ATM support in July, and it will add credit services in August, the companies said in a...
Uber and its associated apps have launched a partnership with grocery chain Kroger. The collaboration adds nearly 2,700 Kroger-owned stores to Uber, Uber Eats and Postmates, letting customers around the country shop and order same-day delivery, the companies announced in a Thursday (Jan. 15) news release. “Customers’ needs evolve constantly, and...
Payments infrastructure FinTech company Stripe has completed its acquisition of billing company Metronome. “We believe the shift toward usage-based models will be a defining feature of the next decade for our industry,” Stripe Co-founder and CEO Patrick Collison said in announcing the completed deal on...
Payment processor Thredd launched a partnership with Australia-based payment orchestration platform Paywith. The collaboration is designed to help businesses launch “flexible, customer-centric card programs” with the help of Paywith’s technology and Thredd’s local market expertise and infrastructure, according to a Thursday (Jan. 15) press release....
Last year saw merger and acquisition (M&A) deals climb to an almost record high. That, in turn, led to record revenues for Citigroup, according to fourth-quarter 2025 earnings results reported by the bank Wednesday (Jan. 14). Citi saw an 84% jump in advisory fees during...