The European Union has cleared Microsoft’s buy of Nuance, an artificial intelligence (AI) and cloud computing company, according to a Wednesday (Dec. 22) press release from the European Commission, which found the acquisition doesn’t pose competition concerns in the EU. Get the Full Story Complete...
Fintech Oportun has acquired neobanking platform Digit, which provides automated savings, investing and banking tools, the companies announced Wednesday (Dec. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Shipping giant AP Moeller-Maersk AS has signed off on a $3.6 billion acquisition deal for omnichannel fulfillment company LF Logistics Holdings, according to a Wednesday (Dec. 22) press release. The deal is expected to close in 2022. Get the Full Story Complete the form to...
Indian InsurTech Edelweiss General Insurance (EGI) recently partnered with digital payments platform PhonePe to offer digital motor insurance products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
In a year overshadowed by supply chain snags, Denmark’s shipping giant A.P.-Moller Maersk A/S (Maersk) is acquiring Hong Kong-based distribution firm LF Logistics to strengthen the former’s capabilities beyond ports, giving it reach into inland distribution and last-mile delivery. Get the Full Story Complete the...
Avadian Credit Union has agreed to buy Citizens State Bank in its home state of Alabama, in a move that marks the 13th time this year a credit union (CU) has acquired a bank. Get the Full Story Complete the form to unlock this article...
Independent investment research firm Morningstar has agreed to purchase wealth management platform provider Praemium Limited’s operations in the United Kingdom, Jersey, Hong Kong and Dubai for 35 million pounds ($46.3 million), according to a Tuesday (Dec. 21) press release. Get the Full Story Complete the...
Team8, an Israeli creator of cybersecurity startups, is partnering with Deloitte, an auditing, consulting, tax and advisory services provider to develop and implement cutting-edge technologies for financial services, according to a Tuesday (Dec. 21) press release. Get the Full Story Complete the form to unlock...
Mastercard has inked a deal with McDonald’s to acquire the fast-food chain’s personalization platform, Dynamic Yield, according to a Tuesday (Dec. 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...