Global payments processor Thredd said Monday (Oct. 27) that it has entered the credit space and has integrated LoanPro’s composable credit infrastructure to underpin its new offerings. Thredd’s credit solutions for FinTechs and financial organizations are part of the company’s strategy to provide full-stack embedded...
Global data and technology company Experian has acquired regulatory technology provider KYC360 in the United Kingdom and Ireland. KYC360’s customer lifecycle management solutions, which support know your customer (KYC) and know your business (KYB) processes, will be fully integrated into Experian’s data, analytics, and credit...
Ohio’s Huntington Bancshares is reportedly acquiring Cadence Bank for $7.4 billion. That’s according to a report Monday (Oct. 27) by the Wall Street Journal (WSJ), which calls the all-stock deal the latest indication that such acquisitions are once again an option for banks facing pressure in a highly segmented sector. The...
Multinational payments technology company Juspay has integrated Mastercard’s Click to Pay in Brazil and will offer merchants a plug-and-play integration. With the addition of Click to Pay to Juspay’s platform, merchants can enable faster checkout with tokenized card credentials, biometric authentication that shifts fraud liability...
Diversified technology investment company Snowball & Co. has acquired FinTech startup Adro and will combine it with the investment company’s FinTech subsidiary, Finfare Money. Adro provides banking access and credit solutions for international entrepreneurs, students and workers, while Finfare Money offers a platform that simplifies...
Chipmaker Nvidia and ride-hailing giant Uber are teaming up to advance autonomous driving technology, a move that sent Uber’s stock up 3.5% on Thursday afternoon. According to a post on X, the partnership centers on Nvidia’s Cosmos World foundational artificial intelligence (AI) model, which will...
OpenAI has acquired Software Applications Inc., an AI startup founded by former Apple engineers who helped build the iPhone’s Shortcuts app, according to Bloomberg. The deal strengthens OpenAI’s effort to make ChatGPT more interactive by integrating it directly with users’ computers, enabling the model to...
U.S. Bank treasury clients can now access Treasury Prime’s Bank OS platform. It’s available through the bank’s online marketplace of third-party payment and treasury solutions. According to a Thursday (Oct. 23) press release, Treasury Prime joined the U.S. Bank Connected Partnership Network. This network helps...
Payments processor Finix is integrating with Canadian payments provider Interac. The integration with Interac Debit brings in-store payments to Canadian merchants on the Finix platform, part of the company’s rapid expansion of its payment offerings in Canada, the companies said in a Thursday (Oct. 23)...