Affirm Holdings Inc. is broadening its footprint in the payments sector through two new partnerships, Fanatics and FreshBooks, aimed at deepening its presence among both consumers and small businesses. The San Francisco–based financial technology company announced Thursday (Oct. 16) that it will integrate buy now,...
Cryptocurrency platform Kraken has acquired Small Exchange, a Commodity Futures Trading Commission-licensed designated contract market, from IG Group for $100 million. This acquisition expands Kraken’s global trading infrastructure and supports it plans to launch a fully U.S.-native derivatives product suite, Kraken said in a Thursday...
Restaurant management system SpotOn has launched a collaboration with Visa. The partnership, announced Wednesday (Oct. 15), integrates Visa Direct into SpotOn’s DayCheck solution, letting restaurants simplify tip payouts. “Independent restaurants are under pressure to do more with less, and that includes finding ways to support...
Mastercard has teamed with U.S. Bank to help the bank’s cardholders manage digital subscriptions. The new solution created by the two companies and announced Wednesday (Oct. 15) lets cardholders view and manage their digital subscriptions directly within the U.S. Bank Mobile App and online banking....
Walmart’s agentic commerce partnership with OpenAI reportedly drove the retailer’s stock 5% higher, marking its biggest one-day gain since April and taking it to a record high. The partnership could also help Walmart, whose shares have already been on the rise for three years, boost...
Goldman Sachs is acquiring Industry Ventures, a venture capital platform managing $7 billion. “Industry Ventures pioneered venture secondary investing and early-stage hybrid funds, areas that are rapidly expanding as companies stay private longer and investors seek new forms of liquidity,” said David Solomon, Goldman’s CEO,...
One Inc, a digital payments network for the insurance industry, is now enabling faster lienholder payments for total loss vehicle claims on Copart’s Title Express and Loan Payoff system. Copart, an operator of online vehicle auctions, integrated One Inc’s ClaimsPay platform to improve the claims...
Walmart announced on Tuesday (Oct. 14) that it has partnered with OpenAI to create AI-first shopping experiences, allowing customers and Sam’s Club members to complete purchases directly within ChatGPT using Instant Checkout. The partnership expands Walmart’s use of artificial intelligence across its retail operations and...
Bilt is offering homeowners a chance to earn rewards for timely mortgage payments. The loyalty platform on Tuesday (Oct. 14) announced a partnership with United Wholesale Mortgage (UWM), the country’s largest mortgage lender. With this collaboration, UWM becomes the first mortgage platform to let loan customers...