Klarna is expanding its travel industry offerings via a new partnership with Qatar Airways. Travelers booking flights on the airline can choose one of Klarna’s installment payments at checkout, the companies said in a Tuesday (Oct. 14) news release. The agreement is facilitated by Klarna’s...
KNEX and Visa are teaming to embed virtual card capabilities into Oracle’s ERP systems. The collaboration “addresses a longstanding challenge for businesses: costly development of integrations and manual supplier payments that lack visibility, slow operations, and increase payment risk,” the companies said in a Monday (Oct. 13) news release....
The United Kingdom’s Financial Conduct Authority has partnered with Raidiam to help firms simulate and test data sharing in support of open finance. Raidiam will provide the companies participating in the FCA’s Smart Data Sprint that was announced Monday with access to a stable testing...
FIS said Friday (Oct. 10) that its planned acquisition of Global Payments’ Issuer Solutions business remains on track despite the company’s need to refile information with a U.K. regulator. “In the normal course of the UK Competition and Markets Authority’s (CMA) review of the transaction,...
CoreWeave has agreed to acquire Monolith AI, a London-based company that builds artificial intelligence tools to help engineers design and test products more efficiently. The company said the deal will allow it to “expand AI cloud platform into industrial innovation,” connecting its computing infrastructure with industrial...
A new bank-led project focused on digital money was announced Friday (Oct. 10), and another such project gained a member. Ten international banks are jointly exploring the issuance of an industry-wide form of digital money and are in contact with regulators and supervisors in the...
Crypto exchange Coinbase and payments giant Mastercard are reportedly in advanced negotiations to acquire BVNK, a London-based FinTech company specializing in stablecoin payment infrastructure, according to Fortune. The outlet cited six individuals familiar with the discussions, noting that the talks remain ongoing and a final...
Beginning in 2027, some consumers may be able to buy an autonomous vehicle, use it when they need it, and let it go to work at a rideshare network when they don’t need it. That scenario is part of a planned partnership announced in a...
A UnitedHealth Group affiliate plans to acquire a Boston-area primary care group called Acton Medical Associates, Bloomberg reported Thursday (Oct. 9), citing a notice posted by the Massachusetts Health Policy Commission. Atrius Health, an affiliate of UnitedHealth Group’s Optum division, has agreed to acquire the...