Merger and acquisition (M&A) deals are reportedly on track to reach $3.1 trillion this year. That’s up 35% during the same period in 2024, and puts this in line to be the best year for M&A since 2021, the Financial Times (FT) reported Tuesday (Sept....
DoorDash is expanding its partnership with grocery chain Kroger to 2,700 new stores. The updated collaboration kicks off Oct. 1 and will cover deliveries of fresh foods, essential items and Kroger’s private label “Our Brands” products to millions of customers, DoorDash announced Monday (Sept. 29)....
Mastercard is expanding its longtime partnership with corporate payments firm Corpay. The two companies now allow corporations, small businesses and financial institutions to make near real-time payments to 22 new markets throughout Asia, Europe, the Middle East, Africa and Latin America, according to a Monday...
Payments processor Thredd has expanded its partnership with card/payment/foreign exchange specialist OFX. After launching in Australia, Canada and Europe, OFX is extending its reach into the U.S. and parts of the Asia Pacific region, Thredd announced in a news release Thursday (Sept. 25). Thredd offers the “processing backbone,” compliance expertise...
Financial institutions can now deploy Nasdaq Calypso capital markets and treasury infrastructure on the AWS cloud. The capability is enabled by an expanded partnership in which AWS will offer this infrastructure as a fully managed service while Nasdaq will manage the underlying infrastructure, the companies...
Financial technology provider FIS has acquired banking technology company Amount. The deal, announced Wednesday (Sept. 24), is aimed at helping FIS offer solutions that “support the world’s money lifecycle” with things like simplified account opening, streamlined card issuance and fraud prevention. Stephanie Ferris, CEO and president of FIS, said the...
Online commerce firm eBay is acquiring Tise, a consumer-to-consumer (C2C) second-hand fashion marketplace based in Norway. The deal is designed to bolster eBay’s C2C position, the company said in its announcement Monday (Sept. 22). Terms of the acquisition were not released. “Tise’s social-first, highly intuitive platform will...
Payments platform Paysafe launched a partnership with online trading and investment services provider CMC Markets. The collaboration will allow CMC to expand its range of payment options for traders in the European Economic Area, Southeast Asia, the Middle East and other global markets (aside from...
Office Depot parent company The ODP Corporation is set to change hands and become a private company. The provider of products, services and technology solutions agreed to be acquired by an affiliate of Atlas Holdings, an owner of operator of 29 manufacturing and distribution businesses,...