Microsoft and OpenAI are getting close to an agreement on the future of their partnership. The companies said in a joint statement released Thursday (Sept. 11): “Microsoft and OpenAI have signed a non-binding memorandum of understanding (MOU) for the next phase of our partnership. We are actively...
Specialist payments orchestration platform Paytently launched an open banking partnership with Mastercard. Paytently Open Banking is an account-to-account payment option powered by Mastercard Open Finance, the company said in a news release Thursday (Sept. 11). Customers who use the option at checkout can pay directly...
American Express and UPS are launching offers aimed at helping small and medium-sized businesses (SMBs). “UPS and American Express have both been trusted for over a century. Bringing our expertise together creates a powerful ecosystem for small businesses,” UPS Chief Commercial and Strategy Officer Matt Guffey said in a Wednesday...
Uber has launched a restaurant industry-focused partnership with embedded capital products FinTech Pipe. This collaboration, announced Wednesday (Sept. 10), is designed to help restaurants access working capital in a time of increased pessimism in the hospitality sector. According to a news release, the partnership lets eligible U.S. restaurants access...
Human capital management company Paychex has launched a partnership with BILL. This collaboration, announced Wednesday (Sept. 10), combines BILL’s Bill Pay tool with Paychex Flex, providing small- to medium-sized businesses (SMBs) an integrated service for payroll, human resources and accounts payable. “During a time when...
Agentic commerce company firmly.ai has launched a partnership with affiliate marketing provider CJ. The collaboration will offer CJ’s network of publishers and merchants turnkey access to “seamless shopping experiences” for consumers and thus open “new revenue streams, real‑time attribution, and frictionless checkout across every emerging...
Trustly, a global provider of pay-by-bank solutions, and Episode Six, which offers enterprise-grade card issuing and ledger infrastructure, have announced a partnership aimed at accelerating the adoption of pay by bank in the United States. The collaboration is designed to enable U.S. retail merchants to...
The European Commission has approved DoorDash’s plan to purchase rival food delivery platform Deliveroo. As Reuters reported Tuesday (Sept. 9), the approval clears the way for the $3.9 billion deal, first agreed to in May, soon after reports of a possible acquisition first emerged. The...
The next time you buy kitchenware from Ikea, you might be doing so at Best Buy. The Swedish furniture seller is looking into using space inside other retailers’ locations to expand its customer base in “mature” markets in the United States and Europe, the Financial...