Cryptocurrency card issuer and Banking-as-a-Service (BaaS) company Wirex has joined forces with Visa Direct. “Wirex is taking stablecoin utility to the last mile — where payout experiences are won or lost,” the company said in a Wednesday (Feb. 18) news release. “Via Wirex BaaS APIs,...
Mobile communications and connectivity company Ericsson launched a money movement partnership with Mastercard, according to a Wednesday (Feb. 18) press release. The collaboration combines Ericsson’s mobile financial services platform with the Mastercard Move money movement suite to help telecom service providers, banks and FinTechs expand...
Artificial intelligence (AI)-powered banking platform Backbase has launched a partnership with financial services data analytics network Plaid. The collaboration, announced Monday (Feb. 16), is designed to tackle what the companies say is one of the biggest challenges in banking: data fragmentation that impedes innovation and...
Proofpoint is adding agentic workspace protection to its cybersecurity platform by acquiring Acuvity. Acuvity delivers AI enterprise security and governance, while Proofpoint offers cybersecurity and compliance, the companies said in a Friday (Feb. 13) press release. With the acquisition, Proofpoint will enhance its platform’s ability...
Truist launched its inaugural open banking integration, connecting first to Mastercard’s open finance technology, according to a Thursday (Feb. 12) press release. The platform is designed to give consumers and small businesses “secure, centralized access to their financial data, unlocking transparency, personalization and control across...
Salesforce plans to strengthen its investment in Agentforce Commerce by acquiring Cimulate, a company focused on artificial intelligence-powered product discovery and agentic commerce. The company has signed a definitive agreement to acquire Cimulate and expects the transaction to close in the first quarter of Salesforce’s...
Grab plans to accelerate the growth of its financial services portfolio by acquiring digital investing platform Stash Financial. The company signed definitive agreements to acquire Stash and expects the transaction to close in the third quarter, subject to customary closing conditions, it said in a press release. Upon closing, the...
Money mobility solutions provider Ingo Payments partnered with money transfer FinTech Elektra USA. The collaboration is designed to let Elektra’s customers in the United States, members of the Hispanic community in the U.S., Mexico and Latin America, fund their accounts in the Elektra Go app...
Commerce and payments infrastructure provider Rezolve Ai has acquired U.K.-based cash-back rewards company Reward. The $230 million deal, announced Wednesday (Feb. 11), is designed to bolster Rezolve’s AI commerce platform with Reward’s “live enterprise” retail and banking deployments. “Reward is a profitable, scaled platform that sits directly at the heart...