PAR Technology aims to continue its efforts to combine previously disjointed foodservice technology solutions by acquiring identity resolution and shopper intelligence platform Bridg, a division of Cardlytics. The global foodservice technology provider agreed to acquire Bridg for $27.5 million or up to $30 million after...
Capital One plans to acquire expense management platform Brex for $5.15 billion. The companies have signed a definitive agreement, and the transaction is expected to close in the middle of the year, subject to customary closing conditions, Capital One said in a press release. Richard D. Fairbank, founder, chairman and CEO of Capital One, said in the release that the...
Business travel, payments and expense management platform Navan deepened its integration with Booking.com. “With a new, updated direct integration, our partnership further expands travelers’ access to more properties and better rates, while making it simpler for travel managers and finance departments to oversee company stays,...
PayPal is set to acquire marketplace and dropship automation platform Cymbio. As the company noted in a news release Thursday (Jan. 22), PayPal has in the past worked with Cymbio as part of its agentic commerce services. “Acquiring Cymbio’s technology and team will enhance our agentic commerce capabilities and...
Yelp is bolstering its AI capabilities by acquiring artificial intelligence-powered customer communication platform Hatch. The online business directory announced the deal Wednesday (Jan. 21), saying it would employ Hatch’s lead management solutions to better assist service businesses as they adopt AI. “The acquisition of Hatch...
Regions Bank has launched a partnership with payments technology company Worldpay. The collaboration, announced Wednesday (Jan. 21), is designed to improve how the bank’s business clients accept payments and manage cash flow operations. “Accepting payments allows Regions’ business clients to sell in-store, online, and anywhere...
Payments infrastructure provider Acquired.com has launched a partnership with Visa in the U.K. The collaboration, announced Wednesday (Jan. 21), is designed to bring to market Visa A2A, an account-to-account (A2) payment solution, for recurring and variable payments. “Recurring payments underpin lending, insurance, utilities, and collections; but while...
Indiana-based credit union Financial Center selected credit union service organization (CUSO) Velera to provide it with debit and credit card processing services. Velera will begin providing the credit union with debit and ATM support in July, and it will add credit services in August, the companies said in a...
Uber and its associated apps have launched a partnership with grocery chain Kroger. The collaboration adds nearly 2,700 Kroger-owned stores to Uber, Uber Eats and Postmates, letting customers around the country shop and order same-day delivery, the companies announced in a Thursday (Jan. 15) news release. “Customers’ needs evolve constantly, and...