Wall Street began the year hopeful that 2025 would usher in a wave of dealmaking. Dealmakers got their wish, as this year has seen an almost record-breaking number of mergers and acquisitions (M&A), Reuters reported Thursday (Dec. 18). Bankers and lawyers said the trend will...
Fiserv completed its acquisition of StoneCastle Cash Management and will integrate the company’s institutional deposit network with the Fiserv ecosystem. This integration will expand Fiserv’s ability to deliver insured deposit funding solutions and will extend the capabilities of its ecosystem that includes core account processing, digital banking...
Mastercard and Interchecks have partnered to expand the adoption of account-to-account (A2A) payments. The collaboration brings together Mastercard’s Open Finance capabilities and Interchecks’ Pay by Bank solution, the companies said in a Wednesday (Dec. 17) press release. As part of this partnership, Interchecks will leverage...
Wix has teamed with Stripe to offer more local payment options in Europe. Although Wix Payments has been operating in Europe since 2019, this marks the first time Wix and Stripe are expanding their partnership outside North America, the companies said in a Tuesday (Dec....
Square has expanded its partnership with inventory management reporting system Thrive. The expanded collaboration is designed to help sellers manage their catalogs, sales and stock between their in-store and eCommerce platforms, including Shopify, the companies said in a Tuesday (Dec. 16) news release. The integration...
Lending platform Slope has teamed with Amazon to offer financing to the eCommerce giant’s merchants. The program, open to eligible Amazon sellers in the U.S., is designed to offer these merchants access to working capital directly through their seller accounts, Slope said in a news...
Citi formed a data and analytics pact with the London Stock Exchange Group (LSEG). The collaboration is designed to “deploy LSEG’s data, analytics and workflow solutions at enterprise scale” while bolstering Citi’s data foundations and “broader modernization efforts,” according to a Tuesday (Dec. 16) press...
U.K. digital bank Monzo says it is set to acquire British mortgage broker Habito. The company says the deal, announced Tuesday (Dec. 16), will make Monzo the first U.K. bank to offer a “fully end-to-end mortgage broking experience” within its app. The deal is expected...
Nvidia has acquired SchedMD and said it will continue to distribute that company’s open-source Slurm software. Slurm, a workload management system for high-performance computing (HPC) and artificial intelligence (AI), is used in more than half of the top 10 and top 100 systems in the...