Goldman Sachs is set to acquire defined outcome ETF firm Innovator Capital Management. The $2 billion deal, announced Monday (Dec. 1), is designed to expand the exchange traded fund (ETF) lineup at Goldman’s asset management business. Innovator, the banking giant noted in its announcement, was...
Amazon and Google have teamed to help cloud service providers connect with each other. The tech giants’ cloud units on Monday (Dec. 1) announced a new, jointly engineered multicloud networking solution that uses Amazon Web Services (AWS) Interconnect – multicloud and Google Cloud’s Cross-Cloud Interconnect. According to the announcement, the partnership also introduces an...
Global data and technology company Experian has partnered with British not-for-profit organization Fair4All Finance to help people access debt consolidation products. Together, using a 1-million-pound (about $1.3 million) grant from Fair4All Finance, the organizations will promote ReFi, Experian’s technology that combines multiple debts into a...
Robinhood is set to acquire LedgerX, a derivatives exchange formerly owned by FTX. It’s part of a joint deal announced Tuesday (Nov. 25) by the financial services platform and capital markets company Susquehanna International to purchase a majority stake in LedgerX, which was once owned by the now-defunct cryptocurrency platform FTX...
Global payments processor Thredd has signed an agreement in which it will connect across three global Visa Cloud Connect endpoints. By connecting to Visa Cloud Connect, which allows organizations to access Visa’s global payments network VisaNet, Thredd will eliminate the need for multiple regional integrations...
Banking FinTech Green Dot’s businesses now have new owners, according to a Monday (Nov. 24) news release. Smith Ventures, a private equity company, is set to acquire and privatize Green Dot’s nonbank financial technology business and operations for $690 million, the release said. That business...
On Tuesday (Nov. 18) morning, a configuration error at Cloudflare knocked major services offline, including ChatGPT, X and Spotify for several hours, the latest reminder of how vulnerable digital infrastructure has become as cloud systems grow more complex. One day later, Palo Alto Networks announced...
Cryptocurrency exchange Coinbase plans to acquire onchain trading platform Vector. Because Vector’s platform is built on Solana, the acquisition will expand Coinbase’s support for the Solana trading ecosystem, Coinbase said in a Friday (Nov. 21) blog post. Vector’s technology will be integrated into Coinbase’s consumer...
Peek is expanding the capabilities of its artificial intelligence-powered platform for the experiences industry, which includes organizations involved with museums, theme parks, tours and activities, and cultural attractions. The company announced in a Thursday (Nov. 20) press release that it acquired two companies, ACME Ticketing...