Partnership news and trends

Report: Apple Aims to End Credit Card Partnership With Goldman Sachs
Apple // November 28, 2023

Apple has reportedly decided to end its credit card partnership with Goldman Sachs. The tech giant has proposed an exit from the contract within the next 12 to 15 months, marking a swift turnaround for a program that was initially extended through 2029, The Wall...

NCR Atleos Partners BHMI to Expand Payment Offerings
Back-office // November 28, 2023

NCR Atleos is launching a partnership with software firm BHMI to offer a real-time payment solution with back-office functions. BHMI will allow NCR Atleos to resell its Concourse Financial Software Suite, BHMI said in a Tuesday (Nov. 28) press release. The suite offers a range...

LensCrafters, e.l.f. Harness Roblox to Merchandise Ideas, Not Just Products 
Retail // November 10, 2023

Brands are realizing that virtual platforms offer more than just a storefront for pushing products — they’re seeing the potential for spaces to merchandise ideas.   The popular online platform Roblox, which allows users to create and play games, has emerged as an appealing avenue for...

Meta Enables Amazon Shopping Within Facebook and Instagram
Social Commerce // November 09, 2023

Meta has unveiled a feature that enables Facebook and Instagram users to connect their accounts with Amazon for a seamless shopping experience. This move aims to keep users within the apps while making purchases on Amazon, eliminating the need to navigate away from their feeds, CNBC reported Thursday (Nov. 9). Reached by PYMNTS,...

Interviews & Exclusives
H&M, Shein Explore New Retail Model With Third-Party Brands

July 03, 2023
The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find a house appliance to go hand in hand with their summer crop top (It’s not totally bizarre, you can do the same thing on Amazon). […]

How Smart Partnerships Overcome the Buy-Build-Partner Dynamic

April 27, 2023
Succeeding in the face of the unexpected often presupposes a holistic foundation of best-practice controls. For organizations looking to chart a healthy path through today’s ongoing macro challenges, this operational reality has...

With Roots in Commodity Trading, MaterialsXchange Moves Lumber Sales Digital

September 20, 2022
Early on, marketplace platforms experience what’s known as an ignition problem — a kind of chicken-and-egg dilemma where prime movers need to start adoption before everyone else signs on, too,...

New Visa, Fundbox Flex Debit Card Helps SMBs Manage Spend, Access Working Capital

May 26, 2022
At first glance, these are heady days to be a small or midsize business (SMB), striking out on your own or with a few and hitting the ground running. The...

Quick Reads
Volkswagen Opens AI Lab as Carmakers Embrace Artificial Intelligence

January 31, 2024
Volkswagen is reportedly in discussion with technology companies to launch an artificial intelligence partnership. The German carmaker would work with these tech groups to create digital prototypes for products and features that use AI, Reuters reported Wednesday (Jan. 31). To help this effort, Volkswagen has opened an “artificial intelligence lab” to foster new product ideas, […]

Report: Apple Aims to End Credit Card Partnership With Goldman Sachs

November 28, 2023
Apple has reportedly decided to end its credit card partnership with Goldman Sachs. The tech giant has proposed an exit from the contract within the next 12 to 15 months,...

NCR Atleos Partners BHMI to Expand Payment Offerings

November 28, 2023
NCR Atleos is launching a partnership with software firm BHMI to offer a real-time payment solution with back-office functions. BHMI will allow NCR Atleos to resell its Concourse Financial Software...

Meta Enables Amazon Shopping Within Facebook and Instagram

November 09, 2023
Meta has unveiled a feature that enables Facebook and Instagram users to connect their accounts with Amazon for a seamless shopping experience. This move aims to keep users within the apps while making purchases on Amazon,...