Uber on Wednesday (July 31) announced a multiyear strategic partnership aimed at integrating 100,000 BYD electric vehicles (EVs) into its platform across several key global markets. The initiative will begin in Europe and Latin America, with plans to expand to the Middle East, Canada, Australia and...
Nexi has signed a partnership with credit union-owned payment service provider Payac. The agreement allows for SEPA instant payments to all participating credit unions in the Republic of Ireland, the companies said in a Tuesday (July 30) news release. “As a result of this partnership, 176 credit unions...
Collection agency TriVerity has teamed with collections/credit risk company Akuvo. The collaboration, announced Tuesday (July 30), is designed to ease the process of third-party charge-off collections through Akuvo’s cloud-based collections platform to help maximize credit unions’ (CUs) recoveries from nonperforming loans. “We are thrilled to...
Risk management platform Cable has launched a partnership with Texas-based Vantage Bank. The collaboration, announced Monday (July 29), is designed to help Vantage improve its compliance and risk management as it expands its FinTech program and partnerships. “Embedded banking is under intense scrutiny from regulators,”...
Pinterest is reportedly seeking help from news outlets and other publishers in selling ads. The social media platform is testing a new program to sell ads on Pinterest pages using an ad auction system, according to a report Monday (July 29) by Seeking Alpha, which...
Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations,” the companies said in a news release Thursday (July 25). “As the foodservice industry evolves...
Software subscription management platform Spendbase has selected global payments processor Thredd as its U.S. payments processor. Spendbase is expanding into the U.S. and chose Thredd to issue and process virtual cards for its subscription payments, the companies said in a Thursday (July 25) press release. “We have...
Card issuing platform Marqeta has launched a partnership with Visa and Affirm. The collaboration, announced Thursday (July 25), makes Marqeta the first U.S. processor to enable Visa Flexible Credential, a card offering that toggles between payment methods: debit, credit, cryptocurrency and pay-over-time options. “Marqeta achieved certification with Visa Flexible Credential in May...
Australian bank NAB has launched a collaboration with FinTech lender Plenti. The partnership, announced Wednesday (July 24), lets Plenti’s customers make faster loan repayments via NAB’s pay-by-bank offering PayTo. “Plenti is the first NAB business customer to integrate the new account-to-account payment solution in its online lending platform, allowing its...