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...
Finastra and CredAble have partnered to enable banks to offer their corporate clients supply chain finance solutions. In this collaboration, CredAble’s supply chain finance platform has been integrated with the Finastra Trade Innovation trade services platform, the companies said in a Tuesday (July 23) press...
Looking to boost ad revenue, Reddit has signed deals with several pro sports leagues. The social media platform announced Monday (July 22) it had struck agreements with the NFL, MBA, Major League Baseball, NASCAR and the PGA Tournament to expand its sports content. “We believe these new partnerships can...
Digital banking/payments firm i2c has launched a partnership with Beyon Money Business. The collaboration, announced Monday (July 22), will see the firms launch a corporate expense card program for the small to midsize enterprise (SME) sector, targeting businesses in Bahrain before eventually expanding to the Gulf Cooperation Council states. “The...
In a business landscape that moves fast, standing still can be fatal. Digital innovation has sharpened the knife of inertia, and the collaboration between traditional banks and FinTech companies is becoming crucial for competitive differentiation. The partnership between banks and FinTechs allows each party to...
Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt finance team work with Oaktree’s European private debt platform to provide clients with a solution for new buyouts and refinancings...
