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Bain Capital Explores $6 Billion Deal for PowerSchool
Bain Capital Explores $6 Billion Deal for PowerSchool
May 08, 2024  |  Acquisitions

Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool.  The proposed $6 billion deal — still weeks away from being finalized —...

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MGM Hackers Reportedly Targeting Banks and Insurers
MGM Hackers Reportedly Targeting Banks and Insurers
May 08, 2024  |  Cybersecurity

Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and...

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TranscendAP Launches as New AP Automation Company
TranscendAP Launches as New AP Automation Company
May 08, 2024  |  Accounts Payable

TranscendAP, which has been a business unit of Optima Global Solutions since 2018, is now operating as a newly formed company. The firm was launched by Optima...

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Google Opens Its Digital Wallet to Users In India
Google Opens Its Digital Wallet to Users In India
May 08, 2024  |  Google

Google’s digital wallet is now available in the world’s most populous country. The tech giant announced Wednesday (May 8) that the Google Wallet was now open...

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Visa Teams With Dubai’s MoneyHash on Digital Payment Security
Visa Teams With Dubai’s MoneyHash on Digital Payment Security
May 08, 2024  |  Partnerships

Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on...

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CTS Systems Adds Corcentric’s Managed AR to Travel Booking Platform
CTS Systems Adds Corcentric’s Managed AR to Travel Booking Platform
May 08, 2024  |  Accounts Receivable

CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform.  With this integration, the CTS Systems platform will offer corporate travel agents and...

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US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
May 08, 2024  |  Banking

The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. The project will involve a number of high-profile financial institutions...

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Basware Acquires AP Matching to Enhance Automation Offering
Basware Acquires AP Matching to Enhance Automation Offering
May 08, 2024  |  Accounts Payable

Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for managing invoices and reconciling statements to Basware’s accounts payable (AP) automation...

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Nubank Marks 100 Million-Plus Digital Banking Customers
Nubank Marks 100 Million-Plus Digital Banking Customers
May 08, 2024  |  Digital Banking

Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the...

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