Partnerships news and trends

Amazon Increases Total Investment in AI Startup Anthropic to $8 Billion
Investments // November 22, 2024

Amazon and Anthropic announced an expanded partnership that includes Amazon investing another $4 billion in the artificial intelligence company and Anthropic making Amazon Web Services (AWS) its primary training partner. The new investment brings Amazon’s total investment in Anthropic to $8 billion, Anthropic said in...

Adyen to Support Global Expansion of Spendesk’s Spend Management Platform
Partnerships // November 21, 2024

Spendesk aims to strengthen its offer in core markets and support the global growth of its spend management platform for medium-sized businesses with the help of its new partnership with FinTech platform Adyen. Adyen’s banking licenses in the United Kingdom, the United States and the...

DOJ Proposal in Antitrust Case Aims to Undo Google-Anthropic Partnership
ANTITRUST // November 21, 2024

The Justice Department’s proposal to resolve its antitrust case over online search against Google reportedly would force the tech giant to unwind its partnership with artificial intelligence (AI) company Anthropic. A recommendation in the Justice Department’s court filing Wednesday (Nov. 20) that Google be barred...

DXC and ServiceNow Team to Launch AI ‘Center of Excellence’
Partnerships // November 21, 2024

Technology service provider DXC Technology expanded its partnership with business-focused artificial intelligence platform ServiceNow. The collaboration hinges on the creation of the companies’ new Center of Excellence, combining DXC’s industry and implementation expertise with ServiceNow’s generative AI solutions, to streamline AI adoption for customers, according...

Interviews & Exclusives
Citi Sees Blockchain at Center of Borderless Commerce Initiative

November 20, 2024
If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model, cross-border transactions are still fraught with inefficiencies and remain a critical yet complex challenge facing businesses looking to expand and financial institutions looking to facilitate that growth. “The reason why […]

For Retailers, Data Simplicity Is All About the SKU

November 20, 2024
In a landscape where data fuels decisions and insights drive growth, simplicity has taken center stage. “Data is the key to driving simplicity,” Banyan Chief Product Officer Vish Shastry told...

Sezzle and Expensify Jump After Earnings to Spur 4.3% FinTech IPO Index Rally

November 15, 2024
Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through...

Buy, Build or Partner? How to Ease B2B Payments Friction

November 13, 2024
Businesses are looking to streamline payments by embedding them directly into their existing platforms, Boost Payment Solutions Chief Revenue Officer Seth Goodman writes in a new PYMNTS eBook, “The New...

Quick Reads
Lenovo Adds Klarna’s Flexible Payment Methods in 15 European Countries

November 22, 2024
Global technology firm Lenovo now enables shoppers in 15 European countries to use Klarna’s flexible payment methods for purchases on Lenovo.com. This offering includes Klarna’s interest-free buy now, pay later (BNPL) options, the companies said in a Friday (Nov. 22) press release. “This partnership means that our customers can spread the cost of Lenovo’s AI-enabled and optimized devices, from […]

Amazon Increases Total Investment in AI Startup Anthropic to $8 Billion

November 22, 2024
Amazon and Anthropic announced an expanded partnership that includes Amazon investing another $4 billion in the artificial intelligence company and Anthropic making Amazon Web Services (AWS) its primary training partner....

Adyen to Support Global Expansion of Spendesk’s Spend Management Platform

November 21, 2024
Spendesk aims to strengthen its offer in core markets and support the global growth of its spend management platform for medium-sized businesses with the help of its new partnership with...

DOJ Proposal in Antitrust Case Aims to Undo Google-Anthropic Partnership

November 21, 2024
The Justice Department’s proposal to resolve its antitrust case over online search against Google reportedly would force the tech giant to unwind its partnership with artificial intelligence (AI) company Anthropic....