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Open Banking Platfom Tink Acquires Eurobits

PYMNTS

European open banking platform Tink will now have more room to expand with the acquisition of Eurobits , which works in account aggregation technology, according to a press release. Tink was formed in 2012. Tink received 90 million euros ($100.1 The company bought Eurobits for 15.5 million euros ($17.2

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Today In Digital-First Banking: MercadoLibre Gets License From Brazil, Alacriti Collaborates With Glia On Customer Service

PYMNTS

The new license from the nation’s central bank will let it have independence in making and directly operating financial services there, along with accessing new kinds of financing. The new license from Ireland’s financial services watchdog will let it provide its services throughout 26 European nations.

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Report: Oracle Winning Bidder Of TikTok, Microsoft Out

PYMNTS

operations Sunday (Sept. Oracle is set to be named as TikTok’s “trusted technology partner” in the U.S., We are confident our proposal would have been good for TikTok’s users while protecting national security interests, Microsoft said. “We Oracle Corp. beat Microsoft Corp. China-based ByteDance Ltd.,

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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

The new funding will be used to boost the company’s operations, with a focus on global growth. Founded in 2012, Cybereason boasts distribution in all major global markets. AI-driven technology from Cybereason is helping secure our increasingly connected world.”.

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Intuit Inks Deal To Purchase Order Management Provider TradeGecko

PYMNTS

Intuit , maker of QuickBooks, has inked a deal to purchase inventory and order management technology provider TradeGecko. The need for a single tool that can reduce operational complexity for product-based businesses is acute.”. The deal is forecast to close in September of this year, according to an announcement from Intuit.

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Huawei CFO Charged With Bank Fraud

PYMNTS

prosecutors have filed criminal charges against China’s largest technology company, accusing it of stealing trade secrets and committing bank fraud. government charged Huawei Technologies , two affiliated companies and chief financial officer Meng Wanzhou with bank and wire fraud, as well as conspiracy in connection with business in Iran.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101