Western Union Obtains New York Approval for Intermex Acquisition but Faces California Hurdle
Western Union obtained regulatory approval from New York for its $500 million acquisition of Intermex, though California regulators are presenting new obstacles that could delay completion. The deal still requires approval from California authorities before the transaction can be finalized.
Read full story →HIVE Digital Technologies Secures 5-Yr AI Cloud Agreement, Boosting Annualized Revenue by $70M
HIVE Digital Technologies secured a five-year AI cloud computing agreement through its BUZZ subsidiary that will add $70 million in annualized revenue. The deal expands HIVE's artificial intelligence computing business beyond its existing renewable-powered digital infrastructure and Bitcoin mining operations.
X Money Wants to Make the Feed a Financial Front Door
X Money is testing whether a social platform can become a primary payment tool for consumers. The service faces competition from established digital wallets, stored merchant credentials, and dedicated payment apps already integrated into consumer payment routines.
Square Accelerates Push to Integrate Small Business Finance
Square is integrating its Credit Card refresh with payments, banking, credit, and bill management tools into a single platform. The company, led by product head Andrea Raj, aims to consolidate small business financial services within its ecosystem.