eCommerceNews

Brunner has acquired AdSkate, adding an artificial intelligence marketing analytics platform to the independent Pittsburgh agency. The deal brings AdSkate's technology and staff into Brunner's operations. The platform will continue serving existing customers while also being deployed across Brunner's client base. The purchase is also expected to support new services focused on creative testing, predictive performance modelling, audience insights and campaign optimisation.

E*TRADE has completed the rollout of spot cryptocurrency trading on its platform, giving eligible clients access to Bitcoin, Ethereum and Solana. The move advances Morgan Stanley's effort to broaden E*TRADE's offerings for self-directed investors by adding digital assets alongside recent updates to retirement planning, IPO access, and active trading tools. Clients can buy, sell, and hold the three cryptocurrencies through a linked account with the digital asset infrastructure provider zerohash.

Lumin Digital has raised more than USD $115 million in new capital, valuing the banking software company at USD $1.6 billion. The round includes more than USD $70 million from Lumin clients and follows a separate USD $45 million growth equity financing led by Light Street Capital. Fifteen clients joined the latest investment round alongside existing shareholders. Lumin sells digital banking software to banks and credit unions.

Coalition has launched Active Cyber Insurance for Enterprises in the United States, extending its cyber cover to large organisations. The new offering provides up to USD $25 million in cyber limits for large US businesses, backed by Allianz Commercial. It expands Coalition beyond the small and mid-sized organisations that have formed the core of its customer base since its founding in 2017.

Podean has acquired Social Commerce Club, adding a TikTok Shop specialist to its marketplace business. Social Commerce Club, known as SCC, is a TikTok Shop-focused agency with Platinum Partner status on the platform. It works with brands including HeyDude, Hanes, Maidenform and Playtex, and brings 70 specialists into Podean. The acquisition is Podean's sixth in nine months, expanding the group to 465 staff across 21 countries.

Corning Credit Union has connected its core banking data to Tursio, giving staff direct, plain-language search access to member data. The change replaces a process that often took two to three weeks for non-urgent data requests. Those requests previously went through an intake committee before being scheduled into a sprint or placed in a backlog.

Visa has introduced the Visa Stablecoin Platform for financial institutions, fintechs and other payment providers. The platform is a Visa-managed environment for stablecoin operations, including minting, movement and management. It launches with support for Open USD, a stablecoin introduced by Open Standard, and includes wallet infrastructure through a Wallet-as-a-Service offering. The launch marks another step in Visa's push to expand its role in digital assets and blockchain-based payments.

ConnectOne Bank is deploying nCino's artificial intelligence tools across its commercial lending operations, including live use of nCino's Banking Advisor and custom agents built on the vendor's Agentic Operating System. The project is intended to reduce manual work for frontline commercial bankers and reshape parts of the lending process that rely on document searches, relationship updates, and other administrative tasks.

Wayvia has launched a Professional Services division and appointed Robert Gregory and Lynne Riojas to senior roles, adding a services arm to the commerce technology company's existing platform business. Gregory, a former Walmart.com executive, joins as Senior Director of Professional Services and will lead the new division. Riojas, who previously held senior sales roles at Bazaarvoice and Captiv8, has been appointed Head of Sales to oversee the company's global sales organisation.

Mastercard has introduced Mastercard Wallet Services for banks, fintechs, merchants and digital platforms, aiming to simplify the creation of digital wallets on iOS and Android. The launch comes as Apple opens access to near-field communication features on the iPhone in more markets, widening the scope for rival mobile payment offerings beyond Apple Wallet's long-standing position on its devices.