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IndustryUpdate

environments. Arrive plans to deploy new kiosks glob- decision-making and support evolving customer prefer-
ally while upgrading a significant portion of its existing ences. YipitData noted the partnership reflects growing
fleet of approximately 360,000 kiosks using Ingenico demand among retailers for external market intelligence
payment technology. The companies said the initiative to guide merchandising and customer engagement strat-
is designed to support secure, unattended payments, egies.
digital wallet acceptance and sustainability goals. Pilot
programs are expected to begin in 2026. ACQUISITIONS

Mitek, FICO aim to strengthen fraud defenses
MoonPay acquires Dawn Labs
Mitek Systems disclosed that its Mitek Verified Identity
Platform is now available through FICO Marketplace, MoonPay acquired Dawn Labs, an applied research firm
enabling enterprises to integrate identity verification focused on artificial intelligence and financial markets,
and fraud prevention tools directly into decisioning as part of a broader effort to expand its AI-native finan-
workflows. The integration is designed to help organi- cial infrastructure strategy. Founded in 2025 by MIT-
zations address increasingly sophisticated fraud threats, trained engineer Neeraj Prasad, Dawn Labs developed
including AI-generated deepfakes, biometric spoof- Dawn CLI, a trading tool that allows users to describe
ing and synthetic identity attacks. Through the FICO trading strategies in plain English before automatically
Platform, enterprises can deploy Mitek’s identity intel- generating code, conducting simulations and execut-
ligence across digital onboarding, account recovery and ing trades autonomously. Prasad, whose background
authentication processes. Mitek said the partnership includes engineering roles at Waymo, Microsoft and
allows organizations to combine identity assurance with Citadel, joins MoonPay as chief engineer of MoonPay
real-time decisioning to improve fraud detection while Labs. The acquisition follows MoonPay’s recent rollout
reducing friction for legitimate users. FICO Marketplace of AI-focused financial and payments infrastructure
provides access to pre-vetted AI, analytics and data ser- initiatives.
vices.
NMI gains Dwolla
Nuvei, Syspro to enhance operations
for underserved sectors NMI acquired account-to-account payments provider
Dwolla, expanding its embedded payments platform
Syspro and Nuvei partnered to embed payment capabil- with API-first capabilities for real-time payments, open
ities directly into Syspro’s ERP platform for manufactur- banking and money movement. The combined com-
ers and distributors. The integration connects Syspro’s pany will process nearly $700 billion in annual transac-
PayThem Payment Gateway with Nuvei’s global pay- tion volume and add more than 400 Dwolla customers
ments infrastructure, allowing businesses to process to NMI’s ecosystem, NMI stated. As part of the deal,
payments, update accounts receivable and manage cash approximately 60 Dwolla employees will join NMI,
flow within a single system. The companies said the while Dwolla CEO Dave Glaser will become NMI’s chief
partnership is designed to reduce manual reconcilia- operating officer. NMI pointed out that the acquisition
tion, accelerate fund collection and improve operational strengthens its support for ISOs, ISVs and fintechs seek-
visibility. Customers will be able to support real-time ing broader payment acceptance, payouts and embed-
payments, ACH and bank transfers, and transactions ded money movement capabilities across card, bank and
across 150 currencies and more than 200 markets, Nuvei emerging payment rails.
said, adding that the initiative reflects its broader strat-
egy of embedding payments into enterprise software Shirah Technologies acquires Veero AI
platforms. 733Park served as exclusive sell-side M&A advisor
YipitData, Ulta team up on to Veero AI in the company’s acquisition by Shirah
Technologies. Veero AI, based in Cambridge, Mass.,
data-driven merchandising developed the EyeSize virtual fitting platform, which

YipitData partnered with Ulta Beauty to provide alter- uses AI and computer vision to generate precise facial
native data-driven market intelligence supporting the measurements for online eyewear purchases from stan-
retailer’s merchandising, assortment and customer loy- dard consumer devices. The deal marks another vertical
alty strategies. Through the collaboration, Ulta Beauty AI transaction for 733Park, which focuses on AI, fintech,
said it will use YipitData’s insights to better under- payments and SaaS companies. Veero AI’s technol-
stand shopper behavior, competitive performance and ogy originated from computer-vision systems initially
category trends across the beauty market. YipitData is developed for military and first-responder protective
known for providing retailers with near real-time vis- equipment. Financial terms were not disclosed. Shirah
ibility into brand and item-level performance, helping Technologies focuses on SaaS and AI services for ecom-
identify emerging opportunities and market shifts. Ulta merce and direct-to-consumer brands.
Beauty said the insights will help strengthen data-driven

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