Latest news with #Lithic
Business Wire
5 days ago
- Business
- Business Wire
Arcade.dev and Lithic Announce Partnership to Create E-Commerce Agents
NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)-- the first unified agent action platform that makes AI agents production-ready, and Lithic, the trusted card processing platform engineered for performance and built to last, today announced a partnership to develop the world's first AI e-commerce application capable of making secure, authenticated payments. The partnership will launch the world's first shopping agents that can search, compare products, and check out in one streamlined process. To make fully agentic commerce a reality, Lithic and Arcade introduced the pioneering approach of 'just-in-time auth' for agentic payments, which ensures agents can only access the exact payment permissions they need precisely when they need them. To complete a purchase, at checkout, the application creates a single-use credit card bound to the exact merchant and price of the user's cart. The technology is intended to be open-source, so that any developer can build their own agent with these capabilities. This approach unlocks one of the last major hurdles to secure and simple AI-powered commerce: the ability for agents to simply and securely check out. 'The shift to AI-native commerce will be a multi-trillion dollar transformation, and, until now, payments have not existed within the AI ecosystem,' said Lithic Co-founder and CEO Bo Jiang. 'Partnering with Arcade allows us to create the first truly secure payment rails for AI agents, enabling highly trustworthy AI-driven commerce for Lithic clients.' AI is reshaping how consumers discover and evaluate products online, from personalized search results to intelligent product recommendations. Large language models help millions of users research purchases and compare options, but consumers are still unable to complete transactions in an AI-native environment. This partnership aims to eliminate this friction and deliver comprehensive AI-powered commerce by enabling AI agents to securely complete purchases on behalf of users. 'Security is the foundation of any reliable agent capable of taking real action,' said Co-Founder and CEO Alex Salazar. 'Arcade is making reliable agentic transactions possible. We're building a future where consumers don't think twice about an agent making a purchase for them.' Arcade is building the essential authentication and authorization layer that lets these agents securely transact across a broad catalogue of merchants and platforms. About Arcade Arcade is the industry's first agent action platform with enterprise-grade authorization enabling AI to take secure, real-world actions. Arcade's platform transforms AI applications from conversational interfaces into trusted automation tools by solving the fundamental challenges of authentication and integration. Arcade provides best-in-class security and developer-friendly infrastructure to deploy AI that can act on behalf of users. Learn more and try it for free at About Lithic Lithic is a leading card issuing technology company built for high growth technology companies. Lithic's APIs enable businesses to move money, build card programs, and issue debit, credit, and prepaid cards to consumers and businesses with unparalleled ease and flexibility. With a focus on empowering businesses to scale globally, Lithic is committed to providing innovative solutions that meet the evolving needs of the financial services industry. For more information, visit
FF News
5 days ago
- Business
- FF News
Arcade.dev and Lithic Announce Partnership to Create E-Commerce Agents
the first unified agent action platform that makes AI agents production-ready, and Lithic, the trusted card processing platform engineered for performance and built to last, today announced a partnership to develop the world's first AI e-commerce application capable of making secure, authenticated payments. The partnership will launch the world's first shopping agents that can search, compare products, and check out in one streamlined process. To make fully agentic commerce a reality, Lithic and Arcade introduced the pioneering approach of 'just-in-time auth' for agentic payments, which ensures agents can only access the exact payment permissions they need precisely when they need them. To complete a purchase, at checkout, the application creates a single-use credit card bound to the exact merchant and price of the user's cart. The technology is intended to be open-source, so that any developer can build their own agent with these capabilities. This approach unlocks one of the last major hurdles to secure and simple AI-powered commerce: the ability for agents to simply and securely check out. 'The shift to AI-native commerce will be a multi-trillion dollar transformation, and, until now, payments have not existed within the AI ecosystem,' said Lithic Co-founder and CEO Bo Jiang. 'Partnering with Arcade allows us to create the first truly secure payment rails for AI agents, enabling highly trustworthy AI-driven commerce for Lithic clients.' AI is reshaping how consumers discover and evaluate products online, from personalized search results to intelligent product recommendations. Large language models help millions of users research purchases and compare options, but consumers are still unable to complete transactions in an AI-native environment. This partnership aims to eliminate this friction and deliver comprehensive AI-powered commerce by enabling AI agents to securely complete purchases on behalf of users. 'Security is the foundation of any reliable agent capable of taking real action,' said Co-Founder and CEO Alex Salazar. 'Arcade is making reliable agentic transactions possible. We're building a future where consumers don't think twice about an agent making a purchase for them.' Arcade is building the essential authentication and authorization layer that lets these agents securely transact across a broad catalogue of merchants and platforms. People In This Post Boling Jiang Lithic
Business Wire
18-07-2025
- Business
- Business Wire
Three Community Banks Partner with Tulsa's iDENTIFY to End Data Silos
TULSA, Okla.--(BUSINESS WIRE)--iDENTIFY, a Tulsa-based data engineering firm and a Snowflake Select Certified Partner, helps community banks unify their data. This quarter, they announced three new banking clients. 'Fragmented data silos slowed down our decision-making, iDENTIFY is helping us build a roadmap to the cloud so we can make smarter, faster decisions with confidence for our customers.' - Pratt Lewis, CIO of InBank Share InBank, Academy Bank and Core Bank selected iDENTIFY for the team's ability to help banks scale confidently, without compromising their community-focused service. 'Fragmented data silos slowed down our decision-making,' said Pratt Lewis, CIO of InBank, 'iDENTIFY is helping us build a roadmap to the cloud so we can make smarter, faster decisions with confidence for our customers.' Lee Easton, President of iDENTIFY, emphasizes that reliable data is foundational to the bank- fintech partnerships: 'Our role is to help banks increase their confidence and nimbleness by consolidating isolated data sets into an accessible system. Banks must be able to trust their data.' How iDENTIFY Helps Partner Banks Better Serve Customers iDENTIFY helps banks centralize data, whether by migrating data to platforms like Snowflake, developing custom reporting, or designing secure data flows between systems like Lithic and Unit21. With cleaner pipelines and fewer manual touchpoints, banks can monitor activity, streamline compliance, and surface strategic insights. 'By collecting all the places we have data and organizing it into useful dashboards, it's now going to be possible to fine-tune our strategy while it's ongoing instead of reacting to end results," said Lindsay Borgeson, President of Partner Banking at Core Bank. Why Tulsa? Tulsa's tech ecosystem has gained national attention after the region's Tech Hub initiative was honored in Fast Company's 2025 World Changing Ideas Awards. Easton says the city's momentum has helped iDENTIFY stay close to the community‑bank market that stretches nationwide. Meet the Banks InBank InBank offers personal, private, business, and commercial banking. It specializes in flexible financing and personalized service for entrepreneurs and growing businesses. Recently, InBank moved its headquarters to Denver's thriving River North district to better serve the region. Academy Bank Academy Bank is a full-service commercial bank with $2.9B in assets and more than 75 banking centers in AZ, CO, KS, AR, and MO. They provide a wide range of financial solutions for business and individuals, including commercial and business banking, treasury management and mortgage. Core Bank Core Bank is a family-owned institution serving Omaha, Kansas City, and Mesa, Arizona. It provides mortgages, construction loans, business banking, and wealth management through a relationship-focused approach.
