Report: Activist Investor Sees Clover Worth $185B By 2024
Report: Activist Investor Sees Clover Worth $185B By 2024
August 20, 2021  |  Investments

Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover...

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T-Mobile Says Cyberattack Was Worse Than Previously Known
T-Mobile Says Cyberattack Was Worse Than Previously Known
August 20, 2021  |  Security & Fraud

T-Mobile has reported Friday (Aug. 20) that the recently discovered cyber theft of sensitive customer data captured more detailed information about some customers, and limited...

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PayPal Rebrands Cash Plus Accounts To PayPal Balance
PayPal Rebrands Cash Plus Accounts To PayPal Balance
August 20, 2021  |  Payment Methods

PayPal Cash Plus accounts — the company’s offering most like that of a traditional bank or credit union checking account — will soon be rebranded...

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UK July Retail Sales Fall Sharply But Remain Higher Than Pre-Pandemic Levels
UK July Retail Sales Fall Sharply But Remain Higher Than Pre-Pandemic Levels
August 20, 2021  |  Retail

U.K. retail sales, buoyed by high grocery store spending during the European Championship matches in June, dropped unexpectedly in July, The Guardian reported Friday (Aug...

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Kowloon Closing, Walmart’s Crypto Lead Top This Week’s News
Kowloon Closing, Walmart’s Crypto Lead Top This Week’s News
August 20, 2021  |  The Weekender

In this week’s news, we saw Walmart begin the search for a cryptocurrency expert, while the landmark Boston restaurant Kowloon announced plans to close. Meanwhile,...

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The Week In Payments: Amazon Eyes Physical Retail, FinTech Valuations Soar, BNPL Digs In Deep
The Week In Payments: Amazon Eyes Physical Retail, FinTech Valuations Soar, BNPL Digs In Deep
August 20, 2021  |  Innovation

The week began with market watchers going nuts over a single unsourced report suggesting Amazon was looking to launch dozens of brick-and-mortar department stores across...

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New Funding Drives DriveWealth To $2.8B Valuation
New Funding Drives DriveWealth To $2.8B Valuation
August 20, 2021  |  Investments

The global brokerage firm DriveWealth has wrapped a $450 million Series D, valuing the firm at $2.85 billion. Get the Full Story Complete the form...

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UK CMA Flags Competition Concerns Over Chip-Maker NVIDIA’s Acquisition of Arm
UK CMA Flags Competition Concerns Over Chip-Maker NVIDIA’s Acquisition of Arm
August 20, 2021  |  ANTITRUST

Silicon Valley chip maker NVIDIA’s planned acquisition of the British chip designer Arm has been flagged by the U.K. Competition and Markets Authority (CMA) over...

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Restaurant Roundup: Red Robin Struggles To Take Flight
Restaurant Roundup: Red Robin Struggles To Take Flight
August 20, 2021  |  Restaurant Roundup

As many major restaurant chains surpassed their pre-pandemic sales in Q2, seizing on consumers’ pent-up demand for restaurant dining, Red Robin did not fare so...

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