Then again, that depends on who you are. The bidding war might be brewing, but what lies behind the Ant Financial and Euronet bids for MoneyGram? Here's a look behind the stock prices and brinksmanship, with an eye on strategy - and who’s best positioned...
House of Fraser’s Chinese owners pulled £29 million of a £35 million investment in London-based, app-only bank Tandem because of concerns that the Chinese government might reject the deal, according to Business Insider. Get the Full Story Complete the form to unlock this article and...
The stock markets may have been rallying ever since Donald Trump won the U.S. election, but the outlook for corporate profits in the U.S. is starting to dim, according to a report by The Financial Times. Get the Full Story Complete the form to unlock...
Several names in the payments industry roared ahead, with company-specific news focused on game-changing mergers and acquisitions or earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Many of the largest automotive and tech industry players have been investing in developments geared toward a future populated by smart and connected cars. Just recently, Chinese internet and eCommerce marketplace giant Alibaba made the lead investment in an $18 million Series B venture funding...
Although blockchain technology has seen major traction in the financial market, it’s been slow on the uptake in other industry sectors. Anyone utilizing the technology as a whole for its business — or planning to in the near future — is about to see a major...
Cross-border commerce solution provider Flow recently announced the close of a $13 million Series A investment from Bain Capital Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Federal Reserve went ahead with a widely expected decision to boost short-term interest rates Wednesday. And as is so often the case, the action begs the question as to what lies next, as in right around the corner. Get the Full Story Complete the...
Investments for the week ending March 10 came in a bit under $1 billion. Not a bad haul, and one that keeps up a pace that outshines past weeks, when the tracker saw a bare-bones parade of barely triple-digit deals. Get the Full Story Complete the...
