Rite Aid Corporation shares were up almost 20% early on Tuesday (Dec. 21) after the company announced it has kicked off a plan to close at least 63 stores across the U.S., a move focused on reducing costs and increasing profitability as much as $25...
FinTech software firm Novea raised $50 million in equity and $5 million in debt financing that will be used for its subsidiaries Jacana Warranty and Jacana Insurance to advance their positions in the consumer warranty and service contracts industry, according to a Monday (Dec. 20)...
U.K. challenger bank Monese has acquired Trezeo, a financial services provider for self-employed workers. 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 to our daily newsletter, PYMNTS...
French startup Numeral raised €13 million ($14.7 million) in a seed round led by Balderton Capital to help the company grow its 10-person team to 40, boost product development and expand its bank coverage, according to a blog post on Tuesday (Dec. 21). Get the...
Computer programs known across the retail landscape as ‘Grinch bots’ are further complicating the supply chain snags across the U.S. and around the world as the bots buy the most wanted holiday gifts in mere moments with a single click, Financial Times reported Tuesday (Dec....
Interbank payments in the U.K., such as Bacs and the Faster Payments Service (FPS), used to pay wages, pay bills or transfer money to a friend, accounted for nearly £7 trillion in 2020. The U.K. is now planning to replace the underlying infrastructure for the...
Cloud-based billing and payment platform Paymentus has announced an expansion of its 20-plus-year partnership with Harris Utility Group to add digital wallets and instant payment capabilities to Harris’ SilverBlaze customer engagement platform, according to a press release emailed to PYMNTS. Get the Full Story Complete...
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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The banking needs of most small- to medium-sized businesses (SMBs) typically aren't that complicated, as most want easy access to specific loan and payment tools, and 'a la carte' choices to fill in any service gaps. In the Next-Gen Commercial Banking Tracker, Bank Independent’s Kelly...
