News

Partnerships / Acquisitions
Indian Neobank Open Buys Finin for $10M
December 14, 2021

On the heels of a recent $100 million fundraise, 4-year-old neobank Open has purchased India-based consumer-facing neobank Finin for $10 million, according to a Tuesday (Dec. 14) report from TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
Norway’s Visma Acquires Danish Expense Management Solution to Drive Enterprise Market Growth
December 14, 2021

Norwegian software service firm Visma has announced the acquisition of Danish FinTech company Acubiz, in a move to accelerate its growth within the human resources (HR) and payroll services sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Apple’s Move Into AR/VR Impresses BofA
December 14, 2021

Apple on Tuesday (Dec. 14) got an upgrade price target boost at Bank of America up from $160 to $210 after the tech giant announced its shift into augmented and virtual reality with a new headset expected to be released by the end of 2022...

Delivery
Ford Launches Fresh Food Delivery Pilot for Needy Seniors
December 14, 2021

Ford is launching a complimentary fresh food delivery pilot in Southwest Detroit that uses self-driving shuttles to bring an estimated 10,000 pounds of provisions to the doorsteps of senior citizens who lack access to groceries due to mobility challenges, according to a press release on...

Retail
‘And Just Like That’, Peloton Ups Its Brand Protection Game With Viral Chris Noth Ad
December 14, 2021

For a company that was so popular during the height of the pandemic that customers were willing to wait a month or more for delivery of one of its $1,500 bikes or treadmills, the past year has seen a series of challenges — and poorly...

Retail
Walmart Turns Social Commerce Videos Into One-Click Checkout
December 14, 2021

If there’s one thing consumers and merchants both hate, it’s friction. Anything that slows, interrupts or in any way impedes the natural flow of commerce is a nasty no-no that must be dealt with. Get the Full Story Complete the form to unlock this article...

Retail
With 10 Shopping Days Till Christmas, Consumers’ Delivery Expectations Are Unbending
December 14, 2021

10…  9….   8….   Who doesn’t love the drama of a good countdown clock — which, in the parlance of NASA, now stands at T minus 10 days and counting. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
JPMorgan’s British Retail Bank Chase Expanding Staff, Product Suite
December 14, 2021

J.P. Morgan‘s British retail bank Chase is continuing to expand its staff as it executes its strategy to move into investment and savings services by integrating its acquired digital wealth manager Nutmeg and to roll out its consumer lending product suite. Get the Full Story...

Regulation
Ex-Treasury Official: Crypto Fits Under Existing Financial Regulations, So ‘Deal With It’
December 14, 2021

The rules apply to you. Now get over yourselves and start complying. 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...