News

Partnerships / Acquisitions
Just Eat Takeaway Rules Out Mergers With Money-Losing Rivals
August 17, 2021

Just months after closing its $7.3 billion acquisition of Grubhub, food delivery giant Just Eat Takeaway said on Tuesday (Aug. 17) that it’s not interested in partnering with struggling industry competitors to boost its bottom line. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
BambooHR Offers Greater Options With Five New Partner Additions
August 17, 2021

Human resources (HR) software company BambooHR on Tuesday (August 17) announced an expansion of its marketplace partners to provide greater options for fellow HR professionals looking to generate solutions to the most challenging aspects of HR. These collaborations with five new partners will offer improved...

Investments
Branch Nets Over $540M In Series B Funding
August 17, 2021

Business payment acceleration firm Branch announced Tuesday (August 17) it raised more than $540 million in Series B fundraising, money that will be used to help the company build up its flexible workforce payment platform. Get the Full Story Complete the form to unlock this...

IPO
Forbes Media Could Soon Go Public Through SPAC Deal
August 17, 2021

Forbes Media LLC is in talks about a merger with special-purpose acquisition company (SPAC), Magnum Opus Acquisition Ltd., which would lead to the company going public at a value of more than $650 million, sources told Bloomberg on Tuesday (Aug. 17). Get the Full Story...

Retail
52 Pct Of Consumers Made Retail Purchases Using Aggregators In 2020
August 17, 2021

Home is where the heart is – and increasingly, where the stuff is, brought to your doorstep by Uber drivers, folks on bikes, Amazon vans and even drones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
AML RightSource Acquires Data Science Firm QuantaVerse
August 17, 2021

AML RightSource announced Tuesday (Aug. 17) its acquisition of data science automation firm QuantaVerse, according to a press release. 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...

Retail
Today In Retail: Walmart Earnings Up, Retail Sales Down And Retailers Face More Supply Chain...
August 17, 2021

In today’s top retail news, Walmart’s omnichannel strategy helped it ward off decelerating eCommerce sales and Delta variant concerns in the second quarter, while rising COVID-19 case counts and a surge in mask mandates caused July retail sales to slump. Also, retailers are likely facing...

Retail
After Seven Decades, Boston’s Iconic Kowloon Restaurant To Close
August 17, 2021

Boston’s iconic Kowloon restaurant, very recognizable to anyone who drove north on Route 1 from Boston, will be closing its doors. The closure is not the result of the COVID-19 woes that have plagued so many restaurants during the past year and a half, but...

B2B Payments
B2B Payments Today: Small Banks Invest In Small Businesses; Coupa Debuts An App Marketplace
August 17, 2021

Today in B2B payments, NBH Bank Holdings discusses investing in small businesses, and TCH explores real-time payments for B2B. Plus, Finastra secures a SWIFT label for trade finance, QuickFee integrates with Xero and Coupa launches an app marketplace. Get the Full Story Complete the form...