J.P. Morgan (JPM) reached a deal with German carmaker Volkswagen (VW) to buy almost 75 percent of its financial services unit for undisclosed terms, Reuters and other news outlets reported on Wednesday (Sept. 8). The acquisition comes ahead of VW’s upcoming launch of in-car payments...
So-called global citizens, who do business in more than one country, have a very specific set of needs when it comes to financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
AMC Entertainment broke its Labor Day weekend admissions record, thanks in large part to the $90 million raked in by Marvel’s “Shang-Chi and the Legend of the Ten Rings,” which drew the lion’s share of the two million moviegoers during the four-day weekend from Sept....
LUMO Labs is backing Dutch health-tech startup Autoscriber, which specializes in artificial intelligence (AI)-supported voice recognition software that can interpret healthcare consultation between doctors and patients, according to a Tuesday (Sept. 7) press release. Get the Full Story Complete the form to unlock this article...
The B2B furniture marketplace Hello Raye has launched Snapshots, a web-based tool that lets clients see customized 3D design assets and 4K high-definition renderings in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Project Dunbar might light a match under central banks outside of Asia to speed up the development of central bank digital currencies (CBDCs) – including the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When consumers suddenly began replacing their trips to physical stores with visits to digital stores in 2020, many businesses were forced to quickly follow them into the online realm. In their haste to catch up during that uncertain time, some of those businesses were little prepared. Get the Full Story Complete the form to...
B2B marketplace Novi has raised $10.3 million in a Series A funding round, Forbes reported. 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,...
Today in payments around the world, First Abu Dhabi Bank is selling its stake in payments division Magnanti and PayMyTuition partners with dLocal on international tuition payments. Plus, KYODIA and Western Union team up on cross-border B2B money transfers and FAT Brands is opening 70...
