News

Investments
Report: Activist Investors Sees Fiserv’s Clover Worth $185B By 2024
August 20, 2021

Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reports. Get the Full Story Complete the form to unlock this article...

Delivery
Delivery Hero Woos Sustainable Shoppers With Eco-Friendly Packaging
August 20, 2021

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Investments
Report: Activist Investor Sees Clover Worth $185B By 2024
August 20, 2021

Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reported. Get the Full Story Complete the form to unlock this article...

Security & Fraud
T-Mobile Says Cyberattack Was Worse Than Previously Known
August 20, 2021

T-Mobile has reported Friday (Aug. 20) that the recently discovered cyber theft of sensitive customer data captured more detailed information about some customers, and limited information about more customers, than the company previously knew. Get the Full Story Complete the form to unlock this article...

Payment Methods
PayPal Rebrands Cash Plus Accounts To PayPal Balance
August 20, 2021

PayPal Cash Plus accounts — the company’s offering most like that of a traditional bank or credit union checking account — will soon be rebranded as PayPal Balance accounts, PayPal recently told customers. Get the Full Story Complete the form to unlock this article and...

Retail
UK July Retail Sales Fall Sharply But Remain Higher Than Pre-Pandemic Levels
August 20, 2021

U.K. retail sales, buoyed by high grocery store spending during the European Championship matches in June, dropped unexpectedly in July, The Guardian reported Friday (Aug 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
New Funding Drives DriveWealth To $2.8B Valuation
August 20, 2021

The global brokerage firm DriveWealth has wrapped a $450 million Series D, valuing the firm at $2.85 billion. 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...

IPO
Topps’ Blank Check Merger Plan Strikes Out
August 20, 2021

The baseball card company Topps’ plan to go public through a special-purpose acquisition company (SPAC) has fallen through. 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...

B2B Payments
B2B Payments Today: Centime Explores Cash Flow Forecasting; Paymogy Dives Into AP Transformation
August 20, 2021

Today in B2B payments, Centime talks cash flow forecasting, and Paymogy dives into accounts payable transformation. Plus, Fifth Third launches business transition advisory team, Zact collaborates on corporate travel expense management, and Transcard pairs up for early payment discounts. Get the Full Story Complete the...