News

Partnerships / Acquisitions
US Bank to Buy Debit Card-Based Biz Expense Management Platform Bento Technologies
August 12, 2021

U.S. Bank has agreed to purchase FinTech company Bento Technologies, according to a Thursday (Aug. 12) company announcement. The acquisition is aimed at broadening the bank’s digital capabilities for small business customers. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Poly Network Hackers Return Half Of Stolen $613M
August 12, 2021

A group of hackers who carried out what is believed to be the largest cryptocurrency heist on record have returned more than half of the money they stole. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Cineworld Considers US Public Listing
August 12, 2021

Movie theater operator Cineworld Group Plc is mulling a public listing in the U.S. amid its attempt to rebound from the ongoing COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
FinTech Startup Aspiration Considers $2B+ SPAC
August 12, 2021

The green FinTech Aspiration is in discussions about going public through a special purpose acquisition company (SPAC) in a deal that could value the firm at more than $2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Hong Kong’s Currenxie Begins $10M Series A
August 12, 2021

Hong Kong-based cross-border payments startup Currenxie says it’s ready to take on its first outside investors, starting with a $10 million Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Beauty Company IL MAKIAGE Adds AI Imaging Startup Voyage81
August 12, 2021

Beauty company IL MAKIAGE on Thursday (Aug. 12) announced the acquisition of artificial intelligence (AI) imaging startup Voyage81, a move that allows the company to enhance its machine learning capabilities through patented hyperspectral imaging tools and prepare for beauty and wellness launches. Get the Full...

Retail
Store Associates Turn To Content Creators As Retailers Embrace Social Commerce
August 12, 2021

Not too long ago, the role of a retail store associate was fairly straightforward: When a customer came into the store, employees were tasked with helping them complete their purchase, from finding the right items to scanning UPCs and sending the consumer on their way....

Retail
eBay Transformation Runs Up Against Increased eCommerce Competition
August 12, 2021

Three months into his job as eBay CEO in July 2020, Jamie Iannone laid out a plan for eBay to become “the best global marketplace for sellers and buyers,” becoming the platform of choice for sellers and cultivating long-term relationships with buyers while utilizing technology...

Retail
Northern Tool + Equipment Taps Revionics For AI-Driven Pricing
August 12, 2021

Minnesota-based tool and equipment supplier Northern Tool + Equipment will use retail pricing and analytics company Revionics’ artificial intelligence (AI)-powered solutions for pricing optimization, promotions, markdowns and competitive intelligence as part of a new partnership. Get the Full Story Complete the form to unlock this...