News

B2B Payments
Fintainium, Visa Team On Real-Time B2B Payments
June 06, 2021

The payments and finance platform Fintainium announced Friday it was working with Visa to add real-time payment technology to its suite of solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Albertsons, C2FO Team On Diverse Supplier Payment Program
June 06, 2021

Albertsons announced last week it would work with the fintech C2FO to give diverse suppliers access to early payments. 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...

Partnerships / Acquisitions
Microsoft Clears US Antitrust Hurdle For Nuance Purchase
June 06, 2021

Microsoft has received U.S. antitrust approval to purchase the artificial intelligence and speech technology firm Nuance Communications for $16 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....

Retail
Staples Makes $1 Billion Bid For Office Depot, OfficeMax
June 06, 2021

USR Parent, the corporate parent of Staples office supply stores, said Friday (June 4) that it has formally offered to pay $1 billion for the businesses operating as Office Depot and Office Max, according to a press release. Get the Full Story Complete the form...

Partnerships / Acquisitions
Private Equity Firms Blackstone, Carlyle Agree To Buy Medline, Report Says
June 06, 2021

Medline Industries Inc., which calls itself “the nation’s largest privately-held manufacturer and distributor of healthcare supplies with 2020 revenue of $17.5 billion,” says it is selling a majority stake in itself to a cluster of powerhouse private equity firms. Get the Full Story Complete the...

Regulation
China Targets Apps In Tech Crackdown
June 06, 2021

Chinese authorities increasingly are limiting the ways technology companies in the country are allowed to operate, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Chinese Online Recruiter Boss Zhipin Eyes US IPO
June 06, 2021

Kanzhun, which owns Chinese online job recruiting platform Boss Zhipin, has filed to conduct a U.S. initial public offering (IPO) that could raise as much as $912 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Tech-Focused Architect Capital To Provide Asset-Based Financing
June 06, 2021

A new San Francisco-area asset-based lender called Architect Capital has launched with more than $100 million to lend to mostly technology companies in the U.S. and Latin America, according to a press release. Get the Full Story Complete the form to unlock this article and...

Regulation
Goldman, Others Tighten Rules On Betting Against Retail Traders’ Meme Stocks
June 06, 2021

New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg 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,...