Communications company Viasat has struck a multi-year deal with the National Basketball Association to deliver live NBA games to JetBlue passengers on the airline’s international flights, according to a Thursday (May 20) press release. The service will not be available on domestic U.S. flights or...
Financial services company Plaid announced Thursday (May 20) it has formed a partnership with Square to help U.S merchants process automated clearinghouse — ACH — payments without having to hold onto sensitive banking info. Get the Full Story Complete the form to unlock this article...
The current surge in COVID-19 cases in India is hitting SoftBank-backed Oyo Hotels hard, so the startup is searching for cash. The hotel platform wants to raise $600 million in debt to beef up its bottom line, Bloomberg reported. Get the Full Story Complete the...
Ralph Lauren Corporation said that worldwide digital revenue accelerated throughout owned and wholesale digital channels and throughout every geography in the fourth quarter, according to a Thursday (May 20) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A funny thing has happened on the way to the demise of the department store. Apparently Macy’s and Kohl’s didn’t get that memo. After Macy’s reported a surprising swing to a profit earlier in the week, Kohl’s checked in on Thursday (May 20) with a...
Petco Health and Wellness Company, Inc., which runs more than 1,500 Petco locations throughout the U.S., Mexico and Puerto Rico, said its net revenue surged by 27 percent to reach $1.4 billion in fiscal Q1 2021. Get the Full Story Complete the form to unlock...
Figure Technologies has raised $200 million in a Series D funding round, valuing the blockchain-focused financial services firm at $3.2 billion, the company announced in a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In the push to promote the adoption of new payment rails like real-time payments (RTP) among corporates, some FinTechs are finding success in a multi-rail strategy. By offering a variety of payment rails, technology can make it easier for businesses and financial institutions (FIs) to...
Trade finance gradually developed a complicated reputation in recent years as FinTech and alternative lending innovation opened availability of various means of financing B2B transactions to more businesses, both large and small. Some avenues, like factoring, involve a supplier waiting on payments to sell an...
