News

Partnerships / Acquisitions
IRIS Software, Western Union Link Up To Offer Global Payroll, Payments Services
May 17, 2021

The U.K.’s IRIS Software Group and Western Union Business Solutions are teaming up on a five-year international partnership “to offer simplified payroll and payments solutions worldwide.” In a press release on Monday (May 17), the companies said they would serve the growing demand for cross-border...

Retail
Walgreens Announces New Targeted Advertising Capabilities
May 17, 2021

Walgreens said on Monday (May 17) that it is offering more ways for brands to connect with the pharmacy chain’s customers and take advantage of the “first-party data” that the retailer collects. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
NYC Introduces Bill To Require Restaurant Aggregators To Share Customer Data
May 17, 2021

In-restaurant dining may be coming back, but online ordering is not going anywhere. In fact, PYMNTS research from the most recent edition of Delivering On Restaurant Rewards, created in collaboration with Paytronix, finds that 92 percent of all vaccinated restaurant customers say they intend to keep...

Partnerships / Acquisitions
AT&T’s WarnerMedia Merging With Discovery In $43 Billion Mega Deal
May 17, 2021

AT&T is planning to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery in a move that will create a TV, film and streaming powerhouse, according to AT&T and media reports on Monday (May 17). Get the Full Story Complete the form...

Payment Methods
Marqeta’s Total Processing Volume Up 167 Pct Year Over Year 
May 17, 2021

The digitization of commerce is helping to digitize card issuance – and, by extension, is leading Marqeta to Wall Street. As noted in this space, Marqeta’s IPO could value the firm at as much as $10 billion. Get the Full Story Complete the form to unlock...

Retail
Secondhand Furniture Startup Kaiyo Lands $5 Million In Fresh Funding, Will Expand To DC
May 17, 2021

Secondhand furniture marketplace Kaiyo announced Monday (May 17) that it has raised $5 million to fuel its expansion at a time when consumer demand for reCommerce, resale and circular economy retailing is surging. Get the Full Story Complete the form to unlock this article and...

Retail
FTC Casts Doubt Over 7-Eleven’s Purchase Of 3,800 Speedway Stores After Deal Closes
May 17, 2021

A massive deal in the convenience store industry has been thrown into doubt after the Federal Trade Commission called 7-Eleven’s purchase of 3,800 Speedway stores and gas stations “illegal” and “anti-competitive” putting the $21 billion deal that closed Friday (May 14) in jeopardy. Get the...

Retail
Walmart’s Q1 Results Will Show If Its Omnichannel Transition Is Winning Or Waning
May 17, 2021

When Walmart last met with investors in February, the owner of over 11,000 global stores had just wrapped up a record quarter — and year. Even as it proclaims to be “winning” the battle, the retail giant said it is raising the stakes in its...

Retail
Redbox Strikes Deal To Go Public Via Merger With SPAC
May 17, 2021

Redbox, which operates a nationwide network of entertainment kiosks, said on Monday (May 17) that it has entered into a definitive deal to merge with publicly traded special-purpose acquisition company (SPAC) Seaport Global Acquisition Corp., according to an announcement. Get the Full Story Complete the...