The U.K.’s Competition and Markets Authority has cleared Uber’s buyout of Autocab, which provides software for booking and dispatching in the taxi industry. Autocab also operates a referral network for taxi and private-hire operators. Get the Full Story Complete the form to unlock this article...
The mobile payments surge is global in scope, touching all regions and countries. That’s especially apparent in Africa, where as reported Thursday (April 1), Airtel Africa is getting a $100 million investment from Mastercard that valued the platform at roughly $2.7 billion, and which would give Mastercard...
Backflip has come out of stealth mode and officially rolled out. The rollout comes after a beta phase in which the company, which lets consumers sell old or used electronic devices, paid out more than a half a million dollars to its clients, according to...
CarMax, the country’s largest chain of over 200 used car dealerships, said Thursday (April 1) it planned to return capital investment to pre-pandemic levels with plans to open 10 additional stores, grow its digital efforts and fund the $400 million full acquisition of auto-industry data...
After closing the books on what it called “a challenging but rewarding year,” Los Angeles-based apparel designer and retailer Guess reiterated its long-term strategic plan in its earnings report on Wednesday (March 31) and said it still expects to nearly double its sales and earnings over...
Kohl’s current board asked shareholders to vote for “all of Kohl’s highly qualified director nominees” amid a challenge from activist investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
At a time of surging interest in secondhand apparel or recommerce, the country’s leading luxury resale platform The RealReal has unveiled a new line of upcycled clothing made from items donated by eight fashion design partners. Get the Full Story Complete the form to unlock...
Card issuers and FinTechs continue to explore ways to add value to corporate card products to drive up adoption. This week’s Commercial Card Innovation Tracker finds employee spend and expense management a key focus of added functionality. Get the Full Story Complete the form to...
The survival of small- to medium-sized businesses (SMBs) hinges on availability of capital, a truth made painfully evident over the last year amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
