News

Digital Banking
Today In Digital-First Banking: Oxygen Lands $17 Million Series A; SVB Financial To Buy Boston...
January 05, 2021

In today’s top news in digital-first banking, Oxygen has completed a $17 million Series A funding round, while SVB Financial Group plans to acquire Boston Private Financial Holdings. Plus, China’s Banking and Insurance Regulatory Commission (CBIRC) is moving to build up at-risk rural banks. Get...

News
Today In Payments: Gojek Mulls $18 Billion Merger With Tokopedia; High-Profile Healthcare JV Haven Shuts...
January 05, 2021

In today’s top news, Gojek and Tokopedia are reportedly discussing an $18 billion merger, and J.P. Morgan Chase, Amazon and Berkshire Hathaway are dissolving their joint healthcare venture Haven. Plus, Square’s CEO speaks out against FinCEN’s proposed cryptocurrency regulations. Get the Full Story Complete the...

Security & Fraud
Pandemic Hackers Swiped $36 Billion From Unemployment Coffers
January 05, 2021

Federal and state governments are cracking down on unemployment after an estimated $36 billion was swiped, most of it relating to Pandemic Unemployment Assistance (PUA), CNBC reported on Tuesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Today In Retail: American Express Debuts New Offers; NRF Economist Says Stimulus Will Help With...
January 05, 2021

In today’s top retail news, American Express is launching new offers to start off the year, while the chief economist for the National Retail Federation says the stimulus will help with the continuing recovery. Plus, brick-and-mortar retailers in the U.K. suffering from pandemic restrictions before...

Partnerships / Acquisitions
Pokèmon Go Creator Niantic Acquires Gaming Platform Mayhem
January 05, 2021

Striving to advance social gaming experiences, augmented reality (AR) mobile games company Niantic has acquired Silicon Valley gaming platform Mayhem, for an undisclosed amount. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Amazon Buys 11 Boeing Jetliners To Boost Amazon Air Fleet
January 05, 2021

In a first, Amazon has purchased Boeing 767-300 wide-body airliners, in this case from Delta Air Lines and WestJet Airlines. The 11 aircraft will join Amazon Air’s fleet this year and next, the eCommerce king said in a press release on Tuesday (Jan. 5). Get...

B2B Payments
Paycor Collects $270 Million For Payroll Tech
January 05, 2021

Human capital management and payroll software firm Paycor has landed $270 million in new investment dollars. 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...

Partnerships / Acquisitions
Rumored $18 Billion Gojek-Tokopedia Deal Spotlights Lure Of The ‘Super App’
January 05, 2021

In Indonesia, in the battle to build “super apps” that keep consumers sticky as they conduct any number of daily tasks – from ride-hailing to eCommerce, while paying for it all – is bringing key players together in multi-billion-dollar deals. Get the Full Story Complete...

Mobile Payments
Samsung Pay Drops Rewards As Mobile Wallets Vie For A Spot In The Mix
January 05, 2021

Mobile wallet lovers, the ranks of which grow daily, are still buzzing with the late 2020 announcement that purchases made with the Samsung Pay mobile wallet in 2021 will not earn rewards points redeemable with the popular Samsung Rewards program. Get the Full Story Complete...