News

News
Today In Payments: Rent-A-Center Acquires Acima; FIS, Global Payments Eyed Merger
December 21, 2020

In today’s top news, Rent-A-Center acquires Acima, FIS and Global Payments discussed a merger and the U.S. Senate reached a deal for a new stimulus package. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
IBM Acquiring Finland’s Nordcloud To Advance Cloud Computing
December 21, 2020

IBM is acquiring Finland’s Nordcloud, a leading cloud implementation firm in Europe that specializes in application transformation and managed services.  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
Today In Retail: Walmart Unveils Carrier Pickup Service For Returns; Dick’s Sporting Goods Teams With...
December 21, 2020

In today’s top retail news, Walmart shoppers can return items that are bought through the web and are shipped and sold by Walmart.com without needing to leave their residences, while Dick’s Sporting Goods is collaborating with Instacart for same-day delivery. Plus, Kroger customers can now...

Delivery
Bargain Shopping Sites Build Up Shipping Networks As Costs, Obstacles Grow
December 21, 2020

Chinese firms and other companies that hawk consumer bargains are looking to save cash on shipping. As mailing costs have risen and bottlenecks have mushroomed, more companies are looking to be like Amazon and provide their own logistics. Get the Full Story Complete the form...

News
Today In Payments Around The World: China-Based IPOs Landed $11.7 Billion In 2020; New Coronavirus...
December 21, 2020

In today’s top payments news around the world, Chinese companies had 30 initial public offerings (IPOs) this year, while a highly infectious new coronavirus strain has reportedly caused some nations to ban U.K. travelers from entering. Plus, United Kingdom-based supply chain company PrimaDollar is reportedly...

Investments
OneTrust Secures $300 Million In Series C Funding; Valuation Reaches $5.1 Billion
December 21, 2020

OneTrust has secured $300 million in Series C funding, bringing its valuation to $5.1 billion, the company announced on Monday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
Today In Digital-First Banking: Gojek Invests In Indonesia’s Bank Jago; China Might Put Limits On...
December 21, 2020

In today’s top news in digital-first banking, Gojek has invested in Indonesia-listed Bank Jago, while China might place limits on bank and FinTech partnerships. Plus, the U.S. Treasury Department has proposed broad new regulations on digital currency. Get the Full Story Complete the form to...

Investments
Rental Platform Apartment List Valued At $600 Million Following $50 Million Fundraise
December 21, 2020

The rental platform Apartment List has raised $50 million in a new funding round led by Janus Henderson Investors, doubling its valuation to over $600 million. Other backers include Allen & Co., Canaan Partners, Tenaya Capital and Quantum Partners LP, a fund managed by Soros...

Security & Fraud
MoneyGram Backs Move To Strengthen US Anti-Money Laundering Laws
December 21, 2020

MoneyGram International is putting its muscle behind U.S. regulators’ proposal to tighten financial reporting required of financial institutions (FIs). 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...