News

Ridesharing
Joby Aviation Might Buy Uber’s Air Taxi Unit
December 03, 2020

Uber has engaged in “advanced talks” about selling its air taxi business Uber Elevate to Joby Aviation, a report from Axios says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Bill Would Allow Foreign Companies To Be Delisted From US Exchanges If They Don’t Comply...
December 03, 2020

The U.S. House of Representatives has unanimously passed a new measure to allow the delisting of Chinese firms if they don’t comply with U.S. auditing rules, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Walmart’s Flipkart Planning To Spin Out Mobile Payments Arm PhonePe 
December 03, 2020

Walmart-owned Indian eCommerce business Flipkart is planning to sell off a percentage of its digital payments division PhonePe in an effort to facilitate funding for expansion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Digital-First App Usage Spells Future Of The Connected Economy
December 03, 2020

The pandemic has significantly altered the way consumers of all age groups and income levels shop and pay, with many turning to online and mobile channels to reduce health risks. Yet, the two most connected consumer groups — bridge millennials and superconnected consumers — have...

Payment Methods
Mobile Payments Start A Revolution in Corporate Cards
December 03, 2020

Might mobile payments help revolutionize corporate cards? 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 newsletter, PYMNTS Today. By completing this form, you agree...

Retail
Debit and Credit Usage Stage Friendly Battle For Holiday Spend
December 03, 2020

After the year we’ve seen so far, uncertainty is probably just about the last thing the retail segment wants as a holiday present for 2020. But the good news is that as the season spins up, there are glimmers of hope for a better future...

Investments
Monzo Raises $80 Million At Lower $1.6 Billion Valuation
December 02, 2020

U.K. challenger bank Monzo has closed a funding round with another 60 million pounds ($80.3 million), the same amount as its last funding round from June, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
JPMorgan Chase To Buy Boston FinTech 55ip
December 02, 2020

J.P. Morgan Asset Management has announced that it has agreed to acquire FinTech 55ip, which works to help financial advisors deliver tax-smart investment strategies, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Delivery
QSR Delivery Scramble: Jimmy John’s Joins Up With DoorDash
December 02, 2020

“Never say never,” the simple advice most of us have been getting since childhood — a warning against universal pronouncement about what one will, or will not do, for the rest of time. It is advice the team at Jimmy John’s might have taken in...