News

Retail
Japan’s Rakuten Introduces Retail Tool For Digital Transformation
November 16, 2020

Rakuten, a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
American Express Enhances Early Pay To Ease B2B Supply Chain Payments
November 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov. 16). Get the Full Story Complete the form to unlock this article...

B2B Payments
Today In B2B: Mastercard Upgrades Track For B2B; Recognise Secures Banking License
November 16, 2020

Today in B2B payments, Mastercard adds new features to its Track Business Payment Service, while a U.K. FinTech with a focus on small businesses secures a restricted banking license. Plus, FactorForYou launches, Ordway enables multi-entity B2B billing and Fiskl partners with Samsung Appstack. Get the...

Partnerships / Acquisitions
PNC’s $11.6B BBVA Deal Shows Why Banks Must Consider Build Vs. Buy Amid The Great...
November 16, 2020

To get critical mass in banking — build or buy … but the quickest route to reach and scale, especially in digital endeavors is … buy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Big Week Ahead For Retail; Target Earnings Expected To Show Momentum Of Digital Shift
November 16, 2020

With a successful Singles Day in the books for Alibaba, last week was a referendum on the spending power and preference for Chinese consumer. This week is a referendum on the U.S. consumer’s spending power as Kohl’s, Walmart, Macy’s, Target and other brick-and-mortar-based retailers report...

Retail
Simon Property Group, Taubman Centers Set $43 Per Share Merger Price
November 16, 2020

Simon Property Group, Inc. and Taubman Centers, Inc. have changed their merger price to $43 per share in cash, according to a press release from Simon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
The Home Depot Strikes Deal To Buy HD Supply Holdings
November 16, 2020

The Home Depot, the Atlanta-based home improvement retailer, has entered into a definitive deal to buy a national distributor of maintenance, repair and operations (MRO) items in the apartment and hospitality end markets. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Uber Teams With EBANX On PIX Payments In Brazil
November 16, 2020

Rideshare giant Uber is partnering with Brazilian FinTech EBANX to be the exclusive payments processor for PIX, the instant payment network overseen by the Central Bank of Brazil. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
DOJ Approves Mastercard’s $825M Acquisition Of Finicity
November 16, 2020

Mastercard’s $825 million move to acquire Finicity, which provides access to financial data in real time, is inching ahead after the deal gained the approval of federal regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...