News

Retail
Chipotle’s Digital Sales Leap A Harbinger Of QSR’s Great (Sales) Shift
September 11, 2020

The great digital shift in the quick-service restaurant (QSR) space shows no signs of stopping. 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,...

Partnerships / Acquisitions
FinTech Nubank To Purchase Broker Easynvest
September 11, 2020

In its efforts to grow into a full-service financial company, Nubank has come to the decision to buy broker Easynvest. Nubank Founder David Vélez said the Brazilian finance startup agreed to an arrangement that involved cash and shares, Reuters reported. Get the Full Story Complete...

International
Report: Chinese Govt Stands Against Forced Sale Of TikTok
September 11, 2020

The People’s Republic of China would rather shutter TikTok’s U.S. headquarters than sell it to an American company, sources told Reuters. 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...

Acquiring
Railsbank Inks Deal To Buy UK Wirecard Card Solutions
September 11, 2020

Railsbank has signed a deal to buy Wirecard Card Solutions Ltd. in the United Kingdom, the company announced Thursday (Sept. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
Today In Payments: Razer Eyes Banking Licenses In US, Europe; Square CEO Jack Dorsey Bullish...
September 11, 2020

In today’s top news, gaming hardware firm Razer eyes expanding into banking operations in the U.S. and Europe, and Square CEO Jack Dorsey is all in for bitcoin. Plus, real-time payments now reach 70 percent of checking accounts in the U.S. Get the Full Story...

Retail
Whole Foods CEO Says Fewer Shoppers Will Return To Supermarkets
September 11, 2020

When John Mackey co-founded Whole Foods Market four decades ago, self-checkout hadn’t been invented and the internet was in its infancy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Wayfair And Citi Partner On Card Offerings
September 11, 2020

Citigroup’s Citi Retail Services will provide private label and co-branded credit cards for online home goods retailer Wayfair, the companies announced Friday (Sept. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Santander Expands, Spins Off FinTech VC Fund
September 11, 2020

Banco Santander is spinning off its FinTech venture capital fund into a new entity called Mouro Capital and is doubling its investment in the operation to $400 million, the Spanish financial giant announced on Friday (Sept. 11). Get the Full Story Complete the form to...

Security & Fraud
Philippines Investigates 57 Potential Participants In Wirecard Scandal
September 11, 2020

Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the Philippines, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...