News

Partnerships / Acquisitions
Uber Reaches $2.65B Deal To Buy Postmates
July 06, 2020

Uber Technologies agreed Monday (July 6) to purchase delivery firm Postmates Inc. in an all-stock deal worth $2.65 billion. 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...

Payments Innovation
Let’s Go Out To The Drive-In Movie Restaurant: How One Restaurant Is Reinventing The Dining...
July 06, 2020

Anyone who has ever driven North on Route 1 from Boston, Massachusetts, has seen Kowloon Restaurant. It’s hard to miss. The iconic Chinese restaurant and cocktail lounge is a huge angular structure with pagoda-style roofs and a totem pole visible from the highway. Over the...

Retail
What Q1 And Q2 Is Telling Us About The Rest Of 2020
July 06, 2020

Only halfway in, 2020 feels,  of course, like a decade’s been packed into six months. 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,...

Delivery
India’s Investor Laws Blocks Food Delivery Startup Zomato From Chinese Investor Money
July 06, 2020

Zomato, the $3 billion Indian food startup, has been cut off from its biggest Chinese investor Ant Financial amid new Indian regulations, The Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Nine Peaks Solutions Rolls Out New Data Extraction Tool For Payroll
July 06, 2020

Nine Peaks Solution has rolled out HCMReporterTM, a new software to extract data and get payroll data done quicker, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Currencycloud, Ripple Partner For Easier Worldwide B2B Payments
July 06, 2020

Currencycloud, which works in global B2B cross-border payments, will be working with enterprise blockchain solution Ripple on new solutions for fast global payments, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
BNY Mellon Partners With Early Warning Services For Faster Payment Times
July 06, 2020

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services, aiming to boost digital B2B payments services for clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Federal Workers Allowed To Purchase Supplies From Online Retailers
July 06, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Intel Pays $253.4M Into Jio Platforms For A 0.39 Pct Stake
July 06, 2020

Intel Capital Corp. wants a piece of Jio Platforms, India’s largest mobile network operator, LiveMint.com reported. 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,...