Gett, which provides corporate taxi services, has raised $100 million in a funding round, the company announced on its blog. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Wirecard AG, the German payments company fighting for survival, has hired a forensic team to investigate the accounting scandal that led to its insolvency, sources told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Connected fitness has a sparring partner, courtesy of a new direct-to-consumer (DTC) company called Liteboxer. It has an innovative product, proven management and a business model that rivals other connected products, including Peloton. And its founders think it might retire that big heavy punching bag...
Amazon made two announcements on Tuesday (July 21) in advance of what is expected to be a blockbuster earnings report next week. The company has officially postponed Prime Day in the U.S. and has announced positive results of its SMB program. Get the Full Story...
High-flying FinTech Robinhood has scrubbed its plans to launch a stock trading app in the U.K. 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...
As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth...
To bolster its financial status and let it better compete in a difficult retail climate, Tailored Brands plans to make changes that will lead to a reduction of roughly 20 percent of its corporate positions by the conclusion of fiscal Q2. The omnichannel menswear specialty retailer also...
Not very long ago at all, “payments” meant cash or check, even to most businesses, with the occasional exotic banking transaction thrown in, like a wire transfer. Cards, eCommerce, P2P, COVID and a host of other forces have replaced that with today’s complex payments landscape....
The line between challenge and opportunity can be a thin one, as many of today’s chief financial officers (CFOs) and corporate treasurers are quickly discovering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
