News

International
Luckin’s Jolt and Echoes of WeWork’s Governance Debacle
April 07, 2020

For China’s Luckin Coffee, call it a jolt of the most unpleasant sort. 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....

B2B Payments
Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief
April 07, 2020

It’s all hands on deck as companies across industries take measures to aid the national and global response to the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Leveraging Open Banking To Build The New Trust Ecosystem
April 07, 2020

Everyone wants to build a smoother, faster and more efficient financial services journey — that isn’t a point of disagreement or friction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Airbnb Gets $1B To Bolster Its Host Network
April 06, 2020

Airbnb will be getting a leg up financially in the form of help from investors Silver Lake and Sixth Street Partners, who will funnel $1 billion into the vacation rental powerhouse, according to a press release. Get the Full Story Complete the form to unlock...

B2B Payments
UK Urges Higher Government P-Card Limits To Support Suppliers
April 06, 2020

The U.K. government, angling to jump-start the economy, is urging public entities to negotiate with procurement card providers to raise the limits on what can be spent, according to the National Health Executive. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Payroll FinTech Paylocity Acquires Video Communication Platform
April 06, 2020

Paylocity, which provides HR and payroll services, has acquired VidGrid, which works with peer-to-peer video services, according to a press release. 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
Mastercard’s Nets Takeover Hits Antitrust Snag
April 06, 2020

Based on information from six nations, with the inclusion of the U.K., regulators in Europe said on Monday (April 6) that Mastercard’s plans to purchase a portion of Nets presents a sizable risk to competition on the continent. The payments firm had unveiled plans last summer...

Partnerships / Acquisitions
Foursquare Merges With Location Data Firm Factual, Layoffs Expected
April 06, 2020

New York-based location intelligence company Foursquare and data location provider Factual are now one company. 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
Safaricom, Vodacom Acquire M-PESA Payments Platform
April 06, 2020

Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development and support services, from Vodafone Group PLC through a joint venture, the companies said on Monday (April 6.) Get the...