News

B2B Payments
Glantus Acquires JPD Financial To Support Buyer-Supplier Ties
February 24, 2020

Financial automation and data intelligence solutions firm Glantus has acquired the audit credit recovery firm JPD Financial, creating a business with an approximate $12 million turnover, Glantus announced on Monday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
SoftBank’s Second Vision Fund Invests In Two Companies
February 24, 2020

SoftBank’s second Vision Fund has invested in two companies, artificial intelligence company Behavox and healthcare-facing company Karius, according to 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....

International
Coronavirus Cases Climb; Dow Sinks Along With Mortgage Rates 
February 24, 2020

As the Coronavirus spreads beyond the borders of Asia, its effects are casting a widening shadow that is being felt in just about every industry, across most of the world. Not only are the financial markets dropping along with tourism and mortgage rates, but manufacturers...

International
Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down
February 24, 2020

Not all black swan events are created equally, at least when it comes to certain business verticals. 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...

B2B Payments
BharatPe Lands $75M To Boost Indian SMB Loans
February 24, 2020

Indian startup BharatPe has raised $75 million in a Series C funding round to help small businesses in India accept digital payments and provide them with loans, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Today In Payments: Intuit To Buy Credit Karma; JPMorgan To Open UK Digital Bank
February 24, 2020

In today’s top news, TurboTax creator Intuit is reportedly buying Credit Karma, and JPMorgan Chase is looking to open a digital bank in the U.K. by the end of the year. Also, a wire fraud victim is suing his bank for allegedly not having anti-fraud...

B2B Payments
VersaPay Takeover By Great Hill Finalized
February 24, 2020

The acquisition of Canadian FinTech firm VersaPay by Boston private equity firm Great Hill has now been finalized, according to reports on Sunday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Santander To Buy U.S. Bancorp Subsidiary Elavon México
February 24, 2020

Santander Group announced on Monday (Feb. 24) that it has signed an agreement to purchase global merchant acquirer Elavon México, a U.S. Bancorp subsidiary, for about $86 million (MXN 1,600 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Solving Social Commerce’s Conversion Problem
February 24, 2020

The potential of social commerce – consumers transacting directly through their various social media channels – has been talked up for the better part of the last decade. The logic is simple and compelling: Consumers are already hanging out, being prompted with ads and, in...