News

Partnerships / Acquisitions
Cigna, Oscar To Launch Healthcare Solution For SMBs
January 13, 2020

Cigna has announced a partnership with technology-focused Oscar, another health insurance firm, to provide plans and coverage across U.S. markets for small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
NRF Retail Show Highlights Importance Of Amazon, Data And Store Workers
January 13, 2020

Creativity and making better use of consumer data are among the early but big ideas to emerge from the ongoing NRF convention taking place in New York City, an annual event commonly called “Retail’s Big Show.” Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Visa To Acquire Plaid For $5.3B
January 13, 2020

Visa has signed a deal to purchase FinTech firm Plaid for $5.3 billion, according to a report. 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...

Retail
Abercrombie & Fitch To Slash Store Sizes
January 13, 2020

Retailer Abercrombie & Fitch is shrinking its footprint as it makes plans to exit top malls and shopping centers, Bloomberg reported on Monday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Samsung Snatches Up TeleWorld To Enhance 5G Offerings
January 13, 2020

Samsung Electronics is acquiring network services provider TeleWorld Solutions (TWS) to build out the next generation of wireless, TechCrunch reported Monday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
ToursByLocals Gets $25M To Match Travelers With Guides
January 13, 2020

The tours and experiences market is rapidly growing, and analysts predict that it will be worth $183 billion in 2020. One particular startup, ToursByLocals, aims to capitalize on this trend. The company has gotten a significant investment in a funding round to aid its expansion,...

B2B Payments
INTL FCStone Mitigates Brexit Risk With FX Takeover
January 13, 2020

INTL FCStone, a risk management and advisory service provider for players in the financial industry, announced a new acquisition to strengthen its small business foreign exchange and hedging offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Starling Debuts Unsecured Business Loans, Ups Overdraft Limits
January 13, 2020

U.K. challenger bank Starling Bank continues to revamp its small business lending strategy with the launch of proprietary SMB loan services, the company announced on Monday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Top News In Payments: Wells Fargo Growth Hampered By Tech Failures; Goldman Launches Mobile App...
January 13, 2020

In today’s top payments news, Wells Fargo is trying to revamp its approach to technology to appease regulators, and Goldman Sachs finally launches a mobile app for its online-only bank, Marcus. Also, Karen Webster examines the economics of delivery aggregators. Get the Full Story Complete...