News

Partnerships / Acquisitions
Bird Buys eScooter Competitor Circ
January 27, 2020

Creating a combined company that will lead to an addition of over 300 employees to its European operations, California-based Bird has purchased shared eScooter company Circ. Bird also unveiled a $75 million extension to its Series D fundraising round, which had the size of that...

B2B Payments
US Corporate Cash Stockpiles Spiked In Q4
January 27, 2020

U.S. corporates ramped up their cash accumulation during the fourth quarter of 2019, a sign of a cautious approach to the economy, new research from the Association for Financial Professionals (AFP) said on Monday (Jan. 27), per a report from Yahoo! Finance. Get the Full...

News
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face...
January 27, 2020

In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and Shanghai Disney Resort and McDonald’s close in response to coronavirus outbreak. Also, Google temporarily suspends all paid commercial extensions from being published or...

B2B Payments
Vector Adds Automated Invoicing To Fleet Management Portal
January 27, 2020

Fleet management platform Vector is expanding its Delivery-to-Cash offering with the introduction of automated invoicing and accounts receivable functionality. 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...

Regulation
Big Tech Firms Call For Industry Regulations
January 27, 2020

Big Tech companies like Apple and Facebook have lately had a contentious relationship with regulators and lawmakers over issues like privacy, use of personal data and perceived bias. At times, the firms have pushed back against the idea that they need to be regulated. Get...

B2B Payments
Mastercard Propels Cardlay’s Biz Card Solution Across Europe
January 27, 2020

Commercial card technology company Cardlay, based in Denmark, has announced a partnership with Mastercard Europe, expanding the FinTech’s reach throughout the continent via Mastercard’s network of issuing banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Funding Circle CFO Exits, Replacement Named
January 27, 2020

U.K.-based small business lending platform Funding Circle has announced its chief financial officer will depart the company, reports in City A.M. said Monday (Jan. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
N26 Reaches 250K Customers Since US Launch
January 27, 2020

N26, a mobile bank and a subsidiary of one of Europe’s fastest-growing financial startups, has announced that after five months of operation in the U.S., it has gained 250,000 customers, according to a release. Get the Full Story Complete the form to unlock this article...

Retail
Making A Market For Water With A Caffeinated Kick
January 27, 2020

Americans are heavy consumers of caffeine. 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. By completing this form, you agree to...