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Investments
SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
December 12, 2019

China’s cloud-based FinTech platform OneConnect reduced its U.S. initial public offering (IPO) on Thursday (Dec. 12) by nearly 50 percent, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
QuickBooks Releases Expanded Payroll Services Suite
December 12, 2019

The company behind QuickBooks, Intuit, announced it is releasing an expanded suite of online payroll offerings to help small to medium-sized businesses (SMBs) automate payroll and tax filing, according to a press release. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Microsoft Teams With Yooz For AP Automation
December 12, 2019

Yooz, a company that provides a cloud-based purchase-to-pay automation solution for companies, has announced a partnership with Microsoft, 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...

Investments
Zippin Raises $12M To Accelerate Cashierless Store Launches
December 12, 2019

Zippin, a cashierless checkout technology company, has raised $12 million in a Series A funding round, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Samsung Enters Property Tech Space With Travelio Investment
December 12, 2019

Travelio, a property technology startup based out of Indonesia, recently announced that the Samsung Venture Investment Corporation has joined the company’s Series B funding round, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
E*Trade Buys Student Loan Startup Gradifi
December 12, 2019

Online discount brokerage firm E*TRADE has acquired Gradifi, a student loan benefits and financial wellness provider, E*TRADE announced in a press release on Monday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Delta Takes Minority Stake In Private Jet Startup Wheels Up
December 12, 2019

Delta Airlines has decided to take a different direction when it comes to its private jet business, announcing earlier today that it would be combining its Delta Private Jets unit with Wheels Up, which is a NYC-based privately held business that has seen quick growth, according...

News
Top News in Payments: Mastercard Pilots Digital ID Verification Program; PayPal’s Bill Ready to Join...
December 12, 2019

In today’s top news in payments, Mastercard announces the launch of a new digital identification program that can instantly authenticate someone’s identity, and Apple’s Tim Cook defends monopolies. Also, Bill Ready, formerly PayPal’s chief operating officer, is set to join Google as president of commerce....

B2B Payments
Curve Hit With Criticism Over Commercial Cards For Self-Employed
December 12, 2019

U.K. FinTech startup Curve is facing allegations that it is sending corporate cards to customers expecting consumer cards, leading to higher hidden fees, reports in Business Insider said Thursday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...