Western Union and FLEETCOR are nearing an agreement to sell WU’s business payments operations to the fleet payments firm, according to reports in PE Hub on Wednesday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Berkshire Hathaway, the Omaha, Nebraska conglomerate owned by Warren Buffett, spent $4 billion in the third quarter for a stake in JPMorgan Chase, giving it big stakes in three of the four largest U.S. banks. Get the Full Story Complete the form to unlock this...
All teens want for the holidays this year is a new iPhone and some Fortnite “V-Bucks” virtual currency. 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...
Contactless payment company Mobeewave announced the closing of a $16.5 million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. The investment funds will enable the Montreal-based startup to continue to deploy its patented solution in markets around the world, develop new...
How to speed the checkout process? To echo an old Dustin Hoffman film, the answer may lie with one word: plastic. To that end, Chase, the largest card issuer in the U.S., said Wednesday (Nov. 14) that it’s rolling out tap-to-pay functionality across its Chase...
Capital is finding its way into all sorts of funds and to all sorts of firms. Early-stage investments are mushrooming in size, and the competitive landscape is crowded, which makes prudent investing no easy task. Bain's Matt Harris, managing director, weighs in on the mindset...
Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. A source told Reuters that the additional funding comes from investors, including U.S. hedge fund Tiger Global Management and existing investors Coatue Management and Valiant...
Macy’s managed to come out ahead of analyst expectations for the third time in a row during Q3 2018, with earnings and same-store sales all coming in front of earnings forecasts. Macy’s racked up earnings per share (EPS) of $.27 versus the $.14 expected and...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest loyalty idea from Uber, and Square’s payroll push. Walmart has a new delivery program, BigCommerce gets bigger in payment options and Google boosts enterprise analytics....
