News

Partnerships / Acquisitions
Nuvei To Acquire SafeCharge For $889M
May 22, 2019

In an all-cash deal valued at $889 million, Nuvei Corp plans to purchase SafeCharge International Group Ltd. The firms noted that shareholders of SafeCharge would receive $5.55 of cash for every share – a premium of 25 percent to the stock’s closing price on Tuesday...

Mobile Payments
Consumers Who Use Mobile In-Store Are More Frequent Brick-And-Mortar Shoppers
May 22, 2019

Mobile commerce has become part of the daily routine for many consumers — who are not just using devices to shop on the go, but also in-store and for a variety of product categories. Get the Full Story Complete the form to unlock this article...

B2B Payments
Moody’s Teams Up On Small Business Cash Flow Forecasting
May 22, 2019

Moody’s Corporation is partnering with the Foundation for Small Business Development (FFSBD) to connect small businesses with cash flow forecasting solutions and other financial resources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Shadow Banking Casts Shadows Over Economic Heavyweights
May 22, 2019

The U.S. and China have begun to concern some economists with record levels of corporate debt. However, when U.S. Federal Reserve Chairman Jerome Powell spoke on the issue during a conference in Florida earlier this week, it wasn’t so much the corporate debt levels that...

B2B Payments
Spend Management Startup Ivalua Hits Unicorn Status
May 22, 2019

Enterprise spend management technology firm Ivalua has announced $60 million in new funding, which boosts the company’s valuation beyond $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Biz2Credit White Labels SMB Lending Tech For Banks
May 22, 2019

Small business lending platform Biz2Credit is rolling out a new technology designed to help traditional financial institutions strengthen their small to medium-sized business (SMB) lending operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Fed Chairman Weighs In On Corporate Debt Risk
May 22, 2019

Federal Reserve Chairman Jerome Powell offered his thoughts on rising corporate debt levels in the U.S. and abroad just weeks after the Fed released its latest financial stability report, which found that the U.S. economy “appears resilient.” USA Today on Tuesday (May 21) reported that...

B2B Payments
Blockchain Hits The Road (Literally)
May 22, 2019

Blockchain is hitting the road as Honda and GM link on a project tied to electric vehicles and smart grids. Separately, South Korea is launching an identity service based on blockchain.

Delivery
Uber Gearing Up To Launch Unlimited Delivery Membership Program
May 22, 2019

Uber, the newly public ride-hailing startup, is gearing up to launch a subscription plan for food delivery. 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...