News

IPO
Lyft Aims For As Much As $23B Valuation
March 18, 2019

Lyft is set to launch the investor road show for its initial public offering on Monday (March 18) in which it’s aiming to get a valuation of between $21 billion and $23 billion. Get the Full Story Complete the form to unlock this article and...

Faster Payments
Why Digital Disbursements Need More Than Speed
March 18, 2019

When it comes to payments, consumers overwhelming prefer them to be faster. It’s a trend visible in the latest edition of the PYMNTS/Ingo Money Disbursements tracker, where three-quarters of consumers responded that they actively wanted faster payments. Get the Full Story Complete the form to...

Partnerships / Acquisitions
Deutsche Bank, Commerzbank Confirm Merger Talks
March 18, 2019

Deutsche Bank confirmed on Sunday (March 17) that it’s in talks with Commerzbank about a deal. 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...

Banking
Why Technology Isn’t Bank Transformation’s Silver Bullet
March 18, 2019

Is there a right way and wrong way to innovate? 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...

Faster Payments
Faster Payments: Does The Fed Have A Hidden Agenda?
March 18, 2019

“Connect the dots” is used as a metaphor to describe how a series of discrete events can explain a “big picture” – often high-impact – action or outcome. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
People’s Bank Of China To Regulate FinTech
March 18, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
IADB Recognizes Guaido’s Representative Over Maduro’s
March 15, 2019

Latin America’s largest lender, the Inter-American Development Bank (IADB), voted on Friday (March 15) to replace President Nicolas Maduro’s representative with that of opposition leader Juan Guaido, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Wirecard Stocks Slump Over India Report Fears, Analysts Say Sell
March 15, 2019

German payments company Wirecard’s shares dropped after an Indian business became a key issue in the company’s continuing problems, following a series of articles in the Financial Times alleging fraud in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Judge: Rent-A-Center Doesn’t Have To Complete Merger
March 15, 2019

A judge has ruled that Rent-A-Center will not have to complete a $1.37 billion merger by Vintage Capital Management, and that the furniture retailer acted properly when it canceled the deal based on a technicality. Bloomberg reported the issue remains of who will pay a...