Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce and payments company, in a roughly $35 billion dollar deal. In a press release, FIS said the deal expands its capabilities by enhancing...
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...
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...
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...
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...
“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...
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...
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...
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...
