News

Partnerships / Acquisitions
Fiserv Buys Elan’s Debit, ATM Business For $690M
September 25, 2018

Fiserv, the global provider of financial services technology solutions, announced on Tuesday (Sept. 25) that it has agreed to acquire the debit card processing, ATM managed services and MoneyPass surcharge-free network of Elan Financial Services, a unit of U.S. Bancorp. Get the Full Story Complete the...

Investments
Emergent Technology Invests In Trust Stamp To Verify Identities
September 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. 25) that it has made a strategic investment in T Stamp Inc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
For SiriusXM, Pandora Or Pandora’s Box?
September 25, 2018

It’s been said that you never set foot in the same river twice. Or stream, for that matter – and let’s extend that to “streaming music service.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Sears CEO Wants To Restructure Debt, Sell Assets
September 25, 2018

In an effort to avoid bankruptcy, Sears CEO Edward Lampert is pitching a rescue plan: He wants the retailer’s board to sell assets and creditors to refinance debts, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...

Retail
Whole Foods Supplier Embraces Robotic Farming
September 25, 2018

To supply retailers such as Whole Foods and U.S. Foods with greens, 80 Acres Farms is constructing a “fully automated indoor farm.” The project’s reported cost is in the range of $10 million to $15 million, CNBC reported. Get the Full Story Complete the form...

Retail
With Audi Select, Automaker Pilots Subscription Rentals
September 25, 2018

Luxury automakers are test driving new business models: Audi has announced a pilot program dubbed Audi Select that allows customers to borrow from a small selection of vehicles. The service, which made its first appearance in five Dallas-Fort Worth area dealerships, gives customers access to...

Retail
ALDI And Grocery Competitors Poised For Online-Offline Evolution
September 25, 2018

Grocers are expanding their in-store and online offerings as they compete with other retailers in a crowded space. Aldi, in particular, recently announced the expansion of its online grocery delivery service to all of its stores in the United States. To that end, the German...

B2B Payments
Barclays Debuts Digital Platform For EU Corporates
September 25, 2018

U.K. bank Barclays is expanding its European operations with the launch of a digital corporate banking portal, reports in IBS Intelligence said on Monday (Sept. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Enterprise Engineering Forms Unit To Link Banks To FinTech Firms
September 25, 2018

Financial services advisory firm Enterprise Engineering is spinning off a new company to link banks and financial institutions with data management tools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...