Verifone said Friday that the “go shop” period under the terms of its merger agreement with Vertex Holdco has expired, paving the way for Verifone to be acquired by the latter in a deal that takes the payments giant private. Get the Full Story Complete...
As Europe’s General Data Protection Regulation (GDPR) comes into effect, Facebook privacy critic Max Schrems has filed four complaints over consent required to use online services. The complaints were filed against Facebook — along with its Instagram and WhatsApp services — and against Google’s Android, TechCrunch...
After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a leader in financial inclusion. But some borrowers have now become burdened with debt after taking out high-interest rate loans from lenders that use...
Wesfarmers is selling U.K. home improvement chain Homebase just two years after buying it, according to news from CNBC. The question now is what future acquisitions face the powerful Australian retail conglomerate. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As is the case with most businesses, Marine Layer was founded to solve a problem. In this case, a very specific problem: Founder Michael Natenshon’s girlfriend threw out his favorite t-shirt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As Gen Z is projected to soon become the largest consumer segment, Target is rolling out three new house brands geared toward the retailer’s teen and young adult customers. Two brands will focus on clothing, while another will focus on electronics, retail news source Chain...
Rover, the world’s largest network of pet sitters and dog walkers, has announced that it secured $125 million in new capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As Chipotle Mexican Grill ramps up its digital efforts, the quick-service restaurant chain (QSR) may roll out more drive-thru lanes. Chipotle currently has five locations with drive-thrus in the U.S., but more locations with the feature might be in the works, CNBC reported. Get the...
Beverage managers are often faced with a dilemma: how to simplify the process of ordering alcohol from multiple distributors. To create an alternate to texts, emails and phone calls, Taylor Katzman created a web app called Provi that connects bars with multiple distributors. After his...
