News

Banking
First Data Sells European Business To SIA
May 25, 2018

European payments company SIA announced it is acquiring First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

News
Five At Five: McDonald’s, Uber Eats Team Up For Breakfast
May 24, 2018

Welcome to Five at Five, your late look at the payments and commerce news you might have missed. Today’s stories focus on McDonald’s new breakfast offer and take a look at how much money merchants are making on Amazon’s marketplace. Apple is having a good...

International
Swiss Banker Backs Proposal That Would Alter Lending In The Country
May 24, 2018

Jean-Marc Decressonniere, a Switzerland banker, is one of few in the industry who plans to support a vote in June that would change the way traditional lenders operate in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Uber Plans To Reinvest Profits In Tech, Products In Emerging Markets
May 24, 2018

Uber, the ride-hailing company, plans to pour its profits into expanding its products and investing in technology in emerging markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Adyen Preps For IPO
May 24, 2018

Adyen, a Dutch payment processing company that counts Airbnb, Uber, Spotify and Netflix as customers, is gearing up to go public on the Amsterdam stock exchange in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Simon Says Mixed Use Is The New Wave Of Retail
May 24, 2018

With anchor stores like Sears and JCPenney closing more doors than they’re opening, what’s a shopping mall to do? For a growing number of mall owners, the answer is to diversify, filling those gaping department store holes with something completely different: apartments and hotels. Get...

Partnerships / Acquisitions
PayPal Expands Google Pay Relationship
May 24, 2018

PayPal said Thursday (May 24) that it has expanded its partnership with Google Pay, with a focus on the United States, where users can pay for Google services directly using PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
New England Confectionery Co. Sells For $18.8M At Auction
May 24, 2018

Following an auction in a U.S. bankruptcy court, Massachusetts’ New England Confectionery Co. (Necco) has founded a buyer. Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. Get the Full Story Complete the form to unlock...

Delivery
Amid Trucker Shortage, High Prices Loom
May 24, 2018

Keep on truckin’ — if you can find the drivers. 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...