News

B2B Payments
In Kenya, Govt’s Late Payments Hit Suppliers
July 09, 2018

Late payments dominate the news in Kenya, where corruption drains coffers and hurts suppliers.  In other countries, ePayables has gained attention and adoption along the supply chain in addressing cash flow management.

Payments Innovation
Has Unbundling Lost Its Cool?
July 09, 2018

Is unbundling the future? So it would seem. 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 form, you...

Partnerships / Acquisitions
Groupon Says It Wants To Be Bought
July 09, 2018

Groupon, the daily deal website operator, is reportedly looking for a buyer and has been reaching out to potential buyers. 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
Tencent To Spin Off Internet Music Business
July 09, 2018

Tencent, the Chinese company, is gearing up to spin off its Internet-based music business with a listing of shares to happen in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
Amazon, Whole Foods Change Meal Kit Dynamics
July 09, 2018

One year after Amazon acquired Whole Foods Market, meal kit delivery companies are pulling out all the stops to hold onto customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
Citigroup To Lure Deposits With New App
July 09, 2018

Citigroup, faced with lackluster deposits from individual customers, is trying to ramp up that side of the business by rolling out a new app in the third quarter of this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
PayPal CEO Says $3B/Year Earmarked For Acquisitions
July 09, 2018

PayPal is planning for further acquisitions, setting aside up to $3 billion a year for future deals. 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...

Banking
France To Regulate Bank Fees For The Underserved
July 09, 2018

The government in France is working on a new plan to help the country’s poor in which it could cap the fees a bank can apply to them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Global Payments Industry Sees Surge In Acquisitions
July 09, 2018

Mergers and acquisitions in the global payments industry have hit record highs in 2018, especially in the payments technology market. Financial Times (FT) reported that there were 102 transactions worth a total of $46 billion in the first six months of 2018, according to data from Dealogic....