Finastra, the FinTech company, announced Monday (June 18) that it has acquired Malauzai, a provider of mobile and internet banking solutions for community financial institutions (FIs). In a press release, Finastra said the buy reflects its commitment to the U.S. retail and business banking sectors by...
Viva Republica, Korea’s FinTech startup and maker of financial services app Toss, announced Monday (June 18) it has completed a $40 million round of funding raising. In a press release, Viva Republica said the funding came from GIC and Sequoia China, and with it has...
One of the biggest initial public offerings (IPOs) in Japan may herald a sea change across a number of fronts: in payments, how the Japanese population views budgeting and how marketplaces are evolving in that country. Get the Full Story Complete the form to unlock...
Amazon’s furniture sales are on the move: A One Click Retail study found that the eCommerce retailer has more than tripled sales in that category since 2015. And, in 2017, furniture brought in approximately $4 billion, retail news source Chain Store Age reported. Get the...
Becoming an indirect, wholly owned subsidiary of JD Sports, Finish Line has completed its merger with the European retailer. As a result of the merger, Finish Line and JD Sports will create a multi-channel, multi-brand retailer “with expanded global scope,” according to Finish Line in...
Sometime in the near future, a gig economy or remote worker who lives in an apartment building in Austin, Texas might start their day like this: They will leave their apartment and walk downstairs to a coffee shop where they will grab an iced latte....
Large-scale enterprises are quickly realizing the importance of strategic supplier sourcing – and that means more than finding the cheapest prices on goods they need. It’s an opportunity, experts say, for digitization and automation to step in, particularly as advanced analytics and artificial intelligence offer...
China will reportedly allow payments company WorldFirst to enter its financial services market, making the U.K.-based company the first foreign firm to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Loan approvals for small business borrowers in the U.S. hit a new peak last month, according to Biz2Credit research. But the story doesn’t end there. Biz2Credit’s latest Small Business Lending Index found that loan approval rates at alternative lenders stagnated – and at credit unions,...
