Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
BBVA announced Tuesday (Jan. 3) it inked an agreement to buy Openpay, a startup in Mexico that offers online payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Once upon a time, investors in retail stocks counted cars in parking lots, measured mall foot traffic and kept an eye out for discounts to keep track of what the marketplace really looked like. In the era of digital, that behavior has given way to...
For those who specialize in “points hacking” — a completely legal exercise in trying to maximally combine card program rewards points and programs — the Sapphire Reserve Card and its 100,000 points bonus was almost too good to be true. The monetary value of those bonuses was about...
London-based digital banking startup Monese has raised $10 million in a Series A, with investments coming from Anthemis Exponential Ventures, Korea Investment Partners and STE Capital, among others — as well as from previous investors Smartcap and Seecamp. Get the Full Story Complete the form...
The Consumer Financial Protection Bureau said Tuesday (Jan. 3) that it has fined TransUnion and Equifax amid allegations that the two companies misled consumers about “the usefulness and actual cost” of the credit scores that had been sold, according to a release by the bureau....
Addison Lee, a minicab company headquartered in London and owned by The Carlyle Group, has inked a deal to acquire Flyte Tyme, a U.S.-based competitor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Chipmaker Intel announced it has acquired a 15 percent take in HERE, a global provider of digital maps and location-based services. The purchase came from HERE’s current indirect shareholders: Audi, BMW and Daimler, Intel said in a press release. Get the Full Story Complete the...
House of Fraser, the U.K. department store operator, is making a £35 million investment in an app-only bank as a way to give shoppers a banking tool and payment means. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
