Stamps.com announced that it was ending an exclusive partnership with the United States Postal Service, according to reports. The company’s shares fell 56 percent — more than $110 to about $87 — on the news. Get the Full Story Complete the form to unlock this...
To compete with on-demand transportation services such as Uber and Didi Chuxing, automakers Daimler and BMW are teaming up for a billion-euro mobility partnership. The effort would bring together five different divisions called Reach Now, Share Now, Free Now, Park Now and Charge Now, CNBC reported. Get...
Safe-driving AI startup Newton Technologies has announced that it is joining Nauto, a transportation company working to make human drivers and autonomous vehicles safer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Thumbtack and Alia have announced they are partnering on a pilot program that will bring portable benefits to independent workers on Thumbtack. The program will enable Thumbtack customers who hire a house cleaner in California or New York to contribute a suggested $5 per cleaning,...
Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company. 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...
Providence Equity Partners is reportedly looking at takeover offers for UMB Blackboard Transact, a campus-focused payments company that could sell for around $720 million. According to Bloomberg, Blackboard Transact is a unit of UMB Blackboard Inc., an education software company that has been struggling with...
GBG, the U.K.-based identity data intelligence specialist, has announced it is acquiring IDology, a U.S.-based provider of identity verification and fraud prevention services, for $300 million. GBG has completed 11 acquisitions since 2011, but its all-cash acquisition of IDology is its largest to date. Get...
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Two of the nation’s largest regional banks – Winston-Salem N.C.-headquartered BB&T and Atlanta-based SunTrust – are joining forces in a bid to compete with the nation’s biggest players, care of a $66 billion merger. Get the Full Story Complete the form to unlock this article...
