Ant Financial Services Group, the payment affiliate of Alibaba, isn’t worried about a rival bid for MoneyGram International, with a top executive telling Reuters he’s confident the deal will close. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Walmart announced plans to purchase 15-year-old online women’s retailer ModCloth on behalf of subsidiary Jet.com, two people familiar with the deal told Recode. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
After Euronet surprised the world yesterday with its unsolicited bid to buy out U.S. money transfer business MoneyGram, Alipay parent Ant Financial has released its official response. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Who said that money transmitters with large physical footprints weren’t sexy? 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...
Will it be a game of musical chairs in the payments industry? 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...
Most people today rarely ever carry physical cash. With the flurry of online payment options and devices that process credit cards on the fly, there’s not really a good reason to make a trek to an ATM. Get the Full Story Complete the form to unlock this...
It seems Alipay wasn’t the only global payments player looking longingly at MoneyGram. 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....
Payment Data Systems (PDS), an integrated electronic payment solutions provider, announced that it is in the process of acquiring Singular Payments LLC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Vista Equity Partners LLC has agreed to buy Canadian financial services provider DH Corp. and will combine it with financial software company Misys Ltd. to create a “financial technology powerhouse.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
