There is almost nothing in life worse than having to publicly deliver on high expectations. A situation that the good people at First Data (FDC) learned rather directly last week. Before the opening bell was rung, some speculated that First Data’s IPO would attract enough...
As the good people at Morton Salt first said in 1911, “when it rains, it pours.” And last week that rain came in the form of IPOs, with big updates from Square, big news for the widely coveted Worldpay and something of a big letdown for...
Whole Foods announced this week that it will be pairing up with Infor to completely redesign and upgrade its ERP systems — a move that is actually a whole lot bigger than making sure its backend runs better. It’s using its logistics system to better...
While pay cards certainly offer a myriad of advantages over cash, there is one thing that can now be said for good old-fashioned greenbacks that can no longer be said about cards: Cash never forced a plane to land. Get the Full Story Complete the form to...
Mobile point-of-sale technology maker CardFlight has announced $4.2 million in new Series A funding. 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...
Well-known and highly valued payments startup Stripe (last valuation clocked in at $5 billion) has appointed its first-ever CFO. Will Gaybrick will be signing on with Stripe, despite the fact that his background in software engineering makes him something of a surprise for this role. Get...
Hurricane Joaquin may have weakened substantially as it made its way up the East Coast this weekend, but the torrent of news that was payments and commerce last week was anything but sparing. As always, the Data Dive is ready to refresh you about everything...
The First Data IPO is officially underway, and it’s looking like it might be the year’s largest. 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...
Payments firm Adyen has landed another round of financing, bringing its value up to $2.3 billion. The funds come care of Iconiq Capital, the fund that a prominent collection of Silicon Valley billionaires use to invest their fortunes. Get the Full Story Complete the form...