Western Union subsidiary Speedpay announced it has partnered with tech company Beguided to fully integrate its Avapay payment channel into Speedway’s platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement. Its Xoom service has signed a deal with Euronet Worldwide subsidiary Ria, which will offer Xoom customers cash pickup services...
Toyota Motor is gearing up to invest $500 million in ride-hailing company Uber Technologies as part of a deal to work on self-driving vehicles with an eye toward making them safer and lowering the cost of transportation. Get the Full Story Complete the form to...
To help address emerging risks facing consumers, The Allstate Corporation said it has agreed to buy identity protection provider InfoArmor, Inc. The deal, a $525 million all-cash transaction, could close later this year, Allstate said in an announcement. Get the Full Story Complete the form...
Alibaba and SoftBank have invested $3 billion into Ele.me, the food delivery company that is owned by Alibaba. According to a report in CNBC, Ele.me also merged with Koubei, with the combined company getting the funding. Get the Full Story Complete the form to unlock...
Flipkart, the Indian eCommerce player being acquired by Walmart, has acquired Liv.ai, the Bengaluru startup working on speech recognition platforms using artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
First Data, the commerce-enabling technology company, announced on Tuesday (Aug. 21) that it has integrated with Ellie Mae’s Encompass Consumer Connect lending platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Verifone Systems announced that it has been acquired by an investor group, led by technology firm Francisco Partners. The $3.4 billion acquisition, previously announced in April, closed and became effective on Monday (Aug. 20). Other investors included Canadian firm British Columbia Investment Management Corporation (BCI). Qatalyst Partners is serving...
Ripple’s cross-border payments product xRapid brought on Bittrex to act as the preferred digital asset exchange for its transactions that move through U.S. dollars. In a press release, Ripple said that for xRapid to be successful, there needs to be a healthy ecosystem of digital asset exchange partners around...
