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...
Approved, the online mortgage platform company, announced Thursday (Aug. 16) in a blog post that it has been acquired Credit Karma. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Zoho, the maker of an operating system for businesses, announced on Thursday (Aug. 16) that it will automatically import Uber for Business trip receipts into Zoho Expense, its expense reporting and tracking software. Get the Full Story Complete the form to unlock this article and...
Coinbase, the cryptocurrency exchange operator, announced Wednesday (Aug. 15) that it has acquired Distributed Systems, a company that has been working on decentralized identity solutions. In a blog post, the company said the Distributed Systems team is working with Coinbase to find new and innovative...
