Goldman Sachs will be purchasing Oakland-based credit card startup Final as part of an acquihire plan. According to Fast Company reports, the new talent coming on board will be used as part of the bank’s attempted expansion into consumer-facing products. Get the Full Story Complete...
Global payments company i2c announced news on Tuesday (Jan. 30) that it inked a deal with Payfare, a provider of mobile banking and micro-lending, in which Payfare will use i2c’s Agile Processing payments platform. Get the Full Story Complete the form to unlock this article and...
In an effort to better compete with Amazon in Asia and the U.S., Walmart has entered a partnership with the largest eCommerce retailer in Japan, Rakuten. The collaboration between Walmart and Rakuten will focus on online grocery delivery in addition to eBooks, industry news source...
Sources have revealed that Uber was in talks to acquire a freight logistics company, but the deal fell through. 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...
ING announced Monday (Jan. 29) that it has purchased a 75 percent position in Payvision, the omnichannel payments service provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Kenneth Chenault announced last fall that he was officially stepping down as the head of American Express — after almost 20 years of leadership that spanned such critical events as 9/11 and the financial crisis. Get the Full Story Complete the form to unlock this...
Longstanding partners in identity across the digital and physical spheres – LexisNexis (via RELX) is buying ThreatMetrix. Reed Taussig, CEO of ThreatMetrix, tells PYMNTS’ Karen Webster that scale matters in the everlasting battle against fraud, and so does speed. Here’s why the deal, he said,...
Relx — a U.K.-based information and analytics firm — has formally agreed to purchase ThreatMetrix for 580 million pounds ($819 million) in cash. ThreatMetrix analyzes some 100 million transactions per day to hunt for cases of fraud and is considered one of the largest repositories of...
Contract, or 1099, workers aren’t a new workforce phenomenon by any stretch of the imagination. But in the era of on-demand services — and a seemingly ever-proliferating number of platforms that match employees to short-term labor contracts — the last decade has seen the emergence of the...