Citi Innovation Labs have been looking at distributed ledger technology for “the last few years” and has put together a dedicated, skilled team, according to International Business Times UK. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
General purpose reloadable (GPR) cards are seeing increased use by consumers, especially among “unbanked” cardholders who tend to use those cards like checking accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
After sagging profits and damaging food safety scandals, KFC and McDonald’s in China are trying to attract China’s younger generation by introducing tech savvy features into their restaurants, Forbes reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fifteen-year-old Interactive Data Corp, a financial data provider owned by private equity firms Silver Lake Group and Warburg Pincus, is up for potential sale or an initial public offering that could value it at more than $5 billion (including debt), Reuters reports. IDC was taken...
7-Eleven will offer delivery to customers by partnering with San Francisco-based technology company Postmates in San Francisco and Oakland, California. Areas of delivery should be expanded later this year where there is a high density of 7-Eleven stores — Austin, New York, Los Angeles, Washington, D.C....
July kicks off a new start for Angie’s List. Yesterday (July 1), the local services marketplace announced J. Mark Howell took over as Interim CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Rocket Internet’s Global Fashion Group (GFG), the German Internet platform’s fashion-focused umbrella group, announced yesterday (July 1) that it secured €150 million ($167 million) in funding from an internal financing round. Rocket Internet also announced plans to move two of its Brazilian online fashion businesses...
New York-based online retailer Zady, which caters its lifestyle goods to conscious consumers, announced a partnership with Borderfree to expand its offerings globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Allegis Capital is $100 million closer to a new fund built to invest in cybersecurity. According to Founder and Managing Director Bob Ackerman, the fund’s target is $150 million, but the firm announced the fund’s close at $100 million because “we wanted to get going.” Get the...
