Nokia and Tencent, one of China’s leading providers of internet services, announced Thursday (July 5) that they inked an agreement to carry out joint research and development work to explore the potential of 5G for new applications. In a press release, the companies said the...
PayPal announced Tuesday (July 3) the closing of its deal with Synchrony, in which it acquired $7.6 billion in receivables from PayPal. In a press release, PayPal said the receivables include PayPal’s U.S. consumer credit receivables portfolio, which totaled $6.8 billion at the time of...
As Lyft seeks to contend with Uber’s purchase of JUMP Bikes, the ridesharing company said it will buy bikesharing firm Motivate. Lyft would reportedly pay approximately $250 million for the company, which is the parent of Ford GoBike and Citi Bike, Reuters reported. Get the...
As Colgate-Palmolive Co. seeks to cut out retailers as sales move to eCommerce, the consumer packaged goods (CPG) company is reportedly seeking the help of a startup to sell products via a subscription service. According to sources familiar with the situation, Colgate is nearing a potential...
Walmart is facing opposition to its $16 billion deal to acquire Flipkart, with shopkeepers and traders affiliated with the Confederation of All India Traders kicking off protests around the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
PayPoint, the payment technology company, announced news on Thursday (June 28) that it inked a partnership with U.K. challenger bank Tide in which customers will be able to deposit cash into a Tide account at any of PayPoint’s 29,000 retailers nationwide. Get the Full Story...
Digital money platform Uphold announced that it has reached an agreement to acquire New York Stock Exchange member JNK Securities Corp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Chase Pay is teaming up with Tock with customized culinary experiences in mind. 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 Today. By...
Ping Identity, an identity Defined Security company, announced news on Tuesday (June 26) of the acquisition of API cybersecurity provider Elastic Beam and the launch of PingIntelligence for APIs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
