Ant Financial, the Chinese payment unit of Alibaba, is gearing up to resubmit to the U.S. its application to purchase MoneyGram International. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As a multi-agency advisory panel in the Trump Administration comes to the end of its review of Ant Financial’s acquisition of MoneyGram, the possibility of data theft by foreign countries becomes a main point of concern. Get the Full Story Complete the form to unlock...
Urban FT, an industry leading software as a service (SaaS)-based digital banking platform, has confirmed it is in advanced negotiations with Digiliti Money Group (DGLT) regarding a potential transaction to help DGLT avoid potential bankruptcy proceedings. Get the Full Story Complete the form to unlock this article...
Investment firm Vista Equity Partners has agreed to acquire digital experience research and testing firm Applause, the two companies announced. Applause will still operate as an independent unit, and executive leadership will remain the same following the deal, which is subject to standard regulatory approvals. Get the Full...
Fiserv, a financial services technology solutions provider, announced the acquisition of Dovetail Group Limited to further enable it to help financial institutions around the world transform their payments infrastructure. The new capabilities would be used to meet the evolving needs of wholesale, commercial and retail customers. Get...
Alipay, the Chinese digital payment arm of Alibaba, announced news that it has teamed up with online review website Yelp to bring Yelp’s local content to millions of Chinese travelers directly within Alipay’s mobile lifestyle and payment app. Get the Full Story Complete the form...
Urban FT has launched a bid for struggling mobile money firm Digiliti. To get a sense of the strategy behind the deal, Karen Webster got an exclusive first look with Urban FT's CEO Richard Steggall about why he and Urban FT took such an interest in a digital bank that’s teetering...
Ride hailing app company Uber is reportedly considering an offer from an investment group that wants to own a bigger share of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in the squeeze of a wide-ranging credit crunch. Get the Full Story Complete the form to unlock this article and enjoy...