In 2015, $582 billion was sent by migrants to relatives in their home countries. Of that total amount, nearly a quarter (23 percent), or $133.5 billion, originated from the United States. It’s a big deal, but it is mostly an area of financial services that...
Ebates, the online cash back shopping firm and subsidiary of global internet services company Rakuten, announced Friday (Jan. 28) it has acquired Cartera Commerce, a provider of loyalty marketing solutions and rewards programs that is aimed at increasing revenue and customer loyalty. Get the Full...
Daimler, the German car maker, is close to inking a deal to acquire Taxibeat, a profitable ride-hailing app in Athens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
It’s been rather quiet on the unicorn front in past weeks, but some activity of note more recently did extend across mergers, acquisitions and even a downround. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
One of the first major FinTech deals of the year lands with a bang — and a cross-border one at that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
With Amazon’s Alexa out ahead of the rest of the AI field, reports indicate that some of the competitor brands are contemplating joining forces to take on the task. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
If reports in the Wall Street Journal this morning are accurate, Jack Ma’s Ant Financial could soon be the proud owner of money-transfer service MoneyGram International Inc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
JPMorgan & Chase Co. has announced a partnership with Intuit in a deal that will allow Chase customers to easily load their account data into Mint, TurboTax Online and QuickBooks Online financial management applications. These uploads can now all be done without turning over banks’...
Home share service Airbnb is reportedly in talks to acquire social payments startup Tilt (formerly Crowdtilt) for a price potentially over $50 million, said TechCrunch, noting that things could still change. Other sources, such as The Information, peg the porential acquisition price as somewhere between $10...