As of yesterday, First Data has officially agreed to acquire rival payment processor CardConnect for around $750 million. The deal will reportedly be covered mostly in cash — and will include the repayment of CardConnect’s debt. Get the Full Story Complete the form to unlock this...
Mastercard announced Monday (May 29) that Russian financial firms working within the collaborative FinTech acceleration program Fintech Lab has chosen 12 FinTech startups they plan to mentor and guide through the program. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Home security technology startup Deep Sentinel recently announced the close of a $7.4 million Series A venture funding round led by Shasta Ventures, with participation from Bezos Expeditions, Lux Capital and UP2398. Get the Full Story Complete the form to unlock this article and enjoy...
Consumers in the U.S. have seen their credit scores reach record highs in the spring at the same time that the number of Americans who have the riskiest credit profile hit a record low. Get the Full Story Complete the form to unlock this article...
Google has reportedly rolled out a new venture capital fund focused on artificial intelligence. 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....
BITPoint Japan Co. is reportedly gearing up to enable hundreds of thousands of Japanese retail outlets to accept the digital currency bitcoin, reported Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The western world may have lead the way in computer software and semiconductors, but when it comes to artificial intelligence, China is shining. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Big banks are pulling back from the $1.2 trillion U.S. car loan market due to fears that consumers have taken on more debt than they can handle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
China’s Tencent is using WeChat, its social media network, to lure high end fashion brands, which could be a new effort in the world of online retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
