Investments
PayU Invests €110M In Kreditech; Becomes Minority Investor
May 11, 2017

Kreditech, the online lender in Germany, has reportedly landed a €110 million investment from online payment processor PayU. 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...

Cross Border Commerce
Steep Slowdown For Chinese Cross-Border Corporate Acquisitions
May 11, 2017

$246 billion in cross-border corporate acquisitions last year, and now China’s buyout frenzy seems poised to quiet down quite a bit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
Spotify And Capital One Announce Partnership
May 11, 2017

A new partnership recently announced between Capital One and Spotify aims to discount subscriptions as a means to draw more users into signing up for the music streaming service’s premium option. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

API
Xero Integrates Capital One’s New API
May 11, 2017

Xero, the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Google
Google Launches Local Event Search
May 11, 2017

While Facebook has become the major place to go for finding local events like concerts, lectures and meetups, Google is giving the social media giant a run for its money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Sears CEO Lashes Out At “Irresponsible Media”
May 11, 2017

As it turns out, President Trump is not the only chief executive frustrated by his media narrative and the “fake news.” Sears CEO Eddie Lampert has some equally negative sentiments for the press corps, which he blames for his firm’s recent run of woe. Get the...

Earnings
It’s A Miss: Snap’s $2.2B Earnings Fiasco
May 11, 2017

Snap Inc. (SNAP) shares dropped nearly 25 percent in after-hours trading as investors learned the tech and social media company had missed the expectations for the first quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Western Union Launches 40th Wu.com Website For Money Transfers
May 11, 2017

The Western Union Company, a global payments company, announced Wednesday (May 10) that it has activated its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations, including the U.S., Canada and major parts of...

Merchant Innovation
Walmart And Jet Open Grocery Retail Concept In New York
May 11, 2017

As of yesterday, New Yorkers had a new way to shop for groceries appear on their collective radar — Jet.com opened a temporary grocery store in partnership with Rachel Shechtman’s Story, a 2000 square foot retail concept store. Get the Full Story Complete the form to unlock...