News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Santander, Billionaire Salinas Express Interest in Citibanamex Acquisition
Santander, Billionaire Salinas Express Interest in Citibanamex Acquisition
January 12, 2022  |  Acquisitions

Banco Santander SA and billionaire Ricardo Salinas are all among the players considering acquiring Citibanamex, Citigroup’s Mexican retail banking business.  Get the Full Story Complete...

READ MORE >
Lightspeed’s US Retailers Doubled Industry Average Growth
Lightspeed’s US Retailers Doubled Industry Average Growth
January 12, 2022  |  Earnings

Merchant point-of-sale (POS) commerce platform Lightspeed Commerce said its U.S.-based merchants achieved twice the average industry growth of their peers last year, with 35% same-store...

READ MORE >
Citing ‘Usedphoria,’ GM’s CarBravo Unit Crashes Secondhand Vehicle Party
Citing ‘Usedphoria,’ GM’s CarBravo Unit Crashes Secondhand Vehicle Party
January 12, 2022  |  Retail

Hoping to bottle the emotion it calls “Usedphoria,” General Motors driving into online used vehicle sales is the latest and largest example of brands retaking...

READ MORE >
Hong Kong Weighs Crypto, Stablecoin Regulations
Hong Kong Weighs Crypto, Stablecoin Regulations
January 12, 2022  |  Cryptocurrency

The Hong Kong Monetary Authority (HKMA) is weighing regulations for cryptocurrencies and stablecoins, with plans to launch a framework by July. The latest move would...

READ MORE >
Report: British Private Equity Firm CVC Joins Bain Capital in Joint Bid for Walgreens Boots Unit
Report: British Private Equity Firm CVC Joins Bain Capital in Joint Bid for Walgreens Boots...
January 12, 2022  |  Retail

Bain Capital and CVC Capital Partners are putting together a multibillion-pound joint bid for pharmaceutical giant Boots, according to multiple reports Tuesday (Jan. 11). Get...

READ MORE >
NVIDIA, Arm Tell UK Competition Watchdog Why It Should Approve Their Deal
NVIDIA, Arm Tell UK Competition Watchdog Why It Should Approve Their Deal
January 12, 2022  |  Partnerships / Acquisitions

Silicon Valley chip maker NVIDIA and United Kingdom chip designer Arm are fighting back as a U.K. competition regulator considers blocking NVIDIA’s proposed $40 billion...

READ MORE >
CO-OP Financial Services: 2021 was the Year of Rethinking
CO-OP Financial Services: 2021 was the Year of Rethinking
January 12, 2022  |  Opinion

Hard times can serve as an effective catalyst for change. Todd Clark, president and CEO of CO-OP Financial Services, says smart credit unions used a...

READ MORE >
SMB Travel Platform TravelPerk Raises $115M
SMB Travel Platform TravelPerk Raises $115M
January 12, 2022  |  Investments

TravelPerk, a European travel management company, has raised $115 million in a new funding round, bringing the value of the startup to $1.3 billion.  Get...

READ MORE >
China’s Rules on Algorithms are Promising; the Devil is in the Details
China’s Rules on Algorithms are Promising; the Devil is in the Details
January 12, 2022  |  Regulation

China just completed its draft of new rules to regulate how companies use algorithms, which will take effect on March 1. Get the Full Story...

READ MORE >