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Macy’s to Shut 125 Stores, Shutter Tech Offices

Macy’s to Shut 125 Stores, Shutter Tech Offices
Macy’s to Shut 125 Stores, Shutter Tech Offices
February 04, 2020  |  Retail

Macy’s struggles continue as customer habits change to discount stores and online purchases, and the company said it’s going to close 125 department stores through...

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Instagram Pulls In Over 25 Pct Of Facebook Ad Revenue
Instagram Pulls In Over 25 Pct Of Facebook Ad Revenue
February 04, 2020  |  Facebook

It appears that Instagram generated more than a quarter of Facebook’s total revenue last year, according to sources. Get the Full Story Complete the form...

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HighRadius And Genpact Team Up On Accounts Receivable Automation 
HighRadius And Genpact Team Up On Accounts Receivable Automation 
February 04, 2020  |  B2B Payments

HighRadius, an enterprise software-as-a-service (SaaS) FinTech firm, and Genpact, a digital transformation company, have teamed up on improving enterprise accounts receivable and bringing digital automation...

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DOJ Looks To App Makers In Apple Antitrust Probe
DOJ Looks To App Makers In Apple Antitrust Probe
February 04, 2020  |  ANTITRUST

As part of an ongoing probe into Apple, the U.S. Department of Justice (DOJ) has contacted app developers to inquire about the company’s behavior and...

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Openpay Signs B2B Deal With Woolworths
Openpay Signs B2B Deal With Woolworths
February 04, 2020  |  B2B Payments

Australian payments FinTech Openpay is teaming up with Australian grocery retailer Woolworths to tap into the B2B space, according to reports on Tuesday (Feb. 4)....

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US SoftBank Exec Exiting Vision Fund
US SoftBank Exec Exiting Vision Fund
February 04, 2020  |  Personnel

Michael Ronen, a former Goldman Sachs banker who joined SoftBank in 2017, is leaving the conglomerate’s $100 billion Vision Fund over “issues,” the Financial Times reported...

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Visa To Unload Earthport’s FX Subsidiary
Visa To Unload Earthport’s FX Subsidiary
February 04, 2020  |  Partnerships / Acquisitions

Visa has announced that it will sell cross-border payments company Earthport’s foreign exchange (FX) business to Pollen Street Capital’s Currency Holdings, according to a report....

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Payrailz Brings Banking As A Service To Credit Unions
Payrailz Brings Banking As A Service To Credit Unions
February 04, 2020  |  B2B Payments

FinTech startups Constellation Digital Partners and Payrailz are teaming up to create a joint solution to help credit unions offer an enhanced online banking experience,...

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eBay Is Acquisition Target For NYSE Owner
eBay Is Acquisition Target For NYSE Owner
February 04, 2020  |  Partnerships / Acquisitions

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has reportedly made an offer to take over eBay in a move that might...

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