March 21, 2019
Jamie Dimon: Big Tech Should Prep For Big Reg

JPMorgan Chase CEO Jamie Dimon said tech giants need to brace themselves for a similar slew of tough regulations to what big banks faced after the financial crisis. “They haven’t...

March 20, 2019
Shared Home Equity Startup Point Raises $122M Series B

Point, a California-based home equity and finance company, has raised $122 million in financing, $22 million of which came from a Series B funding round spearheaded by DAG Ventures and...

March 20, 2019
Opendoor Raises $300M, Reaching $3.8B Valuation

Opendoor, the startup that operates an online platform for buying and selling homes, has raised $300 million, giving it a valuation of $3.8 billion. According to a report, it was previously...

March 18, 2019
US: FIS to buy Worldpay in record US$34B

Fidelity National Information Services has agreed to acquire Worldpay for approximately $34 billion in cash and stock, the biggest ever deal in the white-hot payment processing sector, Bloomberg reports. Florida-based...

March 18, 2019
Brazil: Mexico’s Slim buys Nextel Brasil for US$905M

Slim’s America Movil SAB agreed to buy Nextel Telecomunicacoes Ltda in a deal valued at $905 million less net debt, strengthening its mobile network and boosting its holdings of wireless...

March 18, 2019
Wirecard, Ingenico Buoyed By Worldpay Acquisition

Shares in Euro payments tech companies rose on Monday (March 18) after news of the Fidelity National Information Services (FIS) takeover of Worldpay, a London-based payment processing company, according to...

March 18, 2019
FIS Buys Worldpay In $35B Cash, Stock Deal

Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce and payments company, in a roughly $35 billion...

March 15, 2019
Mixed Performance For Bank Credit Card Delinquencies In February

Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a spate of recent disclosures show mixed results. As noted in filings with the Securities and Exchange...

March 15, 2019
Retail Pulse: AMC Theatres Premieres Mobile Ordering, Papa John’s Teams...

Cinema chains are driving customer convenience and building loyalty with the help of digital innovations to make for more seamless moviegoing experiences. News came this week, for instance, that AMC...