News

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

Source: pymnts.com

Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round
Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round
January 19, 2021  |  Investments

Southern California-based electric truck maker Rivian closed a $2.65 billion investment round led by funds and accounts advised by T. Rowe Price, with participation from Fidelity...

READ MORE >
WEX Teams With MYOB For Supplier Payments In Australia
WEX Teams With MYOB For Supplier Payments In Australia
January 19, 2021  |  B2B Payments

In an effort to simplify B2B payments for Australia, FinTech service provider WEX is teaming with digital business management technology company MYOB. The tie-up provides...

READ MORE >
dLocal Collaborates With Dinie On SMB eCommerce Financing
dLocal Collaborates With Dinie On SMB eCommerce Financing
January 19, 2021  |  B2B Payments

To let international merchants provide the option of installment payments to their clients in Brazil, cross-border payment firm dLocal is collaborating with FinTech services company...

READ MORE >
ViacomCBS Streaming Service Paramount+ To Launch In March
ViacomCBS Streaming Service Paramount+ To Launch In March
January 19, 2021  |  Business

ViacomCBS is planning a March 4 rollout of Paramount+, its new streaming service rebranded from CBS All Access, the company said in a press release...

READ MORE >
Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends
Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends
January 19, 2021  |  Earnings

Echoing trends seen up and down Wall Street, fourth-quarter results from Goldman Sachs show huge gains in revenues tied to asset trading. But the results...

READ MORE >
European Parliament Says Big Tech CEOs Must Attend Virtual Hearing
European Parliament Says Big Tech CEOs Must Attend Virtual Hearing
January 19, 2021  |  Regulation

If the chief executives of Big Tech companies in the U.S. don’t show at next month’s virtual hearing, some European Parliament members (MEPs) said sanctions...

READ MORE >
Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU Officials Crack Down
Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU...
January 19, 2021  |  News

In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. And Plaid plans...

READ MORE >
MGM Backs Off Acquisition Of British Gaming Platform Entain
MGM Backs Off Acquisition Of British Gaming Platform Entain
January 19, 2021  |  Acquiring

MGM Resorts International said it’s pulling the plug on its bid to acquire the gaming platform Entain, which is its BetMGM partner. After Entain rejected...

READ MORE >
Bank Of America’s Mobile Banking Customers Top 30 Million
Bank Of America’s Mobile Banking Customers Top 30 Million
January 19, 2021  |  Earnings

Bank of America announced on Tuesday (Jan. 19) that its revenue net of interest expense for Q4 2020 fell 10 percent compared to the year-ago...

READ MORE >