The European Commission approved Nvidia’s proposed acquisition of Run:ai Thursday (Dec. 19), saying that it did so unconditionally and that the transaction would raise no competition concerns in the European Economic Area (EEA). The case had been referred to the Commission in September by the...
PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. The deal was approved by the Administrative Council for Economic Defense (CADE) and the central bank in Transfeera’s home country of Brazil (BCB), the companies announced in a Thursday (Dec. 19)...
Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining that it no longer expects to complete its previously announced sale to Nexus Capital Management. The closeout retailer said in a...
Visa said it completed its acquisition of financial crime/payments fraud prevention provider Featurespace. “Visa will add Featurespace’s capabilities into its range of fraud prevention and risk-scoring offerings,” the payments giant said in a Thursday (Dec. 19) news release. “By combining the two companies’ highly complementary...
November 29, 2024
Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances are likely slim. However, with one of President-elect Donald Trump’s businesses, Trump Media & Technology (TMTG), reportedly eyeing getting into the crypto payments game, shopping with crypto is increasingly for […]
October 14, 2024
We at PYMNTS have long been covering the trend that, in shorthand, is “embedded everything,” where payments, especially, are being woven inextricably into software and into platforms. The embedded route...
October 11, 2024
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down on collaboration to fortify their...
September 30, 2024
The expanding ecosystem of card issuance demands a new approach to defending against fraud as criminals become more sophisticated and employ advanced technologies to steal card data or hide behind...
December 20, 2024
Mastercard has finalized its previously announced acquisition of threat intelligence company Recorded Future. The acquisition will add threat intelligence and artificial intelligence (AI)-powered, actionable analytics to Mastercard’s cybersecurity capabilities, Mastercard said in a Friday (Dec. 20) press release. It will also provide the company with opportunities to serve different customer sets and enhance the effectiveness of […]
December 20, 2024
The European Commission approved Nvidia’s proposed acquisition of Run:ai Thursday (Dec. 19), saying that it did so unconditionally and that the transaction would raise no competition concerns in the European...
December 19, 2024
PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. The deal was approved by the Administrative Council for Economic Defense (CADE) and the central bank...
December 19, 2024
Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining that it no longer expects...
