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Facebook Agrees To Acquire $1B Startup Kustomer To Improve Services For Businesses
Monday, November 30, 2020 - 9:23pm | 393Facebook Inc (NASDAQ: FB) said Monday it has agreed to purchase Kustomer, an omnichannel customer relationship management company that develops solutions such as interactive chatbots. What Happened: The Mark Zuckerberg-led social media giant said in a statement that its goal in acquiring the New...
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JPMorgan Takes Aim At Top Fintech Players' SMB Market Share
Wednesday, October 21, 2020 - 3:02am | 543The largest U.S. bank JPMorgan Chase & Co. (NYSE: JPM) is entering the fintech ring dominated by players like Square Inc (NYSE: SQ), PayPal Holdings Inc (NASDAQ: PYPL), and Fiserv Inc (NASDAQ: FISV), with a service for small business owners,...
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Amazon Confirms Prime Day Coming Oct. 13, To Focus On 'Small Businesses'
Monday, September 28, 2020 - 2:40am | 369Amazon.com, Inc (NASDAQ: AMZN) announced Monday that its pandemic-delayed summer sale event, Prime Day, would be held on Oct. 13-14. What Happened: The two-day sale will begin at midnight PT on Oct. 13 and run through the following day for prime members in countries such as the United States,...
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What Plaid's $5.3 Billion Acquisition Means For The Future Of Fintech And Open Banking
Friday, February 21, 2020 - 9:07am | 1181Announced last month, the Visa Inc. (NYSE: V) buyout of API fintech Plaid is historic. Not only for the fact that the $5.3 Billion deal is double the company’s most recent valuation of $2.65 billion, but also because the buyout signals one of the largest corporate commitments to fintech and...
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TangoTrade, Tempus Launch Payment Assurance Solution
Tuesday, July 9, 2019 - 4:53am | 404The fintech industry continues to make great strides that improve overall business endeavors and strategies. Now, financial technology will impact the way importing and exporting is executed on a global scale. What Happened Financial software provider TangoTrade announced Tuesday the launch of its...
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C&I Loans Surged Late 2018, But That's Set To Change In 2019
Thursday, April 18, 2019 - 10:45am | 8432018 was a year of massive growth among financial institutions. While national banks like Goldman Sachs Group Inc. (NYSE: GS) and Wells Fargo & Co. (NYSE: WFC) saw their shares reach new all-time highs, the growth was even more pronounced among regional banks. Shares of ACNB Corporation (NASDAQ...