Payment processor Elavon purchased Sage Pay four months ago, completing the acquisition on March 11. Two days later, Elavon's entire workforce was operating remotely as the coronavirus forced it into lockdown.
CVC raises second growth fund that will invest in mid-market tech-enabled businesses. Al Gore's fund backs logistics software maker. More PE news from Apollo, Industrial and AEI. Read how retailers, such as McDonald's and Nike, are using IoT to enhance customer experiences in our weekly 7-part series on retail tech M&A.
Mastercard buys SessionM to help retailers increase customer loyalty. Houlihan Lokey grows investment banking in financial services with Freeman acquisition. Roku bets on rising advertising for on-demand content.
October 23, 2019
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Forever 21’s bankruptcy filing could be problematic for major U.S. mall owners, including Simon and Brookfield because it is one of the biggest mall tenants still standing after a wave of bankruptcies.
Investors are making bets on checkout-free retail, a category that is just as challenging as it is innovative. But it's payment technology's race to the moon, a chance to seize a favorable position in the struggle to save retail.