Payments and digital banking company Klarna says its Klarna Card now has 5 million customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
House Republicans want to draw new boundaries between the Federal Reserve and the U.S. Treasury. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Cost-effective, streamlined and data-rich cross-border payments have long been the holy grail of global commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Obin AI has raised $7 million to develop agentic AI tools for financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
HSBC is reportedly considering widespread job cuts as the banking giant relies more on AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Financial stress is pushing more consumers toward digital wallets, and the shift may say less about tech adoption than about how shoppers are trying to stay organized when every dollar matters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption requests were so high, the Wall Street Journal reported Wednesday (March 18), citing an investor update. Get...
Macy’s returned to positive comparable sales in fiscal 2025, marking what the company called an inflection point after years of contraction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Bank of America is offering clients a basket of 17 European financial stocks that allows them to bet against companies the bank said are among the “most exposed to private credit shocks,” the Financial Times reported Wednesday (March 18). Get the Full Story Complete the...