News

Regulators Look Closer at ‘Shadow Lending’ Following SVB Crisis
Banking
Regulators Look Closer at ‘Shadow Lending’ Following SVB Crisis
March 27, 2023

Could the next financial crisis spring from the world of “shadow lending?” 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...

Report: Big Banks’ Deposit Surge Following SVB Collapse Has Slowed
Banking
Report: Big Banks’ Deposit Surge Following SVB Collapse Has Slowed
March 27, 2023

A wave of deposits into big banks following the regional banking crisis has reportedly slowed. 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,...

ClearBank Says Inflows Jumped 20% During SVB Crisis
Banking
ClearBank Says Inflows Jumped 20% During SVB Crisis
March 27, 2023

Silicon Valley Bank’s loss is apparently U.K. embedded banking firm ClearBank’s gain. 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...

Cloud-Computing Providers See Generative AI as Business Driver
Artificial Intelligence
Cloud-Computing Providers See Generative AI as Business Driver
March 27, 2023

The three largest cloud-computing providers reportedly see generative artificial intelligence (AI) as a business driver. 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,...

Panera’s Chief Digital Officer: Biometric Payments Boost Consumer Loyalty
Payment Methods
Panera’s Chief Digital Officer: Biometric Payments Boost Consumer Loyalty
March 27, 2023

Panera is eCommerce-ifying its stores, leveraging digital to personalize the in-person experience. 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...

Are Celebrity Brands Out of Style for Retailers? 
Retail
Are Celebrity Brands Out of Style for Retailers? 
March 27, 2023

Last week, Adidas and Beyoncé’s Ivy Park ended their relationship. The news followed reports of a 50% drop in revenue that emerged in February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Recommerce Heats Up as Consumers Feel Inflation’s Pinch
Retail
Recommerce Heats Up as Consumers Feel Inflation’s Pinch
March 27, 2023

Ongoing inflation has led to a boom in sales for luxury resale platforms. 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 completing...

Pinterest Adds Shopping Features to Collage-Making App Shuffles
Retail
Pinterest Adds Shopping Features to Collage-Making App Shuffles
March 27, 2023

Pinterest is adding shopping capabilities to Shuffles, its standalone, collage-making app. 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 completing...

Retailers Try on AR to Get More Consumers to Buy
Retail
Retailers Try on AR to Get More Consumers to Buy
March 27, 2023

As brands and retailers look to convert more customers, they’re also looking to increase customer confidence during checkout to keep returns down, especially as shipping costs skyrocket. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...