News

Banking
Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank
March 15, 2023

A stake in Crown Agents Bank may be up for sale. 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 this form,...

Banking
Treasury Prime Launches Multibank Network to Diversify FinTech Banking Risk
March 15, 2023

If the past week has taught us anything, it’s not to put all your eggs in one banking basket. 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...

Artificial Intelligence
Stripe and OpenAI Collaborate on Implementing and Monetizing AI
March 15, 2023

Stripe and ChatGPT creator OpenAI have announced they are collaborating on some projects. 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....

Retail
US Merchants Fall Behind Other Nations in Digital Feature Awareness
March 15, 2023

U.S. merchants are at a crossroads, as shoppers seek the digital features and experiences they’ve grown to expect, but often can’t find even when available, creating a satisfaction gap that merchants need to address quickly if they want to retain those customers. Get the Full...

Retail
Shopify Integrating Deliverr to Build ‘Elastic Warehouse Capacity’
March 15, 2023

Shopify is building an “elastic warehouse capacity” that’s more flexible than that of Amazon. 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....

Retail
H&M Reports Small Uptick in Sales Amid Fast Fashion Fight
March 15, 2023

Fast fashion brand H&M saw a slight increase in sales as it faces increased competition in the crowded sector. 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...

Retail
J.Jill Customer Strategy Welcomes Everybody and Delivers Profits
March 15, 2023

Largely crediting its “Welcome Everybody” initiative, U.S. women’s fashion retailer J.Jill on Tuesday (March 14) announced its net sales in the fourth quarter gained 1.7% to reach $147.7 million, with comparable sales up by 5.3%, according to a company press release. Get the Full Story...

Retail
Zara Parent Invests in Tech as Sales Climb
March 15, 2023

Fast fashion giant Inditex is investing in technology after reporting strong 2022 sales. 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....

Banking
Creditors Want SVB Parent to File for Bankruptcy
March 15, 2023

A group of creditors for Silicon Valley Bank’s parent are reportedly pushing the company to file for bankruptcy. 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...