News

eCommerce
Etsy CEO Advocates for Small Sellers Amid Trade Policy Concerns
April 28, 2025

Etsy CEO Josh Silverman is advocating against policy changes that he says will hurt the 8 million Etsy sellers on his platform, appealing to an administration that has pledged to protect the American worker. Get the Full Story Complete the form to unlock this article...

Retail
Temu and Shein Raise Prices in Response to US Tariffs
April 28, 2025

Discount eTailers Temu and Shein reportedly raised prices in response to new U.S. tariffs. 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...

Investments
Anthropic-Backed Goodfire Raises $50 Million to Access AI’s ‘Internal Thoughts’
April 28, 2025

Goodfire raised $50 million in a Series A funding round to support its efforts to help enterprises understand and design artificial intelligence (AI) models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
April 28, 2025

Saks Global Enterprises reportedly told creditors that it has improved its relationships with vendors and built up its inventory since implementing a plan in February to pay past-due balances over the course of a year. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Anthropic Forms Council to Explore AI’s Economic Implications
April 28, 2025

Anthropic has created a council to examine the economic implications of artificial intelligence (AI) development. 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,...

Artificial Intelligence
Report: Nscale Aims to Raise $2.7 Billion to Build AI Infrastructure
April 28, 2025

London-based artificial intelligence infrastructure startup Nscale reportedly aims to raise $2.7 billion to build data centers around the globe that use Nvidia chips and rent the centers to companies that are training and operating AI models. Get the Full Story Complete the form to unlock this...

Loyalty & Rewards
Sam’s Club Picks Mastercard to Power Bonus Offers Program
April 28, 2025

Mastercard teamed with Sam’s Club to power the retailer’s Cash Bonus Offers program. 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....

Regulation
Wells Fargo Says CFPB Ended Compliance-Risk Consent Order
April 28, 2025

Wells Fargo said the Consumer Financial Protection Bureau terminated a consent order related to the company’s compliance risk management program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Thunes Raises $150 Million to Expand Cross-Border Payments Platform
April 28, 2025

Thunes has raised $150 million in a Series D funding round to strengthen its cross-border payments platform and accelerate its expansion in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...