News

Retail
Joann to Shutter All Outlets
February 24, 2025

Bankrupt craft retailer Joann will be closing all its stores, backtracking on a previous plan to keep some locations open. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Simon-Shopify Partnership Adds Color to Physical Retail
February 24, 2025

As eCommerce brands continue to thrive in a digital-first world, many are facing the challenge of bridging the gap between online success and physical retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Anthropic Debuts Different Levels of Reasoning for Claude, Announces $3.5 Billion Fundraise
February 24, 2025

Artificial intelligence company Anthropic unveiled new features of its AI chatbot, Claude, and announced the finalization of a $3.5 billion fundraise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loyalty & Rewards
Will Delta’s $30,000 Compensation Build Long-Term Loyalty or Simply Ease Immediate Crisis?
February 24, 2025

When Delta Air Lines Flight 4819 crashed and landed upside down at Toronto Pearson International Airport on Feb. 17, it was a traumatic event that left passengers in shock. The airline’s response to the crisis — offering $30,000 to each of the 76 passengers involved...

Investments
Monument Bank Weighs $253 Million Fundraise Before IPO
February 24, 2025

Before it goes public, the United Kingdom’s Monument Bank is reportedly in talks to raise money. 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...

Regulation
Regulations at the Crossroads: Quieter Week in Washington Gives Way to High-Stakes Decisions
February 24, 2025

It wasn’t quite a manic Monday this week. But don’t bet on that relative calm to continue. While the past week in Washington lacked the frenetic pace of recent months, the coming days could set the tone for financial regulation well into 2025. Three pivotal...

Banking
JPMorgan Spending Additional $50 Billion on Private Credit Effort
February 24, 2025

JPMorgan Chase is reportedly earmarking another $50 billion for its direct lending efforts. 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...

Cross-border Payments
Ace Money Transfer Partners With Mastercard on X-Border Payments
February 24, 2025

Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. 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...

Regulation
Robinhood: SEC Calls Off Probe Into Crypto Business
February 24, 2025

Robinhood said a regulatory probe of its cryptocurrency unit ended without incident. 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...