News

eCommerce
Report: Poshmark Rethinking Change to Fee Structure After 2 Weeks
October 20, 2024

About two weeks after lowering fees for sellers but raising them for buyers, online marketplace Poshmark is reportedly rethinking that change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Evolve to Return Funds to Synapse Brokerage End Users
October 20, 2024

Evolve Bank & Trust said Saturday (Oct. 19) that it is preparing to return funds held at Evolve to Synapse Brokerage end users impacted by the Synapse bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Banks Cut Interest Rates Paid on Corporate Deposits
October 20, 2024

Banks are reportedly cutting the interest rates they pay on corporate deposits faster than those they pay on consumer deposits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
PYMNTS’ Data-Driven Journey Through Payments Innovation
October 19, 2024

Oct. 20, 2009. 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, you agree to receive marketing communications...

Investments
SandboxAQ Reportedly Seeks $5 Billion Valuation for AI Startup
October 18, 2024

Artificial intelligence startup SandboxAQ is reportedly plotting a fundraise that would value the company at $5 billion. 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...

eCommerce
Buybuy Baby Shutters Stores by Year’s End to Go Digital-Only
October 18, 2024

Buybuy Baby’s brick-and-mortar comeback seems to be short-lived. 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, you...

Regulation
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and Big Tech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
October 18, 2024

It’s been a busy October at PYMNTS. The monthlong event, B2B Payments: Outlook 2030, has been putting an exclamation point on the fact that B2B payments are transforming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Regions ‘Monitoring’ Debit Interchange Rule as Card Income Dips
October 18, 2024

Regions Bank’s profit dipped during the third quarter as deposit costs rose and loan demand fell. 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...