News

Banking
Lead Bank Raises $70 Million to Grow BaaS Platform
September 04, 2025

Lead Bank raised $70 million in a Series B funding round that brought its post-money valuation to $1.47 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...

B2B Payments
Postage Hikes, Delivery Frictions Turn Paper Checks Into B2B Burden
September 04, 2025

In the hierarchy of business expenses, the cost of a postage stamp rarely registers. Particularly when compared to capital equipment, raw materials or enterprise software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Dispatch Raises $18 Million to Bring AI Agents to Wealth Management
September 04, 2025

WealthTech company Dispatch says it has raised $18 million in a Series A round. 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...

Artificial Intelligence
NY Fed Sees Little Job Fallout From AI
September 04, 2025

Artificial intelligence (AI) is reshaping hiring decisions in the U.S. labor market, but fears of widespread job loss remain unfounded, according to new regional surveys from the Federal Reserve Bank of New York. Get the Full Story Complete the form to unlock this article and...

Retail
Amazon Now Captures Nearly 10% Share of Overall Retail Spend
September 04, 2025

The story of American retail over the past quarter-century has largely been a two-horse race. 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,...

Banking
Citi Picks BlackRock to Develop Custom Asset Management Offering
September 04, 2025

Citi Wealth has chosen BlackRock to develop a new portfolio offering for its clients. 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...

Banking
BofA and Merrill Debut Private Market Program for Wealthiest Clients
September 04, 2025

Merrill and Bank of America have introduced a private market program designed for ultra-wealthy customers. 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...

Artificial Intelligence
Retailers Lean on AI to Optimize Inventory
September 04, 2025

Retailers are navigating a consumer landscape where every misstep in stocking the right product can mean lost sales or excess costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Mayo Clinic Uses AI to Detect Pancreatic Cancer Earlier
September 04, 2025

When Dr. Mark Truty was in college, his father was diagnosed with pancreatic cancer. Doctors told the family the tumor appeared localized and attempted surgery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...