Big banks are still doing big business: A Wall Street Journal analysis of regulatory data found that the three largest U.S. banks by assets have added more than $2.4 trillion in domestic deposits over the past 10 years. Get the Full Story Complete the form...
Zuora is gearing up for a U.S. initial public offering (IPO), according to documents with filed with the U.S. Securities and Exchange Commission. The subscription platform is seeking to raise $100 million through the sale of Class A shares, Seeking Alpha reported. Get the Full...
Citigroup is placing restrictions on its business customers, requiring them to sell guns to only those that pass a background check and are 21 or older. The bank is also requiring its retail business clients to stop selling bump stocks or high capacity magazines. Get...
Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Sam’s Club announced Thursday (March 22) that customers in Florida, Michigan and Texas can get exclusive deals and discounts via its new collaboration with Ticket Monster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Seven out of every 10 Americans use banking apps at least once per week, but nearly as many say they are frustrated by banks’ digital offerings. Katherine McGee, head of digital product management at Wells Fargo, tells PYMNTS how using AI and machine learning is...
In an unusual bid to save some Toys R Us stores from closing, toy maker executive Isaac Larian — along with other investors — has started a crowdfunding campaign. The effort aims to save more than half of the retailer’s 735 stores that could close...
In an effort to better compete in China, H&M has rolled out its core brand on Alibaba’s Tmall. The move marks the first time H&M has sold its main brand through a third-party retailer, trade publication Business of Fashion reported. Get the Full Story Complete...
HelloFresh has made a play for scale with a new acquisition — organic and vegan food delivery company Green Chef. As of yet, it’s not known how much the meal kit company paid for the Boulder-based startup. Get the Full Story Complete the form to unlock...
