News

Banking
UK Arm of Silicon Valley Bank Now HSBC Innovation Banking
May 30, 2023

HSBC is reportedly set to rename the U.K. arm of Silicon Valley Bank (SVB). 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....

B2B Payments
Business Payments Company FLEETCOR Considering Selling Prepaid Card Business
May 30, 2023

FLEETCOR Technologies is reportedly considering selling its prepaid card business. 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...

Investments
Talis Capital Announces First Closing of $175 Million Fund
May 30, 2023

Talis Capital has announced the first closing of its $175 million fund. 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...

B2B Payments
Balance Adds Enhanced Dunning Management Solution to B2B Payments Platform
May 30, 2023

Balance has added an enhanced dunning management solution to its B2B payments platform. 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....

Artificial Intelligence
Subscription Supercomputers Are Bringing Business-Use AI to the Masses
May 30, 2023

Generative artificial intelligence (AI) has most companies looking to buy and integrate, not build, 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,...

Retail
Amazon Wins in Dry Groceries as Walmart Breaks a Sweat
May 30, 2023

Walmart may be well ahead of Amazon in terms of share of the total grocery market, but when it comes to the center aisles, the latter is pulling ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Banks Expand Teams That Cater to World’s Wealthiest People
May 30, 2023

Banks are reportedly expanding their efforts to cater to the world’s wealthiest people. 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....

Retail
Jennifer Aniston, Lady Gaga Make Forays Into Retail as Fame Alone Can’t Guarantee Sales
May 30, 2023

The proliferation of celebrity-backed brands in recent years has led to a saturation of the market, resulting in a diminishing impact on audience engagement. Celebrities, acknowledging this shift, are now exploring the realm of in-store experiences as a strategic approach to revitalizing their brands. By...

Retail
Bloomingdale’s, thredUP Look to AI-Powered Product Attribution to Drive Sales
May 30, 2023

Artificial intelligence (AI) is a hot tool these days. Not only is it helping brands and retailers streamline business operations to become more efficient but it’s also playing a crucial role in enabling brands and retailers to distinguish themselves and captivate consumers. Get the Full...