News

Banking
Small Banks and Credit Unions May Need Innovation to Stem Deposit Exodus
April 07, 2023

Small and regional banks are experiencing major fallout from the SVB meltdown as well as chasing higher rates on savings, as detailed last month by The Wall Street Journal. While the 25 largest U.S. banks captured $120 billion in deposits in the days following the...

Retail
Walmart Hopes Amazon-Like Website Will Boost Subscribers and Revenue
April 07, 2023

It is an understatement to say that Amazon and Walmart have a strong presence in the U.S. retail shopping space; the two giants dominate the industry and define the market, albeit in distinct spheres. Amazon remains the undisputable king of eCommerce, capturing 53% of retail...

Retail
Why Collaboration Works for Crocs and Not Adidas
April 07, 2023

Why are Crocs cool? 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...

Payments Innovation
Businesses Fast-Track B2B Payments Digitization to Boost Growth
April 07, 2023

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Regulation
Robinhood Reaches $10.2 Million Settlement on March 2020 Platform Outage
April 06, 2023

Robinhood has reached a settlement with state securities regulators regarding operational and technical failures. 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...

Security & Fraud
Treasury Department Says DeFi Services Must Improve AML/CFT Controls
April 06, 2023

Vulnerabilities in decentralized finance (DeFi) are enabling criminals to transfer and launder illicit proceeds. 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...

Point of Sale
Tillerman Launches Tool That Streamlines Gaining Insights From POS Data
April 06, 2023

Tillerman has launched a tool that makes it easier to use point-of-sale (POS) data. 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...

IPO
FinTech IPO Index Gains 0.3% as nCino and dLocal Post Earnings
April 06, 2023

Earnings season’s just about over. 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...

Loyalty & Rewards
Restaurants Refine Rewards Models to Deliver Loyalty 
April 06, 2023

This week in restaurants, major brands step up loyalty rewards, and drone delivery takes off. 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,...