News

Investments
Thoma Bravo Launches $1.8 Billion Fund for EU Software Firms
February 25, 2025

Thoma Bravo has closed a fund of 1.8 billion euros ($1.89 billion) dedicated to European software deals. 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...

Delivery
DoorDash Pays ‘Dashers’ $16.7 Million Following NY Tip Investigation
February 25, 2025

DoorDash will pay a $16.7 million settlement following an investigation into its tipping practices.  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...

Payments Innovation
CEO Interview: ‘Regulatory Relaxation’ and Simplicity Key to FinTech Growth
February 25, 2025

The new administration is barely a month old, so it’s too soon to tell exactly what financial services regulation will look like. But with the pause on rulemaking and the overall pause on the Consumer Financial Protection Bureau in place, it seems like we’re headed...

CFPB
Will McKernan Bring a ‘Regulatory Light’ Touch to the CFPB?
February 24, 2025

This Thursday (Feb. 27), the Senate Committee on Banking, Housing and Urban Affairs is scheduled to hold a hearing on nominees to head a variety of departments — including Jonathan McKernan, who has been tapped as director of the Consumer Financial Protection Bureau (CFPB). Get...

Retail
Joann to Shutter All Outlets
February 24, 2025

Bankrupt craft retailer Joann will be closing all its stores, backtracking on a previous plan to keep some locations open. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Simon-Shopify Partnership Adds Color to Physical Retail
February 24, 2025

As eCommerce brands continue to thrive in a digital-first world, many are facing the challenge of bridging the gap between online success and physical retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Anthropic Debuts Different Levels of Reasoning for Claude, Announces $3.5 Billion Fundraise
February 24, 2025

Artificial intelligence company Anthropic unveiled new features of its AI chatbot, Claude, and announced the finalization of a $3.5 billion fundraise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loyalty & Rewards
Will Delta’s $30,000 Compensation Build Long-Term Loyalty or Simply Ease Immediate Crisis?
February 24, 2025

When Delta Air Lines Flight 4819 crashed and landed upside down at Toronto Pearson International Airport on Feb. 17, it was a traumatic event that left passengers in shock. The airline’s response to the crisis — offering $30,000 to each of the 76 passengers involved...

Investments
Monument Bank Weighs $253 Million Fundraise Before IPO
February 24, 2025

Before it goes public, the United Kingdom’s Monument Bank is reportedly in talks to raise money. 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...