News

Banking
Report: SVB Collapse Triggered Record $285 Million Penalty
March 12, 2024

Silicon Valley Bank’s (SVB) collapse was one of the largest banking failures in American history. 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...

B2B Payments
Payments Find a Home in ERP Systems as Back-End Processes Modernize
March 12, 2024

For enterprises large and small, the back office remains a key component ripe for modernization. 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,...

Faster Payments
The Clearing House Reports 8% Growth in Real-Time Payments in 2023
March 12, 2024

Transaction volume on the Electronic Payments Network (EPN), The Clearing House’s private sector ACH network, increased 8% in 2023. 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...

Retail
Kohl’s Takes Baby Steps Toward Growth With New Babies ‘R’ Us Partnership
March 12, 2024

As Kohl’s finds partnerships to be a bright spot in an otherwise challenging retail environment, the department store chain is teaming up with Babies “R” Us to further expand its store-in-store offerings. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
‘Barbie’ Came up Short at the Oscars, but the Brand Can Outperform in 2024
March 12, 2024

Even though Hollywood’s incarnation of Barbie took home just one Academy Award this week, the famous figurine is well positioned for another year of solid sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Mastercard Introduces White-Label Subscription Management Solution for Financial Institutions
March 12, 2024

Mastercard is piloting a subscription management solution that financial institutions can add to their consumer banking offerings. 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...

Investments
Nanonets Raises $29 Million to Automate ‘Mundane Office Work’
March 12, 2024

AI-based workflow automation platform Nanonets has raised $29 million in new funding. 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...

IPO
Telegram Ponders IPO as It Approaches Profitability
March 12, 2024

The owner of messaging app Telegram is reportedly considering taking the company public. 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
JPMorgan Makes AI ‘Part of the Management Conversation’
March 12, 2024

Artificial intelligence continues to grow in importance for JPMorgan Chase. 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,...