Mobile
Revolut Files for US Bank Charter, Names Duransoy as US CEO
March 05, 2026

Revolut, the London-based global FinTech with 70 million customers, took its most decisive step yet into the American market Thursday (March 5), filing for a national bank charter with the U.S. Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation...

Personnel
Visa Taps Veteran Leonardo Collado to Lead Pismo’s Global Growth
March 05, 2026

Visa has appointed one of its executives, Leonardo J. Collado, to lead Pismo, the provider of processing solutions for bank, FinTechs and financial institutions around the world that Visa acquired in 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Silverflow Nets $40 Million to Simplify Global Payment Processing
March 05, 2026

Silverflow, a Dutch payment processing firm, announced on Thursday (March 5) that it had secured $40 million in Series B funding in an investment round led by Picus Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
24 States Sue to Block New Tariffs
March 05, 2026

Twenty-four states filed a lawsuit Thursday (March 5) to stop the tariffs that President Donald Trump imposed shortly after the Supreme Court blocked his earlier tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Personnel
Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs
March 05, 2026

Morgan Stanley announced Thursday (March 5) that it would reduce its global workforce by about 2,500 employees, or roughly 3% of its total staff, according to reporting from The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Target Challenges Retail Rivals With 300-Store Growth Plan
March 05, 2026

Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March 3) by CEO Michael Fiddelke. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Splitit and Google Prepare Installment Payments for AI Shopping Agents
March 05, 2026

Splitit aims to make flexible payment options part of agentic commerce through its support of Google’s Universal Commerce Protocol (UCP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

SMBs
The Payment Frictions Costing SMBs Their Cash Flow
March 05, 2026

People tend to gravitate toward what’s easy and familiar. Businesses typically do the same. 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...

Cybersecurity
Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
March 05, 2026

Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. 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...