Artificial intelligence (AI) is at the core of ThredUp’s strategy, driving growth and improving customer engagement. New customer volume rose 32% year over year, according to CEO and Co-Founder James Reinhart, and AI has played a pivotal role. Get the Full Story Complete the form...
The Securities and Exchange Commission (SEC) is reportedly participating in the Trump administration’s effort to reduce the size of the federal government by offering eligible Commission employees a $50,000 incentive to resign or retire. Get the Full Story Complete the form to unlock this article and enjoy...
BMO Financial Group, one of the largest banks in North America with $1.4 trillion in total assets, is getting ready to reap the benefits of quantum computing by the end of the year. Get the Full Story Complete the form to unlock this article and...
Anthropic raised $3.5 billion in a Series E funding round to expand its artificial intelligence 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 daily...
If you’re tracking the mania in Washington, D.C., from a financial services perspective these days, you might notice that it’s starting to resemble a weather forecast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Capital One and Wells Fargo are among 10 financial institutions rated “outstanding” in the Office of the Comptroller of the Currency’s (OCC) latest list of Community Reinvestment Act (CRA) performance evaluations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The payments and financial services landscapes remain in flux, and that continues to create opportunities for bad actors. 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...
The Treasury Department said Sunday (March 2) that it will not enforce the Corporate Transparency Act’s penalties and fines associated with the beneficial ownership information reporting rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In 2024, the grocery industry saw a dramatic shift as private-label brands — store brands not affiliated with national manufacturers — experienced explosive growth, surpassing national brands in both sales and consumer preference. Get the Full Story Complete the form to unlock this article and...
