B2B Payments
JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits
February 03, 2025

JCPenney has debuted a tool to help businesses and nonprofits purchase products at bulk order prices. 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,...

Acquisitions
Cleo Acquires DataTrans Solutions to Add Procurement Automation Capabilities
February 03, 2025

Cleo has acquired DataTrans Solutions (DTS), saying it aims to build “next-gen procurement automation.” 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....

Real-Time Payments
RTP Network Hits 1 Billion Payments 18 Months After 500 Million Mark
February 03, 2025

It took the RTP® network more than five years to surpass 500 million instant payments. 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,...

Digital Banking
Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
February 03, 2025

Santander’s American digital banking platform has surpassed $2 billion in deposits four months after launch. 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...

Investments
Trump: New American Sovereign Wealth Fund Could Invest in TikTok
February 03, 2025

President Donald Trump signed an executive order Monday (Feb. 3) that creates an American sovereign wealth fund and said the fund could invest in TikTok. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Treasury Payments Systems at Risk? The DOGE Dilemma and What It Means for Banks
February 03, 2025

The events of the Feb. 1 weekend are tough to get your head around. Elon Musk and his team at DOGE were given access to the U.S. Treasury payments system,  perhaps the world’s most sensitive and potentially impactful. That’s about $5 trillion worth of flows...

Business
GoCardless Reduces Losses After 20% Job Cuts
February 03, 2025

Bank payments firm GoCardless says it lowered losses following a 20% reduction in staff. 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...

Connected Economy
Trump’s Trade War Shocks Markets And Back Offices
February 03, 2025

The everyday goods of life increasingly come from everywhere. Tomatoes are shipped in from Canada, avocados and beer from Mexico, and cheap electronics and apparel from China. And that’s just across grocery and retail. Get the Full Story Complete the form to unlock this article...

ANTITRUST
Google to Seek Reversal of Judge’s App Store Order
February 03, 2025

Google and Epic Games will reportedly be in court Monday (Feb. 3) as Google seeks a reversal of a judge’s order that it allow rival app stores with its Play store. Get the Full Story Complete the form to unlock this article and enjoy unlimited...