News

Banking
JPMorganChase Accelerates Rollout of Branch Format Catering to Affluent Clients
May 27, 2025

JPMorganChase is accelerating the rollout of the affluent banking offering it introduced late last year. 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,...

Banking
Citi to Sell Polish Consumer Banking Business Amid ‘Strategic Refresh’
May 27, 2025

Citi Handlowy, a Polish banking business that is majority-owned by a Citigroup subsidiary, plans to sell its consumer banking business to VeloBank S.A., a Poland-based universal bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Drumbeat Gets Louder for Nonbank Regulations
May 27, 2025

Nonbanks have risen in stature and as key players in the global financial system, especially in the wake of the Great Recession earlier in the millennium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Mastercard Helps Bahrain’s ila Bank Launch Loyalty Program
May 27, 2025

Mastercard has teamed with Bahrain-based ila Bank to help it introduce loyalty programs. 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...

Retail
Ulta Beauty’s AI Strategy Drives a 95% Customer Repurchase Rate
May 27, 2025

Ulta Beauty has built a fan following by making cosmetics accessible to the everyday shopper: It stocks not only premium brands but also mass-market cosmetics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
Timeline: Administration Efforts to Dismantle the CFPB
May 27, 2025

The Consumer Financial Protection Bureau (CFPB) has faced an unprecedented period of upheaval since the transition from the Biden to the Trump administration in January 2025, culminating with Friday’s move to rescind Rule 1033. Below is a detailed timeline highlighting the key events, regulatory rollbacks,...

Artificial Intelligence
AI Startups: Logistics Startup Pallet Raises $27 Million to Scale Automation
May 27, 2025

Artificial intelligence logistics software startup Pallet raised $27 million in a Series B funding round led by General Catalyst, according to a Tuesday (May 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Circle’s IPO Goals Aimed at Becoming Digital Money’s Infrastructure Layer
May 27, 2025

Each week, the evolution of the ongoing cryptocurrency-FinTech convergence seems to get another headline to hang its hat on. 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...

Regulation
Texas Set to Impose App Store Age Verification Rules
May 27, 2025

Texas is reportedly closer to instituting age verification standards for Apple and Google’s app stores. 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....