News

Payments Innovation
Thredd’s McCarthy Gets Down to the Business of FinTech
May 29, 2024

Defining “payments modernization” is no easy task. 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, you agree...

Banking
Five Things to Watch as Synapse Bankruptcy Impact Shakes Up FinTechs
May 28, 2024

At this writing, on Tuesday (May 28), the ripple effects of Synapse’s bankruptcy keep rippling. But with each filing, with the reports that customers can’t retrieve their money, that sponsor banks and other FinTechs have walked away from relationships with the funds … and even...

Investments
Transcend Raises $40 Million to Grow Data Privacy Platform
May 28, 2024

Transcend raised $40 million in a Series B funding round to continue growing its suite of privacy and artificial intelligence governance solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Small Retailers Relying on In-Store Sales Are More at Risk
May 28, 2024

Small retailers that make most of their sales via brick-and-mortar are the most at risk of closing, compared to those that leverage an omnichannel strategy or that rely primarily on eCommerce channels, PYMNTS Intelligence reveals. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Mistral AI Targets US Market With Open-Source Models
May 28, 2024

France’s Mistral AI, a European developer of generative artificial intelligence tools, has reportedly set its sights on the U.S. market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Shoppers’ Demand for Affordability Shapes Target’s Summer Strategy
May 28, 2024

As consumers’ shopping behavior continues to be highly motivated by prices, Target is tailoring its summer assortment to these deal seekers’ interests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

eCommerce
Volatility and Uncertain Access to Capital Roil Direct to Consumer Brands
May 28, 2024

For direct to consumer companies, volatility may be the key certainty in an uncertain environment. 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,...

IPO
Healthcare Payments Software Provider Waystar Eyes $1B IPO
May 28, 2024

Healthcare payments software provider Waystar launched its initial public offering (IPO). 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...

Investments
Swiipr Raises $7.6 Million to Digitize Payouts for Flight Disruptions
May 28, 2024

British travel PayTech firm Swiipr raised $7.6 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...