News

Banking
Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
January 18, 2024

The head of Deutsche Bank says merging with Commerzbank is not a priority. 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,...

IPO
Report: Reddit IPO Could Launch in March
January 18, 2024

Reddit is reportedly ready to go public via an 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...

Investments
DailyPay Raises $175 Million to Expand On-Demand Pay Platform
January 18, 2024

On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
January 18, 2024

British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. 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
Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
January 18, 2024

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Prismatic Notches $22 Million to Ease B2B Software Integration
January 18, 2024

Prismatic, an embedded integration platform, has secured $22 million in Series B funding to drive innovation and simplify integrations for B2B Software-as-a-Service (SaaS) companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Mid-Sized Companies Embrace Instant Methods for Non-Recurring Payments
January 18, 2024

Ad hoc payments are considered outside of recurring invoicing and check requests and can be processed in any payment method, directly to a bank account, in cash or via any form of instant payment system. Being the most common payment an average firm receives, by...

Security & Fraud
More Than 80% of Firms Struggle to Discover What Causes Failed Payments
January 18, 2024

Firms know that failed payments damage their reputation, lead to customer churn and increase staff workload. 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...

Retail
Kim Kardashian Hints at Reboot of Fragrance and Makeup Brands
January 18, 2024

Television personality Kim Kardashian has made several ventures into the beauty and makeup 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. yesSubscribe to our daily newsletter, PYMNTS...