News

Banking
JPMorgan Holds Firm on Plans to ‘Tokenize’ Traditional Finance
April 27, 2023

JPMorgan Chase is committed to tokenize traditional finance despite upheaval in the cryptocurrency sector. 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...

B2B Payments
Basware Adds AI to Automatically Handle Exception Invoices
April 27, 2023

Basware is now using artificial intelligence (AI) to address, correct and automate exception invoices. 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....

Banking
UK Weighs More Protections for Uninsured Bank Depositors
April 27, 2023

British officials could reportedly allow uninsured depositors instant access to funds during banking failures. 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...

Security & Fraud
UK Takes Aim at Problem Gambling With Proposed Regulation Updates
April 27, 2023

The last time the U.K. issued gambling regulations, the iPhone hadn’t been invented. 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....

Retail
Gap Cuts 1,800 Jobs After $1 Billion Decline in Sales
April 27, 2023

Struggling apparel retailer Gap is cutting 1,800 jobs as it looks to reduce expenses. 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...

Retail
Hasbro Sees Revenues Drop 14%, Works to Clear Inventory
April 27, 2023

Hasbro is finding that demand for toys is down, while digital gaming remains strong. 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...

Retail
Who Waits 7 Weeks for a Personalized Hairbrush? Apparently BaubleBar Customers
April 27, 2023

BaubleBar has made an entire business around customization, initially with jewelry and later expanding to phone cases. 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...

Banking
First Republic in Danger of FDIC Downgrade: Report
April 27, 2023

Federal regulators are reportedly considering lowering their private assessments of the struggling First Republic Bank. 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,...

Payments Innovation
Houzz Adds Tap to Pay to Home Remodeling Platform
April 26, 2023

Houzz now enables residential contractors and design professionals to quickly collect electronic payments in person. 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,...