News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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PNC Reports 2% Commercial Loan Dip Amid Manufacturer ‘Hesitancy’
PNC Reports 2% Commercial Loan Dip Amid Manufacturer ‘Hesitancy’
April 16, 2024  |  Earnings

PNC Financial Services Group saw average commercial loans dip in the first quarter as businesses remained cautious about the macroeconomic environment. Overall, average loans decreased...

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Transaction Network Services Debuts Payment Platform
Transaction Network Services Debuts Payment Platform
April 16, 2024  |  Payment Methods

Payments infrastructure provider Transaction Network Services (TNS) has launched payment and network solution Complete Commerce.  As the company noted in a Tuesday (April 16) news release,...

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IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched
IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched
April 16, 2024  |  Personal Finance

Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit scores. CreditBuilderIQ, announced Tuesday (April 16), joins the company’s suite of...

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Ibotta Increases IPO Goal to $551 Million
Ibotta Increases IPO Goal to $551 Million
April 16, 2024  |  IPO

Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering...

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Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its...

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Johnson & Johnson Amplifies MedTech Profile in Q1 Earnings
Johnson & Johnson Amplifies MedTech Profile in Q1 Earnings
April 16, 2024  |  Earnings

Johnson & Johnson (J&J) has emphasized the pivotal role of medical technology (MedTech) in advancing healthcare. During a Tuesday (April 16) call with analysts to discuss...

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Saxo Bank Weighs Sale After SPAC Collapses
Saxo Bank Weighs Sale After SPAC Collapses
April 16, 2024  |  Banking

Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public. The Danish bank, which offers digital investment and trading services, recently...

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Commerce Bancshares Echoes Q1 Earnings Theme of Resilience
Commerce Bancshares Echoes Q1 Earnings Theme of Resilience
April 16, 2024  |  Earnings

Commerce Bancshares, one of the Midwest’s strongest regional banks, joined the chorus of Q1 results reporting Tuesday (April 16) and sounded the theme of resiliency....

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Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally
Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally
April 16, 2024  |  Personnel

Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff.  The turnaround at the...

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