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Peloton Drops Free-Membership Tier After Less-Than-Expected Results
Peloton Drops Free-Membership Tier After Less-Than-Expected Results
April 15, 2024  |  Subscription Commerce

Connected fitness company Peloton has stopped offering an unlimited free-membership tier that was once a key part of its growth strategy. The free tier for the company’s...

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Green Dot Names Marqeta Vet Renata Caine as BaaS Lead
Green Dot Names Marqeta Vet Renata Caine as BaaS Lead
April 15, 2024  |  Personnel

Green Dot has named payments industry veteran Renata Caine as its new Banking-as-a-Service (BaaS) general manager. Caine previously worked at Marqeta and at the commercial payments division of WEX, the...

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WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
April 15, 2024  |  Disbursements

Wilmington, Delaware-based WSFS Bank has launched a new offering that lets customers receive eligible direct deposits from employers and recurring government benefits up to two days early....

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BlackRock and Jio Team to Offer Wealth Management in India
BlackRock and Jio Team to Offer Wealth Management in India
April 15, 2024  |  Partnerships

India’s Jio Financial Services has launched a joint venture with BlackRock. The collaboration will establish a wealth management and brokering business in India, and comes less than...

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US Retail Inventories Climb in February
US Retail Inventories Climb in February
April 15, 2024  |  Retail

Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April...

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Satago and mmob Partner on Embedded Finance for Lenders, Corporates
Satago and mmob Partner on Embedded Finance for Lenders, Corporates
April 15, 2024  |  B2B Payments

Satago and mmob have partnered to make it easier for lenders and corporates to add embedded finance capabilities. This partnership will enable these businesses to...

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UK Drafting AI Regulations, But Not Rushing to Introduce Them
UK Drafting AI Regulations, But Not Rushing to Introduce Them
April 15, 2024  |  artificial intelligence

The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but...

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Cigo Debuts Digital Tipping for Delivery Drivers
Cigo Debuts Digital Tipping for Delivery Drivers
April 15, 2024  |  Digital Payments

Cigo says it wants to help an increasingly cashless society tip delivery drivers. To that end, the software company announced Monday (April 15) that it had...

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Sovos Enhances Partner Network Amid Demand for Tax Compliance Services
Sovos Enhances Partner Network Amid Demand for Tax Compliance Services
April 15, 2024  |  B2B Payments

Compliance company Sovos has enhanced its Sovos Partner Network program to make it easier for partners to access new opportunities in technology, revenue and marketing....

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