Today on PYMNTS

Retail
Nordstrom CEO, President Aim to Take Company Private

Nordstrom’s CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking...

Acquisitions
Kraken Acquires TradeStation Crypto to Expand Regulatory Licensing in US

Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition,...

Google
Google Consolidates AI-Building Teams Across Research and DeepMind

Google is consolidating the teams that focus on building artificial intelligence (AI) models across Google...

Bank Regulation
Canada’s Federal Budget Aims to Curb Overdraft Fees

Canada’s federal budget, released this week, includes a proposal to limit the fees that...

artificial intelligence
Proposed Federal AI Oversight Plan Faces Hurdles, Experts Say

Sen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles,...

Earnings
Netflix Subscriber Base And Revenue Spike in Q1

The storyline is playing out nicely for Netflix. The streaming company reported its latest earnings...

Delivery
Report: Getir Faces Investor Pressure to Cut Costs and Restructure

Getir, the Turkish grocery delivery company that soared in value during the pandemic, is...

artificial intelligence
Meta AI Assistant Adds Website, Expands Beyond US

Meta has introduced the latest version of its artificial intelligence (AI) assistant, Meta AI, powered by...

Personal Finance
Congress Advances Earned Wage Access Bill as Popularity Grows

When is a loan not a loan? That is, in one sense, the question...

Investments
Wagestream Raises $21.8 Million to Expand Financial Well-Being App

Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds...

artificial intelligence
Equifax Says 85% of Its New Models Built With AI

Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its...

Subscriptions
Consumer Demand for Deals Fuels Rise of Discount Subscriptions

With consumers seeking more bang for their buck, retail merchants are rising to the...

Transportation
Financial Challenges Prompt Car Shoppers to Look to Secondhand Options

Economic challenges or no, consumers still need to get where they are going, and...

B2B Payments
Ramp Valued at $7.6 Billion Following Series D Round

Spend management platform Ramp says it is now a $7.6 billion company. The firm on Thursday (April...

IPO
Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut

Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE)...

Partnerships
Grubhub Deepens Grocery Offering With Mercato Partnership

Grubhub is expanding its grocery presence via a partnership with online marketplace Mercato. The collaboration, announced Thursday (April...

Earnings
CEO Says KeyBank Is ‘Back to Playing Offense’

Liquidity continues to dominate Q1 earnings season for banking. Saying his company can finally...

Legal
Judge in CFPB Credit Card Lawsuit Avoids Recusal

A judge in the banking industry/CFPB legal battle can remain on the case. That’s according...

Payment Methods
AffiniPay Expands Payment Processing Solutions to Puerto Rico

AffiniPay has expanded the availability of its payment processing solutions for attorneys and accounting professionals...

Big Tech
Regulations, Innovations and AI Define This Week in Big Tech

Big Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not...

Security & Fraud
UnitedHealth Reports Processing Issues at Change Healthcare

Change Healthcare’s troubles are apparently not over. The company, which is owned by UnitedHealth,...

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