Today on PYMNTS

artificial intelligence
Amazon Puts All Three Claude AI Models on Bedrock

Amazon Bedrock now features all three versions of Anthropic’s Claude 3 artificial intelligence (AI) model. That makes...

Spend Management
RBC Capital Markets Launches Cash Management Solution

RBC Capital Markets has launched a cloud-native cash management solution designed for Fortune 1000 companies...

Retail
Persuadable Shoppers Strain Under Burden of Ongoing CPG Price Hikes

As leading consumer-packaged goods (CPG) brands continue to raise their prices slowly but persistently,...

Retail
Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+...

Last month, Amazon introduced its first-ever Annual Big Spring Sale. Whereas Amazon’s Prime Days...

Identity
Prove Adds ID Verification Tools to AWS Marketplace

Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a...

Earnings
PNC Reports 2% Commercial Loan Dip Amid Manufacturer ‘Hesitancy’

PNC Financial Services Group saw average commercial loans dip in the first quarter as...

Payment Methods
Transaction Network Services Debuts Payment Platform

Payments infrastructure provider Transaction Network Services (TNS) has launched payment and network solution Complete Commerce. ...

Personal Finance
IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched

Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit...

IPO
Ibotta Increases IPO Goal to $551 Million

Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed...

Payment Methods
Money Transfer Firm Wise Reports 29% Growth in Active Users

Money transfer firm Wise saw its number of active customers grow 29% year over year during...

Earnings
Johnson & Johnson Amplifies MedTech Profile in Q1 Earnings

Johnson & Johnson (J&J) has emphasized the pivotal role of medical technology (MedTech) in advancing...

Banking
Saxo Bank Weighs Sale After SPAC Collapses

Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public....

Earnings
Commerce Bancshares Echoes Q1 Earnings Theme of Resilience

Commerce Bancshares, one of the Midwest’s strongest regional banks, joined the chorus of Q1...

Personnel
Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally

Crypto.com is in the process of adding 1,400 employees, a little more than a...

Retail
Martie: Deal-Seeking eGrocery Customers Prioritize Brand Recognition Over Loyalty

When looking for deals online, grocery shoppers want the reassurance of buying from familiar,...

Technology
From Mirrors to Bathrooms, Options for Connected Devices Grow

As PYMNTS recently reported, it may not be long before today’s self-guided household vacuum...

Earnings
Bank of America: 1Q Zelle Volumes Surge 26% to $106...

Bank of America’s first quarter results took note of continued use of digital channels...

Loans
Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future

Main Street businesses represent the backbone of both the American economy and their local...

Investments
Microsoft Invests $1.5 Billion in UAE AI Firm G42

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is...

Payment Methods
JPMorgan and Codat Team to Drive Virtual Card Adoption

Business data API provider Codat and JPMorgan Chase have teamed to promote virtual card adoption. It’s the thinking...

Retail
Stripe and Urban Outfitters Owner URBN Launch Payments Partnership

Financial infrastructure platform Stripe has launched a payments partnership with retail group URBN. The collaboration, announced Tuesday...

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