News

First Citizens and Valley National Reportedly Competing for SVB Assets
Banking
First Citizens and Valley National Reportedly Competing for SVB Assets
March 26, 2023

Two regional banks are reportedly competing to purchase failed lender Silicon Valley 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, PYMNTS Today....

Bank of America Reshuffles Lending Unit Employees
Banking
Bank of America Reshuffles Lending Unit Employees
March 24, 2023

Bank of America has reportedly shifted some employees from its wealth management and lending unit. 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,...

Raisin Raises $64.7 Million to Expand Investment and Savings Platform
Investments
Raisin Raises $64.7 Million to Expand Investment and Savings Platform
March 24, 2023

Raisin has gained 60 million euros (about $64.7 million) in a Series E round. 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...

Vital Raises $24.7 Million for AI-Powered Healthcare Solutions
Investments
Vital Raises $24.7 Million for AI-Powered Healthcare Solutions
March 24, 2023

Vital has raised $24.7 million in Series B funding for its artificial intelligence (AI)-powered healthcare solutions. 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...

Payment Innovations Tackle Trade Finance Gap as Banks Pull Back
Payments Innovation
Payment Innovations Tackle Trade Finance Gap as Banks Pull Back
March 24, 2023

The old adage is that banks lend when you don’t need the money. 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....

Grocers Use Self-Service Prepared Foods to Bring More Shoppers In Store
Retail
Grocers Use Self-Service Prepared Foods to Bring More Shoppers In Store
March 24, 2023

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. By completing this form, you agree to receive marketing communications from PYMNTS and...

Yellen: Regulators Ready to Take ‘Additional Actions’ to Protect Banking System
Regulation
Yellen: Regulators Ready to Take ‘Additional Actions’ to Protect Banking System
March 24, 2023

Regulators are ready to do more to protect the banking system. 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. By completing...

Small Merchants Use Loyalty Credits to Keep Customers From Shopping With Larger Rivals
Loyalty & Rewards
Small Merchants Use Loyalty Credits to Keep Customers From Shopping With Larger Rivals
March 24, 2023

Small businesses are having success in using a classic method to keep customers coming back. 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,...

FinTechs That Went Public Since 2020 Trade 54% Below Listing Price
IPO
FinTechs That Went Public Since 2020 Trade 54% Below Listing Price
March 24, 2023

It once seemed like FinTechs going public had limitless funding if investors saw potential. That mindset may be becoming a thing of the past. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...