News

Banking
Report: First Republic Considers Sale After Downgrade
March 16, 2023

First Republic Bank is reportedly considering a sale after being downgraded by ratings agencies. 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...

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Square and Social Change Fund United Launch Accelerator Program
March 16, 2023

Square and the Social Change Fund United have launched an accelerator program for Black and Latino entrepreneurs. 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...

Retail
Lulus Keeps Trying to Convince Shoppers It’s Not Fast Fashion  
March 16, 2023

Lulus is not fast fashion. But that’s not what most shoppers think.   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...

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Stripe Valued at $50 Billion Following New Funding Round
March 16, 2023

Stripe has raised $6.5 billion in a funding round that values the payments firm at $50 billion. 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...

Security & Fraud
UK Finance: How Far Can AI Go in Fighting Fraud?
March 16, 2023

Much has been said about the potential new technologies like artificial intelligence (AI) and machine learning have in transforming fraud detection and fraud prevention across industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
March 15, 2023

New laws, and new investigations, often follow bank crises.  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,...

Regulation
For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard 
March 15, 2023

There are no guarantees in life, except for insuring bank deposits up to $250,000. 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...

Banking
FDIC Prefers Banks Over Other Entities as Silicon Valley Bank Bidders
March 15, 2023

The pool of potential buyers of Silicon Valley Bank may be narrower than previously thought. 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,...

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Flutterwave to Expand Operations in Rwanda After Receiving New Licenses
March 15, 2023

Flutterwave has secured two more licenses from the National Bank of Rwanda. 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...