News

Banking
DOJ and SEC Investigating Silicon Valley Bank and 2 Officers
March 14, 2023

Prosecutors and regulators are reportedly investigating Silicon Valley Bank and two of its executives. 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
House Financial Services Chair to Probe ‘Supervisory Failures’ at SVB
March 14, 2023

A top House Republican says Americans should be confident in the country’s financial system in spite of recent banking failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Sustainable Fast Fashion Underpins New H&M Pre-Loved Store on thredUP
March 14, 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...

Delivery
Grubhub CEO Exits Amid Turmoil in On-Demand Delivery Industry
March 14, 2023

Grubhub’s chief executive is stepping down as economic pressures transform the landscape of on-demand delivery. 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,...

Retail
LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
March 14, 2023

Retailers in Los Angeles are increasingly keeping products locked up in response to shoplifting. 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
Report: Big Banks See Uptick in Deposits After SVB Collapse
March 14, 2023

Silicon Valley Bank’s downfall has reportedly brought more business to America’s larger lenders. 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....

Banking
DCG Seeks Bankers for Portfolio Firms Among Major Lenders
March 14, 2023

Digital Currency Group (DCG) is reportedly looking for new bankers for its portfolio companies following three high-profile bank failures. 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...

Ridesharing
Court Rules Uber and Lyft Drivers Are Contractors
March 14, 2023

Uber and Lyft have landed a victory in their battle to treat drivers as contractors. 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,...

Banking
Report: VC Firms Team Up to Restore SVB
March 14, 2023

A group of venture capital firms is reportedly working to reclaim parts of 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...