News

Banking
SVB Customers in Asia Still Stuck With Outstanding Loans
June 19, 2023

Silicon Valley Bank customers in Asia are reportedly facing dual headaches following the lender’s collapse. 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,...

Artificial Intelligence
IBM and Adobe Expand Partnership With Generative AI Focus
June 19, 2023

IBM and Adobe are expanding their partnership to help brands create content with artificial intelligence (AI). 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....

B2B Payments
Buy Now Expanding B2B Platform for Japanese Fashion Industry Worldwide
June 18, 2023

Buy Now is expanding its B2B platform for the Japanese fashion industry worldwide. 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...

Cross-border Payments
Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
June 18, 2023

As many as 20 countries may be part of a pan-African payment system by the end of the year. 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...

Artificial Intelligence
Meta Introduces Generative AI Model With Speech Generation Capabilities
June 18, 2023

Meta Platforms has introduced a generative artificial intelligence (AI) model that performs speech-generation tasks. 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
Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
June 18, 2023

A management team bidder group plans to acquire SVB Securities from SVB Financial Group. 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...

Retail
Petco and Snoop Dogg Play on Rapper’s Pooch Persona in New Campaign
June 17, 2023

Snoop Dogg and Petco have teamed up for a new pet health ad campaign that features the rapper portraying a humanized version of a Doberman pinscher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
OCC Head: AI Offers Banks Benefits and Risks as It Is ‘Built to Learn’
June 16, 2023

For Michael J. Hsu, the acting U.S. Comptroller of the Currency, the potential benefits of using widespread artificial intelligence (AI) in banking “are significant.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
FDIC Readies Sale of SVB’s $460 Million German Business
June 16, 2023

Beginning next week, bidders will get the chance to purchase Silicon Valley Bank’s German business. 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....