News

Merchant Innovation
Banks and FinTechs Say Receipt Data Powers More Personalized Rewards
March 20, 2023

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Commerce Connected
Why Mercedes Benz Is Building the Operating System for In-Car Payments
March 20, 2023

The idea of the car as a software platform on wheels is not new. The idea of the car as a commerce operating system is. Mercedes Benz, which traces its history to 1886 and Karl Benz’s creation of the first combustion engine in Germany, is...

Banking
EU FinTechs Give EMI ‘Safeguarding’ Policy a Fresh Look Post SVB Collapse
March 20, 2023

If there’s a lesson that FinTechs must learn from Silicon Valley Bank’s (SVB) collapse, it’s the need to diversify their banking partners to include electronic money institutions (EMI), says Anthony Oduu, co-founder and CTO at business-to-business (B2B) cross-border payments provider Verto. Get the Full Story...

Banking
Warren Buffett May Invest in Regional Banks
March 19, 2023

The U.S. has reportedly turned to Warren Buffett once more for help in a financial crisis. 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...

Artificial Intelligence
Report: AI Regulations Lag Industry Advances
March 19, 2023

There’s an artificial intelligence (AI) revolution happening, one that regulators don’t seem ready to address. 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
Signature Bank Sold to Arm of New York Community Bancorp
March 19, 2023

One week after being taken over by regulators, Signature Bank has a new owner. 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
Medium-Sized Banks Want More FDIC Protection
March 19, 2023

America’s midsized banks want more federal protection to prevent runs on deposits. 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...

Fintech Investments
PhonePe Raises $200 Million From Former Parent Walmart
March 19, 2023

India’s FinTech platform PhonePe has raised another $200 million, this time with the help of Walmart. 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...

Investments
Charles Schwab Customers Deposit $16.5 Billion During Banking Crisis
March 19, 2023

Charles Schwab says it saw “strong inflows” from clients amid this month’s banking crisis. 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...