Small and midsized businesses (SMBs) that succeed face the same hurdles as big ones, from brand trust to providing seamless online checkout and other services that ride along. Baby Jack & Company founder and CEO Kelley Legler figured that out early, as she explained to PYMNTS’ Karen Webster...
Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive returns year to date are getting winnowed down. The index is up just under 7% since 2023 dawned. Interest rates...
Amid the turmoil rocking the financial services sector, as the flights to safety continue, individual and enterprise customers are weighing what’s important to them. And depending on where you look — and the audience you examine — there are different priorities when choosing a traditional...
Lawmakers in Europe are blaming U.S. regulators for failing to stop this month’s banking crisis. That’s according to a Thursday (March 23) report by CNBC, citing interviews with regulators and officials in the European Union. “You need stronger regulation … in that sense the U.S....
For criminals, big news creates big opportunities. And businesses beware — the recent collapses of Silicon Valley Bank (SVB) and Signature Bank offers cybercriminals a perfect cocktail of urgency, uncertainty and money movement, creating an irresistible, golden opportunity for scammers and fraudsters to exploit. “The phishing has been through...
Toku has raised $7 million in its effort to bolster subscription commerce in Latin America. The Chilean payments firm announced its seed round Thursday (March 23), saying the funds would allow it to expand its collection management software for subscription companies, coming at a time...
Chipotle’s venture fund is backing startups focused on local food and sustainability, courting young consumers. Cultivate Next, the arm of the fast-casual giant that invests in emerging companies, announced Wednesday (March 22) in a press release emailed to PYMNTS that it has invested in two...
House Republicans want more answers from the White House on the recent banking crisis. The chair and vice chairman of the House Financial Services Committee wrote to the Biden Administration on Wednesday (March 22) demanding detailed information on the response to this month’s bank failures. “Given...
DoorDash is continuing its diversification efforts with a series of new retail partnerships. The delivery company announced Thursday (March 23) it had added Lush Cosmetics, Victoria’s Secret and Party City to its partner list. With this news came the debut of new shopping features, including...
