News

Regulation
SVB’s Former Owner May Have to Wait to Claim $2 Billion
May 04, 2023

SVB Financial wants to collect $2 billion it is owed. The FDIC says: Wait your turn. 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,...

IPO
Johnson & Johnson Spinoff Kenvue Valued at $41 Billion in IPO
May 04, 2023

Johnson & Johnson’s consumer healthcare spinoff has made the biggest U.S. initial public offering (IPO) since 2021. 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...

Banking
Western Alliance Denies ‘Irresponsible’ Reports of Sale
May 04, 2023

Western Alliance says it will not be the next regional bank to go up for sale. 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
Qatar-Based Snoonu Raises $12 Million to Continue Building Super App
May 04, 2023

Qatar-based eCommerce startup Snoonu has raised $12 million in a Series B funding round. 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
Goldman Sachs’ Advisory Work With SVB Probed by Feds
May 04, 2023

Federal authorities are investigating Goldman Sachs’ work with Silicon Valley Bank ahead of its 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, PYMNTS Today. By completing...

Investments
Inbox Health Raises $22.5 Million for Patient Billing Communication Platform
May 04, 2023

Inbox Health has raised $22.5 million in a Series B funding round to expand its patient billing communications platform. 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
UK Watchdog Jumps on Board Wave of AI Regulations
May 04, 2023

The United Kingdom’s antitrust watchdog is the latest government entity calling for artificial intelligence (AI) regulations. 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...

B2B Payments
Supply Chain Platform project44 and Nexxiot to Provide Real-Time Shipping Data
May 04, 2023

project44 and Nexxiot have partnered to provide real-time shipping information to supply chain participants. 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...

eCommerce
Shopify’s Sale of Logistics Ops Signals Return to eCommerce as ‘Main Quest’
May 04, 2023

For Shopify, the shift is back to basics — a focus on eCommerce — and relying more fully on partners to get the goods to customers’ doorsteps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...