News

Banking
SVB Financial Group and Creditors Aim to Form New Company
January 09, 2024

SVB Financial Group, the former parent company of Silicon Valley Bank, has made progress in its bankruptcy case by reaching a deal with key creditors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
National Bank of Oman to Leverage PayMate’s B2B Payment Solutions 
January 09, 2024

The National Bank of Oman (NBO) will leverage PayMate India SPC’s B2B payment automation solutions.  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
Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
January 09, 2024

As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any indication, though the truth may be murkier. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
AppDirect Raises $100 Million to Fund Investment Program
January 09, 2024

B2B subscription commerce platform AppDirect received $100 million for its investment program. 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...

Payment Methods
4 in 10 Consumers Would Start Using Pay-by-Bank If Perks Were Offered
January 09, 2024

Pay by bank, also known as account-to-account (A2A) payments, is gaining in popularity. 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
Only 5% of Mid-Sized Firms Have Fully Automated Accounts Payable, Receivable
January 09, 2024

Accounts payable (AP) and accounts receivable (AR) are two of the areas that typically entail more processing time and involvement of the workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Visa and CIBC Collaborate on Sending Remittances to Digital Wallets
January 09, 2024

Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently.  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
Whispp Raises $820K to Launch AI-Powered Assistive Voice Technology
January 09, 2024

Dutch startup Whispp raised 750,000 euros (about $820,000) in a seed round to launch its artificial intelligence-powered real-time assistive voice technology and calling app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Microsoft/OpenAI Relationship Could Face EU Probe
January 09, 2024

European regulators are reviewing whether Microsoft’s involvement with OpenAI warrants further investigation. 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...