News

Ridesharing
HumanForest Raises $15 Million to Grow UK eBike Business
April 30, 2023

U.K.-based micromobility firm HumanForest has raised $15 million to boost its eBike technology. 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....

Digital Banking
FDIC Sends Cease and Desist Order to Cross River Over Lending Practices
April 30, 2023

Federal regulators have cited Crypto and FinTech-focused lender Cross River Bank. 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...

Social Commerce
As TikTok Is Squeezed, ByteDance Makes Lemon8
April 29, 2023

Lemon8, the sibling app of TikTok, is steadily growing its user base while TikTok faces challenges on Capitol Hill and the first state-approved measure to ban it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Regulators Blame Signature for Own Failure and Themselves for SVB’s
April 28, 2023

In a scathing self-assessment, the Federal Reserve’s autopsy on Silicon Valley Bank’s failure puts blame partially on its own doorstep, as regulator reports on Signature Bank’s collapse cite the lender’s “poor management.” Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Former Apple Buyer Sentenced to Prison for $17 Million Fraud
April 28, 2023

A former Apple buyer has been sentenced to three years in prison for defrauding the company of $17 million. 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...

Mobile Commerce
Mobile Devices Take Center Stage in Consumer’s Everyday Transactions
April 28, 2023

At one time, it seemed like only the most tech-forward or foolhardy were conducting financial transactions over smartphones, as they were then viewed as less secure than personal computers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Possible Jio Financial Services IPO Opens India’s Digital Front Door for Investors
April 28, 2023

The door opens for investors to bet on the digital front door, in India. 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...

Delivery
Shipt Sees Same-Day Delivery Opportunity in Business Travelers
April 28, 2023

Shipt is seizing on business travelers’ demand for familiarity to drive same-day delivery adoption. 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...

Retail
eBay Takes on The RealReal With Certified Brand Program
April 28, 2023

Despite the setback caused by its investment in Cudoni, a resale platform startup that was forced to shut down due to lack of traction, eBay confirmed during its earnings call on Wednesday (April 26) its continued commitment to doubling down in the category. The company...