July 26, 2023
Generational Shift Forces Construction Industry Digital Transformation
The historically fragmented industrial economy is getting a modern makeover. And while ecosystem needs are different from geography to geography, a fundamental shift in digital capabilities is reframing the possibilities...
July 26, 2023
Why FinTechs Should Never Stop Climbing the ‘Profit Hill’
We’re a long way from the halcyon days of FinTech funding just a few years ago. Sezzle CEO Charlie Youakim and Vera Equity Co-founder Jon Pomeranz told PYMNTS Karen Webster...
July 25, 2023
Google Reports 7 Out of 10 Generative AI Unicorns Are...
The tech industry has been buzzing over generative artificial intelligence (AI) for months. But has the technology, whose capabilities are being promoted as the next big leap forward for the...
July 25, 2023
Earned Wage Access Firm Immediate Closes $16 Million Funding Round
Earned wage access company Immediate has closed a $16 million funding round to accelerate its trajectory in the workplace financial health sector. The funds, which include both growth equity and a working...
July 25, 2023
Report: Regional Lenders Banc of California and PacWest Negotiate Combination
Regional lenders Banc of California and PacWest Bancorp are reportedly in advanced negotiations to combine. A deal could be announced as soon as Tuesday (July 25), when both banks are scheduled to report their results, The...
July 25, 2023
Cash Flow Firm Settle Gets $145M Credit Facility With Silicon...
Cash flow management company Settle has secured a $145 million credit facility with Silicon Valley Bank. The financing, announced in a news release Tuesday (July 25), will let Settle develop its lending products for larger...
July 25, 2023
New York Magazine Goes From Editorial to eCommerce
If you know the term “nepo baby,” it might be because of New York Magazine. A cover story by the magazine on the concept went viral late last year, sparking...
July 25, 2023
PSCU CEO: Credit Unions Will Weather the Battle for Deposits...
Earnings season is underway, spotlighting a new reality for smaller banks in a long, hot summer. “They’ve had to re-engineer managing their business from just two years ago,” Chuck Fagan,...
July 25, 2023
Banks’ Cautious Approach to Generative AI Is More Internal Than...
Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities of the technology so as...