March 15, 2023
MoneyLion CEO Sees Profits Ahead for Financial Service Ecosystem’s ‘Interface...
These are tough times to be a publicly traded tech company. The last few days have been seismic in the industry. Silicon Valley Bank’s gone under. Signature Bank has collapsed,...
March 15, 2023
Sezzle CEO Sees Sharpened FinTech Focus on Bank Stability Post-SVB
“Last weekend felt like the wild, wild West,” Charlie Youakim, CEO of payments startup and B Corp Sezzle, told PYMNTS CEO Karen Webster in a recent conversation. “SVB had been around...
March 14, 2023
Tabit and Lenovo Partner to Offer B2B BNPL in Canada
Tabit and Lenovo have partnered to offer business-to-business (B2B) buy now, pay later (BNPL) in Canada. With this collaboration, Tabit’s B2B BNPL payment method will be integrated into Lenovo’s offerings...
March 14, 2023
Fetch Rewards Cuts Staff as Consumers Cut Back on Spending
As consumers cut back on spending due to macroeconomic challenges, Fetch Rewards, a Madison, Wisconsin-based startup that offers a centralized rewards points program for online and brick-and-mortar sellers, is making...
March 14, 2023
Grocers Fight Back as More Grocery Spend Moves Online
February Consumer Price Index numbers demonstrate that grocers and consumers can’t catch a break. While inflation overall seems to be easing, with gasoline and major appliances seeing year-over-year price decreases,...
March 14, 2023
Gibraltar Business Capital Launches Equipment Financing Business
Gibraltar Business Capital (GBC) has launched an equipment financing business. The new Gibraltar Equipment Finance (GEF) will provide equipment loans and leases of up to $20 million for industries like...
March 14, 2023
SVB and Signature Bank Passed KPMG Audits Days Before Collapses
When it comes to banking, compliance is king. That makes proper accounting and internal controls queen, at the very least. This, as the collapse of Silicon Valley Bank (SVB) last week and Signature...
March 14, 2023
Grubhub CEO Exits Amid Turmoil in On-Demand Delivery Industry
Grubhub’s chief executive is stepping down as economic pressures transform the landscape of on-demand delivery. On Monday (March 13), the Chicago-based aggregator, a subsidiary of Just Eat Takeaway.com, announced that...
March 14, 2023
LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
Retailers in Los Angeles are increasingly keeping products locked up in response to shoplifting. Stores in the city have seen a 2% increase in theft and robberies so far this...
