March 14, 2023
FinTechs Forced to Decide If They’re a Business or a...
According to one recent analysis, 91 publicly listed FinTech companies burned through $12 billion in venture capital in 2022, and just 17 posted a net profit from those investments. If...
March 14, 2023
Can HSBC Preserve SVB’s Innovation Culture Post UK Unit Acquisition?
The world woke up on Monday (March 13) to news that British multinational banking giant HSBC is purchasing Silicon Valley Bank (SVB) UK, the U.K. arm of the failed U.S.-based...
March 13, 2023
Fraud-Fighting Organizations Build Trust in Netherlands’ Digital Transformation
The Netherlands may not always be top of mind when considering digital connectedness or online enforcement, but PYMNTS’ research has detailed the country’s above-average digital engagement — with global fraud-fighting...
March 13, 2023
Class-Action Lawsuit Alleges Silicon Valley Bank Didn’t Disclose Risk
A lawsuit alleges that Silicon Valley Bank’s parent company did not disclose risk to investors. The class-action complaint alleges that because of failure to disclose risk, the plaintiffs were damaged...
March 13, 2023
Grocers Expand Self-Checkout in Effort to Provide More Convenient Experiences
From New York to Portugal, self-checkout is taking over the grocery industry. In Europe, cashier-less checkout technology provider Sensei recently announced the launch of the continent’s largest-yet autonomous supermarket, nearly 5,400 square...
March 13, 2023
Federal Home Loan Banks Raising Funds to Support Regional Institutions
The Federal Home Loan Banks system aims to raise $64 billion to support regional institutions. The system — which gives private regional banks a way to access short-term funding without...
March 13, 2023
Startups and VCs Change Banking Practices After Recent Turmoil
Startups and venture capital (VC) firms are changing how they bank after recent industry turmoil. Although tech industry players were relieved by Sunday’s announcement by federal regulators that depositors at...
March 13, 2023
Don’t Destroy Entrepreneurship With Poorly Designed Antitrust Legislation
By Daniel D. Sokol, The Hill Start ups are the lifeblood of innovation in the United States. Venture capital funded start ups disproportionately produce tech innovation. Yet, the proposed Senate American Innovation and...
March 13, 2023
Report: Traders Making $70 Million Gamble on USDC’s Future
The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if the stablecoin slips below $1...
