March 15, 2023
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
New laws, and new investigations, often follow bank crises. And after the collapse of two banks and one self-liquidation in just five days, calls are growing both for a tightening of banking regulations, and...
March 15, 2023
AffiniPay CEO on Expanding End-User Choice to Accelerate Business Opportunity
The economy’s ongoing digital transformation is industry-agnostic, and now it’s coming for the legal field. “It’s really about the end client,” Dru Armstrong, CEO of AffiniPay, parent company of legal...
March 15, 2023
Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank
A stake in Crown Agents Bank may be up for sale. Private equity investor Helios Investment Partners is working to sell a stake in the provider of cross-border payments, Reuters reported Wednesday (March 15), citing unnamed...
March 15, 2023
Zara Parent Invests in Tech as Sales Climb
Fast fashion giant Inditex is investing in technology after reporting strong 2022 sales. The Spanish clothing company, whose brands include Zara, said in its yearly earnings report Wednesday (March 15)...
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
Tilia Names Brad Oberwager CEO and Raises $22 Million
Payments platform Tilia has raised $22 million and named a new chief executive. The San Francisco company announced Tuesday (Mar. 14) it had received strategic funding from Korean FinTech Dunamu, and named executive chairman Brad Oberwager as...
March 14, 2023
UK’s Regulator Joins Global Movement & Probes TikTok
UK’s National Cyber Security Centre is investigating the potential implications of permitting the video app TikTok, operated by a Chinese company, to be utilized on government-issued mobile phones. This inquiry...
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...
March 14, 2023
DOJ’s Kanter Sets His Eyes On AI
Jonathan Kanter, head of antitrust at the U.S. Justice Department, spoke to an audience at the renowned South by Southwest festival in Austin, regarding his agency’s close monitoring of the...
Most eCommerce merchants miss a crucial piece of the security puzzle: Just 33% use screening mechanisms that can identify potential fraud as the cause of failed payments. PYMNTS Intelligence’s latest study, “The Role of Fraud Screening in Minimizing Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives about the efficacy of eCommerce screening mechanisms.