News

IPO
CAB Payments Goes Public Amid Tepid UK IPO Market
July 06, 2023

Great Britain’s CAB Payments raised $426 million upon becoming a public company Thursday (July 6). 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....

Retail
BigCommerce Adds Localization Features to Multi-Storefront Platform
July 06, 2023

BigCommerce is adding new localization features to its Software-as-a-Service (SaaS) eCommerce platform. 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...

Retail
TikTok Uses Brick-and-Mortar Shop to Promote ‘Community Commerce’
July 06, 2023

TikTok has spent a week running a brick-and-mortar pop-up shop for brands and creators. 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....

Artificial Intelligence
Generative AI’s Future Will Be as the Ultimate Human Sidekick, Says Foundation Capital’s Iyengar
July 06, 2023

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 this form, you agree to receive marketing communications from PYMNTS and...

Banking
Bankruptcy Judge Reportedly Approves Sale of SVB Financial Group’s Investment Bank
July 05, 2023

A bankruptcy judge has reportedly approved the sale of SVB Financial Group’s investment bank to its managers. 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...

Biometrics
Mashreq Deploys Electronic Facial Recognition to Allow Online Bank Account Onboarding
July 05, 2023

Mashreq has launched electronic facial recognition (EFR) technology to facilitate the onboarding of large corporate clients. 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,...

Retail
Did Kroger Just Trade Debit Rewards for Digital Coupons and Credit?
July 05, 2023

Debit remains among consumers’ preferred payment methods, allowing them to spend only the funds on hand.  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...

Banking
Silicon Valley Bank Cautiously Restarts Lending Operations
July 05, 2023

Silicon Valley Bank (SVB) has reportedly — and carefully — reentered the startup/venture lending business. 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...

Artificial Intelligence
NYC Cracks Down on AI Use in Hiring Decisions
July 05, 2023

New York City has become the first city in America to regulate artificial intelligence (AI) use in hiring. 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...