News

Banking
Revolut CEO Blames Banking Troubles For UK License Delay
May 07, 2023

Revolut’s CEO says recent bank turmoil has held up his company’s U.K. banking license. 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....

Banking
Buffet: FDIC Avoided Catastrophe by Covering All SVB Customers
May 07, 2023

“A run on every bank in the country.” 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...

eCommerce
Tupperware Turns to Amazon for a Comeback
May 06, 2023

After encountering financial difficulties last month, Tupperware, a trailblazing direct-to-consumer (D2C) brand, has implemented some inventive marketing and sales strategies, one of them being the launch of its Heritage Collection bowls. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
SEC Reportedly Investigating Alleged Insider Trading at First Republic Bank
May 05, 2023

The Securities and Exchange Commission (SEC) is reportedly investigating whether there was insider trading at First Republic Bank. 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,...

B2B Payments
Velmie Adds Card Module to Composable Solution for FinTechs
May 05, 2023

Velmie has added a card module to its composable white-label solution for FinTech companies and banks. 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,...

Regulation
NY State Attorney General Proposes Legislation to Regulate Crypto Industry
May 05, 2023

New York State Attorney General Letitia James has proposed legislation to regulate the cryptocurrency industry. 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,...

Investments
OpenTrade to Launch Platform for Investing in Tokenized Financial Assets 
May 05, 2023

OpenTrade has raised $1.5 million in a funding round for its platform for investing in tokenized financial assets. 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...

Security & Fraud
Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
May 05, 2023

Equifax has launched a fraud protection tool for Shopify designed for small business merchants. 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...

International
Ant Group Reportedly Won’t Get Financial Holding Company License for Months
May 05, 2023

Ant Group may not see progress on its application for a license from China until the second half of the year or later. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...