News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

First Republic Seeks Outside Help As Depositors Withdraw $70 Billion

First Republic Seeks Outside Help As Depositors Withdraw $70 Billion
First Republic Seeks Outside Help As Depositors Withdraw $70 Billion
March 22, 2023  |  Banking

Struggling lender First Republic Bank is reportedly seeking outside help to remain in business. Get the Full Story Complete the form to unlock this article...

READ MORE >
Splitit: Standardization of Credit Reporting and Consumer Protection Will Help BNPL Scale
Splitit: Standardization of Credit Reporting and Consumer Protection Will Help BNPL Scale
March 22, 2023  |  Buy Now Pay Later

The exploding use of buy now, pay later (BNPL) needs to have some oversight governing that growth, Omri Flicker, chief legal and risk officer at...

READ MORE >
Vendor Concentration Risks Draw Greater Scrutiny Post SVB
Vendor Concentration Risks Draw Greater Scrutiny Post SVB
March 22, 2023  |  Security & Fraud

Living in the past holds organizations back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

READ MORE >
ISOs Use Data and Service to Reframe Business Model and Merchant Value
ISOs Use Data and Service to Reframe Business Model and Merchant Value
March 22, 2023  |  Data

Charles Zhu, vice president of product at Enigma, told PYMNTS that the pressure is on independent sales organizations (ISO) to reinvent themselves. Get the Full...

READ MORE >
Airlines Turn to Orchestration as Consumer Payments Preferences Multiply
Airlines Turn to Orchestration as Consumer Payments Preferences Multiply
March 22, 2023  |  Travel Payments

As talk in payments circles turns more and more to localization and alternative payment methods (APMs), smart routing and payments orchestration is stepping up as...

READ MORE >
FinTech Issuers Promise Instant Payments, but Many Can’t Deliver
FinTech Issuers Promise Instant Payments, but Many Can’t Deliver
March 22, 2023  |  Money Mobility

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Abound CEO Says AI-Driven Lending Still Needs People to Perform
Abound CEO Says AI-Driven Lending Still Needs People to Perform
March 22, 2023  |  artificial intelligence

Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder...

READ MORE >
Rectangle Health Appoints FinTech Veteran Sid Singh CEO
Rectangle Health Appoints FinTech Veteran Sid Singh CEO
March 21, 2023  |  Healthcare

Rectangle Health has appointed FinTech and healthcare industry veteran Sid Singh as CEO. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Lawmakers Add Treasury Witness to Hearing on SVB, Signature Failures
Lawmakers Add Treasury Witness to Hearing on SVB, Signature Failures
March 21, 2023  |  Banking

The House Financial Services Committee wants to hear banking regulators’ view on the banking crisis. Get the Full Story Complete the form to unlock this...

READ MORE >