PYMNTS News

Splitit Secures $50 Million Investment From Motive Partners
Splitit Secures $50 Million Investment From Motive Partners
August 15, 2023  |  Buy Now Pay Later

Installments-as-a-service platform provider Splitit has secured an investment of $50 million from private equity firm Motive Partners. Get the Full Story Complete the form to unlock this article...

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The Decline of Traditional TV: Streaming Takes Over
The Decline of Traditional TV: Streaming Takes Over
August 15, 2023  |  Subscriptions

The days of sitting down to enjoy your favorite television show on traditional broadcast or cable are rapidly declining. For the first time, the total...

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Setapp to Launch Alternative App Store in Response to EU Digital Markets Act
Setapp to Launch Alternative App Store in Response to EU Digital Markets Act
August 15, 2023  |  Apple

App subscription service Setapp is preparing to launch its own alternative App Store for users in the EU in response to the Digital Markets Act...

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Sam Bankman-Fried Attorneys Protested Lack of Internet Access in Jail
Sam Bankman-Fried Attorneys Protested Lack of Internet Access in Jail
August 15, 2023  |  Cryptocurrency

Before FTX founder Sam Bankman-Fried was sent to jail, his attorneys reportedly argued that he would have difficulty accessing evidence and materials for his trial...

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SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
August 15, 2023  |  Legal

Embattled lender SVB Financial, which is embroiled in a dispute with the U.S. Federal Deposit Insurance Company (FDIC), says it is losing $8.5 million a...

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OpenAI Suggests Companies Use GPT-4 for Content Moderation
OpenAI Suggests Companies Use GPT-4 for Content Moderation
August 15, 2023  |  artificial intelligence

OpenAI said companies can use its latest large language model (LLM), GPT-4, to develop artificial intelligence (AI)-assisted content moderation systems. Get the Full Story Complete...

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Payoneer Singapore Acquires Payment License to Help Small Businesses Transact Globally
Payoneer Singapore Acquires Payment License to Help Small Businesses Transact Globally
August 15, 2023  |  Digital Payments

Payoneer Singapore has been granted a payment license from the Monetary Authority of Singapore (MAS), the city-state’s principal financial regulator. Get the Full Story Complete...

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Private Equity Firm Silver Lake Considers Selling Global Blue
Private Equity Firm Silver Lake Considers Selling Global Blue
August 15, 2023  |  Business

Private equity firm Silver Lake is reportedly exploring selling Global Blue, a company that enables retailers to offer tax-free shopping. Get the Full Story Complete...

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MTN Group CEO: Open to Selling Up to 30% of FinTech Business
MTN Group CEO: Open to Selling Up to 30% of FinTech Business
August 15, 2023  |  Digital-First Banking

African telecommunications company MTN Group Ltd. is seeking to include up to three more strategic investors in its telecom unit, said MTN Group CEO Ralph Mupita....

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