Silicon Valley Bank Updates

The latest coverage and analysis from PYMNTS following the dramatic collapse of Silicon Valley Bank (SVB).
PYMNTS Intelligence: Marking the Milestones and Impact of the RTP® Network
PYMNTS Intelligence: Marking the Milestones and Impact of the RTP® Network
December 21, 2022  |  Faster Payments

The RTP® network does not only offer secure payments that settle in seconds. It also offers payment messaging capability, digital commerce services and a host...

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Tweet It to Believe It: SBF Speaking at House Hearing
Tweet It to Believe It: SBF Speaking at House Hearing
December 09, 2022  |  Cryptocurrency

The one-time billionaire founder of failed Crypto exchange FTX, Sam Bankman-Fried, is heading to Washington. This, as the fallen king of crypto tweeted to Congresswoman and...

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US Treasury Promotes Bank-FinTech Partnerships
US Treasury Promotes Bank-FinTech Partnerships
November 16, 2022  |  Bank Regulation

The U.S. Department of the Treasury issued a report Wednesday (Nov. 16) encouraging collaboration between banks and FinTechs, provided it is done responsibly. The report...

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‘Inevitable’ Advance of Embedded Payments Will Spark Bank-FinTech Partnerships
‘Inevitable’ Advance of Embedded Payments Will Spark Bank-FinTech Partnerships
November 09, 2022  |  Payment Methods

Embedded payments are an inevitability for merchants, for small businesses, for plumbers and gardeners, and pretty much everyone else. Modern Treasury CEO and Co-Founder Dimitri...

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Money Transfer Firm Wise Lands $347M in Capital
Money Transfer Firm Wise Lands $347M in Capital
October 27, 2022  |  Investments

British money transfer firm Wise has received $300 million pounds (about $347.1 million) via a syndicated debt facility from the United Kingdom branch of California’s...

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FinTechs Need a Niche to Avoid Becoming a Commodity
FinTechs Need a Niche to Avoid Becoming a Commodity
October 18, 2022  |  Digital Banking

When everyone is special — or at least says they are — no one is. Application programming interfaces (APIs) and all manner of updated tech...

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Indonesia’s Blibli Targets $528M IPO for November
Indonesia’s Blibli Targets $528M IPO for November
October 17, 2022  |  IPO

Indonesian eCommerce company Blibli is set to go public next month with an initial public offering (IPO) worth up to $528.9 million. According to published...

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US 8-Month Tech IPO Drought Is Longest in This Century
US 8-Month Tech IPO Drought Is Longest in This Century
September 18, 2022  |  IPO

The declines in the U.S. stock market that started early this year have scared off investors in technology startups and led to the longest stretch...

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SVB Financial’s Earnings Point to Volatility Ahead for Startups and VC Funding
SVB Financial’s Earnings Point to Volatility Ahead for Startups and VC Funding
August 03, 2022  |  Earnings

There’s no easy road ahead for startups — or the funds and banks that invest in them — but then again, it’s all a part...

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