Silicon Valley Bank Closure Impacts Hundreds of Startups and VCs
Silicon Valley Bank Closure Impacts Hundreds of Startups and VCs
March 10, 2023  |  Digital-First Banking

The closure of Silicon Valley Bank has impacted startups and venture capital firms. Hundreds of such firms did their banking and kept billions of dollars...

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DJUST Launches New SaaS B2B eCommerce Platform
DJUST Launches New SaaS B2B eCommerce Platform
March 10, 2023  |  B2B Payments

DJUST has launched a new Software-as-a-Service (SaaS) B2B eCommerce solution. This eCommerce platform is specifically designed for B2B companies and their requirements and allows them to...

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As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has collapsed. The regulators have circled the wagons. The damage is contained.  Maybe.   Maybe just for a day, because who knows what...

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US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
March 10, 2023  |  Economy

Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for...

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Loyal Consumers Prize Quality More Than Deals
Loyal Consumers Prize Quality More Than Deals
March 10, 2023  |  Consumer Insights

Merchants looking to acquire new customers would be well served to prioritize deals and convenience. For the latest edition of the PYMNTS Consumer Inflation Sentiment...

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Gopuff Demand Apparently Not as Quick as Its Cash Burn
Gopuff Demand Apparently Not as Quick as Its Cash Burn
March 10, 2023  |  Delivery

As economic pressures rack the on-demand delivery industry, Gopuff has undergone another round of layoffs. The convenience retail delivery service cut around 2% of its...

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Pagos CEO on Reducing Costs by Leveraging Data-Driven Payments Intelligence
Pagos CEO on Reducing Costs by Leveraging Data-Driven Payments Intelligence
March 10, 2023  |  B2B Payments

A dollar saved is a dollar earned, and every penny counts in today’s challenging macroclimate. “What we see now is an intense pressure on finding...

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Retailers Say Chinese Consumer Spending Has Not Yet Recovered From COVID
Retailers Say Chinese Consumer Spending Has Not Yet Recovered From COVID
March 10, 2023  |  Consumer Finance

China’s consumer spending hasn’t seen the surge many expected after the lifting of COVID-19 restrictions. In recent comments, the CEOs of eCommerce firms JD.com and...

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Payment Networks Pause Implementation of Code for Gun Shops
Payment Networks Pause Implementation of Code for Gun Shops
March 10, 2023  |  Data

Payment networks have paused their implementation of a new merchant category code for gun shops. American Express, Discover, Mastercard and Visa have done so but have not said that they...

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