Fintech Funding: Vesey Ventures launches $78M fintech fund
Vesey Ventures has launched a fintech startup fund with $78 million in capital to help early-stage tech companies get off ...
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Apple focuses on payments services
Apple increased revenue in its payment services in the second quarter ending April 1 as the tech giant focused on ...
Mitigating risk post SVB, FRB collapse
Financial institutions are looking to risk mitigation and regulatory compliance technology following the industry turbulence brought on by the recent ...
Listen: How banks can address disconnects between automation, CX
Bridging the gap between customer experience and digital transformation is critical for financial institutions (FIs) to ensure customers stay engaged. ...
Tech layoffs continue as Shopify shrinks team by 20%
Roughly 20% of e-commerce platform Shopify’s team has been dropped from the company with the sale of its logistics business ...
PacWest says in talks with potential partners after share plunge
PacWest Bancorp said core deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to ...
Transactions: US Bank brings embedded payments to PaperTrl
U.S. Bank is offering embedded payments capabilities to accounts payable automation software solution PaperTrl. The bank launched Instant Card in ...
Increased scrutiny on tech-forward banks
Tech-forward Silicon Valley Bank collapsed in March, followed two days later by Signature Bank and this week First Republic Bank. ...
The Fed raises US rates by a quarter point, signaling possible pause
The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in ...
Arc hires former FRB, SVB employees
Former Silicon Valley Bank and First Republic Bank employees are knocking on the door of digital bank Arc to fill ...
