New Data from Kruze Consulting Reveals Significant Changes in Startup Banking Market One Year Since SVB Collapse
Before the crisis, close to 60% of startups had an account with SVB and SVB held 50% of all startup cash. Now, less than 20%
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Hilton and American Express Introduced the Hilton Honors American Express Business Card
The updated Card enables Card Members to use their business purchases to fuel future Hilton stays, all with the powerful backing of American Express. Hilton
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
The new management structure streamlines the organization and eliminates management layers to expedite decision-making, enhance accountability, and further a laser-focused approach to client relationships. Cadence
SC Ventures Leads Hive’s €12 Million Series A, Enabling Sustainable Distributed Cloud Computing for the Masses
Hive’s model helps businesses efficiently manage their cloud-related expenses, reduce dependency on a select few cloud providers, and significantly reduce cloud energy use. SC Ventures,
Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected
Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith
Ant International and Capital A to Form Strategic Partnership in Digital Payments, Financial Technologies, and Sustainability Promotion
The comprehensive partnership covers collaborative initiatives between Ant International’s Alipay+ cross-border payment, marketing and digitalization technology solutions, payment orchestration services, and other business segments, and
Upgrade Your Equipment, Elevate Your Business: Cass Commercial Bank Launches New Equipment Finance Division
Cass Commercial Bank’s Equipment Finance Division to introduce a seamless process with quick turnaround, ensuring minimal paperwork, quick approvals, and efficient solutions to your capital
First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago
The income necessary to buy starter homes is increasing from a year ago due to rising prices and mortgage rates: The typical starter home sold
Visa’s Growing Services Business Infused with New AI-Powered Products
The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across immediate account-to-account and card-not-present (CNP) payments, as well as