Affirm (NASDAQ:AFRM), Shopify (NASDAQ:SHOP), Ripple, and Visa (NYSE:V) were among the companies announcing product features and partnerships this week.
Affirm, Shopify announce Aussie installment feature
Shop Pay Installments lets eligible shoppers split their purchases into fortnightly or monthly payments. Approved consumers can choose from interest-free or interest-bearing payment plans and see the exact amount they pay before committing.
Affirm underwrites every transaction individually, making a real-time credit decision and only approving shoppers after an assessment of their ability to repay.
Ripple launches Delta One within Ripple Prime
It allows traders to execute total return swaps across U.S.-listed equities, indices, and digital assets.
payabl., Visa improve real-time dispute management capability
payabl. will offer Visa’s Rapid Dispute Resolution (RDR) services, enabling merchants to resolve disputes automatically at the pre-dispute stage and help prevent costly chargebacks before they happen. The solution also helps enhance the customer experience by enabling merchants to issue refunds virtually.
Razorpay debuts Vulcan, an AI payments foundation
Vulcan’s routing system scores every possible route in real-time and dynamically sends the payment down the path most likely to succeed. Other features include network-level fraud protection, smart offer targeting, and checkout personalization.
Terrapay, Deutsche Bank beef up cross-border payments infrastructure
TerraPay gains access to the bank’s correspondent banking network, payments capabilities and foreign exchange services, strengthening its settlement capabilities and cross-border transactions.
FV Bank launches Global Managed Accounts
The new embedded banking infrastructure that gives fintech companies and payment platforms the regulated foundation to launch and run neobank-style products under their own brands.
Features include USD domestic and international wire transfers, ACH and cross-border payments in 40-plus currencies; stablecoin transfers including USDC and USDT, with 24/7 settlement across supported payment rails; business and individual account types, with KYC, KYB and KYT onboarding, ongoing monitoring and regulatory compliance managed by FV Bank; a dedicated GMA partner portal for onboarding customers, managing accounts and overseeing account activity; and API access to GMA services, so partners can integrate account onboarding, account management, payments and other capabilities directly into their own platforms.
OpenSea, Perplexity confirm CX feature
Perplexity can now access OpeaSea on-chain data to answer customer queries and provide topical research data.
Cleverbridge, DigitalRoute collaborate on pricing feature
Businesses can launch and scale usage-based and hybrid pricing globally. The combined offering gives companies a faster way to bring AI credits, overages, and other consumption-based offers to market without building a new billing and commerce operation from scratch.