Tagged: financial infrastructure

January 18, 2024 @ 5:15 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced its work with Best Buy in order “to help power the retailer’s expansion into prescription health and wellness technology products.” Stripe explains that it “provides the payments infrastructure for Best Buy’s new platform, Wellness.BestBuyHealth.com, a new convenient… Read More

November 30, 2023 @ 3:57 pm By Omar Faridi  |  

From Black Friday through Cyber Monday (BFCM), Stripe processed more than 300 million transactions with “a total payment volume of more than $18.6 billion.” It was reportedly the “largest ever” four-day period on Stripe. A Stripe public microsite “tracked these and a dozen other BFCM… Read More

November 20, 2023 @ 2:35 pm By Omar Faridi  |  

Vesta, a transaction guarantee platform, announced a partnership with Stripe, a financial infrastructure platform for businesses, in order “to enable a comprehensive fraud prevention and risk protection solution that indemnifies merchants from losses from fraudulent transactions.” Under the partnership, Vesta Payment Guarantee, which “provides 100%… Read More

November 2, 2023 @ 4:21 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today announced expanded support for JCB, a card network in Japan and one of the top payment networks in the world. JCB is now available on Stripe “in 39 countries and territories, making it easy for businesses in… Read More

October 12, 2023 @ 6:08 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, introduced its latest product innovations at Stripe Tour Singapore. Stripe products are positioning businesses of all sizes in Southeast Asia “to take advantage of surging consumer demand in the region for online goods and services.” A recent Stripe… Read More

October 1, 2023 @ 9:19 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, recently marked its tenth anniversary serving Irish businesses, “with the release of data revealing widespread, rapid growth in the country’s internet economy.” Over the last decade, conditions for Ireland’s internet businesses “have improved dramatically.” Homegrown startups now “have… Read More

September 25, 2023 @ 1:37 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, added new features to its optimized checkout suite to help users increase their revenue by making it easier for their customers to complete a purchase. The optimized checkout suite consolidates years of Stripe research into “a set of… Read More

September 11, 2023 @ 9:53 pm By Omar Faridi  |  

Scholar Fund is a non-profit offering education, workforce placement, and financial assistance for underserved communities. Recently, they managed the application and distribution of “a $5 million fund supporting over 6,000 Washington families and 20,000 children that are 200% below the poverty line.” To make this a… Read More

August 29, 2023 @ 10:19 am By Omar Faridi  |  

The team at Fintech Plaid are pleased to have Cecilia Frew join the open banking provider as their Head of Open Finance. As the industry comes together to establish data connectivity standards and embrace digital finance, Plaid’s relationship with financial institutions “continues to evolve.” Today,… Read More

August 18, 2023 @ 11:19 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today published a report showing striking confidence and investment in digital exports, beyond typical trade routes. It finds that a wide cross section of businesses are “planning ambitious expansion into new international markets, from the largest enterprises to… Read More

August 8, 2023 @ 9:22 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, recently announced that Steffan Tomlinson will join the company as chief financial officer. Steffan reportedly has more than 25 years of experience “in the finance industry, most notably with Confluent, Google Cloud, and Palo Alto Networks.” According to… Read More

June 30, 2023 @ 9:01 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced a partnership with Google Workspace to power paid appointment bookings with Google Calendar. The new feature, which is built on Stripe Connect and Stripe Checkout, “enables customers to pay for services directly while making a booking on… Read More

June 3, 2023 @ 10:13 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today announced a new charge card program for Stripe Issuing, Stripe’s commercial card issuing product. With the addition of charge cards, fintechs and platforms can “create and distribute virtual or physical charge cards that allow their customers to… Read More

May 22, 2023 @ 5:12 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, recently announced that it is partnering with Airbnb in order “to power bank payments for Airbnb guests.” Airbnb guests can now use Stripe Financial Connections “to securely and instantly add their bank account as a payment method.” Once… Read More

May 9, 2023 @ 9:44 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today unveiled Stripe Reader S700 to help businesses bring their online and in-person payments experiences closer together than ever before. The new, Android-based smart reader is “part of Stripe Terminal, a set of developer interfaces, pre-certified card readers,… Read More

May 4, 2023 @ 2:43 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced an expanded global partnership with Uber Technologies, Inc. Uber will significantly “expand its use of Stripe’s payments platform, including in the US, to reduce costs and give customers more flexible ways to pay for Uber Rides and… Read More

April 24, 2023 @ 6:51 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that its suite of unified commerce solutions is now available in Australia, “including Stripe Terminal with Tap to Pay on Android for in-person contactless payments.” In Australia, over three-quarters of consumer payments are “made with cards.” By… Read More

April 11, 2023 @ 11:35 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, released its annual letter from Cofounders John and Patrick Collison. The letter “takes stock of Stripe’s business, reflects on the past year, and shares the Collisons’ views on the trends shaping the online economy.” Collectively, businesses built on… Read More

April 1, 2023 @ 1:27 pm By Omar Faridi  |  

Regpack, a software leader that enables quick and simple automation of billing and other business processes, announced a partnership with Stripe, a financial infrastructure platform for businesses. With Stripe, Regpack will “enable its customers to expand services and receive payments in Euros, Yen and the… Read More

March 16, 2023 @ 7:33 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced OpenAI has chosen Stripe to power payments as it “moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies.” Stripe is also “incorporating OpenAI’s new natural language technology, GPT-4, into its products and services.” Peter Welinder,… Read More