Tagged: payments

Lightspark CEO David Marcus Reveals How Facebook-led Libra Initiative Was “Killed”

David Marcus, the current CEO and co-founder at Lightspark, which claims to be building the open Money Grid on Bitcoin (and previously who ran Payments/Crypto and Messenger at Meta) recently shared via social media just how the Facebook-led Libra(at one point called Diem) initiative was… Read More

Global Fintech Adyen and Doctolib to Streamline Consultation Payments

Adyen (ADYEN:AMS), the financial tech platform for businesses, and Doctolib, the European firm focused on digital healthcare services, are joining forces to offer medical professionals secure financial services. The partnership, which was launched in France and Italy, allows Doctolib to offer its users online payment solutions,… Read More

BNPL Fintech Affirm Shares Research Revealing Canadian Consumers Are Spending Smarter, Not Less

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, released new research revealing that despite economic uncertainty, Canadians are approaching their holiday shopping with “strategy, not restraint.” Affirm noted in a blog post the majority (71%) plan to spend the… Read More

dLocal Is Now a Certified Payment Initiation Service Provider for Pix, Streamlining Payments in Brazil

dLocal, the cross-border payment platform specializing in high-growth markets, marks a regulatory milestone by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorized by the Central Bank. This certification enables dLocal to facilitate Pix payments directly within the Open Finance ecosystem, enhancing the… Read More

Payment Processing Firm Solidgate Introduces Tax Compliance Platform

Solidgate — a payment processing platform that offers orchestration and acquiring capabilities —announced the launch of its Tax Compliance Platform, a solution designed to simplify VAT and sales tax management for digital businesses. Offering an alternative to outdated tax management tools, this new platform eliminates… Read More

Blindpay Leverages Bitso Business Technology to Connect Global Tech Firms with Latin America

Moving funds between nations has become an everyday task for businesses that want to expand operations and are always looking for solutions that allow them to connect with other markets and send funds in an efficient manner. This, according to an update from Bitso. Last… Read More

UK Consumers Turn to Cash After Experiencing Challenes with Card Payment Issues – Report

Nearly a quarter (22%) of UK adults have experienced card and phone payment issues in the last six months, with over two-thirds saying it’s made them more likely to carry cash, according to research from KPMG UK. Although the majority (76%) of UK consumers are… Read More

Digital Payments Fintech Checkout.com Announces Expansion into Japan

Global digital payments company, Checkout.com, announced its expansion into Japan supported by new direct acquiring capabilities. This move reflects Checkout.com’s commitment to delivering payment solutions across APAC, designed to meet the needs of domestic and global merchants. To lead this expansion, Checkout.com has appointed Noriko… Read More

Fintech Klarna Reports Profitable Q3 2024 as Key Partnerships Set Stage for Steady Business Growth

Klarna, the AI-powered global payments network and shopping assistant,  reported its financial results for the first nine months of 2024, achieving net income of SEK 216 million in Q3, up 57% YoY. Klarna noted that this marks the Fintech firm’s second profitable quarter, as the… Read More

Global Payments Fintech Klarna Partners with Lenovo

Klarna, the AI-powered global payments network and shopping assistant,  announced a global agreement with the technology solutions provider Lenovo. Consumers in 15 European countries are now able to pay for their tech purchases at Lenovo.com using Klarna’s flexible payment methods, including its popular interest-free Buy… Read More

Trump Media Files Trademark for TRUTHFI, a Digital Wallet and Payments Provider

On November 18th, Trump Media (NASDAQ:DJT) filed a Trademark application for TRUTHFI, a crypto service. This report follows the news that Trump Media was in discussion to acquire Bakkt (NYSE:BKKT), a crypto trading platform controlled by ICE, the parent company of the New York Stock Exchange…. Read More

UK Consumers Still Carrying Cash for Emergencies Despite Increasing Digital Payments Adoption – Report

Research from NatWest reveals the fast pace of change in the payments behaviors of consumers across the United Kingdom. As digital payments become more available, in 2024, merely 8% of adults report that they still use cash and coins “all of the time,” according to… Read More

Nick Campbell of Xplor Technologies Comments on How Regulations Including PSD3 in the EU May Impact Payments Innovation

More changes are expect to the payments landscape during 2025. Looking back at 2024 – the sector has seen the rise of real-time payments, greater cross-border growth and the acceleration of digital wallets. So, what can we expect in 2025? Nick Campbell, Chief Product Officer… Read More

AI Adoption in Fintech Apps to Focus on Improving Fraud Prevention and ID Verification – Report

Juniper Research has shared key fintech and payments trends in order to  provide industry stakeholders, including banks, intermediaries, and providers, with foresight into emerging technological shifts and market opportunities. Juniper Research stays focused on on identifying and “evaluating the latest disruptive trends in fintech, payments,… Read More

Crypto.com and Triple-A to Support Direct Crypto Payments

Crypto.com and Triple-A announced a partnership that will provide Crypto.com’s customer base access to a range of new merchants. Beginning in Singapore, Crypto.com users can soon make purchases from e-commerce brands directly with crypto from “within their trusted Crypto.com wallet while earning exclusive crypto rewards.”… Read More

Zing and Checkout.com to Enhance Digital Payments Methods

International payments app Zing, and digital payments provider, Checkout.com, announced a partnership to support the launch of a new suite of alternative payment methods integrated into Zing’s app. Zing members can now use multiple top-up tools, including mobile wallets, Apple Pay, and Google Pay, made… Read More

Are New Payment Rules Issued by CFPB a Covert Attack on X and Elon Musk?

Earlier today, the Consumer Financial Protection Bureau (CFBP) issued final rules on non-bank firms providing payments and transfers. Digital payments have become the norm as people adopt digital wallets, hosted on their smartphones, as simpler and quicker way to transfer funds. While there are many… Read More

Financial Technology Association Slams CFPBs New Payments Rule

The Financial Technology Association (FTA) has issued a statement criticizing the Consumer Financial Protection Bureau’s new rules addressing digital payments and transfers. The CFPB revealed final rules today that are said to “strengthen oversight of large technology firms in consumer financial markets” that offer digital… Read More

Mercuryo Aims to Support 30 Web3 Startups

Mercuryo has launched a new program that aims to support 30 Web3 startups. Mercuryo is a payments enabler that seeks to create “a new generation of financial services” by leveraging crypto. The company says that it has decided to support Web3 entrepreneurs as it is… Read More

Consumer Financial Protection Bureau Announces Final Rules on Non-Bank Digital Payments, Transfers

The Consumer Financial Protection Bureau (CFPB) has announced final rules for non-bank digital payments and transfers. The payments sector of Fintech is one of the hottest segments of innovation, as users have quickly adopted digital wallets and more efficient payment methods. The CFPB’s move is… Read More

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