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Latest Results from /payments

/payments

Mexican fintech Clip raises $100m

Mexican payments and commerce firm Clip has raised $100 million in a financing round joined by funds managed by Morgan Stanley Tactical Value and an unnamed fund manager.

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Wholesale, not retail, CBDCs more likely to be issued in near-term - BIS

There has been a sharp uptick in experiments and pilots with wholesale central bank digital currencies over the last year, according to the Bank for International Settlements.

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EBAday 2024: Challenges and benefits of CBDCs

What is the future of CBDCs in Europe and what do experts expect from stablecoin adoption? These questions were answered at EBAday 2024 in Lisbon where leaders in digital currencies examined what the future holds for digital assets.

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EBAday 2024: Turning European dialogue into solutions for the new payments era

Wolfgang Ehrmann, chairman of the board at Euro Banking Association (EBA) kicked off the first day of the 19th EBAday with a speech welcoming all delegates.

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BNPL firm Laybuy enters receivership

New Zealand-based Buy now, pay later lender Laybuy has entered receivership after failing to find a buyer for the ailing business.

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Swift bids to connects VoP schemes across Europe

Bank-to-bank payment messaging network Swift is working to facilitate interoperability of Verifcation of Payee schemes across Europe as new research shows that 83% of SMEs across France, Germany, Italy and Spain rank upfront beneficiary checks as important to them in trading across borders.

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Lunar and SAS partner for debit card

Danish neobank Lunar has launched a debit card with Scandinavian Airlines (SAS) that allows users to gain and use EuroBonus points.

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Apple shuts down Apple Pay Later

Apple is killing off its buy now, pay later service just a year after launch as it switches its focus to working with third parties for instalment loans.

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Thought Machine becomes Mastercard core banking partner

Thought Machine has become Mastercard's first strategic end-to-end core banking partner, with the pair offering their combined capabilities to financial institutions looking to modernise their technology stacks.

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Finextra launches NextGen:AI, a new event defining AI's future in financial services

Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.

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BNP Paribas and BPCE announce strategic payments partnership

The banking groups have publicised plans to jointly acquire payments processing technology for card holders and merchants.

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Walmart introduces digital shelf labels to 2,300 stores

The new technology enables the US giant to streamline pricing, improving the experience for both customers and associates.