Latest Payments News: Finextra Research

JPMorgan plans major roll out of biometric payments

JPMorgan Chase is planning a broad roll out of biometric payments with US retailers by early next year, enabling shoppers to make purchases by scanning their palms or faces.

14 March 2024

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Rabobank and iDeal bid to smooth online payments

Dutch payments firm iDeal has partnered Rabobank to pilot a feature that makes it easier to make purchases at online stores.

14 March 2024

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Stripe passes $1 trillion in payments volume

Stripe says that businesses running on its platform processed more than $1 trillion in 2023, up 25% on the previous year.

13 March 2024

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MPE 2024: What does a smart city look like?

In a keynote presentation at Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, president of Elavon explored what a smart city could look like in 2030, using Venice, Italy as a case study.

13 March 2024

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MPE 2024: What will be the impact of a digital euro?

At the Merchant Payments Ecosystem 2024 conference in Berlin, Evelien Witlox from the European Central Bank (ECB) presented a keynote on the possibilities of a digital euro.

13 March 2024

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PPRO raises €85 million

E-commerce payments firm PPRO has completed a dual tranche funding round totalling €85 million.

13 March 2024

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Court tells Klarna to pay $733,000 over GDPR failings

Klarna must pay a fine of nearly three quarters of a million dollars for violating the EU's General Data Protection Regulation (GDPR), a Swedish court of appeal has ruled.

13 March 2024

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Visa and Taulia/SAP form embedded finance partnership

Visa has teamed up with SAP-owned supply chain finance outfit Taulia to make embedded finance accessible to businesses worldwide.

13 March 2024

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Mastercard launches open banking-powered subscription management tool

Mastercard has launched an open banking-powered subscriptions management tool that banks can plug into their apps.

13 March 2024

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MPE 2024: How are merchants implementing AI in payments?

At the Merchants Payments Ecosystem conference 2024, Chairwoman Anna Maj moderated the session ‘Next-Generation Technologies for Merchant Payments’, speaking to a panel of experts including Bartosz Skwarczek of GZA Capital Group, Galit Shani-Michel from Forter, Bono van Nijnatten from ASOS Payments, and Francesco Burelli of Arkwright Consulting. Maj questioned the panelists on how AI is being used in merchant payments and where AI can take their companies in the future.

12 March 2024

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MPE 2024: What’s new for merchant payments and the role of digital wallets?

At the annual Merchant Payments Ecosystem conference in Berlin, businesses and leaders in payments come together to exchange ideas, perspectives, and visions in the merchant payments industry.

12 March 2024

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US Chamber of Commerce files suit against CFPB over late card fees

The US Chamber of Commerce has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) to stop it from implementing a rule to limit late credit card fees.

12 March 2024

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