Latest Results from /payments
/payments
Shares in Adyen jumped 35% on Thursday on news that the payment processor has lowered its growth targets for the next three years, providing investors with more clarity over its medium-term future.
09 November 2023
Following its reccent integration with Stripe, TrueLayer's new A2A payments app has nowgone live in the Shopify App Store, allowing UK and EU merchants to add open banking payments to their checkout.
UK credit card management app Cardeo is closing its doors after failing to find fresh investment to keep the firm afloat.
Visa has launched an advisory practice to help clients unlock the potential of artificial intelligence.
Ripple has joined forces with Onafriq (previously called MFS Africa) to power digital asset-enabled cross-border payments between Africa and a host of other countries.
Not a single stablecoin monitored by the Bank for International Settlements has succeeded in maintaining parity with its currency peg, leading to uncomfortable questions about the their utility in the real economy.
The Federal Trade Commission and the State of Florida have reached a settlement with Chargebacks911 that prohibits the “chargeback mitigation” firm from working with certain high-risk clients and using deceptive tactics to stop consumers trying to dispute charges.
The European Council and European Parliament have struck a provisional agreement on the mandatory provision of instant credit transfers in euros and access to central bank payment rails by non-bank e-money institutions and stablecoin issuers.
08 November 2023
Goldman Sachs is preparing to sell off its General Motors credit card programme as part of its wider retreat from the retail market, according to the Wall Street Journal.
Nearly half of all banks are looking to buy majority stakes in fintechs to fend off the threat from Big Tech companies muscling into the payments arena, according to an Economist Impact report.
The Consumer Financial Protection Bureau (CFPB) wants to regulate tech giants such as Apple and Google that offer digital payment apps and wallets.
07 November 2023
Blockchain-based international payments startup Due has raised $3.3 million in seed funding.
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