Stripe Expands Partnership With Tencent and Weixin Pay Availability
From now on, Weixin Pay, a version of WeChat Pay, is available not only for online payments powered by Stripe but also for in-person shopping via Stripe Terminal in 20 countries.
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Former Y Combinator President Launches New AI Safety Fund
Geoff Ralston this week announced his return to a formal investment ring.
Swift Enhances Case Management to Optimise Payment Investigations
Swift estimates that adopting Case Management early could help the financial industry save more than $600 million each year in operational and liquidity expenses, while also potentially increasing gross revenue by 3–5%.
Netflix Reports Earnings
Netflix has released information about its earnings for the first quarter of 2025.
Security Startup Pillar Raises $9 Million
Pillar Security startup raised $9 million in seed funding to expand its research and development and support its go-to-market efforts.
Shein and Temu to Increase US Prices
Chinese online retailers Shein and Temu have notified US consumers that prices on their respective e-commerce platforms will increase from April 25.
SoFi Adds Funds in Commitments to Loan Platform Business
SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.
KeyCorp’s Commercial Payments Business Demonstrates Growth
KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.
Toku Raises $48 Million
Toku raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Chile, Brazil, and Mexico.
AEON Teams Up with Stellar to Grow Web3 Mobile Payments in Southeast Asia
AEON partners with Stellar blockchain to support payments using $XLM and Stellar-based USDC for e-commerce purposes.
Governments Agree on Green Shipping Guidelines
The international maritime regulator has established new rules to reduce greenhouse gas emissions from global shipping practices and agreed on the penalties for those missing the set objectives.
AI Startups Raise $73B in Q1
Over half of the quarterly AI startup investments were brought in by a March $40 billion funding round secured by the industry leader – OpenAI.
Agentic AI in E-Commerce
Even online shopping can be painstaking, given the manifold selection of products and e-commerce stores. If the mere thought of browsing through myriads of online shops’ inventory items, comparing prices and logistic options leaves you feeling exhausted – agentic AI is on its way to the rescue mission.
Nvidia CEO Visits Beijing
Nvidia Corp. chief executive officer Jensen Huang arrived in Beijing after the administration of United States President Donald Trump barred the company from the sale of the H20 artificial intelligence chip to China.
TSMC Reports Earnings
Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.
Western Union Develops Media Network Business
Western Union is committed to developing its new Media Network business through collaboration with Magnite, an independent sell-side advertising company.
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