The media published information according to which Perplexity AI, which is gradually becoming an increasingly powerful player in the global artificial intelligence industry, is currently in preliminary negotiations on raising investments worth $500 million at a valuation of $14 billion.
Dubai Finance and Crypto.com partner to allow UAE citizens to pay for government services with crypto.
Merchants who use Adyen platform will soon benefit from even more secure credit card transactions with JCB Card-on-File (COF) Tokenization technology.
E-commerce subscriptions are doubling every year, with Gen Z driving its snowballing popularity. Where there’s demand for subscriptions, there’s also a need for efficiency in recurring payments. CVRPs are getting significant interest share from merchants and payment service providers, making them a potential new stage in open banking progress.
Not only do Gen Z and millennials in the U.S. embrace virtual cards, but also older age cohorts resort to this innovative payment method if providers manage to raise proper awareness.
Byline Bank on Monday, May 12, announced the expansion of the Payments and Fintech Banking division.
Saudi Arabia has launched a company to invest across the artificial intelligence value chain.
Alipay has launched a voice call feature that allows consumers to double-check their real identity before making fund transfers.
NymCard, the leading embedded finance platform in the MENA region (Middle East and North Africa), has announced that it has been officially licensed to provide Open Finance services to consumers.
DeFi Technologies, which operates in the fintech industry and is a pioneer in the area of convergence of traditional capital markets with the decentralized finance sector, announced that it has received approval to list its common shares on the Nasdaq Capital Market.
Wirex Business aims to make stablecoin payments mainstream in corporate settings, integrating them with both BASE and traditional enterprise-grade infrastructure.
The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.
Ant International is launching a partnership with Barclays, a leading financial institution in the banking sector of the United Kingdom.
Rippling, a workforce management platform, announced that it has raised new funding worth $450 million and signed an agreement to repurchase shares worth up to $200 million from the current and former employees.
Sage, a leader in the areas of accounting, finance, HR, and payroll technologies for small and medium-sized businesses, announced new progress made as part of its ongoing process of engagement with Amazon Web Services (AWS).
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