Digital Takes Over: Visa’s 2025 Report Shows Apps Now Dominate North America’s Remittance Landscape
Visa’s latest Money Travels: 2025 Digital Remittances Adoption Report reveals a strong shift toward digital remittance apps in North America.
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Mastercard and National ITMX Extend Strategic Collaboration Powering Thailand’s Instant Payments
Thailand’s PromptPay has had a dramatic impact on the national payment landscape, which will continue to expand as Mastercard and National ITMX agree to carry their cooperation forward.
Alipay+ Enables First Smart Glasses E-Wallet Payment with AlipayHK & Meizu
The revolutionary Alipay+ transaction with a payment solution for global e-wallets embedded within Meizu StarV Snap smart glasses is an important milestone for the whole fintech industry.
Lunar Expands Payment Processing Capabilities Via Wise & Visa Partnerships
Digital challenger Lunar becomes the first bank in the Nordics to start Visa card processing on Pismo’s cloud platform, while its partnership with Wise allows Lunar customers to send money abroad at favourable terms.
Unzer to Support EPI Wero Rollout
German fintech Unzer joins the ranks of the European Payments Initiative (EPI) to advocate for the unified EU payment infrastructure enabled by the digital wallet Wero.
Databricks Acquires Startup Neon
Data and artificial intelligence company Databricks acquires Neon, which is a database startup.
TensorWave Raises $100 Million
TensorWave, a Las Vegas-based startup specializing in the development of artificial intelligence infrastructure, announced on Wednesday, May 14, that it managed to raise $100 million in the latest round of financing.
Monzo Introduces Payment Reversal Option
Monzo customers may now have up to a minute to decide whether they want a transaction to proceed, thanks to the new payment reversal feature.
Perplexity Selects PayPal for AI-Powered Payments Within Its Agentic Commerce System
Perplexity and PayPal will allow AI agents on the Perplexity Pro platform to pay for products, travel bookings, or tickets requested by users.
Robinhood to Buy WonderFi
United States-based financial company Robinhood is buying WonderFi, the Canadian crypto operator of Bitbuy and Coinsquare.
Citi Predicts Stablecoin Market to Hit $3.7 Trillion by 2030
Citi predicts that the financial volume of the stablecoins market could reach $3.7 trillion by the end of the current decade.
Stash to Add AI to Financial Guidance Platform
Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence for the company’s financial guidance platform.
Google Says Gemma AI Model Surpasses 150 Million Downloads
Google reported that its Gemma open-source artificial intelligence model has been downloaded by users more than 150 million times.
Perplexity AI Reportedly Plans to Launch Browser
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 to Enable Crypto Payments for Government Services
Dubai Finance and Crypto.com partner to allow UAE citizens to pay for government services with crypto.
Adyen to Offer JCB Card-on-File Tokenization
Merchants who use Adyen platform will soon benefit from even more secure credit card transactions with JCB Card-on-File (COF) Tokenization technology.
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