Stripe Valuation Nears $106B
Stripe is reportedly negotiating a share buyback which will bring its valuation well over its 2021 peak of $95 billion.
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CellPoint Digital Launches One Source Orchestration to Support Airlines’ Shift to OOSD Retailing
Airlines and travel merchants are changing how they sell and deliver their products, increasingly using OOSD retail models, which CellPoint Digital OSO platform aims to support.
Global Payments Revenue to Reach $2.4T by 2029
Although annual revenue growth is expected to slow from 8.8% to 4.0% within the next five years, global payments revenue is still forecast to increase to $2.4 trillion by 2029, as agentic AI, digital currencies, and fintech business models boost the growth.
Korean Won Stablecoin Ecosystem Grows With Chainlink & SOOHO.IO Project Namsan
A consortium initiative Namsan, led by SOOHO.IO and Chainlink to pioneer the Korean won stablecoin ecosystem, has conducted a live pilot for foreign tourists, where USD-based stablecoins were exchanged to Korean won digital vouchers at conversion fees more than 30% lower than conventional FX channels offer.
EvoluteIQ Secures €44M to Expand Agentic AI Architecture
EvoluteIQ describes itself as an end-to-end hyperautomation platform that brings together process orchestration, data and event processing, agentic and generative AI, ML, enterprise connectivity, and front-end application development.
BBVA Enables Instant Cross-Border Transfers From Outside the Eurozone
In an effort to bridge the gap between instant payment expectations and slow processing caused by inefficient cross-border payment rails, BBVA introduces instant payments for cross-border transfers coming from outside the eurozone.
Plaid Agrees to Pay JPMorgan Extra Fees for Customer Data
As major U.S. banks, including JPMorgan Chase and PNC, propose hefty fees for consumer data access, and the the US Consumer Financial Protection Bureau has not yet decided on the matter, Plaid agrees to pay an undisclosed fee amount to JPMorgan in an extension of their data access agreement.
Google to Propel AI Commerce With New Agent Payments Protocol
AI commerce is becoming more of a buzzword supported by Big Tech solutions like a new open protocol delivered by Google.
Klarna Brings Installment Plans to Apple Pay In-Store in US and UK
Klarna customers using Apple Pay in the US and UK will now be able to purchase items at flexible terms in stores.
Kushki PayOuts Fuel LATAM Gaming and Gambling Industry Profitability
As gaming and online betting surge across Latin America, Kushki is stepping in with direct PayOuts to Visa and Mastercard cards helping operators streamline payments and maximize returns.
Saudi Fintech Unicorn Tamara Secures Up to $2.4B to Expand Credit and Payment Products
Tamara raised fresh asset-backed funding facility from major financial institutions, including Goldman Sachs, Citi, and Apollo funds.
UnionPay International Pilots Cross-Border QR Payment Linkage for China-Indonesia Corridor
Unified QR payment infrastructure helps international trading partners to avoid all the unpleasant aspects of fragmented cross-border payment systems. For China and Indonesia, UnionPay International aims to facilitate the task.
Citi and US Bank Pioneer Mastercard’s Agent Pay Ahead of Global Launch
Mastercard’s Agent Pay solution, unveiled in April, will soon debut globally, with Citi and US Bank customers being the first to test AI-enabled shopping features.
Paytently and Mastercard Join Efforts to Launch Open Banking Payment Solution
Paytently has partnered with Mastercard to introduce an open banking payment solution that enables direct account-to-account checkout, helping merchants improve conversion rates and cash flow.
Remitly Introduces Remitly One, Single Financial Membership for Multiple Products
Remitly One is the new unified membership program designed to help customers send money, manage multiple currencies, and earn rewards — all in one secure platform.
Oman Air Taps CellPoint Digital to Reduce Revenue Loss from Booking Abandonment
Oman Air has partnered with CellPoint Digital to expand payment options in its booking system, as every year, airlines lose millions not because of ticket prices, but because travelers abandon bookings when they can’t pay the way they want.
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