News - page 69

Swift Sets Forth New Framework for Retail Cross-Border Payments
Fintech & Ecommerce

Swift Sets Forth New Framework for Retail Cross-Border Payments

Under its new plan, Swift will enforce clear costs and predictable timing for cross-border retail transactions, promising full value delivery, fee transparency, and instant settlement when local systems permit.

Cloudflare to Launch NET Dollar Stablecoin for Agentic Payments
Blockchain & Crypto

Cloudflare to Launch NET Dollar Stablecoin for Agentic Payments

NET dollar digital currency will be specifically designed by Cloudflare to support the emerging AI-to-AI agent payment model which is actively promoted by fintech players worldwide.

Pix Parcelado Promises Brazil BNPL Market a Brighter Future While Local Fintechs Race to Embed Flexible Installments
Articles

Pix Parcelado Promises Brazil BNPL Market a Brighter Future While Local Fintechs Race to Embed Flexible Installments

As Brazil fintech players eagerly await the arrival of Pix Parcelado, revolutionary installment purchases without a credit card, BNPL gains extra traction in the country. Here’s what you should know.

Klarna Card Reaches 1M User Milestone in US
Fintech & Ecommerce

Klarna Card Reaches 1M User Milestone in US

In just 11 weeks since its launch in the US, debit-first Klarna Card has received 1 million sign-ups from local customers prefering the benefits of payment flexibility linked to greater control over their finances.

Stripe Valuation Nears $106B
Fintech & Ecommerce

Stripe Valuation Nears $106B

Stripe is reportedly negotiating a share buyback which will bring its valuation well over its 2021 peak of $95 billion.

CellPoint Digital Launches One Source Orchestration to Support Airlines’ Shift to OOSD Retailing
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Blockchain & Crypto

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
Science & Technology

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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.