WeLab and Google Collaborate for AI-Driven Digital Banking Services in Asia
WeLab and Google partner to potentially deliver AI-powered financial services to 500 million users by 2032.
News - page 93
Mastercard & Smile ID to Advance ID Verification Across Africa
Mastercard is expanding the scope of its cooperation with SmileID to accelerate the use of advanced identity verification tools for customer onboarding across the African continent.
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
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
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
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
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
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.
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