Swift estimates that adopting Case Management early could help the financial industry save more than $600 million each year in operational and liquidity expenses, while also potentially increasing gross revenue by 3–5%.
Toku raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Chile, Brazil, and Mexico.
AEON partners with Stellar blockchain to support payments using $XLM and Stellar-based USDC for e-commerce purposes.
Millions of buyers and sellers around the world using the eBay platform will have even more seamless e-commerce experiences, as the marketplace partners with Checkout.com.
Klarna partners with Clover, a point-of-sale system developed by Fiserv, to scale its in-store payment network.
Together, PayPal and TerraPay aim to make cross-border transactions across the Middle East and Africa faster, easier to use and more accessible.
Jack Dorsey, a cryptocurrency entrepreneur, and former Twitter chief executive officer, encourages Signal Messenger to integrate Bitcoin for peer-to-peer (P2P) payments, which could potentially contribute to the shift as part of the crypto strategy of the virtual platform away from altcoins.
Affirm and Shopify have expanded their pay-later offering outside the United States.
PayPal’s money transfer service, Xoom, will enable Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the partnership with Tenpay Global.
Klarna brings flexible and interest-free payment options to Aritzia clients online and in select boutiques across the US and Canada.
In Australia, card-related payment fraud neared $1 billion in 2024. Mastercard suggests biometrics and other advanced security measures will help alleviate the problem by the end of the decade.
The open payments platform Spreedly has teamed with the payment service provider EBANX.
Visa unveiled three new value-added services that are designed to simplify and enhance the security of the payment acceptance process.
Pay-later platform Klarna announced the launch of a partnership with the Eurostar railway service.
Starting July, UK customers will start seeing personalised PayPal ads and enjoy an enhanced shopping experience with the payment leader’s innovative marketing solution.
Highnote is launching a new payment processing service with the assistance of Feedzai – an AI-driven financial crime prevention company.
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