Fintech

Coinbase and Stripe announced a strategic partnership that will give their respective platforms’ capabilities in handling fiat-to-crypto and crypto-to-fiat transactions. Under the agreement, Stripe and Coinbase will benefit from three key integrations. First, Stripe users will have the option to receive crypto payouts in stablecoin USD Coin (USDC) on Base. Customers will also be able to […]

A significant shift is occurring in consumer payment habits, with an increasing number of individuals embracing digital payment methods in their daily lives. A recent survey conducted by a leading industry association revealed that 59% of respondents in Germany are now opting for contactless transactions using their smartphones or smartwatches. When including contactless card payments, […]

As buy now, pay later (BNPL) options become more common around the world, the Land Down Under is leading the charge by a considerable margin. By the Numbers On Wednesday (June 26), PYMNTS Intelligence released this year’s edition of the “How the World Does Digital” report, which surveyed a whopping 67,000 consumers across 11 countries […]

As summer travel season kicks off, the importance of digital wallets in enhancing travel experiences is clear, with three-quarters of US travellers now using them on their trips. Addressing the need for secure digital payment solutions, Visa has introduced its Digital Emergency Card Replacement service. Digital wallets have become an integral aspect of the travel experience for […]

Swiss fintech Fiat24 joins Web3-powered ONTO Wallet to offer users an easy entry into decentralized banking features. The Web3 innovation continues transforming how individuals interact with technology. Central to this transformation is the emergence of decentralized identity (DID) systems, which have the potential to stand as a reliable alternative to traditional identification methods. DID systems […]

The Bank of America has moved to support Simply Asset Finance, a fintech that focuses on lending to SMEs, with a loan facility worth up to $120 million. The loan facility has an accordion feature to extend to $120 million, but the initial facility is for $60 million. The feature will allow Simpli to increase […]

Thousands of Barclays, HSBC, Nationwide and Virgin Money customers have been hit by a payments problem that has seen some people not receiving their salaries. On a day when many Brits get paid, a “third-party payments issues” has affected the lenders, according to Nationwide. Pay UK has confirmed that the issues arise from an issue […]

Recognizing the popularity of both travel rewards cards and digital wallets, Visa introduced its Digital Emergency Card Replacement, a new service that delivers a digital card replacement to travelers who have lost their physical credit or debit card. Digital wallets have become an essential part of the travel experience for many, with 74% of U.S. travelers now […]

The sun is out, school is out, and summer vacation season is in full swing. Whether you’re jet-setting to Paris for the 2024 Olympics or staycationing in Seattle, mobile payments can make your travels smoother and safer. According to Visa, digital wallets have become an essential part of the travel experience for many, with 74% […]

Cashless payments are becoming more prominent globally, though there are significant variations across countries. Belgium, Brazil, China, the Czech Republic, France, Germany, Japan, the Netherlands, Spain, and the U.S. are best positioned to go totally cashless. In lieu of cash, consumers increasingly use debit or credit cards, as well as payment services such as Apple Pay, PayPal, […]