Fintech

British shoppers risk starting the New Year with a debt time-bomb after spending a record £3.4 billion using the buy now, pay later (BNPL) type of credit over the festive period. New figures showed that more consumers than ever have turned to the unregulated form of credit to fund Christmas this year. Despite Labour’s vow […]

Elon Musk has never been one to shy away from bold ventures, and his latest ambition might just blur the lines between social media and banking. With his recent appointment as the Minister of Government Efficiency in a prospective Trump administration, Musk appears poised to leverage his influence and experience to transform X—formerly known as […]

Mastercard has announced a partnership with Dgpays, a financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across Eastern Europe, the Middle East, and Africa (EEMEA). As part of the partnership, Mastercard and Dgpays will co-develop advanced payment technologies and loyalty solutions tailored to the unique needs of markets […]

Mastercard has announced a partnership with Dgpays, a financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across Eastern Europe, the Middle East, and Africa (EEMEA). As part of the partnership, Mastercard and Dgpays will co-develop advanced payment technologies and loyalty solutions tailored to the unique needs of markets […]

The onchain payments facility comes from Flexa, a company which builds commerce tools to make it easy for companies of all sizes, from small businesses to mainstream retailers, to accept crypto. To promote the offering, Regal will offer US moviegoers a 10% discount on tickets and concessions when they pay onchain in person with USDC […]

Fiserv made its move into embedded finance in October last year, making capabilities from its merchant acceptance, banking, and card issuing businesses available to others through a set of APIs. The acquisition of Payfare complements the embedded finance solutions of Fiserv with card programme management, a white-label consumer app, and a microservices orchestration layer. Frank […]

Banks are striving for digital innovation but regulatory constraints, data security and privacy concerns, integration challenges, and the high costs of enabling change prevent 70% from achieving their transformation goals. Considering the speed that technology is evolving, the alternative of standing still isn’t an option. How can banks cross the threshold into a digital future to enhance experiences, […]

Holiday shopping is wrapping up and if you realize you accidentally bought your son the wrong color race car, you might be looking to return or exchange the item. But how do you do this if you used a Buy Now Pay Later plan? In most cases, you’ll be able to initiate a return the […]

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved PayRetailers, the payments processor in Latin America and Africa, to acquire Transfeera, a fintech focused on payment solutions for businesses. As PayRetailers looks to expand its presence in Brazil, it hopes the acquisition of Transfeera will enable it to gain direct access to Pix, the […]

South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service using QR codes across China. Naver said it is the first Korean company to offer such QR payment and online transaction services in partnership with WeChat Pay, also known […]