Banks, payment rails, lending and the firms rebuilding them.
NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Bank Pekao S.A., one of the largest financial institutions in Central and Eastern Europe, has selected the Atleos…
Former PayPal and Intuit CEO Bill Harris has unveiled his latest venture, a personalised AI-powered financial advice app called Evergreen.ai.
Watch more: Digital Shift With Viggo Stenseth of SolvaPay The payments industry has devoted much effort to making sure a bot can’t pass for a customer. Agentic commerce brings a new complication, as some bots are supposed to buy things. SolvaPay, a Stockholm-based FinTech, is building…
Credit card installment plans are turning the biggest promise of buy now, pay later (BNPL) into an advantage for the card industry. A PYMNTS Intelligence report, “The Pay Later Data Shift: Credit Card Installments Take the Lead,” finds consumers used card installment plans at more than twice…
Mynt is entering the IPO market amid heightened uncertainty in global markets.
Citi has launched Mastercard’s subscription management capability, Smart Subscriptions, in the United Arab Emirates (UAE), Mastercard said in a Thursday (Sept. 17) press release. The launch marks Citi’s first deployment of Smart Subscriptions anywhere in the world, and Mastercard’s first…
Toronto-based investment firm Portage has raised US$600 million for its latest fintech fund.
For payments firms, direct access to the Federal Reserve can remove an intermediary from the chain between a transaction and settlement. For banks, expanding that access raises another question: Which firms should be allowed to connect directly to central bank infrastructure, and under…
CFOs have typically solved payments problems by buying more payments technology. A new rail for faster settlement, another provider for cross-border payments. Fraud software, treasury platforms, AP automation, virtual card capabilities, and countless APIs connecting everything. Of course,…
What practical considerations should the industry have for building a more connected and efficient payments ecosystem?
In five years’ time, will AI make payments more efficient, or will it fundamentally change how money moves around the world?
Plaid and digital identity wallet ID.me launched a benefits payments partnership, according to a Thursday (Sept. 17) news release. The collaboration is designed to combine ID.me’s wallet with Plaid’s financial account verification tools, letting government agencies confirm that the…
Business payments firm Bottomline introduced a Software-as-a-Service (SaaS) platform designed to improve payment messaging, according to a Thursday (Sept. 17) news release. Global Pay Connect is aimed at helping “financial institutions extend their payments infrastructure beyond…
Revolut’s co-founder and CEO says the FinTech is considering a dual London and New York stock market listing. In an interview Thursday (Sept. 17) with French newspaper Les Echos, Nik Storonsky said the company wanted to list in the U.S. as the market there provides more liquidity and a…
Citi has launched Smart Subscriptions in the UAE, marking its first deployment of the solution anywhere in the world and selecting the UAE as its global launch market.
Manchester-based payments infrastructure platform Ryft is targeting Europe and the US after raising £20 million in a Series B funding round.
How is the industry is moving past the ‘cards versus Pay by Bank’ binary to focus on consumer payments as a whole?
Author: A finextra community member…
Grab, the Singapore-based firm that began life as a ride-hailing app before expanding heavily into financial services, has agreed to purchase a 60% stake in buy now, pay later provider Atome Financial for $1.49 billion in cash.
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