Mastercard and Kraken to Promote Crypto Payments in EU and UK
The Kraken cryptocurrency platform has launched a payment-oriented partnership with Mastercard.
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Hong Kong’s Finance Sector Embraces GenAI
The adoption of generative artificial intelligence in Hong Kong’s financial sector is gaining momentum and shows steady signs that the process will continue.
Bank of America to Spend $4 Billion on AI and New Tech Initiatives
Bank of America intends to spend $4 billion on new initiatives, including artificial intelligence, in the current year.
Fiserv Acquires Pinch Payments
Fiserv stated that it had acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox.
Synchrony and Adobe Commerce to Offer Flexible Financing
Synchrony, a financial services company, has launched a new integration with Adobe Commerce.
Shopify and Affirm Expand Pay-Later Pact
Affirm and Shopify have expanded their pay-later offering outside the United States.
Weixin Pay Users to Receive Cross-Border Transfers From PayPal’s Xoom
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 Partners With Aritzia to Make Everyday Luxury Fashion More Accessible
Klarna brings flexible and interest-free payment options to Aritzia clients online and in select boutiques across the US and Canada.
Mastercard to Tackle Payment Fraud in Australia With Biometrics
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.
BlackRock Employs Anchorage Digital Capabilities for Additional Crypto Asset Custody
The increasing demand for digital assets from retail and institutional investors pushes asset managers like BlackRock to look for enhanced crypto custody capacity – that’s where Anchorage Digital steps in.
US Imposes New Tariffs on China
President of the United States Donald Trump intends on Wednesday, April 9, to impose huge levies of 104% on all goods imported from China.
French Fintech Pennylane Doubles Valuation
French accounting software company Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) as part of a new 75 million euro financing round.
Spreedly and EBANX to Promote Local Payments in LatAm
The open payments platform Spreedly has teamed with the payment service provider EBANX.
Hawk Raises $56 Million to Counter Financial Crime
Hawk, a fraud and money laundering prevention provider, raised $56 million.
Octane Raises $6.75 Million for Cybersecurity Solution for Blockchain
Octane startup, which operates in the cybersecurity area, has emerged from the shadows and announced that it has managed to raise $6.75 million as part of a seed funding round.
Ripple to Buy Prime Broker Hidden Road
Crypto company Ripple on Tuesday, April 8, announced that it has agreed to acquire prime brokerage firm Hidden Road.
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