PayPal and Will Ferrell to Promote Updated Pay-Later Program
PayPal has stated that it is adding new features to its Buy Now, Pay Later (BNPL) offering.
Fintech & Ecommerce
ESG Book LEO Transforms Sustainability Reporting for Corporates and Finance
ESG Book has introduced the LEO cloud solution, designed specifically for financial institutions and corporates to meet sustainability due diligence and disclosure requirements.
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.
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.
Airwallex Reportedly Intends to Seek UK and US Banking Licenses
The media published information according to which Singapore-based payment startup Airwallex intends to expand into lending.
ServiceNow to Acquire Logik.ai, Boosting CRM Capabilities
Logik.ai will enhance ServiceNow existing offering with a flexible, AI-powered CPQ platform that streamlines complex sales processes, improves customer experience, and offers smarter, end-to-end transaction management.
Amazon Tests Third-Party Product Discovery Feature
Buy for Me service, which enables customers to buy from other brand retailer websites, is currently in the beta testing stage within the Amazon Shopping app.
Fintech & Ecommerce
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