GoCardless unveils US debit solution
UK-based payments scaleup GoCardless has launched a US debit solution.
Traditional banks who don’t innovate could lose $280bn by 2025
The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.
Klarna helps H&M introduce a new pay later option in the United Kingdom
British H&M customers can now buy new threads and pay later thanks to a new solution provided by Klarna, the Swedish FinTech unicorn.
How did digital wallet FinTech Paytm lose $549m last year?
Indian FinTech unicorn Paytm lost $549m in the financial year ending in March.
PayPal suspends Ku Klux Klan fundraising account
Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.
Payments unicorn Revolut is opening a new centre in Portugal
Revolut has announced plans to open a customer operation centre in Porto, Portugal. The move will create 400 new jobs, according to the payments app.
Rapyd partners with Hong Kong-based TNG FinTech Group for global cashless transactions boost
Payments company Rapyd has added TNG FinTech Group, the Hong Kong-based e-wallet and e-money platform provider, to its network.
Wirecard working together with WHSmith to expand the retailer’s digital payment offerings
Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.
SnapPay introduces Alipay and WeChat Pay to Canadian and US business owners
Toronto-founded SnapPay, the provider of international payment solutions, is now offering small and independent businesses the opportunity to implement the Chinese payment applications Alipay and WeChat Pay.
CardX raises $2m in growth equity from Pace Financial
CardX, which builds technology solutions for credit card surcharging, has raised an additional $2m in growth financing.
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