Retail enablement company Zid closes Series B
Saudi Arabia-based Zid, which stylises itself as a retail enablement company, has raised $50m for its Series B funding round.
Financial services fear fraud rise with cost-of-living crisis
Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
BlueSnap, BitPay partner to improve crypto payments
Global payment orchestration platform BlueSnap has partnered with BitPay, a bitcoin and cryptocurrency payment services provider, to improve access to crypto business payments.
Searches for ‘delete PayPal’ surge by 1,392%
Searches for ‘delete PayPal’ have exploded by 1,392%, following the announcement of its $2,500 fine for spreading misinformation.
Strong Customer Authentication non-compliance costs £2m in sales
Businesses not compliant with Strong Customer Authentication (SCA) miss out on £2m in sales each day, a report from Barclaycard Payments claims.
Satispay becomes Italian unicorn with €320m raise
Satispay, a Milan-based payment network, has raised €320m in Series D funding, exceeding a €1bn valuation.
Kafene bags $18m to serve the underbanked
Kafene, a digital platform helping merchants offer flexible lease-to-own (LTO) financing options has raised $18m in Series B funding.
Contactless payment transaction value to reach $10trn by 2027
The value of contactless payment transactions is expected to reach $10trn by 2027, up from $4.6trn in 2022, according to data from Juniper Research.
KodyPay closes pre-Series A to transform payment acceptance
KodyPay, which is helping to simplify in-person payment acceptance, has raised $5m in its pre-Series A funding round.
Mexico’s digital payments service Clip secures $50m credit facility
Mexico-based commerce and digital payments platform Clip has received a $50m credit facility from Morgan Stanley, JP Morgan and HSBC.
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