Government review finds key regulatory shortfalls in Australian payments system
A payments system review by the Australian government has detailed key regulatory issues in the country’s payment ecosystem.
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.
Square to launch a new paid subscription, Invoices Plus
Payment giant Square is expected to launch Invoices Plus, a paid subscription service that will include extra features such as those previously available with the free service.
Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
Prosus acquires Indian payments company BillDesk in a mega $4.7bn deal
Global consumer internet group Prosus has entered into a new deal with payments FinTech PayU to acquire online payment gateway provider BillDesk for $4.7bn.
UK contactless payment limit set to climb to £100 by October 2021
People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.
How financial institutions can succeed in mobile banking post-pandemic
A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.
Klarna CEO under fire from money.co.uk for calling credit card model ‘unsustainable’
Financial comparison site money.co.uk slammed buy now, pay later firm Klarna founder for claims that it offers a fairer and more equitable platform for consumer spending than credit cards.
Qolo earmarks its Series A funding to support hiring efforts
Qolo, an omni-channel payments platform, has raised $15m in its Series A funding round which will help continue its rapid team expansion.
Finexio bags growth funding to support growth across verticals
Finexio, an B2B payments-as-a-service provider, has collected $8m in its growth funding round, which will help it grow across verticals.
© FinTech Global © Copyright 2024. All rights reserved.
