John Adams

Fintechs shed thousands of jobs during 2022. But firms with strong balance sheets plan to pick up talent to drive innovation in the new year.

The companies, which reach thousands of merchants, recently launched environmental programs that use a network effect to cut carbon emissions.

The addition of in-person and online sales tools helps the company market itself as an alternative to processors and merchant acquirers for small merchants.

Centralized development programs for new companies provide access to potential clients and investors.

The card brand has opened a development lab and is expanding contactless payments and other initiatives as financial technology companies boost investment in a market where access to mobile commerce is exploding.

The payments firm is staffing up as it accelerates its expansion in the U.S., and anticipates a pool of available tech workers.

Bermuda launches a stablecoin; Canada cracks down on crypto; big banks make high-profile payment appointments, and other news.  

The payments company has expanded digital-asset management services to Luxembourg, a potential foothold for European Union expansion.

Attacks designed to gauge the value of a stolen card are growing quickly as the transaction mix becomes more digital, with smaller and more frequent purchases.

Payment fintechs are finding that their best opportunities are overseas — and for a lot of companies, that means building a market to take on American incumbents.