John Adams

By opening a recording-artist accelerator featuring virtual worlds and nonfungible tokens, the company plans to reach an industry that appeals to young consumers.

As 2023 begins with an aura of economic uncertainty, businesses will seek a competitive advantage in how they accept and initiate payments, Dwolla COO Dave Glaser contends.

The payments firm plans to combine technology from these deals to appeal to the merchants that will need more flexibility and options to fight a potential recession.

Addressing concerns ranging from financial inclusion to the impact of China's digital yuan, central banks are running tests to determine how central bank digital currency transactions will work both domestically and internationally.

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.