Digital payments
Digital payments
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The card processor came up short on expected profits but hit analysts' estimates on revenue in the second quarter of its fiscal 2025. CEO Ryan McInerney said growth in payments volume, cross-border volume and processed transactions were strong even in the face of shaky economic conditions.
29m ago -
Super apps such as AliPay and WeChat Pay have carved out immense market share by enticing users as a one-stop shop for their payment, shopping and social needs in a model that many U.S.-based companies have tried to replicate. But what makes a super app successful, and how easy are they to launch?
7h ago -
Even with its IPO on ice, the Swedish buy now/pay later lender is building a base of high-profile distribution partners.
April 25 -
The USDC issuer is trying to connect financial institutions across borders for instant settlement, an industry goal that has proven elusive.
April 24 -
A federal judge in California blocked rules requiring disclosures for payments near the Mexico border; Stripe has added more products as it bolsters investments in Asia; and more in the weekly global roundup.
April 23 -
The growth of digital payments, coupled with the U.S.'s new open banking framework, may finally move the needle for an alternative form of credit decisioning.
April 22 -
New York AG Letitia James is suing the earned wage access companies for charging illegal, high-interest loans that would have wide-ranging implications for EWA providers. DailyPay last week filed a countersuit against James's office.
April 15 -
Affirm is reporting consumers' buy now/pay later loans to Experian, following a February study with FICO. It's one of the first steps in credit reporting for BNPL, potentially complicating banks' assessments for other types of lending.
April 15 -
At the Los Angeles Clippers' Intuit Dome, technology developers hope to forge transaction habits that can be replicated elsewhere.
April 14 -
The administration's unpredictable policy has already caused shifts in foreign exchange rates and supply chain payments. Uncertainty about future levies will cause added pressure despite the 90-day pause.
April 11