Payments

Affirm must demonstrate it can maintain healthy loan growth to regain investor confidence when reporting earnings results Thursday, while Klarna unveils results next week.

Wealthier Americans cut their credit card spending for a third straight month in July as inflation and market volatility weighed on sentiment, according to a study by Bank of America Institute. 

Firms like Amazon Go and Zippin are focusing more on data their systems collect that isn't captured by traditional point-of-sale systems. This information can play a key role in loyalty programs or back-office tasks such as tracking inventory.

This week in global news, Australia maps out its crypto market, the U.K. ponders new crypto legislation, Microsoft plans a metaverse accelerator in Dubai, and more.

The human resources consultancy Thrive and the money management firm Unifimoney say the appeal of digital assets is expanding for payments and payroll, despite the volatility that eliminated much of the currencies' valuation this year.

GiveCard is working with the digital card-issuance platform Highnote to improve the ways organizations can deliver and track donations to recipients such as homeless teens and women in crisis.

Rising costs have motivated more hourly workers to enroll in programs that give them a portion of their earnings ahead of their normal pay cycle.

Rising global e-commerce transaction volume is creating an opportunity to expand the options for cross-border payments from businesses to consumers.

The billionaire founder of Paytm emerged unscathed in a crucial test of investor confidence, with a forceful majority of shareholders voting to keep him at the helm of the fintech pioneer that made one of the worst market debuts in Indian history.

The Consumer Financial Protection Bureau asked a federal judge to force Block to fully comply with a pair of investigative demands related to its Cash App payments tool.