Payments

The company's scale has helped it become a force in many payment niches, but that wasn't enough to make its PYUSD coin an immediate threat to Tether's USDT and Circle's USDC.

Banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. sold $8.64 billion of debt to fund the partial leveraged buyout of Worldpay Inc., boosting the size of the offering in a sign of growing investor demand for LBO debt.

Affirm is considering a subscription service in a bid to create more recurring revenue beyond interest collected from its buy now/pay later plans.

The messaging organization, which faces growing competition from newer tech firms, is working with the card network and payments company to ensure that its own offerings stay relevant.

BMO Financial Group is the fourth bank to partner with the fintech to enable employers to offer early access to the wages they pay.

U.K. regulators rule on complaints about bias from politicians, Brazil's Ebanx extends to India and more in our weekly financial news roundup.

The move, which follows the launch of the service in Brazil and Singapore, taps a market with more than 400 million WhatsApp users.

The payment company is using a new OpenAI tool to expand its shopping and customer service technology.

The service was created to meet institutional clients' needs for real-time payments.

The Swedish furniture giant debuts a modest U.S. buy now/pay later loan program via Afterpay, with interest-free terms that are unlikely to anger regulators.