Tuesday (Feb. 24) marked a potentially seismic day in the payments industry. Rumors of Stripe’s interest in PayPal emerged after hours on Tuesday, initially reported by the likes of Bloomberg, with implications extend beyond deal mechanics. Stripe and PayPal operate at different but increasingly intersecting...
Watch more: The Digital Shift With Paysafe’s Bruce Lowthers Somewhere between the first ticket purchase and the final prop bet, $20.2 billion changed hands. That was the projected spending around this year’s Super Bowl on food, drinks, apparel, tickets, streaming and festivities, with nearly $2...
Visa formed a new sub-region that includes Egypt, Libya and Sudan, saying the move will advance its strategic growth plans in the wider North Africa, Levant and Pakistan region. The new sub-region enables Visa to be closer to clients and stakeholders and reinforces its efforts...
Payments firm Ebanx expects Brazil’s instant payment system Pix to account for 45% of the country’s online sales by the end of 2026 and 50% in 2028, Reuters reported Tuesday (Feb. 10). Those shares will be up from 2025, when Pix accounted for 42% of Brazil’s online sales, according to the...
Payments company Block is reportedly considering layoffs that could affect 10% of its staff. The firm has been informing hundreds of employees that their positions could be eliminated during their yearly performance reviews amid a wider business overhaul, Bloomberg News reported Saturday (Feb. 7), citing...
European payments sovereignty moved back to the top of the policy agenda Thursday (Jan. 29) as European Central Bank (ECB) Executive Board Member Piero Cipollone said the digital euro would provide the retail payments infrastructure the euro zone currently lacks, per Reuters. Speaking at a...
The first half of the 2020s didn’t just accelerate payments and commerce. It stress-tested every assumption the industry carried into the decade — and forced leaders to decide, in real time, what to keep, what to kill and what to rebuild. That is the premise...
Back-office payments are starting to look a lot more like consumer checkout, and that shift could determine which firms see their cash position clearly and which keep flying blind. The Business Payments Tracker from PYMNTS Intelligence, “Virtual Mobility: How Mobile Virtual Cards Elevate B2B Payments,” argues that paper...
Investors in Ant reportedly want the Chinese FinTech giant to take its international arm public. That’s according to a report Wednesday (Jan. 7) from The Information, which notes that Ant Group’s Ant International business is thriving, thanks in part to a digital wallet arm that...