Klarna is expected to announce new funding in the coming days that will value the company at $31 billion, Bloomberg reported. The amount is around three times more than what the company was valued at after its last round in September. Get the Full Story...
American Green will be expanding its eCommerce platform in March to include bitcoin payments to help people pay for cannabidiol (CBD) and hemp, according to a press release from the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Citibank has announced that it is rolling out Citi Plus, its Hong Kong project which it recently brought out of beta, according to a press release. The company touts the project as a new way to get people into digital banking. Get the Full Story...
Advanced Fraud Solutions (AFS), which works in deposit fraud detection software, has rolled out AFS Positive Pay, which will help financial institutions (FIs) and enterprise customers look at changes in payments information to prevent fraud, according to a press release. Get the Full Story Complete...
In today’s top payments news around the world, Zomato has landed an additional $250 million from existing and new investors, while Tyme plans to expand its online bank for the underserved into Asia and Southeast Asia. Plus, telecommunications services provider Bharti Airtel is teaming with...
Bookipi, a company that generates invoices for small companies and freelancers, is poised to roll out its new BookiPay invoice payments system in Australia through a new collaboration with the financial technology firm Fat Zebra, according to an announcement. Get the Full Story Complete the...
Digital payment and banking technology provider i2c has teamed with Zytara, a FinTech firm geared toward millennial and Generation Z gamers and their households. The collaboration comes on the heels of Zytara’s recent ZUSD stablecoin rollout announcement, according to a Tuesday (Feb. 23) press release....
J.P. Morgan Chase is launching an investment product specifically to support Black-owned banks, Bloomberg reported. The financial services firm also made equity investments in four minority banks as part of a mission to reduce the racial wealth gap. Get the Full Story Complete the form...
The People’s Bank of China and the Central Bank of the United Arab Emirates are now joining the second phase of the initiative formerly known as Project Inthanon-LionRock, which is working on a central bank digital currency (CBDC) for cross-border payments, a press release says....
