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...
Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and make payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Global card issuing platform Marqeta is growing its business to include consumer credit cards, the company said in a press release on Thursday (Feb. 18). The decision comes on the heels of Marqeta’s confidential filing for an initial public offering (IPO). Marqeta is working with...
No executive worth his or her salt would turn down participating in a trillion-dollar market. But what about $8 trillion? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Revolut Business is launching QR codes to facilitate socially distanced payments, the company said on Thursday (Feb. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Venmo is introducing a Visa-powered credit card released in conjunction with Synchrony, the company said in a blog post on Tuesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In 1943, psychologist Abraham Maslow developed his hierarchy of needs — five categories such as shelter, food, love and esteem that build on one another and ultimately motivate human behavior. The basic categories, states the theory, need to be satisfied before others … the need...
With 45 states now allowing merchants to pass along fees of up to 4 percent for the use of credit cards, the switch to so-called “surcharging” has officially taken on movement status. According to Payroc’s VP of Operations Evan O’Brien, once increasingly informed merchants and...
QR codes are back, but then again, they never really went away. Toyota Motor Corp. created QR codes in 1994 as a way to track parts and processes. QR codes are now part of everything, from accessing magazine advertising to conducting commerce across the likes of...
