Payments and digital banking company Klarna says its Klarna Card now has 5 million customers. In announcing the milestone Thursday (March 19), the Swedish FinTech said this highlights rapid adoption by consumers seeking more control over their money. “The pace of adoption shows a clear shift in...
Visa has launched Visa Intelligent Authorisation (VIA) in Europe, less than two weeks after introducing this new capability on the Visa Acceptance Platform. VIA enables modern payment processing through a single application programming interface (API) so that acquirers with legacy payment authorization systems don’t have...
Visa is supporting Stripe and Tempo’s Machine Payments Protocol (MPP) by enabling card-based payments for trusted autonomous agent payments. The company is extending MPP to support card-based payments on its global network and enabling the protocol on the Visa Acceptance Platform, it said in a...
Tempo, a payment-focused blockchain incubated by Stripe and cryptocurrency venture firm Paradigm, launched its mainnet and introduced an open standard for machine payments Wednesday (March 18). With the mainnet now live, developers can now build on Tempo through its public remote procedure call (RPC) endpoints,...
The Visa Acceptance Platform now enables acquirers to modernize their payment processing through a single API. The capability comes from the newly launched Visa Intelligent Authorization, which is now available to eligible acquirers as part of the Visa Acceptance Platform, Visa said in a Monday...
Every time an AI agent makes a purchase, three questions hang over the transaction. Did the consumer actually authorize this? Did the agent follow instructions exactly? And if something goes wrong, can anyone prove it? The payments, AI and merchant sectors are all looking for...
Ripple Payments now allows customers to collect, hold, exchange and payout in both fiat and stablecoins. The platform also enables customers to provision named virtual accounts and wallets, automate collection flows, exchange and settle funds into operational accounts, Ripple said in a Tuesday (March 3) press release. These...
Watch more: Need to Know With Visa’s Chavi Jafa Nearly half of growth corporates across Asia Pacific, companies with revenues between $50 million and $1 billion, say they don’t use working capital tools. Not because they don’t need them, but because what’s available doesn’t match...
Watch more: What’s Next in Payments With Paysafe’s Bob Legters The landscape of payments innovation is one shaped by the tension between the perception of frictionless innovation and the reality of legacy rails. Bob Legters, chief product officer at Paysafe, told PYMNTS during a conversation for...