March 15, 2023
Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank

A stake in Crown Agents Bank may be up for sale. Private equity investor Helios Investment Partners is working to sell a stake in the provider of cross-border payments, Reuters reported Wednesday (March 15), citing unnamed...

March 12, 2023
ChatGPT Will ‘Be in Everything’ GM Exec Says

“ChatGPT is going to be in everything,” said General Motors Vice President Scott Miller. And eventually, that “everything” could include your new Chevy or Buick. The automaker is exploring the...

March 10, 2023
Payment Networks Pause Implementation of Code for Gun Shops

Payment networks have paused their implementation of a new merchant category code for gun shops. American Express, Discover, Mastercard and Visa have done so but have not said that they would end it completely, Reuters reported Thursday...

March 09, 2023
Krungthai Bank Deploys Visa B2B Connect in Thailand

Krungthai Bank (KTB) and Visa have partnered to streamline cross-border corporate payments for Thai businesses. By implementing the Visa B2B Connect solution in Thailand, KTB will be able to improve...

March 09, 2023
UK-Based Embedded Finance Platform Railsr Sold to Consortium

Railsr, formerly known as Railsbank, has been sold to a consortium of global investors. The change of control of the embedded finance platform has been approved by the United Kingdom’s...

March 09, 2023
Visa: Digital-First Governments Use Payments Data to Improve Policy and...

Three years ago, we got a sense of how governments could leverage technology in times of crisis — using digital pipes to get aid to people who needed stimulus payments...

March 08, 2023
German VC Firm La Famiglia Raises $264 Million

Berlin-based, female-led venture capital firm La Famiglia has raised $264 million. The company announced the funding Wednesday (March 8) on its LinkedIn page, saying it would be used to fund...

March 08, 2023
PayPal CFO Jorgensen Steps Down After 6-Month Medical Leave

Six months after taking a health-related leave of absence, PayPal’s CFO is stepping down. Blake Jorgensen, who became the company’s chief financial officer last year, resigned from that position Tuesday...

March 08, 2023
JPMorgan Helps Volvo Enter Indian EV Market

J.P. Morgan has assisted Volvo’s entry into the Indian electric vehicle market. The Swedish luxury carmaker’s XC40 Recharge is an exclusive direct-to-consumer (D2C) model powered by J.P. Morgan’s online payment...