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Nuvei Launches Card Issuing Solution in 30 Markets Across Europe
Nuvei Launches Card Issuing Solution in 30 Markets Across Europe
November 29, 2023  |  Payment Methods

Nuvei has launched its new card issuing solution in 30 markets worldwide. This offering allows Nuvei clients to provide their customers, employees or contractors with...

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SoFi Turns Over Crypto Business to Blockchain.com
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023  |  Cryptocurrency

SoFi says it is exiting the cryptocurrency business next month. The digital finance firm has told customers that they will either need to liquidate their accounts or move...

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Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
November 29, 2023  |  B2B Payments

Procurement and finance solutions firm Corcentric teamed with Riteload, a trucking sector freight matching platform. The partnership is designed to offer managed payments services for...

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Mastercard’s Michelle Meyer Becomes Company’s Chief Economist
Mastercard’s Michelle Meyer Becomes Company’s Chief Economist
November 29, 2023  |  Personnel

Mastercard has named Michelle Meyer as its chief economist and head of its think tank. In running the Mastercard Economics Institute, Meyer and her team will be responsible...

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Web3 Infrastructure Provider Wormhole Valued at $2.5 Billion 
Web3 Infrastructure Provider Wormhole Valued at $2.5 Billion 
November 29, 2023  |  Investments

Wormhole, an interoperability platform for blockchains, has secured $225 million in a funding round, valuing the company at $2.5 billion.  This investment will enable Wormhole...

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Binance CEO Richard Teng Plans to Keep Core Team Intact 
Binance CEO Richard Teng Plans to Keep Core Team Intact 
November 29, 2023  |  Cryptocurrency

Binance’s new CEO Richard Teng said he will keep the cryptocurrency exchange’s core team intact as he steers the company through regulatory challenges.  Teng said in a...

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J.Crew Forms Credit Card Partnerships With Mastercard and Synchrony
J.Crew Forms Credit Card Partnerships With Mastercard and Synchrony
November 29, 2023  |  Partnerships

Apparel seller J. Crew has launched a multi-year credit card program with Synchrony and Mastercard. The collaboration, announced Wednesday (Nov. 29), will see J. Crew and Synchrony team to launch...

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Paysend Raises $65 Million and Teams With TelevisaUnivision
Paysend Raises $65 Million and Teams With TelevisaUnivision
November 29, 2023  |  Investments

Money transfer FinTech Paysend has raised $65 million in a new funding round. The round, announced Wednesday (Nov. 29), follows Paysend’s recent partnership with Mastercard, which allows the company to enhance cross-border...

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Report: Stability AI Positioning Itself for Acquisition
Report: Stability AI Positioning Itself for Acquisition
November 29, 2023  |  Acquisitions

Stability AI, a British artificial intelligence (AI) startup, is reportedly considering selling the company amidst mounting pressure from investors over its financial position.  The London-based...

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