Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will also use artificial intelligence (AI) to better understand the needs of consumers and merchants and to enhance risk decisions, Aplazo...
The B2B payments landscape is uniquely large, and largely unique. Responsible for around $125 trillion in annual volume, the B2B payments marketplace is defined by both its antiquated status quo and the fact that no two business are alike in the ways in which they...
FinTech-as-a-Service firm EarnUp is enhancing its platform to expand mortgage payment methods. Lenders and servicers using EarnUp’s platform can now enable borrowers to pay via text using their debit cards, the company announced in a Thursday (May 9) news release. The option will give borrowers more flexibility and...
Payments are the lifeblood of any business, but for small businesses, they are particularly crucial. And with the news that, in the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020, the ways that these local merchants...
April 30, 2024
PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14% to $403.9 billion in the quarter, the company said in its most recent earnings supplementals, released Tuesday (April 30). Active accounts were up 0.4%, adding […]
April 29, 2024
Moving a business online can be rewarding as enterprises reach broader audiences, sometimes global in scope, and expand their revenue opportunities with online payments. But challenges persist, whether it’s a...
April 29, 2024
There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as...
April 24, 2024
Despite outsized growth in Click-and-Mortar™ shopping opportunities in Brazil during the last three years, retailers there still don’t offer 39% of the digital features consumers want. This is just one...
May 13, 2024
Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will also use artificial intelligence (AI) to better understand the needs of consumers and merchants and to enhance risk decisions, Aplazo said in a Monday (May 13) press release. “Aplazo set out […]
May 09, 2024
FinTech-as-a-Service firm EarnUp is enhancing its platform to expand mortgage payment methods. Lenders and servicers using EarnUp’s platform can now enable borrowers to pay via text using their debit cards, the company...
April 30, 2024
Google is transitioning its Fitbit Pay contactless payments to Google Wallet in most countries. “Google Wallet is now available for all Fitbit devices that support contactless payments,” a message on the Fitbit Pay web page said. “Fitbit Pay will...
April 29, 2024
Klarna has partnered with luggage and travel accessories brand Away. With this collaboration, Klarna’s interest-free buy now, pay later (BNPL) options are available to Away’s customers in the United States, Canada and the...
