Business

Stripe and PayPal Ventures Back India’s xFlow with New Investment

Funding aims to expand xFlow's payment solutions in the Indian market.Highlights: Stripe and PayPal Ventures invest in India's xFlow.The funding will support xFlow's expansion in payment solutions.This marks a...

Anthropic Launches Financial Services Plugins for Claude, Strengthening AI Integration

New plugins enhance Claude's capabilities for financial service providers.Highlights: Anthropic announces plugins for its AI model, Claude, aimed...

Payoneer Strengthens Its Position with US National Trust Bank Charter Application

Payoneer's move could enhance its services and market reach in the US.Highlights: Payoneer has applied for a US...

Stripe Achieves $159 Billion Valuation, Strengthening Market Position

The fintech giant secures its place in the competitive digital payments landscape.Highlights: Stripe's valuation reaches $159 billion after...

BOFE Extends CHAPS Settlement Hours for Improved Efficiency

New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New...
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Stablecoin Startup Noah Raises $22M to Revolutionize Global Payments

Noah secures $22 million in seed funding to build a stablecoin-native infrastructure, aiming to replace outdated payment systems like SWIFTHighlights:Noah raises $22 million...

Coinbase Unveils Bitcoin Rewards Credit Card in Partnership with American Express

Coinbase launches its first-ever credit card, offering up to 4% Bitcoin cashback for Coinbase One subscribersHighlights:Coinbase introduces the Coinbase One Card, a stainless-steel...

Klarna Partners with Nift to Elevate Customer Loyalty Through Personalized Gifting

Klarna teams up with AI-powered gifting platform Nift to surprise customers with tailored gifts, enhancing engagement and brand loyaltyHighlights:Klarna integrates Nift’s AI-powered gifting...

GrailPay Secures $6.7M to Enhance ACH Payment Security and Speed

Fintech startup GrailPay raises $6.7 million to modernize ACH transactions with predictive analytics and risk management toolsHighlights:GrailPay raises $6.7 million to expand its...

Crypto Nears Systemic Risk Tipping Point, Warns FSB Chair

Financial Stability Board Chair Klaas Knot cautions that crypto’s growing ties to traditional finance could push it into systemic risk territoryHighlights:FSB Chair Klaas...

Bank of England Leverages AI to Combat Real-Time Payment Fraud

Project Hertha demonstrates AI’s potential in detecting financial crime patterns within retail payment systems. Highlights:AI-Powered Detection: The Bank of England’s Project Hertha successfully identified...

Circle Shares Skyrocket on NYSE Debut, Signaling Strong Investor Confidence

Stablecoin issuer Circle sees a remarkable surge in stock price after its highly anticipated IPO on the New York Stock Exchange. Highlights:Massive Surge: Circle...

Meta Partners with Klarna for ‘Play Now, Pay Later’ VR Headset Offer

A new financing option makes Meta Quest 3 and Quest 3S more accessible to UK gamers Highlights:Flexible Payment Plan: UK customers can purchase Meta...

Fiserv to Fully Acquire AIB Merchant Services in Strategic Expansion

The global payments leader strengthens its foothold in Ireland and Europe with full ownership of AIBMS Highlights:Complete Ownership: Fiserv will acquire the remaining 49.9%...
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