Payments

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven compliance.New AI agents aim to improve accounting accuracy.The partnership signals a...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...

Stripe Tightens Valuation, No Rush to Go Public

Stripe aims for a $140 billion valuation but delays going public.Highlights: Stripe targets a valuation increase to $140...
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Microsoft taps Stripe, PayPal and GoDaddy to launch payments on Teams

Microsoft has collaborated with Stripe, PayPal and GoDaddy to launch a payment feature for businesses on Microsoft Teams. This feature enables businesses in North...

UK fintech Revolut marks Latin America debut with Brazil launch

Revolut, a UK-based fintech firm, has launched in Brazil, marking its first venture into Latin America. The company will offer customers a multi-currency account,...

Shieldpay names Andrew Hawkins as CEO for UK & Europe

B2B payments firm Shieldpay has appointed Andrew Hawkins as its CEO for the UK and Europe, taking over from founder Peter Janes, who will...

Shopify taps B2B payments platform Melio for bill pay solution

Shopify has partnered with Melio to introduce Shopify Bill Pay, a B2B payments solution that enables Shopify merchants to pay and manage their bills. Facts...

TAS acquires fellow Italian software provider Mitobit

Italian banking and financial services software provider TAS has acquired Mitobit, a Milan-based fintech that supplies software solutions for payments, banking, insurance, and fintech...

South Korea’s Kakao Pay eyes majority stake in Siebert

South Korean fintech Kakao Pay has acquired a 19.9% stake in US-based financial services firm Siebert Financial Corp for approximately $17 million, with plans...

MoneyGram names Seth Ross as new chief digital officer

MoneyGram has appointed Seth Ross as its new Chief Digital Officer to oversee the company's digital strategy and direct-to-consumer business. FactsSeth Ross has been...

Finaro taps MultiPay to boost payment acceptance in Nordics and UK

Global cross-border payment provider Finaro has teamed up with paytech firm MultiPay to offer a unified payment acceptance solution for merchants in the Nordics...

Cross-border paytech PingPong Payments nabs UK EMI licence

PingPong Payments, a US-based cross-border payments firm, has obtained an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA), allowing it...
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