Tag: payments
UK Banks Seek Alternatives to Visa and Mastercard Amid Concerns
Financial institutions explore options for payment processing independence.Highlights: UK banks are seeking alternatives to Visa and Mastercard.Concerns arise over payment processing reliance on US...
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 through AI.AI systems detected fraudulent transactions...
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 in the U.S.The move aims to...
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 billion.The company is not in a...
Stripe Plans to Strengthen Valuation Ahead of IPO
The payment processing giant targets a valuation of $140 billion before going public.Highlights: Stripe targets a $140 billion valuation prior to its IPO.The company...
Alipay Reports Surge in Agent Payments, Enhancing Digital Transactions
Alipay experiences significant growth in agent payment activities this quarter.Highlights: Alipay sees a notable rise in agent payment activities this quarter.The growth reflects a...