Mastercard Foundation gives $1.3 billion to boost vaccinations in Africa
In one of the largest private sector donations of its kind, the Mastercard Foundation announced it will give $1.3 billion over the next three years to vaccinate 50 million people in Africa. Fewer than...
View ArticleWix Acquires Modalyst
Acquisition will provide Wix eCommerce merchants with a native supplier marketplace to source quality products, as well as an integrated dropshipping platform for end to end white-label product...
View ArticleAmazon launches new full-size grocery store — What it means
CNBC’s Courtney Reagan reports on the tech giant’s latest venture and how much of a threat it really is to the grocery industry. Amazon brings cashierless tech to full-size grocery store for first time...
View ArticleAffirm and Shopify Expand Shop Pay Installments across the U.S.
We are thrilled to support these hundreds of thousands of unique merchants by providing access to unparalleled technology that can help grow their businesses. One in four merchants that used Shop Pay...
View ArticleSezzle Now Available on Gridiron Football, Bringing Buy Now, Pay Later to Sports
Gridiron Football, the fastest-growing youth football league in the world, ignites payment innovation in youth sports by providing interest-free financing with Sezzle. – Sezzle reaches key audiences by...
View ArticleOrum Raises $56M to Help Speed up Interbank Transfers
“Most Americans are not familiar with the intricacies of ACH [automated clearing house) or why it takes multiple business days to move money between accounts,” Kirkpatrick said. “But none of us can...
View ArticlePayPal Brings PayPal Zettle to the U.S.
“Consumers want seamless and integrated digital experiences no matter where they shop. As a result, small businesses need access to omnichannel payment and commerce tools to help them effectively...
View ArticleKlarna acquires HERO to bring best of in-store experience to social shopping
“Immersive shopping experiences are now expected by consumers when shopping online and forward-thinking brands want to provide consumers with a rich, interactive way to shop for their products. With...
View ArticleVerizon Business and Mastercard partner to bring 5G to the global payments...
“Emerging technology such as 5G and Mobile Edge Computing will undoubtedly reshape how we interact with each other, making it all the more critical for these exchanges – particularly payments – to be...
View ArticleApple boosts buy now, pay later option made popular by Klarna
Klarna CEO Sebastian Siemiatkowski speaks to ‘TechCheck’ about welcoming Apple into the buy now, pay later market. He believes Klarna can maintain their hold on the market of everyday products and...
View ArticleSquare to buy Australia’s Afterpay in $29 billion deal as ‘buy now, pay...
“Square and Afterpay have a shared purpose,” said Square’s CEO Dorsey in a statement. “We built our business to make the financial system more fair, accessible, and inclusive, and Afterpay has built a...
View ArticleMeet Visa: Reintroducing the Iconic Visa Brand to Everyone, Everywhere
Meet Visa. That name you see on everything is actually more like a signature. It’s a network working for everyone. Multi-year brand evolution highlights the power of Visa’s trusted global network,...
View ArticleJack Dorsey creates Bitcoin Legal Defense Fund
CNBC’s Kate Rooney reports that Twitter and Block Founder Jack Dorsey has created a legal defense fund for crypto developers. CNBC Television , Jan. 13, 2022 PLEASE ALSO READ Jack Dorsey creates a fund...
View ArticleSoFi stock soars after clearing final regulatory hurdle to become a bank
San Francisco-based SoFi got approval from its two key regulators to become a bank holding company. Shares of the fintech spiked more than 16% in after-hours trading following the announcement. “This...
View ArticleWalmart-backed start-up is acquiring two fintech companies, Even and ONE
A Walmart-backed financial technology start-up is acquiring two more companies as it looks to build an all-in-one app where consumers can manage their money. Omer Ismail, a former Goldman Sachs...
View ArticleApple to Rival Square by Turning iPhones Into Payment Terminals
Devices currently require external terminals such as Square’s Apple paid $100 million for Mobeewave in 2020 to build feature Mark Gurman , Bloomberg , January 27, 2022 Apple to Rival Square by Turning...
View ArticleAdyen expands global partnership with Afterpay
Afterpay, known as Clearpay in the UK and Europe, to leverage Adyen’s local acquiring across key markets Adyen expands global partnership with Afterpay Adyen , Sydney May 9, 2022 Adyen (AMS: ADYEN),...
View ArticleGravitas: How China destroyed Jack Ma
Jack Ma is planning to give up control of Ant Group. For two years, China’s most recognizable entrepreneur has been missing from the public eye. Behind the scenes – the Communist Party has dismantled...
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