About three-quarters of the international purchases made in Paris during the first weekend of the Olympic Games were made with contactless payments. Seventy-eight percent of those purchases were contactless, a figure that was 9% higher than that for the same weekend a year earlier, Visa said...
X is reportedly getting closer to introducing a payment service. The social media platform and aspiring “everything app” is working on adding a “Payments” button to the navigation bar, TechCrunch reported Tuesday (Aug. 6), citing a post on X by independent app researcher Nima Owji....
Instacart has launched a SNAP/EBT-focused partnership with Walgreens. The collaboration, announced Tuesday (Aug. 6), will offer online SNAP/EBT payment acceptance at more than 7,500 Walgreens stores nationwide, including 100-plus Duane Reade locations in New York, letting customers purchase thousands of SNAP-eligible products for same-day delivery...
Mexican FinTech Stori says it has raised $212 million in equity and debt financing. The new funding, announced Tuesday (Aug. 6), will help Stori develop products to promote financial conclusion. “Since the beginning, my co-founders and I recognized the unfair gap in the traditional financial...
Klarna is reportedly gauging investors’ interest in buying up the company’s existing shares on the secondary market. The Sweden-based FinTech is doing so as it prepares for a potential public listing in the United States, Bloomberg reported Tuesday (Aug. 6), citing an unnamed source. Reached...
French police are reportedly investigating a ransomware attack at a Paris Olympic venue. The attack, the subject of a Tuesday (Aug. 6) report by Reuters, is the latest such incident tied to this year’s summer games. In this case, criminals targeted the central computer system at the...
Revolut Business expanded the availability of its “borderless financial super app for businesses” to Singapore and is looking to add other markets. “We’re here to empower Singaporean companies of all sizes, including 1,000+ who signed up to our waitlist,” the company said in a Tuesday...
Zafin and 10x Banking have partnered to enable banks and financial institutions to modernize their core systems incrementally. This phased approach makes the implementation less disruptive while delivering immediate value, thereby mitigating risk, maintaining stakeholder confidence and reducing upfront capital expenditures, the companies said in...
No one is an island. And in our interconnected and digital world, no company is, either — meaning that the cost of a single facet’s downtime on B2B partners can be catastrophic. For proof, just look at the ongoing fallout from the July 18 disruption...
