PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers. The new service will be offered through PayPal’s Xoom cross-border payments business, according to a Tuesday (Nov. 19) press release. Philippines-based financial services firm Cebuana Lhuillier and Africa’s Yellow Card...
TikTok is reportedly conducting a test that allows some creators to add product links from third-party affiliate networks to their posts. The affiliate networks include Amazon, Walmart, Target, Rakuten, Impact, CJ, Expedia, Clickbank, Temu and LTK, Modern Retail reported Tuesday (Nov. 19), citing social media...
Swedish payments group Klarna is planning an initial public offering (IPO) for next year. However, many of its FinTech compatriots aren’t ready to jump on the IPO bandwagon, CNBC reported Tuesday (Nov. 19). For example, Hiroki Takeuchi, CEO of online payments startup GoCardless, said last...
J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits in three years, the Financial Times (FT) reported Tuesday (Nov. 19). The card is being...
As global business-to-business (B2B) payment volumes rise, business leaders are faced with a crucial yet often overlooked question: How much value does simplicity add? In digital finance, where automation, real-time data, and interconnected payment solutions are table stakes, simplicity has emerged as a defining performance...
Earlier this month, shares of Marqeta plunged more than 30% in the wake of weaker-than-expected guidance. The company pointed, in part, to delays in bank partners launching new programs. It said programs have been taking 40% longer to launch, and 15 projects were pushed out...
British banking giant NatWest has teamed with NCR Atleos to upgrade its self-service banking network. The expanded partnership is driven by NatWest’s need “for a more agile and efficient self-service banking platform,” the company said in a Monday (Nov. 18) news release. That means NatWest, with help from NCR Atleos, is...
It was 72 pages and every kid’s dream. Before the tsunami of Amazon and eCommerce turned the industry upside down, the Toys R Us catalog was the bible for holiday gifts, promising the best for good little boys and girls and more than $1,000 in...
Artificial intelligence poets are stealing the spotlight, with new research showing their verses outshine human-crafted ones in consumer appeal and often fool readers into thinking real poets pen them. The new finding in Scientific Reports could signal a market shift for creative commerce industries, where...
