March 14, 2024
Klarna Adds Open Banking for UK Customers
Swedish payments FinTech Klarna is now offering open banking-powered settlements in the U.K. “The launch means consumers can now pay Klarna directly from their bank account instead of using a debit card, bypassing...
March 13, 2024
Operational Innovations Drive Software Publishing Marketplaces
The software publishing industry is in a state of flux right now as it embraces embedded finance to facilitate new growth — and many payment facilitators (PayFacs), independent software vendors...
March 08, 2024
HelloFresh Stock Falls to Record Low After Projecting Lower Profit
Meal-kit company HelloFresh saw its stock plummet Friday (March 8) in its largest single-day decline since debuting on the market in 2017. The company’s shares dropped to a low of 6.13 euros...
March 06, 2024
Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm. The firm told Reuters this after being asked...
March 06, 2024
Alviere Debuts Merchant-Funded Rewards for Co-Branded Cards
Embedded finance platform provider Alviere is letting its clients expand their co-branded debit card incentives. The expansion allows customers to offer merchant-funded rewards, the company said in a Wednesday (March 6) news release....
March 06, 2024
Revolut CEO: London Could Lose FinTech Hub Status
Revolut’s new U.K. CEO wants to make sure London remains a FinTech hub. Speaking to Bloomberg News Wednesday (March 6), Francesca Carlesi warned that the British capital risks losing out...
March 05, 2024
Battle of the Algorithms: Anthropic’s Claude 3 AI Model Rivals...
Anthropic’s new artificial intelligence (AI)-powered Claude 3 models beat competitors in many areas, experts told PYMNTS. The company, which released the models on Monday (March 4), claims that Claude 3...
March 04, 2024
J.P. Morgan to Support Cartes Bancaires CB Payments for Merchant...
J.P. Morgan has become a principal member of the French payments network Cartes Bancaires CB, becoming the first U.S. bank to do so. Having been granted this license, the bank plans to...
March 01, 2024
Who’s Been Regulating My AI?: Goldilocks and The House Of...
By: Parman Dhillon, Gareth Stokes & Mark O’Conor (DLA Piper) Amidst the recent finalization of the EU’s AI Act, significant advancements in AI persist at a rapid pace. On February 2nd, 2024, the...