Gynger has raised $20 million in a Series A funding round led by PayPal Ventures to support its embedded financing platform for technology purchases. The company will use the new funding to scale its team and operations and fuel its growth, according to a Thursday...
Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure. That’s why the finance industry must continually modernize the banking experience — and its relatively monolithic core architecture — to adapt to technological, behavioral and market disruptions. With the...
It might not get the amount of play that real-time payments, open banking and artificial intelligence get, but the global payments industry reached a milestone recently when the U.S. CHIPS network, one of the world’s largest dollar clearing systems, completed its migration to the ISO...
There is a gap between acquirers’ self-reports and implementation. While 72% of acquirers say they support credit card-linked installment options online or in-store, only 3 out of 50 acquirers surveyed offer card-linked installments before or during checkout. These latest findings mirror our findings from late...
June 14, 2024
Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure. That’s why the finance industry must continually modernize the banking experience — and its relatively monolithic core architecture — to adapt to technological, behavioral and market disruptions. With the news Wednesday (June 12) that JPMorgan has joined the MACH […]
June 14, 2024
It might not get the amount of play that real-time payments, open banking and artificial intelligence get, but the global payments industry reached a milestone recently when the U.S. CHIPS...
May 31, 2024
Payments modernization, depending on the financial services company, will be synonymous with upgrades. But it also needs to be synonymous with innovation, collaboration and business outcomes. As Wally Mlynarski, head...
May 29, 2024
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence,...
June 20, 2024
Gynger has raised $20 million in a Series A funding round led by PayPal Ventures to support its embedded financing platform for technology purchases. The company will use the new funding to scale its team and operations and fuel its growth, according to a Thursday (June 20) press release. Gynger also secured a debt facility […]
May 21, 2024
Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has expanded Stripe Capital to the U.K., the company said in a Tuesday...
May 20, 2024
Touchless self-checkout company Mashgin has launched a partnership with payments solution provider Verifone. The two companies’ integration, announced Monday (May 20), will let Mashgin deploy its computer vision self-checkout system via Verifone’s Commander solution,...
April 23, 2024
Square has expanded the availability of offline payments to every hardware device, in every country. The company has offered this no-connection-required solution for 10 years on some of its devices, expanding it to...
