The payments platform Klarna AB may be a leading provider of buy now, pay later lending, but it is seeing increasing opportunity in other banking services. Early Tuesday, it launched savings accounts in the U.S. market. In its announcement, the company calls the move “a natural next step” following its …
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The number of consumers planning to buy gift cards for self-use rose from 31% last year to 56% in 2026, according to new research results released Monday by Blackhawk Network Inc., a major prepaid card services and technology provider. Overall, 77% of Americans plan to buy gift cards this year, …
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A perpetual bane of payments, chargebacks create issues for merchants and their payment providers. Now, Findustry AI Inc. hopes its new artificial intelligence-enabled Chargeback Agent product will help ease the work of complying with card-brand dispute processes. Led by Jonathan Razi, who sold CardX, a surcharging-services provider, to Stax in 2021, …
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The point-of-sale technology platform Valor PayTech announced early Friday an agreement with LANDI Global to represent LANDI’s line of point-of-sale devices in the U.S. market. The move is expected to lay the foundation for what Valor PayTech calls a “deeper product collaboration.” To start, Jericho, N.Y.-based Valor PayTech says it …
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Imagine waving a wand and making something appear in your hands. While it’s not magic, the Cash App Wand could make that happen. Announced Thursday, Cash App Wand is the first in a series of Cash App Tags, which are NFC-enabled, physical payment accessories that let consumers pay without having …
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Visa Inc. is setting the stage for stablecoin settlement in a partnership with Brale, whose technology enables businesses to introduce and operate digital currencies backed by fiat money. The collaboration, announced early Thursday, will allow the card network to test settlement with Brale’s SBC, a stablecoin backed by the U.S. …
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Buy now, pay later specialist Sezzle Inc. is ready to be known for more than its installment payment service, hoping to capitalize on its Earn features. Meanwhile, BNPL provider Klarna AB says Ulta Beauty now offers its payment option to U.S. consumers. A year old, Earn, displayed as a tab …
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Mastercard announced early Wednesday it plans to introduce settlement options including weekends, holidays, and at times during the day of the transaction. The new settlement windows will apply to both card-based fiat transactions and those involving cards linked to regulated stablecoins, the network said. The move would expand availability beyond …
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NMI announced early Tuesday it has acquired Fee Navigator, a provider of analysis for acquirers looking to price services for merchants. Terms were not disclosed. Schaumburg, Ill.-based NMI says the deal brings merchant-pricing capabilities supported by AI, adding to an arsenal of services the processor offers to independent sales organizations, independent …
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MoneyGram has launched a U.S. dollar stablecoin called MGUSD, furthering its move into blockchain technology for payments. Soar Payments LLC, also known as SoarPay, announced the publication of “High Risk Merchant Accounts 101,” a guide to processing payments for high-risk and regulated businesses. Fifth Third Bank launched Report Phishing, a feature in …
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