Mobile Commerce

Thryv Holdings Inc., a fintech credit card issuer and provider of small-business management software, has rolled out a suite of new apps for its platform, including tap-to-pay. The new features will enable small businesses to speed payments, streamline document management, and improve communications, Thryv says. Users of Thryv’s platform can now …

Buy now, pay later provider Klarna AB said its 2022 loss of 10.47 billion krona ($1 billion) grew on its 2021 loss of 7.1 billion krona ($680 million). This comes amid growth in 2022. The United States became Klarna’s largest market in December. Also, Klarna will begin collecting late fees from United Kingdom consumers who miss a payment, …

More than 4.1 billion apps to enable consumers to verify their identity online are projected to be in use globally by 2027, up 82% from 2.3 billion this year, according to Juniper Research. Use of government-backed digital identities that replace physical-identity documents as a source of verification for third-party apps, …

Block Inc. has been a fast-growing payments machine over the years since its founding in 2009, and now the company is looking to slow down somewhat and focus more intently on profit growth, according to top executives. That move could start with personnel. “We plan on slowing our pace of …

Stripe Inc. late Wednesday announced it is making Tap to Pay functionality for Android phones and tablets available in the United States, the United Kingdom, Canada, New Zealand, Australia, and Singapore. The San Francisco-based processor launched Tap to Pay for iPhone last year. The addition of Tap to Pay for …

The United States has become buy now, pay later provider Klarna AB’s largest market by revenue, the company announced Tuesday. BNPL use blossomed during the pandemic and continues to find favor as inflation concerns push consumers to make value-based spending decisions. With 8 million monthly active users of the Klarna …

The average U.S. household spends $29,459 per year on bills, amounting to 42% of income, according to the “2023 U.S. Bill Pay Market Size & Category Breakout Report” from bill-pay processor doxo. Mission Lane, a fintech providing access to credit and debit products to more than 2 million consumers, said it …

With the launch of the Federal Reserve’s FedNow real-time payment service expected by mid-year, payments players are lining up clients to take advantage of the service. The latest is Pidgin Inc., a startup payments platform specializing in supporting financial institutions. The Atlanta-based company early Tuesday announced that Community Bankers’ Bank …

Vetsource, a provider of technology, pharmacy, and business services to veterinary practices, has added payment processing capabilities to its platform. In addition to supporting credit and debit cards, e-wallets, and online and automated clearing house payment-processing options, Vetsource says its new service will enable veterinary practices to offer payment methods …

The leading digital currency Bitcoin hasn’t returned to the values it enjoyed early last year, but it appears to have rebounded from the beating it—and the cryptocurrency industry as a whole—took in the wake of the sudden collapse in November of the major trading platform FTX.com and the bankruptcy in …