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- PayPal Holdings Inc. said it will support the launch of Microsoft Corp.’s Copilot Checkout capability, part of the company’s Copilot technology. PayPal will enable discovery of merchant inventory and enable branded and guest checkout and credit card payments as part of the program.
- Modulr Finance Ltd. announced it is launching its real-time payment technology in the U.S. market in a partnership with FIS Inc.
- JPMorgan Chase announced it will take over from Goldman Sachs as issuer of Apple Inc.’s Apple Card, with the transition expected to take about 24 months. Mastercard continues as the card’s network. The nearly 7-year-old card program will bring approximately $24 billion in balances to Chase, the bank said.
- Bluefin Payment Systems LLC announced the U.S. Patent Office issued it a patent on technology meant to devalue sensitive data at the point of entry. Bluefin said this expands its intellectual property beyond payments to nearly any environment where data is transmitted.
- Fiserv Inc. said it will adopt Microsoft Corp.’s Microsoft 365 Copilot to equip employees with AI capabilities. Fiserv added it will use the AI platform Microsoft Foundry to build and deploy AI applications.
- Stablecoin platform World Liberty Financial said its holding company, WLTC Holdings LLC, has filed with the Office of the Comptroller of the Currency to start World Liberty Trust Co., N.A., which would be a national trust bank specializing in stablecoin activity. WLF was founded in 2024 by sons and business partners of President Donald Trump.
- Some 53% of U.S. adult credit card users are concerned their January bill could cause them to retrench on discretionary spending this year, while nearly half say the bill could cause them to pull back on saving and investing, according to a survey of 2,004 U.S. adults conducted for Klarna AB by Morning Consult Dec. 26-28.
- Blockchain fintech ALT5 Sigma Corp., which offers card-based payment programs, said it processed $3.4 billion in transactions last year, a record high and up 54% from 2024.
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