Payments

Visa Expands Its Fintech Partner Connect Programme

Visa announced the expansion of its Visa Fintech Partner Connect programme which is designed to help financial institutions quickly connect with a vetted and curated set of technology providers. By streamlining the discovery process, Fintech Partner Connect can help Visa’s

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Amazon to Roll Out Pay-With-Palm at Whole Foods Stores

Amazon.com announced that it is rolling out its biometrics technology Amazon One as a payment option at Whole Foods stores in the Seattle area over the coming months. The multinational company had introduced Amazon One as a fast, convenient, contactless

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Apple Introduces Apple Family Card, Allowing Spouses to Merge Their Credit Lines

Apple announced the launch of Apple Card Family, which allows users to share their Apple Card in order to track purchases, manage spending, and build credit together with their Family Sharing group. Available in the US in May, Apple Card

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PayPal Allows American Customers to Use Cryptocurrencies for Purchases

PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can

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PayPal Goes Galactic to Make Universal Space Payments a Reality

PayPal announced the launch of PayPal Galactic, an initiative that addresses the issues to help make universal space payments a reality. PayPal Galactic brings together leaders in the scientific community, including the SETI Institute and Space Tourism Society, to prepare

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Former Governor of the Bank of England Joins Stripe’s Board of Directors

Stripe, a US-based payment processing platform, announced that Mark Carney, the former Governor of the Bank of England and the Bank of Canada, has joined the company’s board of directors. Regulated in multiple jurisdictions and partnering with several dozen financial

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Payoneer Poised to Go Public With US$3.3 Billion Merger Deal

Payoneer announced that it plans to go public by merging with FTAC Olympus Acquisition Corp. (FTOC), a special purpose acquisition company in a US$ 3.3 billion deal. Payoneer has been backed by investments from TCV, Susquehanna Growth Equity (SGE), Viola

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Pay With Your Palm? Amazon Launched New Biometric System

Amazon launched its latest payment technology using a new biometric system that uses palm recognition, allowing its users to do everyday activities like paying at a store, presenting a loyalty card, entering a location etc. The service, called Amazon One,

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