Payments News
Spain's Banco Sabadell has sold an 80% stake in its payments unit Paycomet to Nexi for €280 million and inked a 10-year exclusive distribution deal with the Italian firm.
Major Japanese banks and tech firms have banded together on a metaverse infrastructure project that will, among other things, provide payments, authentication, and insurance services for users across platforms.
U.S. card skimming grew by nearly 500% in 2022 and is showing signs it will grow even faster this year, according to a recent analysis by credit scoring services firm FICO.
Amazon has joined and Indian government-backed ecommerce initiative that aims to ‘democratise' online shopping in the South Asia
Pagos, a payments intelligence startup founded by Braintree and PayPal vets, has raised $34 million in a Series A round led by Arbor Ventures.
Sweden-based BNPL company Klarna has announced it will begin to penalise clients for late payments in the UK in March 2023 in a bid to curb loan defaults
