Payments News
Just weeks after completing the sale of its terminal business to Apollo Funds for €2.3 billion, Worldline has moved to acquire a 55% stake in SoftPos.eu, a Warsaw-based fintech that converts Android devices into secure payment terminals.
The Monetary Authority of Singapore (MAS) has published two consultation papers proposing strict regulatory measures to reduce the risk to consumers from cryptocurrency trading while supporting the development of stablecoins as a credible medium of exchange.
BNPL firm Zip has partnered WebBank to launch a physical card as it bids to make inroads into in-store shopping.
Director of the US Consumer Financial Protection Bureau (CFPB), Rohit Chopra, took to the Money20/20 stage to outline the Bureau's strategy toward determining regulation of open banking in the US.
Wise is planning to launch its Assets investing service across Europe after securing a license in Estonia.
Ahead of Black Friday, Amazon is adding PayPal's Venmo as a payment option for US shoppers.
