Новости за 11.11.2024

Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. “We’re going to use this to scale Argentina, where my goal is to be the largest bank in the country, not just by users but by book,” founder and CEO Pierpaolo Barbieri said in an interview with Bloomberg News posted Monday (Nov. 11). He added that the […]

Digital bank PicPay is offering access to Brazil’s Pix instant payment system via WhatsApp. The new artificial intelligence (AI)-powered offering, announced Monday (Nov. 11), is made possible by PicPay’s partnerships with WhatsApp owner Meta and Microsoft. “Unlike traditional chatbot assistants, PicPay’s GenAI, developed in-house and powered by Microsoft Azure OpenAI Service, can instantly recognize Pix keys in a […]

Beginning next year, many American businesses will have to comply with the Corporate Transparency Act. This law, which goes into effect Jan. 1, requires certain companies to provide the government with beneficial ownership information (BOI), or “identifying information about the individuals who directly or indirectly own or control a company,” as the Financial Crimes Enforcement Network (FinCEN) puts […]

The definition of crypto has historically oscillated between two poles: buzzword and true innovation. And to hear the industry’s executives tell it, the lack of regulatory clarity is among the primary reasons surrounding the uncertainty around blockchain’s potential impact, particularly within regulated industries like financial services and payments. But last week, 50 of the 58 […]

Behind every modern artificial intelligence (AI) system lies a crucial foundation: massive datasets that serve as the model’s training ground. These collections of information, more significant than any human could process in a lifetime, shape how AI systems recognize images, understand text and process language. AI datasets are organized collections of examples that teach AI […]

Western Union has launched a media network business that lets companies advertise to its customers via company-owned channels like its website, mobile app and digital-out-of-home (DOOH) screen network as well as through audience extension. These channels enable companies to reach a diverse, multicultural and global audience, the provider of cross-border, cross-currency money movement, payments and […]

Foreign exchange brand Travelex is updating its ATM system in partnership with NCR Atleos. The collaboration, announced Monday (Nov. 11), will see Travelex replace the hardware and software of its collection of 600 ATMs in eight countries, allowing for new features such as contactless cash withdrawals. “We are making it possible for travelers to access currency exchange via self-service,” Diego Navarrete, […]

FTX is suing cryptocurrency giant Binance and its former CEO for $1.8 billion. The lawsuit, filed Sunday (Nov. 10) by the FTX bankruptcy estate, centers around what FTX labeled a “fraudulent” share deal. It also accuses ex-Binance chief executive Chanpeng Zhao of orchestrating a “campaign to destroy” his one-time rival crypto exchange. The share deal happened in July of […]

In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to pay for everything from streaming media to utilities. For some companies, prepaid cards can represent as much as 70% of their business, Wallet Guru co-founder and CEO Emilio Rubio told […]

Zillennials — who were born between 1991 and 1999 — are reshaping the retail market with a blend of millennial values and Generation Z’s tech-savviness. A PYMNTS Intelligence report, “What Makes Zillennials Shop,” examines this cohort as it drives change with a mix of brand loyalty, deal-seeking and values-driven purchases. Influenced by social proof and […]

Banks and credit unions face pressure to meet rising consumer expectations for fast, personalized and seamless digital experiences, Amount Chief Product and Technology Officer Kevin Trilli writes in a new PYMNTS eBook, “The New Value Equation: 11 Financial Services Leaders Share Their Vision for 2025.”   At Amount, our mission is to empower banks and […]

Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged double-digit percentage points, with respective 12.2% and 10.7% gains.   […]

The corporate and vehicle payments business has been very good to Corpay. The business payments firm’s most recent quarterly earnings, reported Thursday (Nov. 7), showed a 6% increase in adjusted profit, driven by growth in those segments. “Business fundamentals were quite good with same store sales and retention improving and sales remaining strong,” CEO Ron Clarke […]

WeTransact is teaming with Capchase to let its customers leverage Capchase’s capital and payment services. The combination of WeTransact’s marketplace platform and Capchase’s financing solutions will help B2B software-as-a-service (SaaS) providers strengthen their go-to-market strategy, Capchase said in a recent news release. “In the current economic climate, collecting payments is an ongoing battle for all […]

Booking.com is conducting a companywide review that could lead to job cuts. The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that this review would include “an expected workforce reduction,” as well as cost reductions like looking for real estate savings and optimizing procurement. “We believe these efforts will improve operating […]

FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the bankrupt cryptocurrency company in its efforts to claw back money owed to its creditors, TechCrunch reported Saturday (Nov. 9). In addition to Scaramucci’s SkyBridge Capital, other defendants include Crypto.com and Fwd.us, a […]