Credit Platforms Pull FinTech IPO Index Lower Despite AI Buzz

A sea of red engulfed the FinTech IPO Index through the past week, as earnings season kicked off with reports from the big banks. A volatile market tied to the on-again trade war with China sent overall markets on a roller coaster ride, and...

Stripe Begins Rollout of Stablecoin Payments for Subscriptions

Stripe has begun rolling out stablecoin payments for subscriptions, saying this offering will support artificial intelligence companies and other firms with recurring business models. This offering will initially be rolled out in private...

Mastercard Debuts Merchant Cloud to Bolster Commerce Growth

Mastercard has introduced a payments platform providing its services and those of its partners to merchants. The company’s Merchant Cloud offers “scheme-agnostic solutions” for credential tokenization, guest checkout, fraud protection,...

Mastercard Debuts POP to Improve Merchant Approval Rates

Mastercard has introduced a service aimed at improving approval rates for merchants. The Payment Optimization Platform (POP) uses data to make “intelligent decisions about transactions,” the company said in a Monday (Oct. 13) announcement....

Verifone to Launch Single Point-of-Sale Integration for Fleet Cards

Global payments technology provider Verifone unveiled a solution that will enable convenience retailers and truck stops to accept WEX and other commercial fleet cards through a single point-of-sale integration. Previously, operators needed...

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