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Clear Junction adds support for on-chain stablecoins

/payments

Clear Junction adds support for on-chain stablecoins

Embedded payments platform Clear Junction has launched a new on-chain stablecoin transfer service, the first product in a wider suite of digital asset services under development to meet increasing demand from fintechs, payment service providers (PSPs), and regulated financial institutions.

Interledger Protocol targets interoperable stablecoins

/payments

Interledger Protocol targets interoperable stablecoins

The Interledger Foundation (ILF) is extending its efforts to promote the creation of an interoperable payments network to include stablecoins.

TPG and Bluecode launch pan-European mobile payment service

/payments

TPG and Bluecode launch pan-European mobile payment service

The Payments Group (TPG), has become the first pan-European issuer of the Bluecode scheme, giving people across the continent access to a prepaid-based mobile payment alternative to Visa and Mastercard.

Fiserv acquires part of TD's Canadian merchant business

/payments

Fiserv acquires part of TD's Canadian merchant business

Canada's TD Bank is selling part of its merchant processing business to Fiserv as part of a wider agreement with the US payments giant.

Wise US relisting plan faces pushback from co-founder and proxy advisers

/payments

Wise US relisting plan faces pushback from co-founder and proxy advisers

Wise's plan to move its primary listing to the US is drawing fire from co-founder Taavet Hinrikus and proxy advisory firms because the vote on the move will also ask shareholders to greenlight an extension of the money transfer company's dual-class share structure.

Corpay agrees $2.2bn Alpha Group takeover

/payments

Corpay agrees $2.2bn Alpha Group takeover

Corporate payments outfit Corpay has agreed to buy British peer Alpha Group for $2.2 billion in cash.

UK competition authority takes on Apple over digital wallets

/payments

UK competition authority takes on Apple over digital wallets

The UK's Competition and Markets Authority (CMA) says it will take action to ensure Apple opens up restrictions on fintechs offering their own digital wallets on iPhones.

PayPal unveils integration with domestic wallets across the world

/payments

PayPal unveils integration with domestic wallets across the world

PayPal has unveiled a series of global partnerships that will connect many of the world’s largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo.

Bitget Wallet partners MoonPay for stablecoin-to-fiat offramp

/payments

Bitget Wallet partners MoonPay for stablecoin-to-fiat offramp

Bitget Wallet has partnered MoonPay to launch a fiat withdrawal feature that allows users to convert stablecoins directly into cash.

Stripe joins forces with payments API provider Orum

/payments

Stripe joins forces with payments API provider Orum

Stripe is bringing in Stephany Kirkpatrick, the founder and CEO of payments orchestration firm Orum. Financial terms were not disclosed.

Monzo and Starling co-founder invests in UK fintech startup Monet

/payments

Monzo and Starling co-founder invests in UK fintech startup Monet

Monet, a financial cashflow startup targetting the creative industry sector, has secured an early-stage funding commitment of £17 million led by prominent UK banking executives ahead of closing its seed round this July.

Nordea taps Mynt to roll out an expanse management system for SMEs across the Nordics

/payments

Nordea taps Mynt to roll out an expanse management system for SMEs across the Nordics

Swedish fintech Mynt has been selected by Nordea, the largest bank in the Nodics, to launch a business credit card and spend management service for small and medium-sized enterprises (SMEs) across Sweden, Norway, Denmark and Finland.

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