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Coinbase Launches Stablecoin Payments Platform for B2B
PYMNTS.com· 2025-10-16 16:10
Coinbase Business is launching a new B2B payments suite of tools designed to make USDC, a U.S. dollar-backed stablecoin, as easy to move as sending an email.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The new g ...
XYRA Corp. Announces the First AI-Driven, Quantum-Secure Remittance Infrastructure to Unite Global Remittances, FinTech, and Tokenization
Globenewswire· 2025-10-16 13:00
CHATSWORTH, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) -- XYRA Corp., a subsidiary of Cavitation Technologies, Inc. (OTCQB: CVAT), today announced the launch of the first AI-driven, quantum-secure remittance and tokenization network designed for the global economy. The platform addresses the inefficiencies of today’s outdated cross-border systems, tapping into multi-trillion-dollar markets while introducing the first credit card issuance linked directly to remittance flows. Outdated, Costly, and Insecure Global ...
Brazil’s PicPay Considers Launching US IPO This Year
PYMNTS.com· 2025-10-13 18:28
Core Insights - PicPay aims to raise $500 million in a U.S. initial public offering (IPO) potentially occurring this year [1] - The company is currently in discussions with banks regarding the IPO, with the size and timing subject to change [2] - PicPay's previous IPO plans were abandoned in 2021 due to unfavorable market conditions, but the company is now looking to enhance its global visibility and attract new investors [3] Financial Performance - In the first half of 2025, PicPay reported a tripling of net profit year-over-year and a 91% increase in revenue [4] - The number of accounts grew by 13% year-over-year, reaching 64 million, while active users increased by 14%, totaling 41.3 million [4] Strategic Partnerships and Innovations - In November 2024, PicPay partnered with Meta and Microsoft to offer access to Brazil's Pix instant payment system via WhatsApp, aiming to enhance payment adoption [6] - The CEO emphasized the company's focus on profitable growth and customer engagement, positioning PicPay as a primary banking option for millions in Brazil [5]
SEC Relaxes Rules for IPO Prep Amid Government Shutdown
PYMNTS.com· 2025-10-12 22:35
American regulators are making it easier for companies to go public during the government shutdown.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The last time there was a government shutdown, in October 2023, com ...
Nuvei to Power In-Vehicle Payments for Volkswagen Brazil
PYMNTS.com· 2025-10-10 01:05
Group 1 - Volkswagen Brazil has partnered with Nuvei to implement a customized payment infrastructure for subscription-based connectivity services in its vehicles [2][3] - The solution will facilitate recurring payments for connected car services and telecom data packages through an integrated app in Volkswagen's multimedia system [2][3] - Nuvei's global reach is expected to allow Volkswagen to scale this payment solution across additional markets, enhancing customer relationships through seamless payment experiences [3] Group 2 - Embedded finance solutions, like those provided by Nuvei, enable merchants to facilitate purchases without leaving digital platforms, reducing friction and potentially increasing sales [4][5] - The North Carolina Turnpike Authority has launched a pilot program with Volvo and Mastercard for in-vehicle toll payments, indicating a trend towards embedded vehicle commerce [6] - Sheeva.AI has introduced in-vehicle payment technology in Citroën vehicles in India, allowing fuel payments at numerous stations through the automaker's mobile app [7]
Q2 Holdings, Inc. to Attend Upcoming Conference During Fourth Quarter 2025
Businesswire· 2025-10-09 20:30
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, will attend the following conference during the fourth quarter of 2025. Citi's 14th Annual FinTech Conference, November 18, 2025 About Q2 Holdings, Inc. Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2 enables. ...
Klarna Partners With Google Cloud to Drive AI-Powered Personalized Shopping
PYMNTS.com· 2025-10-09 17:08
Core Insights - Klarna and Google Cloud have partnered to enhance the use of artificial intelligence in Klarna's app and operations, targeting improved personalization, creative content, and fraud prevention for its 114 million users globally [1][3]. Group 1: Partnership Details - The partnership will leverage Google Cloud's AI systems to create new in-app experiences and marketing tools, with pilot programs showing a 15% increase in app engagement and a 50% boost in orders [3]. - The initial focus will be on creative production using Google's image and video generation tools, and personalization through AI models to enhance Klarna's library of over 200 million product images [4]. Group 2: Fraud Prevention and Automation - Klarna plans to utilize Google Cloud's computing capabilities to enhance fraud prevention by training graph-based machine-learning models to analyze user and transaction connections for identifying suspicious activities [5]. - The collaboration aims to integrate automation with human-led services, maintaining human support for complex issues while using AI to improve personalization and risk management [6]. Group 3: Industry Trends - The trend of integrating AI with human expertise has shown measurable gains in customer satisfaction, retention, and engagement across various industries, with faster response times and higher resolution rates reported [7]. - Similar initiatives are observed in the FinTech sector, with companies like Revolut also expanding their use of cloud-based AI for personalization and operational scalability [7][8].
JPMorgan Chase Expanding in India to Facilitate Cross-Border Money Movement
PYMNTS.com· 2025-10-09 16:22
Core Insights - JPMorgan Chase & Co. is expanding its operations in India, focusing on enhancing payment services and forming partnerships with Indian FinTechs to facilitate cross-border transactions [2][3] Group 1: Expansion Strategy - The bank aims to assist clients in processing and moving money globally, driven by the increasing use of global capability centers by multinationals in India and the push of Indian companies into international markets [2] - JPMorgan's head of payments for India, Guhaprasath Rajagopal, emphasized the importance of their global network and treasury services in helping Indian businesses navigate complex markets [3] Group 2: Industry Trends - A report highlighted that cross-border payments are becoming increasingly vital, with businesses seeking to reduce friction in international transactions [3] - The three main challenges identified in cross-border payments are slow transaction speeds, lack of transparency, and high costs, making seamless payments essential for businesses looking to expand internationally [4] Group 3: Related Developments - MiniPay, a non-custodial stablecoin wallet, has integrated Noah's financial infrastructure to facilitate global payouts for freelancers and creators, addressing the need for local-like payment experiences without excessive fees [5] - Coinflow, a payment service provider, raised $25 million to enhance its unified global pay-in and payout infrastructure, aiming to provide instant settlement using stablecoins [6] - Coinflow's co-founder highlighted the inefficiencies in current payment systems, which are fragmented and plagued by delays and costs, and proposed a unified solution for secure and instant settlements [7]
Data443 Completes Mission-Critical Upgrade for World's Leading Card Network
Globenewswire· 2025-10-09 12:30
Demonstrates Scalable Data Security Leadership RESEARCH TRIANGLE PARK, N.C., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443”), the “All Things Data Security™” company, today announced the successful completion of a coast-to-coast production upgrade of its Data Placement Manager (DPM) for HPE NonStop (v8.0) for its largest FinTech customer (the “Customer”) —one of the world’s leading card networks. The two-stage cutover, executed on each U.S. coast, was extensively te ...
X @Poloniex Exchange
Poloniex Exchange· 2025-10-09 11:19
Ripple keeps moving where innovation meets regulation. 🌍Bahrain might just become the next big hub for real-world blockchain adoption. $XRPWhale Insider (@WhaleInsider):JUST IN: 🇧🇭 Ripple expands into Bahrain through partnership with FinTechBay to boost blockchain adoption and pilot digital asset projects. https://t.co/JjaCLGSB5l ...