Core Viewpoint - OBOOK Holdings Inc. is launching OwlPay Cash, a mobile-first remittance app in collaboration with Visa, enabling U.S. users to send money directly to bank accounts in 26 countries, significantly reducing costs and improving transaction speed [3][4][5]. Company Overview - OBOOK Holdings Inc. operates as the OwlTing Group, focusing on blockchain technology and has a diversified ecosystem across payments, hospitality, and e-commerce [7]. - The company is headquartered in Taiwan and has subsidiaries in multiple countries, including the U.S., Japan, and Singapore [7]. Product Features - OwlPay Cash utilizes Visa Direct, connecting to over 11 billion endpoints globally, which helps reduce hidden fees and provides transparency on foreign exchange rates [4]. - The app is designed to cut costs by up to 70% compared to traditional SWIFT options and will be available on major app stores [6][9]. - It offers a mobile-first design for quick and easy transfers, with no monthly fees and built-in foreign exchange conversion [9]. Market Context - Global remittances are projected to reach $905 billion in 2024, with $230 billion originating from the U.S., highlighting the significant demand for affordable remittance solutions [5]. - The U.S. has nearly 48 million immigrants, many of whom rely on remittances for essential expenses [5]. Regulatory Compliance - OwlPay Cash is licensed in 39 U.S. states and is ISO 27001 certified, ensuring user data protection and compliance with regulatory standards [9][11].

Fiserv, Inc. (NASDAQ:FISV) is among the Top 15 Lowest P/E Ratios of the S&P 500 in 2025. On December 4, JPMorgan downgraded the stock’s rating to Neutral from Overweight, with its share price target unchanged at $85. Here Is Why JPMorgan Downgraded Fiserv, Inc. (FISV) To Neutral In a research note to investors, the firm cited 2025 as a year to forget for payment stocks, with the sector projected to mark its worst performance in a decade and a half, excluding the pandemic years. The investment bank attrib ...

Group 1 - Global Payments Inc. (GPN) is projected to have one of the lowest P/E ratios in the S&P 500 for 2025, with a Buy rating and a price target of $125 from Mizuho Securities [1] - Wall Street analysts anticipate a 32% upside for GPN, with a one-year average price target of $103.74 [2][5] - Truist Securities recently lowered its price target for GPN from $90 to $84 while maintaining a Hold rating, citing expectations of reduced share buybacks due to pending regulatory approvals for acquisitions [2][3] Group 2 - GPN announced a $24.25 billion buyout of Worldpay and a simultaneous divestiture of its Issuer Solutions business for $13.5 billion, with transactions expected to close in the first half of next year [4] - As of December 5, 60% of analysts covering GPN have a Hold rating, indicating a cautious outlook among market experts [5]

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. When buy now, pay later giant Klarna said two weeks ago that it’s testing a stablecoin, the firm joined a growing roster of payments processors, card networks, banks and other financial technology companies embracing such digital assets.  More major payments players are leading their customers to stablecoins as the form of digital currency becomes increasingly popu ...

Core Insights - Visa's new Commercial Enhanced Data Program (CEDP) has led to unexpected higher interchange fees for many merchants, as they were unprepared for the changes implemented in October [1][2][4] - The program requires merchants to provide more detailed data to qualify for lower interchange fees, which has resulted in many merchants struggling to meet these new requirements [3][6] Group 1: Visa's New Program - Visa's CEDP, effective from October 17, demands more data from merchants, which is crucial for financial institutions and intermediaries in combating credit card fraud [4][5] - The program has three levels of interchange fees, with level three requiring the most data and offering the highest discounts, while level one serves as the base rate [5][6] Group 2: Merchant Challenges - Many merchants, including large clients processing billions annually, are facing difficulties in adjusting to the new data requirements, leading to increased fees [3][4] - Historically, merchants received level three discounts even with minimal data submission, but the new program aims to eliminate this practice, making it harder to achieve the same discounts [6][7] Group 3: Communication Issues - There has been poor communication from Visa regarding the new program, leaving merchants and consultants without clear guidance, which has contributed to the challenges faced [7]

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Airwallex, a multinational payments platform, has raised a fresh $330 million, taking its valuation to $8 billion, seven months after its last fundraising effort, the company said Monday in a press release. Singapore-based Airwallex also announced a new “dual global headquarters,” adding San Francisco as a base as the company seeks to capture new bus ...

DXC Technology (NYSE: DXC), an enterprise technology and innovation partner, and Aptys Solutions, a provider of end-to-end payments solutions, this week announced a strategic partnership to accelerate payments modernization and simplify how financial institutions (FIs) connect to and manage payments services across networks and channels. The partnership will enable FIs to enhance efficiency, reduce operational risk, and improve customer and member experiences.Aptys Solutions delivers a unified payments plat ...

Core Viewpoint - Nayax Ltd. has successfully completed a tender for qualified investors in Israel, expanding its Series A Notes and Series 1 Warrants, aiming to raise approximately $175.4 million through this offering [1][2]. Group 1: Offering Details - The Securities were offered in units, each consisting of NIS 1,000 principal amount of Notes and three Warrants, with Qualified Investors committing to purchase 658,611 Units for a total of NIS 721,221,919 [2]. - The Company plans to accept undertakings for 518,381 Units at a price of NIS 1,091 per Unit, resulting in gross proceeds of NIS 565,553,671 (approximately $175,420,873) [2]. Group 2: Use of Proceeds - The net proceeds from the Offering, after deducting commissions, fees, and expenses, are expected to be around NIS 560 million (approximately $174 million), which will be used for general corporate purposes, including potential acquisitions [3]. Group 3: Terms of the Notes - The Notes have a fixed annual interest rate of 5.9% and will mature on September 30, 2030, with principal repayments starting in September 2027 [4]. - The repayment structure includes four annual payments, with the first two installments being 10% of the principal amount and the last two installments being 40% each [4]. Group 4: Terms of the Warrants - Each Warrant is exercisable into one ordinary share at an exercise price of NIS 177.80, subject to adjustments based on the NIS-to-USD exchange rate, with the current exercise price at NIS 158.01, representing a 6.4% premium over the closing share price [5]. - The Warrants will expire on March 31, 2027 [5]. Group 5: Company Overview - Nayax is a global commerce enablement, payments, and loyalty platform that assists merchants in scaling their businesses, offering a complete solution for cashless payment acceptance and management tools [10]. - As of September 30, 2025, Nayax operates 12 global offices, employs approximately 1,200 staff, and has connections to over 80 merchant acquirers [10].

Upgrades - HSBC upgraded Visa (V) to Buy from Hold with a price target of $389, up from $335, citing strong financial performance and growth in services [2] - BofA upgraded Synopsys (SNPS) to Neutral from Underperform with a price target of $500, down from $525, anticipating a positive outlook on its upcoming EPS call [3] - Morgan Stanley upgraded General Motors (GM) to Overweight from Equal Weight with a price target of $90, up from $54, reflecting a change in analyst coverage and a revised outlook for the auto sector [4] - TD Cowen upgraded Ulta Beauty (ULTA) to Buy from Hold with a price target of $725, up from $600, due to expectations of stronger merchandising and global growth under new management [4] - Truist upgraded Five Below (FIVE) to Buy from Hold with a price target of $216, up from $179, highlighting the significance of the company's Q3 report [5] Downgrades - Rosenblatt downgraded Netflix (NFLX) to Neutral from Buy with a price target of $105, down from $152, following a significant acquisition announcement [6] - Morgan Stanley downgraded Rivian (RIVN) to Underweight from Equal Weight with an unchanged price target of $12, expressing caution regarding the electric vehicle market [6] - Morgan Stanley also downgraded Lucid Group (LCID) to Underweight from Equal Weight with a price target of $10, down from $30, reflecting a similar cautious outlook [6] - Morgan Stanley downgraded Tesla (TSLA) to Equal Weight from Overweight with a price target of $425, up from $410, citing high valuation and a cautious industry outlook [6] - Deutsche Bank downgraded 3M (MMM) to Hold from Buy with a price target of $178, down from $199, indicating limited upside potential through 2028 [6] - Benchmark downgraded Marvell (MRVL) to Hold from Buy, removing the price target, due to competitive losses impacting growth projections [6]

Core Insights - Tencent's TenPay Global and Mastercard Move have partnered to facilitate quick and transparent digital remittances to Weixin Pay, enhancing cross-border payment capabilities for users globally [1][2] - The integration aims to create a seamless pathway for international transactions into mainland China, leveraging Mastercard Move's extensive network [2][3] - The partnership will provide access to over 1.4 billion Weixin and WeChat users, allowing for rapid money transfers through various financial institutions [4][5] Group 1 - The collaboration is designed to meet the growing money transfer needs of a globally connected user base, ensuring swift and safe fund transfers [3][6] - Mastercard Move connects to approximately ten billion endpoints worldwide, including bank accounts and digital wallets, enhancing the reach of the service [3] - The partnership aims to embed financial services into everyday life, expanding access and empowering users in the digital economy [5][6] Group 2 - TenPay Global's integration with international payment partners and global users aims to deliver comprehensive solutions for cross-border remittances and commerce [6] - The partnership reflects the increasing importance of digital wallets in the Asia Pacific region, providing users with fast and secure access to funds [5][6] - Mastercard's enhancements to its commercial payment offerings in October 2025 further support the initiative to modernize payments across the region [7]