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Fiserv buys cash manager to boost stablecoin
Yahoo Finance· 2025-09-29 10:36
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Fiserv is acquiring StoneCastle Cash Management, a cash management firm that provides banks liquidity, and will leverage the firm’s platform to bolster its FIUSD stablecoin, the payments giant said Monday in a press release. Fiserv said the StoneCastle acquisition will allow it to become “a technology-enabled source of billions of dollars of institut ...
Checkout.com announces employee share buyback at $12bn valuation
Yahoo Finance· 2025-09-29 08:31
Core Insights - Checkout.com plans to launch an employee share buyback program at a valuation of $12 billion, aiming for over 30% net revenue growth in its core business for the current fiscal year [1] - The company anticipates processing more than $300 billion in eCommerce payment volumes this year, with daily processing exceeding $1 billion [2][3] - Checkout.com reported a 45% increase in net revenue growth for its core operations, indicating strong performance and strategic partnerships [3] Business Strategy - The company focuses on delivering value to merchants through partnerships with leading brands like eBay and ASOS, enhancing its position in the digital economy [2] - Checkout.com is onboarding enterprise partners to address merchants' needs for better payment data and higher conversion rates [3] - Plans for sustainable expansion include a 15% growth in workforce, adding 300 new employees by the end of the year [4] Technological Advancements - Investments in machine learning and AI, particularly in agentic commerce, have improved payment performance, unlocking an additional $15 billion in revenue for merchants [6] - New functionalities such as Visa Intelligent Commerce and Mastercard Agent Pay have been embraced, along with support for Google's Agent Payment Protocol [5] - The company has launched card issuing services in collaboration with Visa to streamline merchant transactions [4]
Visa Announces General Availability of VCS Hub; Ushers in a New Era of AI-Powered Commercial Payments Innovation
Businesswire· 2025-09-29 07:00
Core Insights - Visa Inc. has launched the Visa Commercial Solutions (VCS) Hub, a new platform aimed at transforming commercial payments for issuers and fintechs globally [1] - The VCS Hub is designed to provide a smarter and more seamless experience for users, indicating a significant advancement in payment technology [1] - Future expansions of the VCS Hub will include next-generation AI capabilities, enhancing its functionality and user experience [1]
Malaysia Aviation Group announces digital partnership with Adobe, Google, Skyscanner and Visa
Reuters· 2025-09-29 06:53
Core Insights - Malaysia Aviation Group has announced a collaboration with Adobe, Google, Skyscanner, and Visa to enhance its online travel booking services [1] Company Collaboration - The partnership aims to improve the digital experience for customers using Malaysia Airlines' online travel booking platform [1] - Collaborating with major tech and travel companies indicates a strategic move to leverage technology for better service delivery [1] Industry Impact - This collaboration reflects a growing trend in the aviation industry where airlines are increasingly partnering with technology firms to enhance customer engagement and streamline booking processes [1] - The involvement of well-known brands like Adobe and Google suggests a focus on integrating advanced technology and data analytics into travel services [1]
Visa Growth Corporates Working Capital Index Reveals Rise of the Strategic Planner and Adaptable Accelerator Shaping the Future of Liquidity Management
Businesswire· 2025-09-29 06:00
Core Insights - The article highlights a significant shift in financial strategy among mid-sized companies, indicating that working capital is now viewed as a growth engine rather than merely a buffer [1] Group 1: Working Capital Insights - The findings are based on insights from over 1,400 CFOs and Treasurers across 10 industries and 23 countries [1] - Companies are increasingly leveraging digital tools to enhance their working capital management [1]
Corpay and Mastercard Move Extend Near Real-Time Payments to New Markets
Businesswire· 2025-09-29 06:00
Core Insights - Corpay and Mastercard are expanding their collaboration to facilitate near real-time payments to 22 new markets across Asia, Europe, the Middle East, Africa, and Latin America [1] Company Collaboration - The expansion builds on over a decade of collaboration between Corpay and Mastercard [1] - The initiative leverages Mastercard Move's money movement capabilities [1]
One Small Step for PayOS; One Giant Leap for Agentic Commerce; PayOS Performs Live Agentic Token Transaction in Partnership with Mastercard
Globenewswire· 2025-09-29 05:26
Core Insights - PayOS has successfully completed a landmark agentic payment transaction using a Mastercard Agentic Token, marking a significant milestone in the agentic commerce space [1] - The transaction utilized Mastercard Agent Pay, which enhances tokenization capabilities for secure and transparent payment processes, ensuring user consent, authentication, and fraud protection [2][4] - PayOS aims to onboard both agentic and traditional customers, leveraging network tokenization and advanced processing capabilities to enhance payment experiences [4] Company Overview - PayOS is a card-native payments and services platform designed for the agentic era, focusing on managing payment risk, preventing fraud, and improving user experience [5] - The platform enables AI-driven checkout through secure, network-issued payment tokens, facilitating seamless transactions across global websites [5][6] - PayOS offers value-added services that enhance user experience and address payments risk and fraud, alongside infrastructure for efficient agent monetization and bill payments [6]
Solaris Selects ACI Connetic to Future-Proof Payments Infrastructure
Businesswire· 2025-09-29 05:00
Core Insights - ACI Worldwide has announced that Solaris SE has chosen ACI Connetic to consolidate all SEPA instant payments onto its platform, highlighting ACI's leadership in global payments technology [1] Company Summary - ACI Worldwide is recognized as an innovator in global payments technology, emphasizing its role in providing advanced payment solutions [1] - Solaris SE is identified as Europe's leading embedded finance platform, indicating its significant position in the financial technology landscape [1] Technology Overview - ACI Connetic is described as the industry's only unified solution that integrates account-to-account (A2A) payments, card processing, and AI-powered fraud detection, showcasing its comprehensive capabilities [1]
Exxon Mobil And Visa Among 16 Companies To Announce Annual Increases In October
Seeking Alpha· 2025-09-27 12:45
Group 1 - The article emphasizes the effectiveness of buying dividend growth stocks and reinvesting dividends as a strategy for long-term wealth growth [1] - The author has experience with various investment vehicles including stocks, options, ETFs, treasury notes, and mutual funds [1] - The blog HarvestingDividends.com focuses on providing information about S&P Dividend Aristocrats and other dividend growth stocks [1]
Billionaires Buy 2 Monster IPO Stocks Shaping the Future of Technology
The Motley Fool· 2025-09-27 08:02
CoreWeave - CoreWeave is reshaping the cloud computing industry with AI-focused data centers, providing infrastructure and software services for AI model training and application development [5][6] - The company has a strong partnership with Nvidia, allowing it to be first to market with the latest chips, and its technology stack is optimized for AI, resulting in better performance and lower costs for customers [6][7] - CoreWeave has gained recognition as a technology leader among AI cloud platforms, outperforming larger competitors and winning high-profile customers like Google, Meta, Microsoft, Nvidia, and OpenAI [7][8] - The cloud computing market is currently valued at approximately $940 billion and is expected to grow to $2.4 trillion by 2030, with CoreWeave projected to benefit significantly from this growth [9] Circle Internet Group - Circle is the issuer of USDC and EURC stablecoins, which combine the stability of fiat currencies with the efficiency of blockchain technology for fast and inexpensive transactions [10] - The Circle Payments Network (CPN) aims to enhance the global financial system by reducing costs and improving settlement times compared to traditional wire transfer systems [11] - Circle reported a 53% increase in revenue to $658 million in the second quarter, driven by strong growth in interest income from reserve assets [12] - The stablecoin market is currently valued at around $300 billion, with projections suggesting it could reach between $1.9 trillion and $4 trillion by 2030, positioning Circle as a potential major beneficiary [14]