Payments

Search documents
Trust Stamp Partners with Neural Payments to Bring Innovative ID Security to the $3.2 Trillion P2P Payment Sector
Globenewswire· 2025-06-30 13:30
Core Insights - Trust Stamp has partnered with Neural Payments to enhance security in person-to-person (P2P) payments, addressing the rising concern of fraud in the banking sector [1][3] - The global P2P payment market is projected to grow from USD 3.63 trillion in 2025 to USD 16.21 trillion by 2034, with a compound annual growth rate (CAGR) of 18.10% [2] Company Overview - Trust Stamp is a global provider of AI-powered identity services, focusing on reducing fraud and enhancing data privacy across various sectors, including banking and finance [5][6] - Neural Payments offers real-time P2P payment solutions and advanced fraud prevention, serving nearly 80 financial institutions [3] Partnership Details - The integration of Trust Stamp's low-code Orchestration Platform with Neural Payments aims to streamline identity verification processes, utilizing selfie-based reauthentication for payments [1][3] - The partnership is designed to provide financial institutions with tools to mitigate fraud and improve customer experience, aligning with community bank priorities [4] Industry Context - The rise of popular P2P apps has led to increased fraud attempts, with 8% of banking customers reporting being victims of P2P scams in the past year [1][2] - The collaboration between Trust Stamp and Neural Payments is seen as a proactive approach to address the pressing challenges of fraud in the financial sector [4]
Stablecoin integration sends this stock skyrocketing 100%
Finbold· 2025-06-30 13:24
The share price of e-commerce retailer Webuy Global (NASDAQ: WBUY) is breaking out as investors react to news of a partnership with Coinbase Commerce, which will enable stablecoin payments.In pre-market trading on Monday, WBUY surged over 94%, reaching $10.94, up from the previous session’s close of $5.31.Webuy Global pre-market trading chart. Source: RobinhoodThe sharp rally reflects growing investor enthusiasm about the company’s pivot toward digital payment solutions, particularly for international trave ...
Euronet and Jalin Awarded Best Retail Payment Technology in Asia by The Asian Banker
Globenewswire· 2025-06-30 13:00
Core Insights - Euronet and Jalin have been awarded the "Best Retail Payment Technology Initiative in Asia Pacific" for their efforts in modernizing Indonesia's national payment infrastructure, recognized as one of the most ambitious projects in the region [1][4]. Company Overview - PT Jalin Pembayaran Nusantara, a subsidiary of Indonesia's state-owned Danareksa, is a key player in Indonesia's Central Payment Infrastructures, serving over 85 financial institutions and fintech providers [10][11]. - Euronet, founded in 1994, is a global leader in payments processing, with a network connecting to 4 billion bank accounts and 3.2 billion digital wallets across more than 200 countries [6]. Initiative Details - Jalin selected Euronet's Ren Payments Platform to enhance its payment processing capabilities, facilitating services such as interbank ATM transactions, POS, and QR code payments [2]. - The initiative includes the consolidation of ATM networks from Indonesia's four state-owned banks into a unified platform called ATM Link, enhancing operational efficiency and reducing costs [3]. Market Context - The initiative aligns with Indonesia's shift towards digital payments, with a reported 30% year-on-year growth in digital transaction volume in 2024, driven by mobile banking and fintech adoption [5].
Can Mastercard Outmaneuver The Threat Posed By Stablecoins?
Seeking Alpha· 2025-06-27 14:30
Everyone knows that MasterCard (NYSE: MA ) is an absolute juggernaut in the world of traditional payments—a company synonymous with credit and debit cards, significant scale, and global trust.At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable insights to help you achieve better returns.All of the analysis we produce is designed to help you make ...
StoneCo Stock Rides on Product Innovation, Attractive Valuation
ZACKS· 2025-06-27 13:06
Core Insights - StoneCo Ltd. (STNE) is experiencing growth driven by continuous product innovation, enhancing its digital ecosystem to better serve micro, small, and medium-sized businesses (MSMBs) in Brazil [1][4] Product Innovations - Key innovations include the Pix QR Code solution for instant peer-to-merchant payments, TapTon for mobile payment acceptance, Payment Link for personalized payment URLs, and Web Checkout for improved online shopping experiences [1][2] - Additional offerings include a POS Gateway for in-store payments, a Payment Service Provider platform for marketplaces, and Split Payments to divide transactions among multiple recipients [2] Market Trends - StoneCo's software portfolio is well-positioned to benefit from Brazil's rapid transition to digital payments, with a 95% year-over-year increase in Pix transaction volume and a 10% rise in card transactions in Q1 2025 [3][8] - The company's cloud-based POS and ERP platforms are becoming essential for merchants moving away from cash [3] Competitive Landscape - Competitors like MercadoLibre, Inc. and NU Holdings Ltd. are also expanding their digital payment solutions, with Mercado Pago offering a comprehensive suite of services and Nubank providing secure, one-click checkouts and mobile POS solutions [5][6] Stock Performance - Year-to-date, StoneCo's shares have increased by 87.6%, significantly outperforming the industry growth of 14.2% and the S&P 500's growth of 3% [7] Valuation - StoneCo's stock is trading at a forward 12-month price-to-earnings (P/E) ratio of 9.78X, which is lower than the industry average of 40.16X, indicating an attractive valuation [10]
X @Decrypt
Decrypt· 2025-06-26 18:05
Market Trends - Crypto exchange Kraken launched Krak, a peer-to-peer payments app to compete with CashApp and Venmo [1]
Big Ten and Big 12 Enter Historic Partnerships with PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model
Prnewswire· 2025-06-26 12:00
Core Insights - PayPal has entered multi-year agreements with the Big Ten and Big 12 Conferences to modernize the distribution of institutional payments to student-athletes through a new revenue-sharing model [1][2][3] - The initiative aims to provide a secure, efficient, and transparent method for athletic departments to dispense payments, enhancing the financial experience for student-athletes [1][4] - Venmo will play a significant role in campus life, expanding its commerce capabilities and becoming a preferred payment partner for tuition payments at select schools [4][5][6] Company Initiatives - PayPal will facilitate institutional payments to student-athletes, allowing them to access funds through their PayPal wallets for various purchases, including event tickets and textbooks [1][3] - Venmo is enhancing its presence on college campuses by sponsoring major athletic events and enabling real-world campus spending, including at bookstores and for ticketing [5][8] - The first phase of the rollout for institutional payments is expected to begin in summer 2025, with tuition payments through PayPal anticipated to launch in early 2026 [9] Market Impact - The partnerships with the Big Ten and Big 12 Conferences are expected to revolutionize college sports by allowing direct revenue sharing with student-athletes [2][4] - Venmo's user base, with over 64 million monthly accounts in the U.S., positions it well to become integral to student financial transactions on campuses [7] - The collaboration is set to empower student-athletes and enhance their financial management through a trusted platform they are already familiar with [4][6]
Virgin Voyages Selects Nuvei to Power In-App Payments on the "World's Most Irresistible Cruise Line"
Prnewswire· 2025-06-25 12:00
Nuvei expands long-standing Virgin partnership, reinforcing leadership in powering next-gen travel commerceMONTREAL, June 25, 2025 /PRNewswire/ -- Nuvei today announced that it has been selected by Virgin Voyages to power in-app purchases aboard its award-winning cruise ships. The new agreement continues Nuvei's growing partnership with the Virgin family of brands, which includes Virgin Holidays and Virgin Atlantic, and strengthens its position as a leading payments provider in the global travel and hospita ...
Mizuho's Dan Dolev gives his bullish case for payments stocks
CNBC Television· 2025-06-24 18:24
Dan Dolev, Mizuho senior analyst, joins 'The Exchange' to discuss Stablecoin threats, credit card rewards and his bullish case for payments stocks. ...
Will Stablecoins Kill Visa's Cash Cow?
The Motley Fool· 2025-06-24 09:00
Legislation is scaring investors out of the stock.Cryptocurrency is threatening Visa's (V 1.65%) business again in the form of stablecoins -- at least, that's today's narrative. The payments-network giant is down almost 10% from all-time highs, likely due to new stablecoin legislation that's working its way through Congress. Merchants and financial technology players are building acceptance of these cryptocurrencies as a way to pay for goods and services, perhaps circumventing Visa altogether.What are stabl ...