June 16, 2025 07:14 AM GMT Payments and Processing | North America M Idea Seven Things to Know about Stablecoins Stablecoin enthusiasm has grown recently as the GENIUS Act (which would codify stablecoin requirements) makes its way through the US Congress and large retailers are reportedly exploring issuing stablecoins. Here, we outline 7 things we think investors should know about stablecoins. Stablecoins defined. Stablecoins are generally a cryptocurrency category where the value of the coin is intended to ...

Dublin, June 16, 2025 (GLOBE NEWSWIRE) -- The "Competitor Profile: Apple Pay 2025" company profile has been added to ResearchAndMarkets.com's offering.Apple Pay is a mobile payment solution launched by Apple in October 2014. It allows users to store their payment card details to use for future payments. The report offers detailed information and insights into Apple Pay, including a thorough overview of its business operations, products and services, and a comparative assessment with key alternative payment ...

Core Insights - PayPal is a leading global payment services provider, specializing in digital payments, mobile and ecommerce, fund transfers, and payment processing [2][3] - The company has expanded its capabilities through multiple acquisitions and operates in over 200 markets, accepted by over 35 million merchants globally [3] - PayPal is focusing on expanding its Buy Now, Pay Later (BNPL) services and has entered the cryptocurrency space, reflecting its strategy to adapt to evolving consumer preferences [4] Business Operations - PayPal operates as an independent publicly traded company since its spinoff from eBay in July 2015 [3] - The platform supports transactions in over 100 currencies and integrates with all major payment networks [3] Product and Service Offerings - Recent product launches include Fastlane, a guest checkout feature, and PayPal Open, a unified platform for merchant services [5] - PayPal Savings, an interest-bearing savings account, was launched in collaboration with Synchrony Bank [4] Performance Highlights - The report provides insights into PayPal's operational and financial performance, benchmarking it against competitors [8][11] - Significant milestones include the introduction of Siri voice command functionality in November 2016 and the acquisition of Curv in May 2021 to enhance cryptocurrency services [8] Revenue Model - The report details PayPal's revenue model, highlighting its diverse product offerings and market strategies [8][11] Significant Events - Key events include the launch of PayPal in October 1999, the introduction of BNPL services, and the opening of a new regional hub in Dubai in April 2025 [8]

Core Viewpoint - Beijing Gao Huitong Commercial Management Co., Ltd. has voluntarily reduced its business scope by exiting the prepaid card issuance and acceptance business, while retaining its Class I stored value account operations, as approved by the People's Bank of China [4][5]. Company Summary - Gao Huitong was established in August 2008 and is headquartered in Beijing, with branches in Shanghai, Hangzhou, Shenzhen, and Guangzhou [2]. - The company received its payment business license for prepaid card issuance and acceptance in June 2012, and expanded its license in July 2013 to include internet payment services [5]. Business Changes - The recent approval from the People's Bank of China allows Gao Huitong to exit Class II stored value account operations, which includes prepaid card issuance and acceptance [4]. - The company aims to concentrate resources on developing more competitive internet payment services, aligning with industry trends and strategic optimization needs [7]. Regulatory Context - In 2025, six payment institutions have had their licenses revoked, indicating a trend of consolidation and regulatory tightening within the payment industry [8][10]. - The total number of active payment licenses has decreased to 169, reflecting ongoing adjustments in the market [8]. Compliance Issues - Gao Huitong faced compliance challenges, including a significant fine totaling approximately 27.87 million yuan for various violations, such as unauthorized barcode payment operations and failure to enforce real-name account verification [6][7]. - The company has stated that the recent adjustments to its business model were conducted in compliance with regulatory requirements and that customer rights have been safeguarded [7].

- Unveils Plans to Initiate Digital Asset Acquisition Strategy – - Enters LOI to Acquire Complementary Entity – - Realigns Corporate and North America Operations - SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging electronic payment technology, has submitted a registration statement on Form S-1 with the Securities and Exchange Commission. The number of shares to be offered and the price range ...

SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging electronic payment technology, has appointed industry veteran Brett Moyer as an independent member of its board of directors, effective immediately. “I’m delighted to welcome Brett Moyer to our board,” said RYVYL Co-founder and Chairman Ben Errez. “Brett’s experience in building companies and proven expertise in scaling and licensing technolog ...

This report that potentially we see Amazon were already really galvanizing themselves to have their own stablecoins. How quickly could that up end Visa and MasterCard. Well, look, I think if you're a major technology company or you're a major commerce firm or you're a major financial institution, when you get legal certainty that stablecoin money is a new form of electronic money that is available to the global financial system, you're going to you're going to pay attention. And obviously you're going to lo ...

Key Takeaways Visa saw 8% Y/Y growth in Q2 fiscal 2025 payments volume and 9% growth in processed transactions. V is deepening fintech ties via an extended TabaPay deal and new Visa Direct account and wallet features. Visa launched a Commercial Integrated Partners program to enhance fintech connectivity and services.Visa Inc. (V) focuses on sharpening its edge in the digital payments space through robust and growing fintech partnerships, acquisitions and platform building. It is redefining its role from a ...

Key Takeaways Visa adds hotel deals and perks at over 1,000 luxury properties across Asia Pacific to Infinite cards. Infinite cardholders get discounts at airports, duty-free shops and exclusive retail programs. Complimentary VIP lounge access and fast lanes in Europe elevate travel perks for Visa customers.Visa Inc. (V) recently announced an extensive enhancement of its Visa Infinite card benefits in 18 markets across the Asia Pacific region. The refreshed benefits focus strongly on travel experiences. V ...

Key Takeaways AFRM grew active merchants 23% YoY in fiscal 3Q 2025, reaching around 358,000 partners. GMV surged 36% YoY to $8.6B in fiscal 3Q 2025, with FY25 GMV forecasted at $35.7-$36B. Merchant network revenues rose 34.3% YoY, backed by key partnerships and product enhancements.Affirm Holdings, Inc. (AFRM) is primarily focusing on growth and merchant expansion. It is strengthening its position in the competitive market of Buy Now Pay Later (BNPL) through merchant adoptions on its platform. The company ...