Feed Items
Cryptocurrency company MoonPay says it has acquired payment firm Meso.
“This acquisition represents a major milestone in our evolution to a global payments network connecting banks, card networks, stablecoins and blockchains under a unified regulatory framework,” the company said in its announcement Monday (Sept. 15).
Under the deal, Meso’s co-founders Ali Aghareza and Ben Mills will...
Tranztec Solutions introduced a cloud-based, artificial intelligence-driven software-as-a-service solution that makes it easier to connect trucking carriers’ data and disparate technology systems.
The FuzionPro product benefits carriers and their technology vendors by enabling these connections without the need for custom coding or contracted services to build and maintain them, the...
Any kind of debate around the crypto space’s encroachment into traditional finance has been traditionally dominated by a tug-of-war between stability and growth.
The Bank of England (BOE) recently added to the debate with a controversial proposal to cap how many stablecoins individuals and businesses can hold, setting the limits at a proposed 10,000 pounds to 20,000 pounds (about $13,...
Investors are signaling that the hottest FinTech initial public offerings (IPOs) are not vehicles for frenzied, momentum-based trading but are underpinned by new architectures for traditional financial services.
The transformations are demonstrated in company filings tied to those public listings through the past several days, where double-digit percentage leaps right out of the gate...
SumUp, a United Kingdom-based card reader company, is reportedly considering a stock market listing and initial public offering (IPO).
The FinTech is mulling an IPO that could value the company at $10 billion to $15 billion, the Financial Times (FT) reported Monday (Sept. 15), citing unnamed sources.
SumUp is looking at the New York and London stock exchanges, and a London listing...
More consumers’ rent payments are being reported to credit reporting agencies, possibly because of new laws and consumers self-reporting those payments, according to TransUnion.
The share of consumers whose rent payments are reported rose from 11% in 2024 to 13% in 2025, the global information and insights company said in a Wednesday (Sept. 10) press release.
At the same time, the...
Cryptocurrency companies are reportedly lobbying the Bank of England to rethink its stablecoin ownership limits.
The restrictions would give the United Kingdom more stringent rules for the stablecoin sector than the United States or the European Union, the Financial Times reported Monday (Sept. 15).
The Bank of England is set to propose limits on individual stablecoin ownership of 10,...
Swift conducted tests to demonstrate the potential impact of artificial intelligence in preventing cross-border payments fraud.
The global messaging system collaborated with 13 banks on experiments using privacy-enhancing technologies (PETs) to let institutions securely share fraud insights across borders, according to a Monday (Sept. 15) press release.
In one instance, the PETs...
U.S. tariffs have ushered in a wave of business for lending startups, Bloomberg reported Monday (Sept. 15).
Slope, for example, a company backed by JPMorgan, said applications for its credit lines ballooned by 730% year over year last month, according to the report. The jump came as importers realized that tariffs averaging 50% on Chinese imports would be around until at least November...
They came for the speed, but they stayed for the habit. In “Beyond Speed: The Case for Instant Payout Adoption and Stickiness,” PYMNTS Intelligence, in collaboration with Ingo Payments, reveals a hidden behavioral shift reshaping how United States consumers interact with disbursements. In a world obsessed with real-time everything, this report uncovers how instant payments have quietly evolved...