Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Block’s membership in the index comes as it transitions into an all-in-one finance platform that offers debit cards and loans to clients.
Klarna says the card will offer one free tier and two paid tiers that include discounts and better cashback rates.
Square parent Block said it’ll start supporting bitcoin later this year, reaching all 4 million of its sellers by next year.
All executive departments and agencies have been asked to transition to Electronic Funds Transfer (EFT) methods.
It seems like Affirm’s buy-now-pay-later partnership with Walmart wasn’t on quite such firm ground, after all.
The news comes as Klarna is gearing up for a US IPO, and as regulation of the BNPL sector hangs in the balance post-Trump.
PayPal wants to make crypto transactions less risky.
Mastercard is acquiring Minna Technologies, which specializes in letting bank and card customers manage (and cancel) subscription services.
Mastercard’s interest in this tech could help legitimize crypto in the broader scheme of traditional finance.
Walmart will soon roll out an option that would allow consumers to pay for online orders directly via instant bank account transfers.
Major US banks are being probed by the Consumer Financial Protection Bureau (CFPB) over how they handle fraud on P2P payments app Zelle.
PayPal is harnessing purchase data to join the ever-growing list of companies with a new offshoot advertising business.
But the new don’t require platforms to report how they interact with credit bureaus, keeping many transactions in a black box.
Stripe wants to make crypto payments seamless as it steps back into the market.
One study projects the continent’s digital payment ecosystem will grow 30% a year through 2025.