FintechDaily Staff – Page 23

PicPay of Brazil Targets IPO in the U.S.

Brazilian fintech PicPay is aiming to raise up to $500 million in a US initial public offering, as reported by Bloomberg. The company is collaborating...

Mastercard Launches Platform to Enhance Payment Approval Rates

Mastercard has launched the Payment Optimisation Platform (POP), aimed at enhancing approval rates for merchants by leveraging data to make informed transaction decisions. Adyen, Neopay,...

Wise Obtains Retail Payments License in the UAE

UK-based fintech Wise has received approval from the Central Bank of the UAE to offer its money transfer and payment services in the Middle East...

Visa Introduces Trusted Agent Protocol for AI Commerce

Visa has introduced a new protocol designed to serve as a foundational framework for enabling AI agents to process payments on behalf of users and...

Net Zero Banking Alliance Ceases Operations

The Net Zero Banking Alliance (NZBA) has announced its immediate dissolution after a significant downturn in confidence, marked by the departure of several prominent banks....

Mastercard and Coinbase Compete for Stablecoin Company BVNK

Mastercard and Coinbase are competing to acquire stablecoin infrastructure platform BVNK in a deal potentially valued at up to $2.5 billion, as reported by Fortune....

Fintech CEO Warns US Shutdown Could Trigger Regional Bank Crisis

The layoffs of federal workers in the US due to the government shutdown could lead to significant gaps in banking regulation, warns Adam Turmakhan, CEO...

China Investigates Qualcomm for Antitrust Violations

US semiconductor manufacturer Qualcomm is currently under investigation in China for allegedly breaching antitrust laws related to its acquisition of Autotalks. China’s market regulator, the...

Big Issue Teams Up with FumoPay to Enable Sellers to Accept Open Banking Payments

Big Issue, a magazine sold by the homeless throughout the UK, is collaborating with open banking provider fumopay to pilot a QR code-based payment system...

Revolut Poised for Launch in India

Revolut is set to launch its payments platform in India later this year, aiming to attract 20 million customers by 2030. UK-based Revolut will allow...