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Fuse raises $6.6m to power cross-border payments in Mena
Truelayer and BVNK veterans have raised $6.6 million for their startup building the infrastructure to power real-time cross-border payments in the Middle East and North Africa. Truelayer and BVNK veterans have raised $6.6 million for their startup building the infrastructure to power real-time cross-border payments in the Middle East ... Read More
Ripple Integrates RLUSD Stablecoin into Cross-Border Payments
Ripple has officially integrated its RLUSD stablecoin into its cross-border payments platform, marking a major milestone for the company’s enterprise-focused digital asset. Launched in December, RLUSD has quickly gained traction, nearing $250 million in market cap and $10 billion in trading volume. According to Jack McDonald, SVP of ... Read More
PSR accused of “failure of vision” over light-touch remedies on card scheme fees
The Payment Systems Regulator has set out a series of remedial measures to address the scheme and processing fees imposed on merchant by Visa and Mastercard. The Payment Systems Regulator has set out a series of remedial measures to address the scheme and processing fees imposed on merchant by Visa and ... Read More
Monzo Co-Founder Predicts AI Will Replace Software Engineers Within Five Years
Monzo co-founder and Y Combinator partner Tom Blomfield has sparked fierce debate by declaring that artificial intelligence will soon render traditional software engineering obsolete. In a series of posts on X (formerly Twitter) and a follow-up blog, Blomfield argued that AI coding tools have advanced to the point where they will soon ... Read More
Wise shares jump on upgraded forecasts
Shares in money transfer firm Wise jumped six percent in early morning trading as it posted preliminary figures ahead of its capital markets day event. Shares in money transfer firm Wise jumped six percent in early morning trading as it posted preliminary figures ahead of its capital markets day ... Read More
PayPal Launches Advertising Platform in the UK, Leveraging Purchase Data for Targeted Ads
PayPal is expanding into the digital advertising space with the launch of its new advertising platform in the UK. The service, called PayPal Ads, will allow merchants to target customers with personalized offers based on their actual purchase history across the internet, down to specific products and stock-keeping units (SKUs). This ... Read More
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