Finovate

SEPTEMBER 25, 2024

Xero and Klarna have partnered to allow small businesses to offer buy now, pay later (BNPL) options at checkout, giving consumers more flexible payment choices. Under the partnership, Xero’s small business clients will have access to BNPL capabilities that may help boost revenue and enable more large-ticket sales.

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BNPL Small Business Payments Credit Cards 59

Fintech Finance

OCTOBER 17, 2024

Klarna , the AI-powered global payments network and shopping assistant, is now available to users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later. With 85 million active consumers, Klarna is the biggest global BNPL provider in the world.

Underwriting 111

Underwriting BNPL Payments Checks 111

Fintech Finance

SEPTEMBER 24, 2024

Klarna , the AI-powered global payments network and shopping assistant, is working with global small business platform Xero , to help small businesses accept payments from consumers wanting a ‘buy now, pay later’ option. Klarna offers an alternative to credit cards with strong guardrails which enable responsible spending.

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Small Business BNPL Credit Cards Payment Networks 98

Clearly Payments

FEBRUARY 14, 2024

In this article, we give an overview of the complex ecosystem of payment processing, exploring the roles of various players, the dynamics of competition, and the ever-evolving landscape of financial transactions. trillion in payment volume. trillion in payment volume. In 2023, Visa alone facilitated a staggering $18.6

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Payments Value Added Service BNPL ISOs 104

Fintech Finance

DECEMBER 13, 2023

Klarna , the AI-powered payments network and shopping assistant, today announced an agreement with CarTrawler , the leading B2B technology provider of car rental and mobility solutions to the global travel industry. All of these measures lead to losses that are less than 1%, 30-40% lower than credit card companies. “We

BNPL 52

BNPL Agreements Credit Cards On-Demand 52

PYMNTS

SEPTEMBER 21, 2020

FLEETCOR Buys AFEX To Boost Cross-Border Payments. Global business payments firm FLEETCOR has struck a deal to buy Associated Foreign Exchange (AFEX) to assist in bolstering its own payments network. Cape Debuts 'Recession Fighting' Credit Card.

Cross-Border Payments 89

Cross-Border Payments Cross-Border NACHA Cybersecurity 89

Fintech Finance

AUGUST 15, 2024

Klarna , the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. The product launches come hot on the heels of the new Klarna Card , announced in the US on April 17.

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Payment Networks Credit Cards Returns Accounts 97

Fintech News

NOVEMBER 5, 2024

Instant payment linkages, including QR code-based transactions, are now operational between Singapore and Malaysia, Thailand, and Indonesia, enabling seamless and instant payments across borders. In August 2024, Trust Bank expanded its credit portfolio with Split Purchase and Balance Transfer.

Continuity 107

Continuity FinTech Cross-Border Payments Cross-Border 107

Clearly Payments

FEBRUARY 19, 2024

The payment landscape in the United States is experiencing notable shifts in consumer preferences and behavior. According to the Federal Reserve, cash usage is on the decline, with only 60% of US businesses accepting it as a form of payment. million, underscoring the vastness and diversity of the e-commerce ecosystem.

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Process Digital Currency Online and Mobile Banking Payments 102

CB Insights

JUNE 7, 2021

For example, Klarna partnered with Marqeta to safely pay online retailers on behalf of its riskier buy now, pay later (BNPL) customers. Klarna uses Marqeta’s API to create virtual cards, which gives the merchant immediate payment while allowing BNPL customers to pay interest-free installments over time. .

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Issuers Card Issuer Payment APIs and Integration Innovation 73

Fintech News

MAY 7, 2024

The company specializes in discounted consumer goods, and offers a diverse array of payment methods, including major credit cards like Visa, Mastercard, and Discover, digital wallets like Apple Pay and Google Pay, PayPal, as well as and buy now, pay later (BNPL) arrangements.

Cross-Border Payments 110

Cross-Border Payments Cross-Border Payment APIs and Integration APACS 110

M2P Fintech

MARCH 28, 2024

C losed-loop Payment System Closed-loop payment systems are payment networks that operate within their exclusive networks, confining transactions to specific merchants or vendors. These loans include term loans, credit cards, BNPL , and auto loans.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

Fintech Labs Insights

JANUARY 24, 2025

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. Well also link to important demos, podcasts and YouTube videos.

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Product FinTech Online and Mobile Banking Credit Union 12

The Fintech Times

APRIL 23, 2024

“To meet the needs of this evolving landscape, a notable shift is taking place towards leveraging flexible payment infrastructure via the use of APIs. From a buyer’s perspective, the greater breadth of payment options is increasing purchasing power. . “Alignment between buyers and sellers is simply so much stronger now.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration Government 59

The Fintech Times

APRIL 23, 2024

Klarna , the AI powered global payments network and shopping assistant, has upgraded its services in the US as it opens a waitlist for a new Klarna card and partners with Expedia Group to expand its services to travellers. Additionally, Klarna’s global default rate stands at less than one per cent.

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Credit Cards Federal Reserve BNPL Consumer 64

Fintech Finance

APRIL 17, 2024

Klarna , the AI powered global payments network and shopping assistant, today announced it has opened its waitlist for the new Klarna Card to all US consumers. ” In 2023 credit card debt hit a new record high of $1.13 ” In 2023 credit card debt hit a new record high of $1.13

Credit Cards 52

Credit Cards Federal Reserve BNPL AI 52

PYMNTS

DECEMBER 22, 2020

The overall cautiousness and sense of financial prudence, he said, can be seen in the fact that consumers are embracing debit transactions over credit, using cash on hand rather than choosing to build their liabilities on a credit card. And we're certainly looking at ways to keep credit unions competitive.”.

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Consumer Credit Union BNPL Payment APIs and Integration 123

Fintech Finance

DECEMBER 11, 2024

Klarna , the AI-powered global payments network and shopping assistant, is now available to users in Canada checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later.1 With 85 million active consumers, Klarna is the biggest global BNPL provider in the world.

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BNPL Checks Credit Cards Payments 98

The Fintech Times

MARCH 20, 2025

Bank Norwegian has extended its partnership with Tietoevry Banking for another five years, reinforcing a long-standing collaboration that has helped the bank establish itself as the most customer-friendly credit card provider, now serving approximately 1.4 million credit card customers internationally.

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FinTech Fraud Detection Treasury BNPL 59