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Latest Results from /payments

/payments

Chase stops customers using credit cards to make BNPL instalment payments

Chase customers will soon be banned from using their credit cards to pay for third-part BNPL instalment plans.

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Brazil's Matera raises $100m from Warburg Pincus for US push

Matera, a Brazilian fintech that has become a significant part of the country's Pix instant payments ecosystem, is targeting North America after securing $100 million in investment from Warburg Pincus.

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Klarna lines up banks for 2025 IPO - FT

Swedish BNPL outfit Klarna is lining up potential financial advisors for a US initial public offering that could happen in the first half of next year, according to the Financial Times.

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Argentinian fintech Tapi raises $22m

Argentinian payments processor Tapi is targeting the Mexican market after securing $22 million in funding.

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Stripe valuation hits $70bn

Sequoia Capital has approached investors with an offer to buy shares in Stripe at a $70 billion valuation, according to reports.

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UK regulators seek feedback on Big Tech digital wallets

UK regulators are calling for feedback on the benefits and risks digital wallets from Big Tech giants such as Apple and Google bring to people and businesses.

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BNP Paribas signs wide-ranging payments deal with Ant International

BNP Paribas is collaborating with China's Ant international on a range of initiatives to boost cross-border payment services for merchants and consumers in Europe.

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Bank-backed DLT-based payments network Partior raises $60m

Partior, the bank-backed fintech behind a global unified ledger-based interbank rails for real-time clearing and settlement, has raised $60 million in Series B funding.

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UK shoppers frustrated by payment outage

On Thursday, UK shoppers were hit by a payments outage, preventing them from making online and card payments using Visa and Mastercard.

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Apple reaches deal with EC on NFC payments access

Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.

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UK Economic Secretary Tulip Siddiq called on to reduce APP fraud reimbursement to £30k

This news comes a week after the UK payments group issued a plea to Chancellor Rachel Reeves to impose a 'Tech Levy' on social media giants to pay for the impact of payments fraud originating from their platforms.

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Divido calls in the administrators

White label buy now, pay later player Divido has been declared insolvent.