UK banks are right to try break the Visa-Mastercard duopoly
UK banks aim to reduce reliance on Visa and Mastercard, but replacing entrenched card networks faces adoption, technical, and regulatory challenges.
UK banks aim to reduce reliance on Visa and Mastercard, but replacing entrenched card networks faces adoption, technical, and regulatory challenges.
The all-new Personalize, a product of Adyen Uplift, uses AI to adapt checkouts to shopper behavior, helping businesses increase conversion rates and lower transaction costs. In 2025, Adyen Uplift helped 6,500+ businesses average 1.19% higher conversions than industry baselines, with some reaching 6%.
Affirm today announced the expansion of its partnership with Wayfair, bringing its honest financial products to shoppers in the UK and Canada. Whether shopping for a new dining table or the perfect sofa, approved shoppers in the UK and Canada can now split their purchases with Affirm. The experience is straightforward: customers receive a quick, real-time approval decision and can choose the payment plan that fits their needs. Affirm never charges late fees or hidden...
Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced an expansion of their long-term capital partnership with New York Life, America’s largest1 mutual life insurance company. Under the expanded agreement, New York Life will purchase Affirm’s installment loans on a forward-flow basis between now and December 2026, with an outstanding amount of up to $750 million. This provides off-balance-sheet funding that can support approximately $1.75 billion in annual consumer loan volume,...
Tools like Sezzle Up, Price Comparison, and Delivery Protection help shoppers buy responsibly while boosting conversion and loyalty for merchants
ClarityPay, a provider of tailored point-of-sale credit solutions, today announced the appointment of Mrutyunjaya “MJ” Panda as Chief Operating Officer. Panda, a veteran of Goldman Sachs and American Express, brings deep expertise in risk management, analytics, and product innovation. His appointment follows ClarityPay’s July milestone of reaching profitability and underscores its momentum in delivering next-generation commerce solutions. Panda, who has a proven track record of building high-performing global teams and operational excellence at scale, most recently advanced...
Federal Reserve Financial Services will increase the FedNow Service network transaction limit from $1 million to $10 million in response to growing commercial demand, effective November 2025. The increased limit will enable financial institutions and businesses to support higher-value use cases and reflects an increasing need for speed and certainty in the modern payments ecosystem. “Our second transaction limit increase this year reflects the growing demand for instant payments — as the benefits of immediate funds availability...
Wisetack, the leading platform for embedded pay-over-time options for in-person services, today announced a new forward flow capital partnership with Group 1001. Under the agreement, Group 1001 will purchase home services and home improvement loans originated through Wisetack technology and its network of merchants and SaaS partners. This transaction provides a significant capital commitment that enables Wisetack to offer competitive terms to borrowers and create new growth opportunities for merchants. Focused on the home services sector,...
Chrome users can now select Zip with just a few clicks at checkout
Integration of K PLUS marks the first Southeast Asian (SEA) banking app payment option on Google Play, as leaders from tech and financial sectors team up to drive growth and enhance user experience in Asia. Google Play to accelerate localized payment access in SEA with Ant International’s Antom to bring on more payment options. Antom is a strategic partner to Google Play in expanding payment options in APAC, driving growth in transactions and user acquisition.