News Round-ups

Visa to move into B2B and remittances

Sabadell to sell merchant acquiring business

Liberis secured £140m in debt financing

Worldline to acquire 40% of Online Payment Platform

Societe Generale to buy PayXpert

Shopify is launching mPOS solution

Mollie launches lending product, Mollie Capital

PSR sets proposal to protect against APP

Paym to close in 2023

Tide launches new Pro subscription plan

Apple Pay processes $6 trillion annually

9 in 10 debit card purchases are now contactless

Boots launches online marketplace

Shopify warns merchants about Buy with Prime

Netflix bans crypto adverts

Cash App allows payments outside Square network

Bolt launches Checkout Links

Alibaba Lazada launches in Europe

Starling launches Bulk Payments

Mastercard launches next gen PayPort+

Adyen launches in-house payment terminals

Remitly to acquire Rewire for $80m

CBDC pilot to start in the UK

Klarna moves beyond financial services

Uber shuts down loyalty programme

Paysend have launched Paysend Store

Enfuce extends partnership with Mastercard

Yapily expands to Portugal

Faster Payments volumes increased by 23%

People are using more cash

SoftPOS user base to grow 475% globally

Nuri has filed for insolvency

Card spending grew 7.7% in July

Amazon have expanded biometric payment

BNPL users set to reach 900mn globally

Scotiabank launches digital payments platform

Yapily rolls out virtual accounts

Wise and Plaid announce Open Finance partnership

Global Payments to acquire EVO for $4bn

Rev acquires Netspend for $1bn

Amex launches cross border solution

BlackRock partners with Coinbase

Amazon offers Q-Commerce from local retail stores

Meta to shut down Live Shopping

Uber launches driver debit card

Yapily signs first VRP client

Attentive launches text-to-buy with Shopify

Klarna announces new Loyalty Card feature

Virgin Money enters BNPL market

Amazon launches seller wallet

Plaid and GoCardless launch VRP offering

Truelayer supports instant payments

Gemini customers can buy crypto via Open Banking

Moscow extends Face Pay to transport systems across the city