All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Visa enhances stablecoin settlement capabilities 

The company has partnered with Paxos to introduce two additional dollar-backed stablecoins, USDG and PYUSD, into its system.  

WSPN introduces new API-driven payment infrastructure for institutional use 

Global Payment 1.0 is an API-centric platform that simplifies the conversion process between stablecoins. 

Payroc to purchase payment orchestrator BlueSnap  

The acquisition aims to expand Payroc’s service offerings by incorporating BlueSnap’s global and enterprise capabilities. 

JPMorgan Chase, Coinbase partner to streamline crypto transactions   

The partnership will allow the bank’s customers to connect their bank accounts directly to their Coinbase wallets using JPMorgan’s API.  

Klarna secures electronic money institution licence in UK 

With the authorisation in place, the company will introduce Klarna balance and Klarna cashback later in the year. 

JPMorgan nears deal to take over Apple’s credit card portfolio – report 

If the talks materialise, JPMorgan Chase will replace Goldman Sachs.  

Fortis purchases B2B payments firm Serve First Solutions 

Serve First’s payment services include processing for B2B cards, retail point of sale systems, e-commerce, and mobile payment solutions. 

Wix expands PayPal tie-up for streamlined merchant payments 

The funds from purchases made using the PayPal wallet will be deposited directly into the merchant’s Wix Payments account. 

India’s Xflow gains in-principle nod for online payment aggregation 

The firm has set a target to cater to 30,000 businesses by the end of this year, up from over 10,000 currently served. 

PayPal to launch unified platform for global payments and wallets 

The move aims to streamline the process of sending money, shopping online, and making in-store purchases across international borders.