BNPL outfit Klarna mulls further layoffs after plunge in valuation
Klarna Bank, a Sweden-based buy now, pay later (BNPL) provider, is looking to further shrink its workforce as it overhauls…
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Russia greenlights use of crypto for cross-border settlements
The Bank of Russia and the nation’s Ministry of Finance have approved the use of cryptocurrencies for cross-border settlements, stated…
Paysafe offers payment gateway to Spreedly’s international merchants
British payments company Paysafe has forged an alliance with Spreedly, a payments orchestration platform, to help merchants with their international…
Sabadell to shortlist bidders for payments arm in October
Sabadell, a Spanish bank, has received non-binding offers from several bidders for the acquisition of its payments arm, reported Reuters…
ECB chooses five firms to develop user interfaces for digital euro
The European Central Bank (ECB) is set to partner with five companies that will design potential user interfaces for the…
Pivo backs out of merger with Vipps, MobilePay over competition issues
Finland-based payments provider Pivo has ceased to be part of a previously announced deal to merge with MobilePay and Vipps…
Paysend launches new instant cross-border payments offering
UK-based integrated payment ecosystem Paysend has unveiled Instant Account Payments to cater to consumers and businesses across 25 countries. …
Six-country consortium to launch EU digital wallet pilot
A consortium of six countries, including Denmark, Germany, Iceland, Italy, Latvia and Norway, led by the Nordic-Baltic eID Project (NOBID),…