While the growth in buy now, later loans is prompting card issuers to enter the fray, one challenge they face is creating awareness, as card issuers do not make their BNPL offerings available at the point-of-sale. This is unlike BNPL specialists such as Affirm Holdings Inc., Klarna AB, and Sezzle …

As if cryptocurrency didn’t have enough problems with the financial failure of the major FTX exchange, plummeting values, and, most recently, links to two of the biggest bank failures in U.S. history, now criminals are running scams built around crypto trading to defraud consumers. The scams, known as “pig butchering,” …

Open AI, the San Francisco-based creator of the ChatGPT artificial-intelligence chatbot, announced Wednesday it is partnering with Stripe Inc. to enable payments for its ChatGPT Plus and DALL·E applications. In addition, Stripe announced it is incorporating OpenAI’s new natural-language technology, GPT-4, into its products and services. The deal is one …

PayNearMe Inc. announced Tuesday it is expanding its iGaming footprint through a deal with Lottery Now Inc., which operates the Mido Lotto lottery. Consumers playing Mido Lotto, which is available in nine states, according to the Lottery Now Web site, will be able to purchase tickets with, as well as …

Snack POS, a provider of restaurant software, has fortified its position in the hotly competitive restaurant point-of-sale payments market through a partnership with POS terminal maker Sunmi Technology Co. The deal will enable Snack POS to offer Sunmi’s POS and mobile devices to restaurants. Sunmi’s devices are designed to help …

Digital-currency operators are working behind the scenes despite a depressed outlook brought on by the collapse of the major exchange FTX and a general rout in most cryptocurrency values. One example is Mercuryo, a London-based fintech, which on Friday said it has introduced a banking-as-a-service (BaaS) application that enables digital-asset …

If there is one constant about fraud, it’s that it never takes a holiday. A new report from Nice Actimize, a provider of fraud-prevention solutions, reveals that attempted fraud transactions skyrocketed in 2022 by 92%, compared to 2021, and that the money criminals attempted to steal soared by 146%. The …

In an expansion of the Just Walk Out technology that powers cashierless Amazon Go stores, Amazon.com Inc. is partnering with Transact Campus Inc., a provider of campus identification systems that enable student access to buildings and payments for such campus services as dining, laundry, and vending. Under the terms of …

Businesses are increasingly looking for software developers that can integrate payments and other traditional banking products and services and generate new revenue for the platforms that offer them, according to a recent report from The Strawhecker Group (TSG) and KeyBank. The trend, known as embedded banking, is a way for …

To better serve the growing segment of online shoppers who don’t want to wait for delivery and want to avoid paying shipping costs, e-commerce platform provider BigCommerce Pty. Ltd. has added buy online, pick up in store (BOPIS) capabilities. The move is being spurred in part by the continued growth …