In an effort to enable fintechs to leverage its brand, network capabilities, and cardholder perks in North America and other regions, American Express Co. on Friday announced it is expanding its working relationship with payment and banking solutions provider i2c Inc. The expanded agreement builds upon AmEx’s working relationship with …

At least a couple of banks—Bank of America Corp. and Wells Fargo & Co.—are proponents of expanding the Zelle peer-to-peer payments service to retail payments, The Wall Street Journal reported. Owned by Early Warning Services LLC, itself owned by seven of the largest U.S. banks including BofA and Wells, Zelle offers account-to-account payments. The …

Paysafe Ltd. announced it is processing payments for several iGaming operators in the Canadian province of Ontario, including PointsBet and theScoreBet.Diebold Nixdorf said Langley Federal Credit Union selected the company to operate and manage its self-service banking channel. The credit union said it has more than 320,000 membersBuy now, pay later specialist Klarna …

Papaya Global Ltd., a specialist in payroll, said it has agreed to acquire Azimo Ltd., a cross-border payments platform. Terms were not announced.Canada-based processor Nuvei Corp. said it will provide acquiring and gateway services, along with support for more than 530 alternative payment methods, for Aircash, a mobile wallet based in Croatia.In …

The ongoing Covid-19 pandemic continues to impact consumer finances and financial habits. On the one hand, since the onset of the pandemic, the bank deposits of American households have been at a record high, partially due to limited spending on entertainment and travel, reduced in-person shopping, and the receipt of …

Buy now, pay later specialist Klarna AB said it is expanding the geographic reach of its rewards program and its Pay Now service. The rewards program will be available in nine countries, with Pay Now expanding to nine new countries beyond the current base in the U.S. and U.K., where the immediate-payment …

In a bid to make it easier for consumers to pay myriad credit card bills each month, a startup called Fyncr Inc. on Thursday launched a bill-payment app that allows users to aggregate and pay their credit card bills in one application.  With the Fyncr app, credit card holders can …

Stripe Inc. said it will use technology from Celonis SE to improve its user onboarding process for e-commerce merchants.Payments provider Adyen NV said it will open technology hubs in Chicago and Madrid as it builds out a global processing platform. The company maintains more than 25 offices around the world.In related news, Adyen reported it processed …

Consumers worldwide went online in unprecedented numbers following the onset of the pandemic, but along with that trend comes an increasing need to establish the identities of users, according to a report issued Monday by Juniper Research. As a result, revenue for companies around the world that develop technology that …

Stripe Inc. announced Monday a five-year deal with Ford Credit, Ford Motor Company’s financial-services arm, to develop new e-commerce applications for Ford customers and dealers in North America and Europe. The agreement also includes processing payments for the automaker’s dealer network and providing Ford dealers with an improved payment-acceptance platform.  …