Payments
Alibaba Taps JPMorgan To Build Stablecoin-Like Payments System for Its $35B Commerce Network
Alibaba is developing a tokenized global payments network, functionally similar to a stablecoin system, using JPMorgan’s tokenization technology to simplify cross-border B2B transactions across its
Japan’s NEC Pays $2.9B For CSG Systems International
NEC Corporation, a Japanese multinational information technology corporation, has agreed to acquire CSG Systems International for JPY 438.5 billion (≈$2.9 billion), paying $80.70 per share
Fiserv Shares Plunge 40% After Earnings Miss and Leadership Shake-Up
Fintech payments firm Fiserv reported Q3 earnings of $2.04 per share—well below analyst expectations—and missed revenue forecasts, prompting a nearly 41 % plunge in its
Visa-Backed Fintech Moniepoint Raises Additional $90 Million
Moniepoint, a Visa-backed Nigerian fintech, secured an additional $90 million—bringing its latest funding round to $200 million and valuing the firm at over $1 billion.
Basis Theory Raises $33M to Build AI-driven Payments for Commerce
Basis Theory, a payments infrastructure startup founded in 2020 by Brian Billingsley, Colin Luce, and Ben Milne, raised $33 million in Series B funding led
xMoney Raises $21.5M to Build the Future of Global Payments
xMoney, a financial ecosystem for businesses offering crypto payments, card issuing, and financial tools, has raised $21.5 million in strategic funding led by the Sui