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PYMNTS.com

What's next in payments and commerce
Klarna Sees 4 Executive Departures Since January
Klarna has lost four executives since January, Bloomberg reported Thursday (March 19), citing updates in LinkedIn profiles. Andrea Ferraz Estrada, head of investor relations and M&A, who wo...
Visa and Paythru Team on EV Payments With White-Label Fleet Wallet
Paythru, a payments orchestration platform focused on electric vehicles (EVs), has partnered with Visa to create a white-label fleet wallet for EV charging payments. The fleet wallet is d...
OpenAI Continues Coding Push With Astral Acquisition
OpenAI says it is acquiring Astral, a startup that creates Python tools for developers. The deal, announced Thursday (March 19), is part of the company’s increasing focus on coding, an...
Crypto.com’s AI Campaign Triggers 12% Cut to Staff
Crypto.com is cutting around 12% of its workforce as it concentrates more on AI. The job cuts are the result of the company joining other firms who are “integrating enterprise-wide AI,�...
Global Payments’ Golden Age Has Nothing to Do With Crypto
Cost-effective, streamlined and data-rich cross-border payments have long been the holy grail of global commerce. Stablecoins, after all, have been able to basically make their name on just...
Visa Scales Intelligent Authorization Tech to Europe
Visa has launched Visa Intelligent Authorisation (VIA) in Europe, less than two weeks after introducing this new capability on the Visa Acceptance Platform. VIA enables modern payment proce...
Obin AI Raises $7 Million for Agentic Tools for Financial Firms
Obin AI has raised $7 million to develop agentic AI tools for financial institutions. “Founded by AI pioneers with deep roots in both Silicon Valley and global finance, Obin AI emerges f...
Amazon Chooses UK for Alexa+ European Debut
Amazon has brought Alexa+ to the U.K., the first European country to receive the AI voice assistant. Alexa+ is now available across Great Britain as part of an early access program, with hu...
Apple Enjoys Sales Boost in China Amid Market Downturn
The Chinese smartphone market is rough these days for companies not named “Apple.” The iPhone maker’s sales in China — the world’s largest smartphone market — jumped 23% in the...
PicPay Revenues Jump 85% as Financial Services Portfolio Expands
PicPay, the Brazilian digital payments firm, is increasingly leaning on artificial intelligence to manage its rapid scale.  The Brazilian digital payment firm discussed this effort Wednesd...
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