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Latest Results from /payments

/payments

Barclays closes in on sale of merchant acquiring business

Barclays Bank is closing in on a deal to offload its merchant acquiring business to Canada's Brookfield Asset Management.

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AmEx to buy expense management software provider Center

American Express has entered into an agreement to acquire expense management software provider Center. Financial terms were not disclosed.

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Revolut and Visa file legal challenges over PSR's plan to cap fees

Revolut and Visa have filed legal challenges against the Payment Systems Regulator over the UK watchdog's decision to cap interchange fees on cross-border online payments, according to the Financial Times.

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Skyfire payments network for AI agents exits beta

Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.

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Klarna to file for IPO next week - Bloomberg

Buy now, pay later giant Klarna is looking to file its initial public offering as early as next week, according to sources quoted by Bloomberg.

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PSR to take action against card schemes after 25% hike in fees

The UK's Payment Systems Regulator is take action against Mastercard and Visa in the wake of steep hikes on card fees by the duopoly.

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Google Wallet opened up for least-cost routing in Australia

Australian Payments Plus (AP+) has worked with Google to roll out eftpos functionality and least-cost routing (LCR) on transactions made via Google Wallet, giving merchants the options to move away from costly card scheme networks.

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FS-ISAC offers payment card industry guidance on quantum computing risks

With work on quantum computing gaining momentum, the Financial Services Information Sharing and Analysis Center (FS-ISAC) has issued guidance to help the payment card industry mitigate risks posed by the technology.

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Grain raises $50m for AI-driven FX optimisation and hedging platform

Startup Grain has raised over $50 million to launch an AI-driven foreign exchange optimisation and hedging platform.

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Flex raises $25m to build all-in-one business and personal financial management platform

Flex, a fintech that helps business owners automate their back offices, has raised $25 million in an equity round led by Titanium Ventures.

/payments

HSBC partners TreviPay on e-commerce trade offering

HSBC is teaming up with B2B payments and invoicing network TreviPay to boost the digital purchasing experiences for businesses by offering flexible payment options and financing at the point of sale.

/payments

PayPal scammers adopt Docusign API to con customers

PayPal scammers are using an old Docusign trick to enhance the trustworthiness of their phishing emails.