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$10 Trillion Giant FIS Embraces USDC: Plugging It Into the Banking Core
Hey Payments Fanatic!
Stablecoins just got their big break. Or should I say ANOTHER ONE?
FIS, the $10 trillion payments giant, is teaming up with Circle to bring USDC into the heart of traditional banking. Soon, thousands of banks will be able to move money both domestically and across borders
An Introduction to Cards in Payments Edition 1: The Types of Cards
Pay-by-Face Gains Ground in South Korea
Hey Payments Fanatic!
What started as a small pilot in a company cafeteria in 2019 is now spreading across South Korea. Facial recognition is moving beyond phones and airports, showing up in stores, gas stations, and on university campuses.
Naver Pay and Toss have added new momentum to facial payments.
UPI Goes Global, But Free Transactions May Be on the Clock
Hey Payments Fanatic!
UPI is having a moment, and not just in India. With over 18 billion monthly transactions and expansion plans into new countries, India’s digital payments juggernaut is poised for global growth.
But even as the ecosystem scales, the question no one wants to ask is now
$8.3B Unicorn Tipalti Cuts Jobs Again as Strategy Shifts
Hey Payments Fanatic!
The Israeli payments unicorn valued at $8.3bn is letting go of dozens of employees, marking its second major cut since laying off 123 people in 2023.
“We are reorganizing two of our divisions” CEO Chen Amit told Calcalist. “In sales, we are focusing on mid-market customers
PayPal World Launch Targets 2 Billion by 2026
Hey Payments Fanatic!
PayPal has just unveiled PayPal World, a unified platform designed to connect the world’s most widely used digital wallets and payment systems.
The first step rolls out this fall: PayPal and Venmo, interoperable for the first time. Joining them are Mercado Pago, UPI, and Tenpay Global,