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Adyen Exceeds Profit Expectations with Strategic Expansion

Adyen Exceeds Profit Expectations with Strategic Expansion

Hey Payments Fanatic! Payments giant Adyen has outperformed expectations with a 32% rise in core profit to €423.1 million for the first half of 2024, surpassing analysts' forecasts of €413.39 million. This strong performance, driven by market share gains and slower hiring, boosted Adyen's shares

Apple Finally Opens iPhone NFC to Third-Party Developers – But There's a Catch

Apple Finally Opens iPhone NFC to Third-Party Developers – But There's a Catch

Hey Payments Fanatic! Apple has announced plans to open up its iPhone tap-to-pay NFC (Near Field Communication) capabilities to third-party developers, signaling a significant shift in the company's approach to mobile payments. This move comes amid increasing regulatory scrutiny, particularly in Europe, where Apple has faced pressure to

Apple’s Fee Forces Patreon to Revamp iOS Billing Models

Apple’s Fee Forces Patreon to Revamp iOS Billing Models

Hey Payments Fanatic! Big changes are coming for Patreon creators on iOS as the platform will discontinue certain billing models by 2025 to comply with Apple's subscription requirements. Patreon announced it must switch to Apple’s in-app purchase system for all iOS transactions or risk removal from the

Greetings from Bogotá: Yuno Partners with Nequi in Colombia

Greetings from Bogotá: Yuno Partners with Nequi in Colombia

Hey Payments Fanatic! Greetings from Bogotá, Colombia! I'm here this week and wanted to kick off this edition with some exciting local news from Yuno, a company I closely follow. Yuno, a global leader in payment orchestration, has formed a strategic partnership with Nequi, a digital financial platform

Amazon Expands Social Commerce with New TikTok and Pinterest Deals

Amazon Expands Social Commerce with New TikTok and Pinterest Deals

Hey Payments Fanatic! Amazon's e-commerce growth has slowed, pushing the company to explore partnerships with social media platforms, where shopping is on the rise. Amazon has now teamed up with TikTok, allowing users to purchase items from Amazon ads without leaving the app, and has a similar arrangement

Checkout.com Partners with Google Pay for Biometric Payment Authentication

Checkout.com Partners with Google Pay for Biometric Payment Authentication

Hey Payments Fanatic! Checkout.com has announced a pioneering partnership with Google Pay, becoming the first payment provider to integrate Google Pay's biometric-based secure payment authentication service for merchants. This collaboration allows Checkout.com to offer Google Pay’s biometric authentication to its merchant clients, including notable names

PayPal Introduces Fastlane for Faster Guest Checkouts for U.S. Merchants

PayPal Introduces Fastlane for Faster Guest Checkouts for U.S. Merchants

Hey Payments Fanatic! PayPal announced that its guest-checkout solution, Fastlane, is now available to all U.S. merchants after a test phase. Initially, businesses must use PayPal’s payment services like Braintree or Complete Payments to access Fastlane. Launched in January, Fastlane stores customer data such as names, emails, phone