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Apple Faces Lawsuit Over Decade of Apple Pay Tech Theft

Apple Faces Lawsuit Over Decade of Apple Pay Tech Theft

Hey Payments Fanatic! Apple is now facing a lawsuit from Fintiv, which claims the tech giant stole its mobile wallet technology for Apple Pay through confidential meetings and by hiring key employees over the past decade. The lawsuit alleges Apple built a payment enterprise with major financial services companies like

MetaMask Plans Stablecoin With Stripe

MetaMask Plans Stablecoin With Stripe

Hey Payments Fanatic! Lately, everyone is going stablecoin. Payments companies, traditional banks, and even tech giants are stepping in. Now it seems to be MetaMask’s turn. A recently deleted governance proposal from the MetaMask community outlined plans for MetaMask USD, or mmUSD, a stablecoin to be issued using Stripe’

Cleo Tests Waters in Stablecoin Payments

Cleo Tests Waters in Stablecoin Payments

Hey Payments Fanatic! Cleo’s Founder and CEO Barney Hussey-Yeo confirmed the AI fintech is exploring stablecoins. “We’re looking at how we can use stablecoins to help improve the banking system for our users,” told Sifted. What does this mean? It may signal Cleo is preparing to move beyond

Ant Group Exits Paytm, Fexco Buys Sainsbury’s Travel Money

Ant Group Exits Paytm, Fexco Buys Sainsbury’s Travel Money

Hey Payments Fanatic! It’s summer up here (not for you in the Southern Hemisphere 😅), but the payments industry isn’t standing still, there have been some interesting moves: Firstly, The Farewell Stake: Ant Group is set to sell its remaining 5.84% stake in Paytm, ending a long-running bet

Colombia’s Bre-B Reaches 8 Million Users in 3 Weeks

Colombia’s Bre-B Reaches 8 Million Users in 3 Weeks

Hey Payments Fanatic! FinTech is not coming to Colombia, it's already there: In just three weeks, Bre-B has crossed 20 million registered payment keys! The payments platform is now connected to +8 million users, that's 15% of the country’s population. As Ana María Prieto of

Handwave Raises $4.2M to Launch Palm Payments in US & Europe

Handwave Raises $4.2M to Launch Palm Payments in US & Europe

Hey Payments Fanatic! Palm payments are coming to Europe and the US! After gaining ground in Asia through platforms like Alipay and WeChat, biometric checkout is heading west. Handwave, a Latvian FinTech founded by Jānis Stirna and Sandis Osmanis-Usmanis, has secured $4.2 million to roll out its palm-based payment

$40M Pushes RD Technologies Toward Hong Kong Stablecoin License

$40M Pushes RD Technologies Toward Hong Kong Stablecoin License

Hey Payments Fanatic! RD Technologies just closed a $40 million Series A2 as it prepares to apply for a stablecoin issuer license under Hong Kong’s new rules, kicking in this Friday, August 1. Led by Norman Chan, former HKMA chief, and Rita Liu, ex-head of Alipay U.K., the