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FuturePay Global Limited has supported the entry of its payments platform into Latin America by integrating Paysafe’s SafetyPay solution.
The FuturePay platform connects global merchants’ checkouts to multiple payment solutions, the companies said in a Monday (Feb. 2) blog post.
The addition of SafetyPay’s suite of local payment methods will tailor the platform for Latin America,...
TransUnion plans to continue extending its business by acquiring the mobile division of RealNetworks.
The acquisition will strengthen TransUnion’s communications solutions portfolio and expand its fraud prevention capabilities, the company said in a Monday (Feb. 2) press release.
TransUnion has signed a definitive agreement for the acquisition, and the transaction is expected to close...
Loop AI raised $14 million in a Series A funding round to expand its artificial intelligence (AI) platform for restaurant and retail back offices.
The company will use the new funding to expand its product suite and grow its headcount, it said in a Monday (Feb. 2) press release.
The Loop AI platform automates tasks across finance, operations and marketing, and enables restaurant...
SpaceX is seeking federal approval to launch up to 1 million solar-powered satellite data centers into orbit, pitching the concept as a way to meet surging demand for compute and energy without adding strain to Earth’s power grids, water supplies or local zoning rules.
The proposal, disclosed in filings with the Federal Communications Commission, would place computing infrastructure in...
Are stablecoins digital cash, a narrow bank, a money market fund, or some new hybrid altogether?
That is the question that has ballooned into a regulatory fault line for domestic crypto markets regulation. At its center is the debate over whether stablecoins should be allowed to pay yield.
On Monday (Feb. 2), the White House held a closed-door meeting with representatives from banking...
SpaceX has acquired xAI, a move that Elon Musk, the owner of the two companies, said will enable solar-powered, space-based artificial intelligence, in part by using designs and strategies developed around SpaceX’s existing broadband satellite systems.
Musk announced the acquisition in a Monday (Feb. 2) update on the SpaceX website, noting that the deal brings together AI, rockets,...
Walmart’s paid membership program continued to see double-digit growth in January and ended the month with 28.4 million members, a Morgan Stanley survey found, Seeking Alpha reported Monday (Feb. 2).
Walmart+ membership grew about 12% year over year on a three-month rolling basis, up from about 10% in November, according to the report.
Morgan Stanley did not immediately reply to PYMNTS...
Ripple, a provider of blockchain-based enterprise solutions for the finance sector, received Monday (Feb. 2) full approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF).
The announcement marks a significant expansion of the company’s regulatory footprint and is intended to accelerate...
Payments infrastructure company NymCard can now settle card transactions with Visa using USDC stablecoins in the Gulf Cooperation Council (GCC) region.
The capability results from NymCard taking stablecoin settlement with Visa live in the region, the companies said in a Monday (Feb. 2) press release.
The model supports faster, 24/7 settlement and enables issuers to lower operational...