Worldpay, a global payment processing company, is leveraging advanced data-sharing techniques and artificial intelligence (AI) tools to effectively combat fraud. Following its acquisition by Chicago private equity firm GTCR, Worldpay has been channeling a portion of its $1.25 billion growth capital
In today's evolving financial landscape, consumers are increasingly turning to Buy Now, Pay Later (BNPL) services as they search for safer and more affordable financing options. BNPL financing has experienced notable growth and acceptance despite some criticisms, with many pointing to its
In an era where the digitalization of financial transactions is rapidly transforming industries, Highnote, a San Francisco-based company, is making waves with significant advancements in embedded payments and card issuing. Led by former executives of Braintree, Highnote has recently secured $90
HSBC has recently decided to close down its international payments app, Zing, which was launched just a year ago. This decision is part of a broader strategy to simplify operations and focus on areas where the bank holds a clear competitive advantage. Unveiled in January 2024, Zing was introduced
In recent years, the intersection of presidential politics and financial regulation has become increasingly pronounced, particularly concerning the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA). This growing influence is largely due to recent Supreme
As President Donald Trump begins his second term, the multifamily housing industry anticipates a mix of risks and opportunities amidst a Republican-controlled government. The GOP's retention of a trifecta in Washington, D.C., allows Trump's administration and financial regulators more potential for
