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Klarna , the AI-powered global payments network and shopping assistant, has partnered with Neiman Marcus , one of the largest luxury retailers in the U.S., and famed New York City-based Bergdorf Goodman to offer its range of flexible payment methods online. The partnership helps Neiman Marcus and Bergdorf Goodman customers shop smarter for the most coveted designer handbags and clothing from world-renowned fashion houses, with a choice of flexible payment methods.
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Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises global payments platform. The global financial services firm will offer clients high-speed cross-border settlements through Wise Platform, Wises global payments infrastructure for banks.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
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Swiss-based fintech Taurus has expanded its collaboration with core banking vendor Temenos to help banks quickly deploy full-scale digital asset services. This partnership marks the first integration of Taurus’ Taurus-PROTECT custody solution into the Temenos Core banking platform, enabling banks to manage digital assets directly within their core banking systems.
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Global payment provider, Mastercard is aiming to bring one billion people and 50 million micro, small and medium enterprises (MSMEs) into the digital economy by 2025. Taking a step towards achieving this goal, it has partnered with Boost , the business-to-business (B2B) commerce platform, to drive the growth of firms operating in last-mile fast-moving consumer goods (FMCG) distribution networks.
PalmPay , a leading Africa-focused fintech operating Nigerias most used mobile wallet, and Jumia , Africas e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria. This partnership underscores both parties commitment to developing the digital payment ecosystem in Nigeria and grow the use of the cashless economy.
The Consumer Financial Protection Bureau announced today that it has sued Early Warning Services, Bank of America, JPMorgan and Wells Fargo for allegedly failing to implement anti-fraud safeguards on peer-to-peer payments network Zelle. Customers of the financial institutions named in todays lawsuit have accumulated more than $870 million in losses due to the alleged failure […] The post CFPB lawsuit against bank giants is regulatory overreach, Zelle says appeared first on Bank Automation
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Paymob , a financial services provider operating in the Middle East and North Africa, has announced that its merchant network in Egypt can now accept Apple Pay.
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Australia's corporate regulator, the Australian Securities and Investment Commission ( ASIC ), has filed a lawsuit against Binance 's local derivatives arm.
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