Payments News

SAN DIEGO--(BUSINESS WIRE)--Applied Data Finance (ADF), a fintech innovator advancing responsible credit access for underestimated U.S. consumers, today announced the renewal and expansion of its warehouse financing facility to $300 million. The transaction extends the facility for three years, includes full recommitment from ADF’s existing lender group, and adds a new $100 million commitment from a leading Wall Street institutional investor, positioning the company to further scale its data-dr...

SEATTLE--(BUSINESS WIRE)--A new report released today by doxo found that hidden costs associated with paying bills amount to $156 billion annually, averaging $1,222 per household. Each year U.S. households spend over $5.03 trillion on household bills. Staying on top of these bills is the single biggest factor affecting consumer financial health, and the unnecessary complexity in managing them results in billions of dollars in avoidable consumer expenses each year, along with significant custome...

NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and payments provider, today announced that the Klarna Card has reached 5 million active customers globally, underscoring rapid adoption as consumers shift towards new forms of payment which provide more control over day-to-day money management. The card draws from the customer's own funds for everyday spending, with the option to spread the cost of a specific purchase, like a large appliance or a flight, when it makes sense to do so. T...

ALPHARETTA, Ga.--(BUSINESS WIRE)--ValidiFI has been selected as the winner of the “Consumer Lending Innovation Award” in the 10th annual FinTech Breakthrough Awards program....

NEW YORK--(BUSINESS WIRE)--Trustpair, the leading vendor fraud prevention platform for global enterprises, today announced it has been named “Procure-to-Pay Software of the Year” in the 10th annual FinTech Breakthrough Awards. The recognition highlights a structural shift underway in how enterprises secure their procure-to-pay (P2P) operations. Procure-to-Pay Is Now a Critical Fraud Risk Surface Vendor impersonation, synthetic identities and cross-border payment schemes are becoming more sophis...

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Radial, Inc., a leading 3PL set to become Paxon later this year, today announced the results of two distinct surveys of 1,000 consumers each that explore how consumers perceive, adopt, and trust agentic AI in commerce. The findings reveal a clear adoption gap where nearly six in 10 consumers (58%) say they are open to placing orders through an AI assistant, but only 6% have actually done so. The results show that the future of agentic commerce is promising...

VANCOUVER, British Columbia & NEW YORK--(BUSINESS WIRE)--Procurify, the leading AI-powered Intake-to-Pay platform for mid-market organizations, and Cogneesol, a global provider of finance, accounting, and business process outsourcing services, today announced a strategic partnership to help more finance teams modernize procurement faster and take greater control of company spend. For many mid-market organizations, procurement is still held back by manual workflows, disconnected systems, and lim...

MELBOURNE, Australia--(BUSINESS WIRE)--The Pancake Parlour, one of Australia’s most iconic and enduring hospitality brands, has selected Square as its unified commerce platform across their 13 restaurants. As a business who last year celebrated their 60th anniversary, the move marks a significant step in modernising operations across its locations and establishing the infrastructure required to support its next phase of growth. Founded after a road trip from New York to Miami inspired the origi...

OMAHA, Neb.--(BUSINESS WIRE)--Colombia’s real-time payments transformation is accelerating at remarkable speed. In just five months, Bre‑B has processed more than 500 million transactions and registered over 100 million payment keys, firmly establishing the scheme as one of the most rapidly scaled real-time payment systems in Latin America. For this achievement, ACI has been named the winner of this year’s Central Banking Financial Market Infrastructure Services – Retail Award. The awards judge...

LONDON--(BUSINESS WIRE)--Under the theme ‘Agents of Change,’ Zip Forward Europe 2026 will bring together over 300 procurement and finance leaders....