Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced an extended partnership with Stripe to bring Tap to Pay on iPhone to U.S.-based Wix merchants. This enables Wix merchants to accept secure, contactless payments directly from their iPhones, without needing additional hardware. Using the Wix […]

Swedish buy now, pay later giant Klarna continues to bleed red ink, posting a $1 billion loss for 2022, 47% up from a $680 million loss in 2021. Klarna has been promising investors a pathway to profitability in 2023, with Q4 figures showing steady growth in gross merchandise volume (GMV) and a 19% uplift in revenue. […]

Bank of England deputy governor Jon Cunlifffe has told a committee of MPs that a digital pound has a better than 50/50 chance of coming to fruition. In remarks before the Treasury Select Committe, Cunliffe said that the creation of a digital pound would open up new frontiers for payments innovation, citing possibilities arising from […]