From its start as a buy now, pay later service provider, the Swedish fintech Klarna has developed into a comprehensive payment network with sights set on attaining a global scale
The payments processor divested the unit as part of a plan to streamline the company's business, and it's targeting more sales, CEO Cameron Bready said
A MoneyGram executive speaking at the Money 20/20 conference cooed about the trillion-dollar opportunity to lure cash users to digital options, but didn't mention the company's recent systemwide outage
“Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO
The bank and tech firms failed to address disputed transactions in their joint Apple Card program, and misled cardholders about interest-bearing products, the bureau alleged