🌍 Global Fintech Updates: What’s Happening Around the World? Week 34
Here’s your latest roundup of key developments in the fintech industry:
➡️ Klarna Acquires Laybuy in New Zealand
Klarna , the AI-powered global payments network, has acquired Laybuy ’s assets in New Zealand. The company plans to relaunch the service in the coming weeks in the birthplace of the payments provider.
➡️ MasterCard to Reduce 1,000 Employees as Part of Strategic Global Reorganization
💼 Mastercard is set to reduce approximately 3% of its global workforce, equating to around 1,000 employees. This restructuring is part of a strategic reorganization to refocus resources on growth areas and strengthen its position in international markets.
➡️ PayPal Expands Strategic Partnership with Adyen to Offer Fastlane in the U.S.
🚀 PayPal has strengthened its global partnership with Adyen , introducing Fastlane by PayPal to accelerate guest checkout flows in the U.S. Plans are underway to extend this offering globally.
➡️ Travelex Launches New Redesigned App for the Travelex Money Card, Powered by Mastercard
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📱 Travelex has launched a new app for its Money Card, offering customers a more streamlined, efficient, and secure experience.
➡️ Binance Teams Up With Macau Judiciary Police to Launch Joint Anti-Scam Campaign
🚨 Binance is enhancing crypto ecosystem security by partnering with the Judiciary Police of Macau to launch a joint anti-scam campaign. This initiative aims to raise user awareness and reduce online fraud risks.
➡️ TerraPay Forms Council With Leading Digital Wallets to Accelerate Cross-Border Payments Interoperability
🌐 TerraPay has joined forces with five leading wallet operators to establish the “Wallet Interoperability Council,” leveraging its technology to enhance cross-border transaction interoperability.
Stay on top of the latest fintech trends with your insightful updates! Your curated content is truly valuable, keep up the great work.