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UK will claim majority of £619 billion European embedded finance market
UK-headquartered brands hold higher revenue expectations of embedded finance than their European counterparts, according to a new report. Over the next five years, UK brands expect to generate £230.48 billion... read more
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PCM Feature: The future of credit cards for the digital era
Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more
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PayPal doubles down on red hot BNPL market with Paidly acquisition
PayPal has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later (BNPL) solutions in Japan, for ¥300 billion or approximately $2.7 billion, principally... read more
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US and European processors jostle for pole position in Europe
The pace of evolution in Europe’s payment market is evident in all areas – including processors. Sweeping changes in consumer payment behaviour, merchant acceptance and democratisation of services have produced... read more
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Klarna off rails? Losses increase as does regulatory scrutiny
Klarna’s losses increased significantly in Q2 as the BNPL company continued the pace of growth ahead of a possible IPO. Recently valued at $46 billion in an investment round led... read more
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