Klarna has acquired the assets of Laybuy in New Zealand and plans to relaunch the service, bringing its global expertise to enhance payment flexibility and user experience for local consumers and merchants.
Zip has expanded its partnership with Stripe to the US, enabling merchants to easily integrate Zip’s BNPL solution, potentially driving customer growth and enhancing conversion rates.
ANZ has partnered with Microsoft to launch the first AI Immersion Centre in the banking sector across Australia and New Zealand.
In a historic partnership, FIFA has announced Bank of America as the Official Bank Sponsor for FIFA World Cup 26™, marking the first time the global financial institution has entered the world of international football sponsorship.
Chinese tech giant Tencent has sold off its 14% stake in British challenger bank Tide, marking a significant step back from its international investment ventures. The move aligns with Tencent's broader strategy of scaling back its global expansion, amid tightening regulatory scrutiny at home and abroad.
Amazon and Barclays have unveiled their latest collaboration, a co-branded credit card that rewards customers for everyday purchases, both on and off Amazon.
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Amazon Visa rewards customers with 1% back in points for purchases on Amazon.de and 0.5% for other purchases; Prime members get 2% back in points during select Amazon.de shopping events.
Standard Chartered joins a suite of other institutional investors in the Digital Transformation platform.