Mastercard is jumping on the ‘buy now, pay later’ (BNPL) train by offering banks and fintechs capabilities to offer these solutions.

The Points Guy, a lifestyle and travel media company owned by Red Ventures, is launching an app that allows users to track all of their airline, hotel and credit card points in one place in an effort to maximize earning potential.

Remitly, whose mission is to make international money transfers easier and cheaper, began trading shares on the Nasdaq on Thursday.

Goldman Sachs is deepening its push into financial services for the masses with a planned acquisition of GreenSky, a lender focused on home improvement.

PayPal expanded its global ‘buy now, pay later’ (BNPL) bet through its planned acquisition of Paidy, a Japan-based BNPL provider.

GoDaddy, the domain registrar and web hosting company, is pushing ahead into financial technology by rolling out invoicing and payments capabilities for web designers and developers who use its platform.

PayPal-owned Venmo announced a partnership with banking technology company Fiserv to offer gig workers the opportunity to get their paychecks and tax refunds deposited into their Venmo accounts.

Payments giant Mastercard said it’s getting rid of the magnetic strip on cards starting in 2024. The move is being taken largely as a result of the growth in adoption of new technology, including chip cards and contactless payments.

Payments fintech Square this weekend said it plans to acquire ‘buy now, pay later’ (BNPL) firm Afterpay in a $29B all-stock deal, allowing it to enhance its relationships with sellers and consumers.

In its second-quarter earnings report, PayPal’s net income dropped 23% year-over-year (YoY), which is partially attributable to “short-term drag” associated with eBay transitioning away from PayPal to its own solution, a shift that’s been underway over the past couple of years.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) – a cross-border payment network owned by a consortium of global banks – launched a low-value cross-border payment solution called SWIFT Go.

Zip, an Australia-based ‘buy now, pay later’ (BNPL) firm, is on course to launch crypto trading to its Australian customers and U.S. users. Zip acquired U.S.-based Quadpay last year in a bid to expand its North American footprint.

In its second acquisition of the year, Visa will acquire Currencycloud in a deal valued at $963M.

Peer-to-peer payments app Venmo, which has been known for the “social feed” component of the app that features the payment behaviors of strangers, is getting rid of the feature in its latest app update.

Apple and Goldman Sachs are reportedly developing a service called Apply Pay Later to rival ‘buy now, pay later’ (BNPL) offerings from firms like Affirm and Afterpay.