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Payment Companies Latest Moves

Frank Tian

Payment companies expanding financial capabilities,

Jockey for positions in the quickly evolving financial arena.


Here are the latest developments


Fiserv partners with Affirm to enable BNPL for its merchants.

Merchants can offer added payment flexibility to their customers.

Facing pressure on the public market in the rate-rising cycle,

Affirm needs to expand channel reach to continue the growth.


Stripe launches its own open banking connectivity.

Allowing its merchants to provide better payments and credit experiences.


How much Stripe learned from the Plaid partnership?

Well, the knowledge also becomes open in the open era.


Adyen, a Dutch payments group,

expands into embedded financial products.


Aiming to help platforms and marketplaces serve their merchant clients,

The services include card issuing and multi-currency accounts.


Sources:

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