“Clair , a social impact embedded fintech startup transforming how hourly employees get paid, today announced a partnership with Mastercard to provide financial wellness for America’s 82 million non-exempt workers , building on the two companies’ shared mission to foster a more inclusive digital economy. Starting immediately, users who sign up for Clair will receive […]
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California Bill Would Create Free Banking Services for State’s Residents
“California lawmakers are backing a bill to create BankCal, a government program that would offer a “zero-fee, zero-penalty” consumer banking option to the state’s residents. The measure is aimed at “protecting consumers who lack access to traditional banking services from predatory, discriminatory, and costly alternatives.” Assembly Bill 1177, which lawmakers and advocates unveiled last week, would […]
Klarna Launches Game-changing New Shopping Feature, Bringing Interest-free Shopping to ALL Online Retailers
“Klarna, the leading global banking, payments and shopping service, has today launched its Shopping app, empowering users to Pay in 3 in any online shop directly through the Klarna app, without ever paying more than the price of the product. Klarna’s in-app shopping experience now covers the whole retail journey, from inspiration and discovery right […]
‘Criminals Love Buy Now, Pay Later’: How Fraudsters Exploit Popular Interest-free Payment Plans
“Buy now, pay later services aren’t just popular among consumers. They’re also proving to be a hit with criminals. Fraudulent activity is on the rise at some of the largest buy now, pay later (BNPL) platforms in the industry, which include Klarna, Afterpay and Affirm , according to fraud experts who spoke with CNBC. […]
Block’s Cash App Adopts Lightning Network for Free Bitcoin Payments
“Late last year, Twitter CEO Jack Dorsey stepped down from his position in order to give his full attention to his other company Square, now called Block , which had become increasingly invested in blockchain technology and cryptocurrency — just like Dorsey himself. Now we’re starting to see the results of Block’s embrace of crypto, […]
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