Visa has rolled out Visa Flexible Credential (VFC) on Zilch cards in the UK, in collaboration with issuer processing platform Thredd.

Klarna is set to make its flexible payment options available in Google Search and the Gemini app through Google Pay in the US.

Paymentology, a global card issuing and processing platform, has secured $175m investment to support its ongoing global expansion.

Brazilian payments company Elo Servicos has selected banks to support a potential initial public offering (IPO) in the US.

The Bangko Sentral ng Pilipinas (BSP) has instructed banks and payment firms to strengthen safeguards for QR-enabled payments.

Digital Asset Holdings is raising new capital at an estimated $2bn valuation. The round is expected to close in the coming weeks.

Mastercard has signed a strategic partnership with Yellow Card, an Africa-focused licenced stablecoin infrastructure provider.

Payward, the parent company of cryptocurrency exchange Kraken, has signed a definitive agreement to acquire Reap Technologies for up to $600m.

Francisco Partners is reportedly in discussions to acquire Moneris, a financial technology joint venture co-owned by RBC and BMO.

The UK’s Financial Conduct Authority (FCA) has launched a competition investigation involving PayPal, Mastercard and Visa.