Revolut is introducing a new point-of-sale device in the UK that lets customers pay using facial recognition. The system aims to offer a faster, more secure checkout experience without needing a card or phone.
Netflix detailed its commerce platform's evolution from a US DVD service to a global streaming giant. The key was breaking down its monolithic system to handle diverse international payments, regulations, and massive live event demand.
The EU is advancing its plan for a digital euro, aiming for a 2029 launch. The new currency is designed to reduce Europe's reliance on US payment giants like Visa and Mastercard, reshaping the continent's payment landscape.
Meta has appointed fintech founder Kunal Shah as the new head of WhatsApp, replacing Will Cathcart. The move signals a major strategic shift for the messaging app, focusing on payments and commerce for its global user base.
The UK government is replacing Stripe as its payment processor for Gov.uk services. The move to a Dutch competitor highlights the intense competition and evolving priorities for large-scale public sector payment systems.
Replit is partnering with Visa to integrate payment infrastructure into its development platform. The collaboration, which includes a strategic investment from Visa, aims to enable AI agents to transact autonomously, creating a new model for "agentic commerce" where AI can participate directly in the economy.