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Wix and Stripe Enable Contactless Payments via iPhone
Wix and Stripe have partnered to enable merchants to accept contactless payments with an iPhone. With this new Tap to Pay on iPhone offering, merchants in the United States can use the Wix Owner App...
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Stripe Aims to Buy Employee Shares and Cover $3.5 Billion Tax Bill
Stripe’s latest fundraising round is reportedly being driven by a $3.5 billion tax bill. The firm aims to cover this personal tax liability that will soon be faced by some of its longtime employees,...
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BoomerangFX Adds Stripe Payment Processing to Clinic Management Platform
BoomerangFX has tapped Stripe to enable integrated payments within its clinic management platform. This move will add Stripe’s payment platform to BoomerangFX’s platform for aesthetic medical practices...
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Stripe and OpenAI Collaborate on Implementing and Monetizing AI
Stripe and ChatGPT creator OpenAI have announced they are collaborating on some projects. OpenAI will use Stripe’s financial infrastructure platform to monetize its products, while Stripe will...
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Stripe Says It’s Building the Payments Foundation for Tomorrow’s AI Economy
How do you effectively monetize artificial intelligence (AI) tools that can do anything? With a payments foundation that can support everything they do, Emily Glassberg Sands, Stripe’s head of...
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Stripe Valued at $50 Billion Following New Funding Round
Stripe has raised $6.5 billion in a funding round that values the payments firm at $50 billion. The valuation, announced by the privately-owned company Wednesday (Mar. 15), is down from the $95 billion...
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Generative AI Set to Drive Headcount Efficiencies Across the Enterprise
As large language models (LLMs) like ChatGPT keep growing, enterprise headcounts might start shrinking. This, as a new paper from OpenAI researchers estimated that the potential implications of...
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Stripe Confident in Web Economy Despite ‘Significant’ Slowing
Stripe’s businesses processed more than $817 billion in 2022, the payments company said Wednesday (April 5). In the company’s annual user letter, co-founders and brothers Patrick Collison and John...
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Calls to Pause AI Development Miss the Point of Innovation
Innovations transform the economy and change the realities of daily life. The sign of a healthy, competitive market is one where the doors are open to innovation and development, not shut to progress....
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Stripe Offers Affirm's Adaptive Checkout to Canadian Users
Payments company Stripe and buy now, pay later (BNPL) provider Affirm have expanded their partnership. According to a Thursday (April 13) news release, the expansion makes Affirm’s Adaptive Checkout...
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Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
Earnings season has yet to fully engulf the FinTech IPO sector. But there was plenty of other news to go around — where macro headwinds were in evidence, forcing at least one platform to scale back its...
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Report: Startups Contend With ‘Bloodbath’ As Funding Dries Up
The world’s tech startups could be facing a cruel summer as the funding crunch persists. As Bloomberg News reported Monday (April 24), experts believe these companies will increasingly begin to run out...
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Stripe Adds New Billing, Tax and Revenue Reporting Capabilities
Stripe has added new capabilities to its revenue and finance automation suite. The firm has made major upgrades to Stripe Billing and Stripe Tax, and has launched Stripe Revenue Reporting in beta,...
View ArticleStripe Now Powers Real-Time Card Payments on Microsoft Teams
Businesses using Microsoft Teams can now accept payments with Stripe. With Stripe powering Teams Payments, meeting hosts can accept real-time card payments before, during or after virtual appointments,...
View ArticleUber and Stripe Expand Partnership to Enable Pay by Bank
Uber and Stripe have expanded their strategic payments partnership across the United States, Australia and Japan. By expanding its use of Stripe’s payment platform, Uber will reduce payments costs,...
View ArticleWix and Stripe Partnership Introduces Tap to Pay on Android
Wix, a global software-as-a-service (SaaS) platform for managing an online presence, has partnered with payment processing platform Stripe to introduce Tap to Pay on Android. This new feature allows...
View ArticleStripe Adds New Payment Methods to Checkout Suite
Stripe has added new payment methods and A/B test capabilities to its optimized checkout suite. The suite provides businesses with products, tools and features they can integrate into their customer...
View ArticlePayPal Faces Class-Action Lawsuit Alleging Anti-Competitive Practices
A class-action lawsuit has been filed against PayPal, alleging that the company engages in anti-competitive practices that result in higher prices for consumers during eCommerce transactions. The...
View ArticleCurios Integrates With Stripe to Streamline Web3 Payments
Blockchain and Web3 platform Curios integrated with payment processor Stripe. The combination “marks a significant milestone for Curios, as it empowers the platform to facilitate seamless, secure and...
View ArticleBundling Services With Payments Helps Processors Win With Small Businesses
The world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main Street SMBs, is “saturated...
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