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The buy now/pay later lender posted larger-than-expected losses, and following its layoffs it will deemphasize products with an uncertain short-term outlook, such as crypto trading.
Amex and Microsoft are developing a business-travel expense approach that gives users a green, yellow or red code indicating whether an expense is approved, under consideration or rejected.
The payments app is gradually adding network support for substitute card numbers, which can reduce friction at the point of sale while providing fraud protection.
Companies like CarParts.com and Affirm are tailoring loans for auto repairs, travel and other areas where borrowers are most sensitive to ballooning prices.
The U.K. payment company is working to boost its profile in the U.S. and Asia through local partnerships, as it battles Stripe and other fintechs on the global stage.