PayPal acquires Swift Financial to expand small business lending

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PayPal Holdings on Thursday announced the acquisition of Swift Financial to expand its offering of short-term loans to small businesses.

Visa’s tokenization service opens to third parties

Visa is opening up its Visa Token Service (VTS) platform to third parties. The move will make the tokenization program available to a range of new partners including device manufacturers, issuers, IoT developers, wallet providers, merchants, and others to offer its digital payment service on any device.

Visa and MasterCard join forces for payment tokenisation

Visa and MasterCard have signed an agreement that will see the payment giants work together in a bid to accelerate the adoption of payment tokens in Visa Checkout and MasterPass.

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