Select fintech product releases and partnerships announced this week, beginning with Alchemy.
Alchemy’s AgentCard integrates with Visa Intelligent Commerce
The union promises a complete identity and payment stack so AI agents from any provider can make online purchases. Agents can transact using Visa-issued tokens.
AgentCard features built-in spend controls, including merchant category restrictions, per-transaction limits, and customizable budgets, that are configurable at setup or in real time. A crypto wallet is available alongside the token. Transactions default to tokenized card payments, with support for emerging agent payment protocols, including crypto where accepted by the merchant.
AgentCard’s routing layer is designed to select the best available payment rail for each transaction and falls back to single-use tokens where agent-native protocols are not yet supported. As merchant and network adoption grows, AgentCard automatically upgrades the payment path without requiring reconfiguration.
Each agent provisioned through AgentCard receives a dedicated email address at agentcard.email and a new phone number, completing the identity layer required for agents to sign up for services, receive verifications, and operate with the same credentials as a human user.
Hashgraph Group, Truesense SRL file Continuous Identity Trust Infrastructure (CITI) patent
The solution cryptographically binds a physical presence event to a Decentralised Identifier (DID), creating privacy-preserving, auditable and immutable verifiable credentials for regulated environments. CITI aligns with the European Blockchain Services Infrastructure (EBSI), adhering to EU’s decentralized trust, interoperability standards, and security, for verifiable credentials based on W3C standards for Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs), as cryptographic framework for decentralized, privacy-preserving digital identity.
CITI verifies that a real person is physically present at a specific location, then securely links that proof to their digital identity – without exposing any personal data. It combines three deep technological advancements: the Ultra-Wideband (UWB) spatial-sensing technology – a short-range, pulse-based radio protocol that delivers centimetre-level accuracy and spatial awareness; decentralized digital identity (DID), and zero-knowledge proof (ZKP) cryptography. Together, they produce a Verifiable Credential (VC) that can be independently verified by third parties without exposing any personal or location data.
Melio launches agent-powered payment network
It enables buyers to pay suppliers directly through their accounts receivable systems, without requiring suppliers to onboard to a new portal or payment network. Agents securely log into supplier billing and AR systems, execute payments using suppliers’ preferred payment methods, and automatically return structured remittance data.
The agents identify suppliers’ preferred digital payment methods and execute payments directly through their AR systems.
Adyen introduces AI modular API suite
The suite of modular APIs enables enterprises to sell through conversational AI platforms without rebuilding their commerce systems for each new channel. Adyen Agentic introduces three layers – Agentic Feed, Agentic Cart, and Agentic Payments – that solve various stages of the customer journey in agentic commerce from product discovery to payment.
Agentic Feed: A structured product and inventory layer that distributes real-time catalogue, pricing, and availability data across conversational commerce environments.
Agentic Cart: An orchestration layer that connects merchants’ existing checkout, tax, fulfillment, and order management systems to conversational commerce platforms.
Agentic Payments: A payments and fraud layer for agent-led transactions, enabling authentication, token portability, merchant of record preservation, and risk management across evolving protocols.
Coverd Card debuts Rain-supported card
Issued in partnership with Rain, the global stablecoin payments platform for enterprises, the Coverd Card is accepted at more than 150 million merchants worldwide, wherever Visa is accepted.
Every time a Coverd cardholder swipes, they have the chance to receive instant cash back — up to 100% of their purchase — determined by a transparent rewards matrix available to view on the Coverd website. Everyday purchases like groceries, dining, and daily essentials are eligible from the first swipe, with no thresholds to hit and no points to track. Users may apply rewards directly as a statement credit, or elect to use them within Coverd’s in-app game experiences for the opportunity to earn back their entire statement balance.
Rain Rewards “broadly available”
Rewards is a native loyalty capability built directly into Rain’s issuing stack. Any partner running a card program on Rain can now launch fully branded rewards for their cardholders without standing up a separate loyalty vendor or building the infrastructure from scratch.
Partners set the program name, define earn rates, and configure redemption at the program level, with the flexibility to run a flat rate, add category multipliers, or layer in merchant-funded campaigns without complexity. The brand experience cardholders see belongs entirely to the partner. Redemption is built into the partner’s app, where points can be applied to a statement balance or redeemed through a white-labeled travel portal for hotels and flights, with additional options coming soon.