The European Central Bank (ECB) is examining a possible connection between its TARGET Instant Payment Settlement platform, known as TIPS, and Brazil’s Pix system. If the work advances, the link would be the first major cross-border expansion of Pix and one of several corridors the… Read More
Tagged brazil, ecb, european central bank, pix, tips
Stablecoin consortium “Twenty-one banks backing a stablecoin is the clearest sign yet that the growth in blockchain rails is coming from TradFi now, not crypto. Nobody’s debating whether public chains work for settlement anymore, just who gets to own the issuer. “The real losers here… Read More
Tagged Alex Witt, bitget research, CryptEscrow, Global Settlement Network, jerald david, kyle sonlin, LitVM, Lynq Network, Moon Pursuit Capital, Quote.Trade, Ryan Kirkley, sec, stablecoins, Utkarsh Ahuja, Verda Ventures
Russian investors behind a buy-now-pay-later (BNPL) platform have started international arbitration against Uzbekistan, arguing that a commercial joint venture with a state-owned bank collapsed into coercion, expropriation and the detention of a local executive. Counsel for Solfy RUS LLC and its shareholder Maksim Poletaev say… Read More
Tagged bnpl, lawsuit, russia, uzbekistan
OpenPayd has taken a step forward into the United States by folding MSB USA Inc. into its group, bringing 43 state money transmitter licenses under one corporate structure. The London-based financial infrastructure firm said the deal, completed after the necessary regulatory approvals, gives it a… Read More
Tagged money transmitter license, openpayd, payments, us
X Money just widened its gates. The official account posted that the in-app payments product is now open to every Premium and Premium+ subscriber whose X account is marked as American. Users are told to tap the Money tab in the sidebar and begin. That… Read More
Tagged fintech apps, product update, us, x money
Informal money-transfer systems such as hawala have grown more organised and now lean heavily on digital tools to hide criminal proceeds, a Financial Action Task Force (FATF) report concludes. Drawing on information from about 45 countries and organisations, including Pakistan and India, the Paris-based body… Read More
Tagged crime, digital wallets, fatf, fintech, hawala, pakistan
Toronto-Dominion Bank (NYSE: TD) has completed a live tokenized payment exercise on the Project Agorá platform, joining a broader international effort to modernize wholesale cross-border transfers while keeping settlement inside the regulated banking system. The trial moved tokenized funds between TD’s New York branch, operating… Read More
Tagged bis, project agorá, settlement, td, tokenization
Incore Bank has completed a proof-of-concept project that explores how agentic artificial intelligence can speed digital customer onboarding while automating large parts of the risk-assessment process. The trial, conducted with technology services firm Kyndryl and Google Cloud, used Google’s Gemini models together with Kyndryl’s agentic… Read More
Tagged agentic ai, incore bank, kyndryl alps, switzerland
Euroclear and HSBC (NYSE: HSBC) have unveiled a partnership to introduce AutoFX, an automated foreign-exchange service aimed at helping securities-market participants handle the shift to shorter settlement cycles in Europe and the United Kingdom. The two organisations said the offering will fold currency conversion and… Read More
Revolut has taken a major step toward operating as a fully licensed bank in the United States. On September 3, 2026, the company said the Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for a national bank charter that would allow… Read More
Tagged banking charter, digital bank, revolut, us
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