Indonesia, South Korea Launch Cross-Border QR Payments in Local Currencies

Bank Indonesia and the Bank of Korea have launched a cross-border QR payment link that allows Indonesians to pay in South Korea using QRIS through their domestic mobile apps, in the latest push by Asian central banks to build faster and cheaper regional payment networks…. Read More

Western Union Takes Control of Dash, Adding Singapore Wallet to Global Network

Western Union has completed its acquisition of Dash, the Singapore-based digital wallet previously owned by Singtel, giving the U.S. payments company its first wallet in Asia-Pacific as it pushes deeper into digital financial services beyond its traditional remittance business. The deal, first announced in October… Read More

The B2AI Era Is Upon Us: Visa

The Visa Business-to-AI Report (B2AI), conducted in conjunction with Morning Consult, highlights how AI is already influencing demand. Nearly 40% of Americans have made a purchase they normally would not have considered as a result of using an AI agent or tool. This is an… Read More

Thunes Launches Cross-Border Worker Pay Tool

Thunes has launched a direct-to-workforce cross-border payout solution that allows businesses to pay remote overseas teams, freelancers, and gig workers instantly. The company enables real-time compensation to be paid into 12 billion bank accounts, mobile wallets, and stablecoin wallets, across 140 countries, 24/7. The solution… Read More

9fin Celebrates $170M Series C

9fin, an AI-native platform for global debt markets, has raised $170 million in Series C funding at a $1.3 billion valuation. The round was led by HarbourVest, with participation from Canada Pension Plan Investment Board (CPP Investments) and earlier investors Redalpine, Highland Europe, Spark Capital, and Seedcamp. The funding will accelerate development of 9fin’s AI capabilities, expand its  proprietary dataset, and support continued growth… Read More

Personetics, Atomic Announce Digital Banking Partnership

Personetics and Atomic, a provider of embedded financial connectivity, are partnering to deliver a native, end-to-end solution for contextual direct deposit and bill payment switching within digital banking experiences. With this new capability, banks can identify the right customers and financial moments using transaction intelligence,… Read More

CPPO: Canadians Are Avid Multi-Bankers

New research from the CPPO, the nonprofit organization fueling the growth of the $14 billion open-loop prepaid economy, shows Canadians are expanding how they manage, move, and grow their money by combining traditional and digital-first providers that better align with their lifestyles. The shift reflects… Read More

Nium Launches Stablecoin Card Platform

Nium, a payments and card issuance platform, has launched its stablecoin card issuance platform.  The solution enables companies holding stablecoins to issue spending cards on both the Visa and Mastercard networks through a single API integration, allowing stablecoins to be used at hundreds of millions… Read More

Visa Debuts Enhanced Subscription Manager

Visa recently unveiled Enhanced Subscription Manager, a value‑added service within its Digital Issuer Solutions business. As the number of subscriptions worldwide is projected to reach 12 billion by 2030, consumers are seeking simple, transparent ways to track and manage recurring charges. In support of this,… Read More

OpenFX Raises $94M Series A

Alexander Hamilton Money Dollars USD

OpenFX, the FX infrastructure company targeting the rails powering cross-border money movement, has raised $94 million in Series A funding from Accel, Atomico, Lightspeed Faction, M13, Northzone, & Pantera. Founded in 2024 by FalconX co-founder Prabhakar Reddy, OpenFX connects traditional banking systems with digital-native infrastructure,… Read More

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