Tagged: payments

July 27, 2026 @ 5:47 am By Omar Faridi  |  

International digital payments provider Checkout.com has secured preliminary authorization for a Stored Value Facilities license from the Central Bank of the United Arab Emirates. This regulatory step positions the company to expand its local services by combining payment acceptance functions with card issuance capabilities within… Read More

July 25, 2026 @ 4:42 pm By Omar Faridi  |  

A New York state court has refused to throw out a major lawsuit targeting the company behind the popular Zelle payment service, allowing claims of widespread consumer fraud to move forward. The ruling represents a significant setback for Early Warning Services, the operator of Zelle,… Read More

July 25, 2026 @ 2:38 pm By Omar Faridi  |  

Payment security specialist Verifone has been awarded a U.S. patent for a new method that enables payment terminals to independently identify physical interference, including sophisticated card-skimming devices that remain hidden from ordinary observation. Announced on July 23, 2026, the innovation—known as Wireless Tamper Detection and… Read More

July 25, 2026 @ 10:28 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is expanding its tools for the emerging agentic economy, with a particular focus on allowing businesses to receive payments from autonomous AI systems. In an official update, the company outlined three coordinated releases aimed at businesses, individual users, and developers.Starting this week, Coinbase… Read More

July 25, 2026 @ 10:27 am By Omar Faridi  |  

The Solana blockchain recorded its strongest performance yet in the realm of consumer payment cards. Top-up volumes linked to crypto cards built on the network reached an unprecedented peak in May, climbing to $94.32 million. This figure marks the highest monthly total observed for such… Read More

July 24, 2026 @ 1:48 am By Omar Faridi  |  

Visa (NYSE: V) and Airwallex have announced a partnership to create specialized embedded-finance tools for freight and shipping platforms. The collaboration focuses on modernizing payments, enhancing working capital access, and streamlining cross-border transactions for logistics businesses. Announced on July 23, 2026, the initiative combines Visa’s… Read More

July 23, 2026 @ 11:20 am By Omar Faridi  |  

US based digital assets company Circle has entered into strategic collaborations with prominent local players Kakao Group and Toss Bank. These partnerships aim to test and advance blockchain-powered payment systems and stablecoin applications tailored to the Korean market. Circle, known mainly as the issuer of… Read More

July 23, 2026 @ 1:21 am By Omar Faridi  |  

Klarna (NYSE: KLAR), the digital banking and flexible payments provider, has introduced its services directly inside lululemon stores across the United Kingdom and Germany. Announced on July 22, 2026, this rollout allows shoppers to enjoy the same convenient payment options in physical locations that they have… Read More

July 22, 2026 @ 9:13 am By JD Alois  |  

The UK government is in the midst of a significant change following the exit of Keir Starmer and the selection of Andy Burnham as the new Prime Minister. While industry and financial services remain optimistic about the new government, clarity on policy will emerge over… Read More

July 22, 2026 @ 8:17 am By Omar Faridi  |  

Zilch, a player in flexible payments, has announced a strategic collaboration with Rezolve AI, a provider of AI-driven commerce and customer engagement solutions. The alliance integrates Rezolve AI’s Reward platform into Zilch’s ecosystem, significantly broadening access to UK retailers through the company’s Intelligent Commerce offering…. Read More

July 21, 2026 @ 12:16 pm By Omar Faridi  |  

BNPL provider Affirm (NASDAQ: AFRM) has deepened its collaboration with Amazon to introduce installment payment options directly on the Amazon Business platform. This move allows eligible business owners to spread the cost of qualifying purchases over time, enhancing cash flow management and purchasing capacity without… Read More

July 20, 2026 @ 10:05 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has issued new guidelines setting out its expectations for the annual audit of payment service providers (PSPs), requiring licensed firms to strengthen oversight of risk management, regulatory compliance, and controls as the city-state’s digital payments sector expands. The Guidelines… Read More

July 17, 2026 @ 8:28 am By Omar Faridi  |  

Visa (NYSE: V) has introduced a comprehensive new platform that streamlines the use of stablecoins for banks, fintech companies, and other payment providers. This development marks another milestone in the payments giant’s ongoing efforts to integrate blockchain technology into mainstream financial operations, offering a unified,… Read More

July 17, 2026 @ 1:47 am By Omar Faridi  |  

Remitly Global, Inc. has obtained a Stored Value Facilities (SVF) license paired with an Exchange Business Category IV authorization from the Central Bank of the United Arab Emirates (CBUAE). This approval positions the company among the early international remittance specialists to gain such credentials in… Read More

July 16, 2026 @ 5:21 pm By James Simcox  |  

The digital euro is a promising step forward for Europe, with the potential to transform how money moves across the continent. So far, much of the debate has centred on payments sovereignty and consumer wallets, and both certainly matter. A trusted form of central bank… Read More

July 16, 2026 @ 4:34 pm By Omar Faridi  |  

Digital payments processor Visa (NYSE: V) has highlighted how stablecoins could unlock a new wave of ultra-small-scale transactions, particularly suited to an economy driven by intelligent, self-operating AI systems. As artificial intelligence evolves from helpful tools into proactive agents capable of handling complex tasks independently,… Read More

July 16, 2026 @ 4:27 pm By Omar Faridi  |  

The Linux Foundation has officially activated a new initiative aimed at creating standardized, built-in payment capabilities for the web. This effort centers on the x402 protocol, designed to make financial transactions as straightforward as data exchanges between machines, applications, and AI systems. The x402 Foundation… Read More

July 16, 2026 @ 8:17 am By Omar Faridi  |  

The Fintech division of Brazil’s digital bank Inter has announced the introduction of its innovative contactless payment wearables to customers in the United States. This expansion brings stylish, convenient payment solutions—specifically designed rings and wristbands—directly to the US market, allowing users to make seamless transactions… Read More

July 15, 2026 @ 12:56 pm By JD Alois  |  

Stripe is partnering with Advent to acquire PayPal (NASDAQ:PYPL), according to multiple reports. The deal could value PayPal at around $53 billion, with some observers anticipating a higher price. If Stripe acquires PayPal, it could extend its reach into payments/transfers/financial services for both businesses and… Read More

July 15, 2026 @ 12:27 pm By Omar Faridi  |  

Klarna (NYSE:KLAR), which is now a key player in digital banking and flexible payment solutions worldwide, has taken a significant step to bolster its operations in Germany. On July 9, 2026, the company announced its inaugural forward flow and warehouse financing arrangement in the country, backed… Read More