Tagged: payments

Telcoin Starts Digital Asset Banking Operations with eUSD Stablecoin

After the final charter approval of Telcoin Digital Asset Bank by the Nebraska Department of Banking and Finance this past month, Telcoin begins initial blockchain banking operations with the launch of its eUSD stablecoin on the Ethereum and Polygon blockchains. With the minting of $10… Read More

China Advances Digital Yuan with Major Overhaul Set for 2026

China’s central bank, the People’s Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency (CBDC), the digital yuan (e-CNY). Effective January 1, 2026, this initiative will introduce an upgraded governance framework, operational mechanisms, and supporting infrastructure, marking… Read More

Thailand Card Payments to Rise Nearly 3% in 2025 : Research

Thailand’s aggregate card payments market is now being projected to grow by 2.7% in 2025 to reach THB2.3 trillion (appr. $65.4 billion), supported by the ongoing expansion of digital payment acceptance infrastructure, government-led financial inclusion initiatives, and the growing adoption of contactless payments, according to… Read More

Circle Explains How B2B Transactions Can Be Streamlined to Boost Operational Efficiency

Circle (NYSE: CRCL) noted that every day trillions of dollars move between businesses. These business-to-business (B2B) transactions underpin everything from “keeping factories running to facilitating digital services, with an estimated ~$88 trillion in B2B transactions in 2024 alone.” Despite despite their size and importance, the… Read More

UK’s Payment Systems Regulator (PSR) Takes Action to Enhance Governance in Card Scheme and Processing Fees

The Payment Systems Regulator (PSR) has set out changes that will give businesses more information on the card payment fees they pay. This follows its market review, which found that Mastercard and Visa don’t face competition due to rising fees and a lack of clarity… Read More

Hong Kong Card Payments Seen Rising 4.5% in 2025: Report

Hong Kong’s card payment market is expected to expand further in 2025, even as it remains one of Asia’s more mature payments landscapes, with total card spending forecast to rise 4.5% to HK$1.32 trillion ($168.4 billion), according to data and analytics firm GlobalData. The forecast… Read More

UK Finance Welcomes Move to Transfer PSR Functions to Financial Conduct Authority (FCA)

HM Treasury’s latest September consultation, A Streamlined Approach to Payment Systems Regulation, confirmed plans to get rid of the Payment Systems Regulator (PSR) and transfer its overall functions to the United Kingdom’s Financial Conduct Authority (FCA). This marks a key moment for UK payments regulation… Read More

Moneyhash, Mastercard Partner to Expand Access to Merchant focused Solutions, Boosting Payments Capabilities

Moneyhash is collaborating with Mastercard (NYSE: MA) to expand merchant access to its Merchant Cloud platform across the MEA region. By connecting to Mastercard’s Gateway through a unified API, merchants can simplify integration, “streamline operations and enhance payment performance across markets.” Mastercard’s Gateway, a part… Read More

BNPL : Lawmakers Looking at Buy Now, Pay Later Need to Raise the Bar According to Affirm

Max Levchin, Founder and CEO at Affirm (NASDAQ: AFRM), noted that there’s been increased attention on buy now, pay later (BNPL) over the past few weeks, raising questions about why consumers “choose these products, how they use them, and the industry’s overall practices.” Levchin added… Read More

Volante Technologies Clients Prepare for EU SEPA Instant and SWIFT Cross-Border Payments Regulations

Volante Technologies, the enabler of Payments as a Service, announced it has upgraded its clients to meet the latest SEPA Instant Payments Regulation (IPR) and SWIFT SRG 2025 mandate, which came into effect October 9th and November 22nd, 2025, respectively. This announcement follows the major… Read More

Coinbax Announces Funding Round to Bring Institutional Controls to Stablecoin Payments

Coinbax has reportedly raised $4.2 million in seed funding to accelerate development of its programmable trust layer for stablecoin payments. The round was led by BankTech Ventures, with participation from Connecticut Innovations, Paxos, SpringTime Ventures, and other banking and payments industry participants. According to the… Read More

US Federal Reserve Proposes New “Payment Account,” Fintechs May Be Interested

The US Federal Reserve Board has proposed a new “payment account” that certain financial institutions could use solely for clearing and settling payments. This may appeal to Fintechs in the payments sector. This would differ from a “master account,” which is what many regulated financial… Read More

Stablecoins Becoming Core Medium of Payments and Remittances : Chainalysis

Chainalysis noted that stablecoins have reportedly crossed the chasm from trading utility to live, programmable payment channels that are able to regularly settle value in “minutes, 24/7/365, across borders and applications.” Chainalysis also mentioned that banks now face both demand to serve and margins to… Read More

UK Finance Shares Perspective on Defining Year for Payments Infrastructure

UK Finance has reflected on what it described as a defining year for United Kingdom’s payments infrastructure ecosystem. Looking back over 2025, the team at UK Finance said that it is clear to them that this has been one of the most significant years for… Read More

Mastercard Teams Up with LoanPro to Streamline Lending Processes

Mastercard (NYSE: MA) and LoanPro announced a new strategic partnership to launch Loan on Card, a solution designed to enable lenders to deliver loans to approved consumer and small business borrowers through virtual and physical card-based experiences. Set to launch in 2026, Loan on Card… Read More

Ripple, TJM Partner to Improve Institutional Trade Execution, Clearing Services

Ripple, the financial technology company that offers crypto solutions for businesses, announced a partnership with TJM Investments, a FINRA registered Broker Dealer and TJM Institutional Services, a N.F.A. registered Introducing Broker. TJM’s entities help institutional clients access global markets. Under the terms of the partnership,… Read More

Crypto.com Improves Fiat Payment Capabilities in Singapore with DBS Bank

Crypto.com announced a strengthening of its fiat payment capabilities with DBS Bank, which is reportedly Southeast Asia’s largest bank by assets.  This highlights Crypto.com’s commitment to working with banks to deliver services under the Monetary Authority of Singapore’s (MAS) framework. Crypto.com users in Singapore may… Read More

UK FCA Increases Contactless Payments Limit

The UK Financial Conduct Authority (FCA) has announced it will lift the contactless payments limit starting in March. In a statement posted today, the FCA said this will remove red tape and provide greater flexibility. Payments providers, including banks, with strong fraud controls, will be… Read More

Payment Integrity Firm Codoxo Raises $35M Series C

Codoxo, a provider of AI and generative AI-powered healthcare payment integrity solutions, raised $35M in Series C funding, led by CVS Health Ventures. Echo Health Ventures joins the round as a new investor, with continued investment from Sands Capital, 111 West Capital, Brewer Lane Ventures,… Read More

SoFiUSD Stablecoin Launches

SoFi this week announced the launch of SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. SoFiUSD will enable SoFi to serve as a stablecoin infrastructure provider for banks, fintechs, and enterprise platforms. They can leverage SoFi’s bank-grade infrastructure to streamline their… Read More

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