Tagged: payments

March 20, 2026 @ 9:53 am By Omar Faridi  |  

Major high-street lenders across the United Kingdom have chosen to retain the existing £100 single-transaction ceiling for tap-and-go card payments, even after the country’s financial watchdog handed them the authority to raise or scrap it entirely. This decision, which took effect on 19 March 2026,… Read More

March 19, 2026 @ 6:02 pm By Omar Faridi  |  

Tempo — a specialized payments network developed with backing from the major payment services provider Stripe — has now gone operational on its primary blockchain. Concurrently, the project has rolled out an innovative, openly available standard aimed at streamlining payments conducted by automated machines and… Read More

March 19, 2026 @ 11:50 am By Tony Zerucha  |  

RedStone, a blockchain oracle provider, is live on Tempo. Tempo is a purpose-built Layer 1 blockchain designed around instant settlement, predictable fees, guaranteed blockspace for payment flows, and native stablecoin transactions built for real-world commerce. Its launch partners include Anthropic, DoorDash, Mastercard, Nubank, OpenAI, Ramp,… Read More

March 18, 2026 @ 10:20 am By Omar Faridi  |  

Singapore-based payment infrastructure provider Thunes has announced a groundbreaking development that promises to transform cross-border transactions. The company now enables financial institutions to execute immediate payouts to stablecoin wallets by leveraging their established SWIFT connections, eliminating the need for any new technical setups. This latest… Read More

March 18, 2026 @ 10:11 am By Omar Faridi  |  

PayPal (NASDAQ:PYPL) has unveiled a significant expansion of its dollar-backed stablecoin, introducing PayPal USD (PYUSD) to users across 70 international markets. Revealed on March 17, 2026, this development allows millions of consumers and merchants to integrate the regulated digital asset seamlessly into their PayPal accounts,… Read More

March 18, 2026 @ 9:26 am By JD Alois  |  

BVNK is being acquired by legacy payments firm Mastercard for $1.8 billion. BVNK is a stablecoin Fintech that has grown to process payment volumes in the billions. It holds multiple licenses around the world, including a money transmitter approval in the US, an EMI in… Read More

March 18, 2026 @ 3:01 am By Omar Faridi  |  

Mastercard (NYSE: MA) unveiled plans to purchase BVNK, a firm specializing in stablecoin technology, in a deal worth up to $1.8 billion that includes performance-based incentives of $300 million. The acquisition, disclosed on March 17, 2026, from the company’s base in Purchase, New York, aims… Read More

March 18, 2026 @ 1:15 am By Omar Faridi  |  

Crypto.com has forged a new alliance with KG Inicis, South Korea’s payment gateway and value-added network operator, marking a key development in the integration of digital assets into everyday commerce. Announced on March 17, 2026, the partnership focuses on embedding Crypto.com’s Pay solution within KG… Read More

March 17, 2026 @ 2:09 pm By Omar Faridi  |  

Global payments and financial technology provider Airwallex has announced a major capital injection exceeding $1 billion into the EMEA region. The $1.135 billion commitment, spread across the next five years, is designed to accelerate expansion through 2030. Funds will support entry into fresh markets, the… Read More

March 17, 2026 @ 9:10 am By Omar Faridi  |  

UK Finance shared that Britain’s banking industry is undergoing a quiet but significant transformation, with fresh momentum in customer pricing strategies and international payment systems. Recent analyses from leading trade body UK Finance spotlight two forward-looking trends that promise better value for consumers and stronger… Read More

March 16, 2026 @ 10:05 am By JD Alois  |  

OpenAI Instant Checkout was announced in late 2025, but this month the company shared it was scaling back the project while focusing on merchant sites or integrated services. In September of 2025, OpenAI said it was “taking the first steps toward ChatGPT helping people buy,”… Read More

March 15, 2026 @ 10:26 am By Tony Zerucha  |  

Ramp has acquired Billhop, a Stockholm- and London-based payments platform licensed in the UK and Sweden. The acquisition deepens the company’s support for customers operating in the UK and Europe. Additionally, Ramp will open its first international offices in London and Stockholm. Nearly half of… Read More

March 15, 2026 @ 9:25 am By Tony Zerucha  |  

RedotPay, a global stablecoin-based payment fintech, has expanded its global regulatory framework through licensing milestones in Argentina, Canada, and the United States. It secured a Money Services Business (MSB) registration in Canada, a FinCEN MSB in the U.S., and a Virtual Asset Service Provider (VASP)… Read More

March 13, 2026 @ 8:18 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) and Visa (NYSE: V) have reportedly achieved a breakthrough in digital commerce, unveiling the region’s inaugural controlled pilot of end-to-end payments executed entirely by artificial intelligence agents. Announced recently this month, the partnership leverages Visa Intelligent Commerce technology to enable secure,… Read More

March 13, 2026 @ 1:11 am By Omar Faridi  |  

San Francisco-based BNPL Fintech Affirm (NASDAQ: AFRM) is increasingly focused on flexible financing options with recently announced partnerships that integrate the payments company’s pay-over-time model into AI shopping experiences and essential tax services. These moves now seemingly underscore the financial tech company’s commitment to transparent,… Read More

March 11, 2026 @ 3:53 pm By Omar Faridi  |  

Global financial technology provider Airwallex has posted another year of explosive growth in Singapore, reporting 107 percent revenue expansion for fiscal year 2025. This now reportedly marks the second straight year of triple-digit increases, underscoring the city-state’s role as a strategic hub for the company’s… Read More

March 11, 2026 @ 11:43 am By Omar Faridi  |  

UK Finance has released analyses underscoring the evolving landscape of Britain’s payments system. One focuses on designing better access to core infrastructure, while the other examines real-world cash usage on high streets. Together, they highlight the need for inclusive, efficient, and resilient payment options that… Read More

March 11, 2026 @ 10:07 am By Omar Faridi  |  

Circle (NYSE:CRCL) has introduced Nanopayments on its testnet, marking a pivotal advancement in the infrastructure supporting autonomous AI-driven economies. This innovative payment system functions as the essential backbone for what is being called the agentic economy, where intelligent software agents conduct financial exchanges at a… Read More

March 10, 2026 @ 8:23 pm By Omar Faridi  |  

Xero has indicated that Canadian small businesses faced a sharp slowdown in the closing months of 2025, with sales growth tumbling to levels last seen during the depths of the global health crisis. The latest quarterly snapshot from Xero’s Small Business Insights program paints a… Read More

March 10, 2026 @ 1:54 am By Omar Faridi  |  

A whitepaper from Juniper Research sheds light on the accelerating overhaul of global cross-border payment systems. Titled, The Transformation of Cross-Border Payment Infrastructure, the report explores how traditional networks, innovative fintechs, and emerging technologies are reshaping international money movement for businesses, consumers, and financial institutions…. Read More