Tagged: payments

September 10, 2026 @ 10:08 pm By Omar Faridi  |  

Global card networks Mastercard (NYSE: MA) and Visa (NYSE: V) have aligned with a new World Bank Group effort designed to lower a little-noticed barrier that keeps many local banks and fintechs from scaling electronic payments in developing economies. The International Finance Corporation, the World… Read More

September 10, 2026 @ 10:06 pm By Omar Faridi  |  

US Bank (NYSE: USB) has completed a live internal pilot that moved value between its North American and European operations using USBDC, a dollar-backed stablecoin issued by the bank itself. The transfer was an intra-group payment rather than a customer transaction, and it ran on… Read More

September 10, 2026 @ 7:19 am By Omar Faridi  |  

BVNK and Marqeta (NASDAQ: MQ) have joined forces to give companies a simpler way to turn stablecoins into everyday spending tools. The two firms announced a partnership that will let Marqeta clients add digital-dollar functionality to cards, wallets, and other financial products used by both… Read More

September 10, 2026 @ 4:09 am By Omar Faridi  |  

OnePay, the Walmart-backed financial technology firm, has rolled out a new in-app feature called My Garage that consolidates vehicle-related payments and financial details in a single dashboard. The move reflects the company’s broader effort to expand its mobile platform into a more complete money management… Read More

September 9, 2026 @ 10:06 pm By Omar Faridi  |  

Visa (NYSE: V) and Revolut have completed a tightly controlled live test in which an artificial intelligence agent initiated a real purchase on a French Revolut Visa card, authenticated through Visa Payment Passkeys rather than a one-time code, PIN or manual card entry. The trial,… Read More

September 9, 2026 @ 7:25 am By Omar Faridi  |  

Circle Internet Group (NYSE: CRCL), the issuer of the USDC stablecoin, has signed a definitive agreement to purchase Tazapay, a Singapore-based specialist in business-to-business cross-border payments. The announcement, made on September 8, 2026, positions the transaction as a way to broaden Circle’s payments infrastructure and… Read More

September 8, 2026 @ 10:17 am By Omar Faridi  |  

Mastercard (NYSE:MA) is positioning itself for a coming shift in how people and companies buy and sell online. According to the payments network, autonomous software agents will play a growing role in digital commerce, moving from helpful assistants to systems that can search, compare, decide… Read More

September 7, 2026 @ 11:13 pm By Michael Wong  |  

Singapore-based Ant International has received a payment institution licence from Brazil’s central bank, expanding its regulated presence as the financial technology company strengthens its local and cross-border payment capabilities in Latin America’s largest economy. The licence from Banco Central do Brasil builds on services Ant… Read More

September 7, 2026 @ 3:02 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) has warned the public to stay alert to phishing scams involving the unauthorised binding of payment cards, including ATM cards, to contactless mobile payment services. The HKMA said it recently received reports from banks of scams in which fraudsters… Read More

September 7, 2026 @ 1:05 am By Omar Faridi  |  

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

September 5, 2026 @ 2:50 am By Omar Faridi  |  

BCP Technologies has completed its first live purchase of a tokenised US Treasury bill using its sterling stablecoin, marking a notable moment for on-chain settlement in the UK market. The London-based issuer said it bought Archax’s $GOVY tokenised T-bill and settled the trade in tGBP,… Read More

September 3, 2026 @ 7:42 pm By Omar Faridi  |  

Orange has begun letting Sosh subscribers settle their monthly bills with Wero, marking a notable step in the rollout of Europe’s homegrown instant-payment system. The option went live on 2 September 2026 and is presented as a first in France for recurring telecom invoices. Wero… Read More

September 2, 2026 @ 10:46 am By JD Alois  |  

TabaPay, a platform that provides a single point of management for money movement for banks and Fintechs, says it intends to acquire Denver-based Transact Bank, a federally chartered entity. At the same time, TabaPay has received a $155 million investement from FTV Capital a growth… Read More

August 31, 2026 @ 12:50 am By Omar Faridi  |  

The UK government has moved to give the Bank of England a new formal duty to foster innovation in payment systems and new types of digital money, while keeping financial stability as its overriding priority. Announced on 27 August 2026, the change is intended to… Read More

August 30, 2026 @ 8:57 pm By Omar Faridi  |  

The head of the Bank for International Settlements (BIS) has questioned whether privately issued digital tokens pegged to fiat currencies can serve as a dependable way to move money across the economy. Speaking at the Federal Reserve’s Jackson Hole symposium on 28 August 2026, BIS General… Read More

August 30, 2026 @ 1:00 am By Omar Faridi  |  

OpenPayd has gone live on the Circle Payments Network, giving business clients a way to send ordinary currencies across borders in seconds while settlement happens on regulated stablecoin rails in the background. The London-based infrastructure firm announced the connection on 25 August 2026. Companies that… Read More

August 28, 2026 @ 9:54 am By JD Alois  |  

Fintech Stripe and Advent International have decided to halt their efforts to acquire PayPal (Nasdaq:PYPL). Advent International is a private equity firm active in the Fintech sector. The two partners had previously agreed to acquire the payments firm for around $53 billion, or $60.50 a… Read More

August 28, 2026 @ 5:29 am By Omar Faridi  |  

Swift has agreed to give the financial industry more time to complete a key part of the ISO 20022 payments upgrade: the shift from free-text postal addresses to structured ones. The decision follows formal requests from several market communities that said they could not meet… Read More

August 27, 2026 @ 3:14 pm By Omar Faridi  |  

Payouts.com and the Casper Association have joined forces to give autonomous AI systems a practical way to pay for digital goods and services. The collaboration, announced in late August 2026, positions Casper Network as a settlement layer for Payouts.com’s AgentWallet and Digital Employees products. Together… Read More

August 26, 2026 @ 10:34 pm By Omar Faridi  |  

Visa (NYSE: V) has joined a Monetary Authority of Singapore (MAS)-supported effort aimed at bridging conventional financial payment systems with those built around stablecoins. The initiative, known as BLOOM (Borderless, Liquid, Open, Online, Multi-currency), seeks to expand the settlement options available to banks and other institutions… Read More