"Instant payments adoption is accelerating—and payments are getting bigger. In Q2 2025, the RTP® network, the largest instant payments system in the United States operated by The Clearing House that averages 1.18 million payments each day, processed $481 billion in...
Citi and Ant International Pilot AI-enabled Forecasting Solution to Enhance FX Risk Management for Airline Customers
"Citi and Ant International announced that they are piloting the use of Ant International's Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers. Developed with aviation clients as an initial use case, the...
FCA Proposes Stricter BNPL Rules Amid Debt Concerns [UK]
"The UK’s Financial Conduct Authority (FCA) has unveiled a series of new proposals aimed at tightening regulation of the country’s fast-growing Buy Now Pay Later (BNPL) market, as policymakers look to address mounting concerns over consumer debt and affordability. The...
We (Really) Can’t Stop Talking About Tokenization: A 2025 Update
Glenbrook’s Chris Uriarte unpacks network tokenization updates from Visa and Mastercard.
ECB Publishes Third Progress Report on the Digital Euro Preparation Phase
"The European Central Bank (ECB) has published its third progress report on the preparation phase of a digital euro, which was launched on 1 November 2023 and is laying the foundations for the potential issuance of a digital euro. Since the publication of the second...
Generative AI at the Crossroads: Light Bulb, Dynamo, or Microscope?
"With the advent of generative AI (genAI), the potential scope of artificial intelligence has increased dramatically, but the future effect of genAI on productivity remains uncertain. The effect of the technology on the innovation process is a crucial open question....
Ant International Expands Merchant Payment AI Functions With Antom Copilot 2.0
"Antom, Ant International’s merchant payment and digitisation services provider, announced a major upgrade to its flagship AI agent, Antom Copilot, with expanded capabilities across payment integration, onboarding, risk configuration, and chargeback solution. Antom...
Pix Drives Sharp Decline in Cash Use in Brazil
"Fewer Brazilians are using physical cash for payments as the country embraces what Google calls the “Cashless Era,” marked by a decisive shift from paper currency to digital transactions, according to the study Payments in Transformation: From Cash to Code. Regarding...
NPCI International Expands UPI-PayNow Linkage to Drive Cross-Border Remittances
"NPCI International Payments Limited (NIPL) the international arm of National Payments Corporation of India (NPCI) has further enhanced the UPI-PayNow real-time payment linkage by adding 13 more banks on the platform, extending its reach and simplifying cross-border...
OpenAI Working on Payment Checkout System Within ChatGPT, FT Reports
"OpenAI is planning to take a cut from online product sales made through ChatGPT by integrating a payment checkout system into the chatbot, the Financial Times reported on Wednesday, citing multiple people familiar with the proposals. Merchants that fulfill orders...