"A group of Senate Republicans introduced legislation this week that seeks to halt any efforts by the federal government to create a central bank digital currency (CBDC)."
"With direct integrations to Mastercard, Visa, American Express, and Discover, Finix offers Canadian businesses payments solution in one unified offering."
Socure and Trustly Partner to Offer Industry-First Streamlined Onboarding and Open Banking Payments Process for Merchants and Fintechs
"Socure and Trustly announced an industry-first partnership to offer merchants and fintechs a streamlined onboarding and guaranteed Pay by Bank solution."
"It’s perhaps the most recognizable feature of the ACH Network: Direct Deposit. It’s the way 93% of American workers are paid and nearly all Social Security recipients get their benefits. A new campaign unveiled by Nacha aims to educate and inform people on the many...
"Australia is phasing out cheques by 2030, but banks are moving well ahead of the federal government's timeline."
"Checkbook announced a multi-year collaboration with Visa aimed at expediting disbursements to businesses, institutions, and individuals across millions of endpoints around the country."
"Orum announced that it is live with FedACH and will be adding FedNow and FedWire services. The direct connection to the Federal Reserve’s payment rails as a service provider is part of Orum’s new money movement API, Deliver."
Wedge Introduces Industry-First Programmable Payment Solution For Banking Associations and Credit Unions
"Wedge announced the launch of the Wedge white-label programmable payments platform. Banks and credit unions nationwide can now issue customers the most advanced debit cards, offering them the ability to use their most efficient payment method available at every point...
"India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), two sources aware of the development said."
Episode 233 – How unexpected technology combinations can lead to practical payment solutions with Glendy Kam, Tassat
In searching for guests who will inspire us to eschew false choices in favor of unexpected combinations, we met Glendy Kam, Chief Product Officer at Tassat. In this episode, Yvette enjoyed geeking out on payments innovation with Glendy and digging into how Tassat is creating an infrastructure enabling $1.4Tr in payments for commercial bank customers.
For all the participants who have been through a Glenbrook workshop and have asked about real-world use cases for distributed ledgers and blockchain technologies in payments, or are trying to figure out how to combine new and existing technologies to solve a problem, this episode is for you. Enjoy!