"Project Meridian FX proves that wholesale payment infrastructures, such as real-time gross settlement (RTGS) systems, can be interoperable via new technologies for FX transactions. The joint project between the Bank for International Settlements, Bank of England,...
Capital One Banks on AI for Financial Services
"Financial services has long been at the forefront of adopting technological innovations. Capital One’s strategy centers on a “test, iterate, refine” approach that balances innovation with rigorous risk management. The company’s first agentic AI deployment is a chat...
Milestone for Alipay Tap! QR Code Based Contactless Payment and Customer Engagement Solution
"Alipay Tap!, a QR code-based contactless payment and customer engagement solution introduced by Alipay in China in June 2024, has picked up over 100 million users within an 11 month period. The Alipay Tap! solution now supports over 300 scenarios, including ordering...
10% Rebate: Bybit Card Introduces USDC Cashback
"Bybit now offers cashback in both of the dominant USD-denominated stablecoins for Bybit Card holders. Starting Apr. 18, Bybit Cardholders will be able to diversify their cashback earnings into USDC. Once approved, new users will receive a virtual card compatible with...
Google Pay Rolls Out Integration of eWallets – ShopeePay and TNG Ewallet in Malaysia
Google announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay’s first eWallet integrations in Southeast Asia.
BILL Expands Category Leadership, Empowering Businesses to Streamline Procurement and Take Control of Cash Flow
"BILL announced new powerful procurement capabilities and several other meaningful innovations to help businesses and accountants take control of their cash flow and win. BILL is the first company to seamlessly unify robust procure-to-pay workflows with AP, AR, Spend...
Episode 262 – Bot Attacks Are Getting Smarter…Are You? – Nate Kharrl, Spec
Spec co-founder and CEO Nate Kharrl joins Yvette Bohanan on Payments on Fire to dig into some of the tactics and tech that is enabling today’s fraud schemes, and how GenAI is redefining the payments risk landscape.
eBay and Klarna Deepen Global Strategic Partnership to Empower Flexible Shopping in the U.S.
"eBay announced the expansion of its global strategic partnership with Klarna, the AI-powered payments and commerce network, to the U.S. market. eBay is rolling out Klarna’s flexible payments options to millions of eBay’s U.S. shoppers. The expanded partnership...
ACH Network Sees Strong Start to 2025; Volume and Value Increases for Both Standard and Same Day ACH
"The ACH Network began 2025 with impressive gains in both standard and Same Day ACH during the first quarter. ACH payment volume rose 4.2% to 8.5 billion. The value of those payments was $22.1 trillion, up $1.4 trillion, or 6.6%, from a year earlier. Same Day ACH...
Credit-Card Companies Brace for a Downturn
"Credit card companies are bracing for a potential economic downturn and increasing reserves to cover expected future losses. Delinquencies are rising and are in line with levels from before the pandemic. Some firms are tightening lending or targeting affluent...