"Mastercard and BMO announced an expansion of BMO’s Global Money Transfer service, powered by Mastercard Move’s global money movement capabilities. With the addition of new destinations and currencies, BMO’s Canadian personal banking clients will now be able to reach...
New UPI Rules From August 1: Here’s How Paytm, PhonePe, GPay Users Will Be Impacted
"The National Payments Corporation of India (NPCI) has introduced several changes in Unified Payment Interface (UPI) ecosystem with an aim to improve the performance of UPI transactions. NPCI has issued additional set of guidelines to be adhered by UPI ecosystem...
Boku Secures Payment Institution License by Central Bank of Brazil
"Payment solutions provider Boku has been granted a Payment Institution license by the Central Bank of Brazil (BCB). This authorisation enables Boku to operate as a Payment Initiator and E-money Issuer, positioning the company to participate in Brazil’s evolving Open...
Hong Kong Rules Require Identity of Every Stablecoin Holder
"The Hong Kong Monetary Authority (HKMA) published several documents relating to the new stablecoin regulations which become effective on 1 August 2025. The regulator had warned that the anti money laundering (AML) requirements would be strict, and they are. Most of...
checkout.com and Visa Partner to Introduce Card Issuing for UK and European Merchants
"Checkout.com has announced a strategic partnership with Visa to launch card issuing capabilities for merchants across the UK and Europe, aiming to streamline payments and improve capital efficiency for businesses, particularly in the travel sector. The collaboration...
Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
"Visa announced a major advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the long-standing challenge of fleet data tags being tied solely to the plastic card chip. Now, fleet data tags can be configured...
Cash App Launches Pools for Group Payments
"Cash App announced the launch of pools, a new peer-to-peer payment feature that enables group payments with just a few taps. From friends planning their next big vacation to coworkers chipping in for a colleague’s wedding gift, Cash App pools make it easy to manage...
JPMorgan Nears Deal to Take Over Apple’s Credit Card Program, WSJ Reports
"JPMorgan Chase is in advanced talks to take over Apple's credit card program from Goldman Sachs, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Talks between the largest U.S. bank and the tech giant began last year, as Goldman...
Mastercard Accelerates B2B Payment Automation Globally With Acceptance Innovations
"Mastercard is modernizing supplier reconciliation and streamlining virtual card payments with several new enablers. It’s launching widescale global availability of Mastercard Receivables Manager, its automated solution that makes virtual cards more efficient, secure...
Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law
"President Donald J. Trump signed the GENIUS Act into law, a historic piece of legislation that will pave the way for the United States to lead the global digital currency revolution. The GENIUS Act prioritizes consumer protection, strengthens the U.S. dollar’s...