The Logic
"Interac is preparing to start charging all financial institutions a flat fee for Interac e-transfers, amid scrutiny of its pricing model from the Competition Bureau and the House of Commons, The Logic has learned. The planned move would be a reversal of its current practices. Interac charges banks and credit unions between six and 43 cents for every e-transfer based on the volume they send, one source with direct knowledge of the matter confirmed."
Digital Trends
"The General Data Protection Regulation (GDPR) has forced a lot of companies to change their practices in order to comply with these guidelines. While the GDPR is a European-focused set of rules, consumers all over the world have seen beneficial side effects."
Cointelegraph
"El Salvador, the first country in the world to accept Bitcoin as legal tender, is reportedly scaling back its BTC ambitions under pressure from the International Monetary Fund (IMF)."
LexisNexis Risk Solutions
"LexisNexis® Risk Solutions has entered into an agreement to acquire IDVerse™, a provider of AI-powered automated document authentication and fraud detection solutions. IDVerse will become part of LexisNexis Risk Solutions Business Services."
Intuit Inc.
"Intuit Inc. and Amazon announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business."
The Clearing House
"The Clearing House, the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. The increased limit supports growth on the network in areas including real estate, supply chain payments, and business-to-business transactions that require larger transaction amounts."
Reuters
"Internet giant Google said Friday it was suing the US Consumer Financial Protection Bureau over the agency's decision to order federal supervision of Google Pay, the company's payment arm."
J.P.Morgan
"Between making high-value property acquisitions, managing vendor payments and collecting incoming rent payments, commercial real estate organizations have complex payments needs. The right channels can help owners and operators maximize liquidity, build strong vendor relationships and gain valuable visibility into operations—without getting in the way of workflow."
Atlanta Fed
"Do you find yourself mostly tapping to pay, whether by card, phone, or watch? This is a far cry from mid-2020, when a friend of mine was thwarted three times in one day from using contactless pay, as she encountered obstacles at one of the largest retailers in the US and at two of the largest grocery stores."
Ledger Insights
"Ten institutions completed simulated trials of the Regulated Settlement Network (RSN), exploring the use of a shared DLT network to settle tokenized transactions. It was an extension of previous trials of the Regulated Liability Network conducted last year, which included tokenized commercial bank money and tokenized central bank money on the same network."
Swift
"With the November 2025 deadline for payment instructions drawing closer, J.P. Morgan Payments share insights from their ISO 20022 adoption journey, and lessons that may help the community."
Vipps Mobilepay
"Starting today, Vipps users in Norway can tap their phones with Vipps to pay in stores. With this launch, Vipps MobilePay becomes the first company in the world to offer a competing solution to Apple Pay on iPhone."
Tech Edition
"Ant International has partnered with Swift’s Network Interoperability Reference Implementation program, marking a significant step towards enhancing cross-border treasury management solutions."
The New York Times
"Some things you can no longer do with cash: Buy a well-loaded hot dog at any of the five Devil Dawgs eateries in and around Chicago. Order a Vermont Pale Lager from Hill Farmstead Brewery’s taproom in Greensboro Bend, Vt. [Subscription Required]"
Consumer Financial Protection Bureau
"The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over Google Payment Corp."
Business Wire
"Alipay+ leads the industry in collaboration with 35 leading mobile payment partners, including e-wallets, banking apps and BNPL apps, etc., connecting over 90 million merchants in 66 markets to 1.6 billion user accounts. It has also formed strategic partnerships with national standardised QR schemes, such as Singapore’s SGQR, Malaysia’s PayNet, South Korea’s ZeroPay, Cambodia's KHQR, Nepal’s NepalPay QR and Sri Lanka's LankaPay."
Business Wire
"Blackhawk Network announced the launch of Roblox digital gift cards available in Mexican Peso (MXN). Roblox is a virtual platform with millions of immersive experiences for people to enjoy together."
Socure
"Socure announced milestone achievements for its First-Party Fraud Consortium. The consortium seeks to unify companies to tackle the complicated, multi-industry issue of First-Party Fraud by pooling data and insights which allow them to detect and stop fraud before it takes hold. The groundbreaking initiative has amassed data intelligence encompassing 190 million contributed identities, 121 million of which are unique identities, 325 million accounts, and 20 billion transactions, marking an unprecedented collaboration in financial services history."
Business Wire
"Circle Internet Group, Inc. announced that its regulated subsidiary is the first stablecoin issuer to commit to comply with the Ontario Securities Commission (OSC) and Canadian Securities Administrators’ (CSA) Value-Referenced Crypto Asset (VRCAs) requirements. This facilitates Circle’s U.S. dollar-denominated stablecoin, USDC, being offered on registered crypto asset trading platforms in the Canadian market."
Kansas City Fed
"The Federal Reserve began tightening monetary policy in March 2022 to combat higher inflation. This tightening, in turn, increased borrowing costs for a wide range of consumer financial products such as auto loans, mortgages, and credit cards. Higher borrowing costs can dampen demand as households use more disposable income to service interest expenses, which, in turn, can cool inflation."
Ledger Insights
In October the Bank of Russia revealed a time frame for the roll out of the digital ruble, which forms part of a Bill that has been submitted to the State Duma. The mass rollout date is 1 July 2025. By that time the largest banks and retailers must support the central bank digital currency (CBDC). Now the Ministry of Industry and Trade has asked for a longer timescale of up to two years, similar to that provided to smaller retailers, the Izvestia newspaper reported.
Asset Servicing Times
"Spreedly and dLocal have partnered to expand the companies' collaboration beyond Latin America into Africa and APAC. The expanded partnership will allow customers to access dLocal's alternative payment methods (APMs) and the Spreedly's payment ecosystem in these high-growth regions."
American Express
"Hypercard, a fintech dedicated to innovating in the payments market, will be launching its first consumer credit card on the American Express network that companies can offer to their employees. The card will also make it easier for employees to submit expense reimbursements."
Open Banking Expo
"The Consumer Financial Protection Bureau (CFPB) published the final version of its Personal Financial Data Rights rule on October 22, which in its own words, moves the US closer to “having a competitive, safe, secure, and reliable ‘open banking’ system”. Up until now, the US has been one of very few countries to put Open Banking in the hands of market forces."
Your Story
"RBI Governor Shaktikanta Das has announced the formation of the FREE AI commiee for ethical AI adoption in nance and has launched MuleHunter.AI tool to combat digital fraud through advanced AI/ML technologies. The committee, named FREE AI, will address critical challenges such as algorithmic bias, transparency, and data privacy, and create a roadmap for sustainable AI integration in the financial sector."
Swift
"Early adopters highlight key benefits of richer data as community enters final year of the MT/ISO 20022 cross-border coexistence period for payments instructions."
Deutsche Bank
"Central bank digital currencies (CBDCs) have gained traction globally. In 2023, 94% of central banks have been engaged in some form of research, experimentation, pilot programme or deployment, a survey by the Bank of International Settlement (BIS) published in June 2024 found."
CNBC
"President-elect Donald Trump on Wednesday nominated Jared Isaacman, the billionaire CEO of Shift4 who has led two private spaceflights , to be the next head of NASA...Isaacman said he plans to leave Shift4 once he’s confirmed as NASA administrator."
MSN
"In 2023, Walmart notched a whopping $611 billion in revenue — a 6.7% increase from an already impressive 2022. So when Walmart recently indicated its desire to cut out payment companies, the news garnered headlines."
Tearsheet
"Once seen as a convenience for splurging on big-ticket items, BNPL is now becoming a go-to solution for necessities like groceries and utilities. Rory Herriman, Chief Product Officer and CTO of Zip Co, shares insights on how BNPL is expanding to meet broader consumer needs and cash flow management, and how Zip's approach is evolving with the sector."