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A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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March 17, 2026
On the web
PayPal Eyes 70-Country PYUSD Expansion With Rewards For Its Stablecoin, Despite CLARITY Act Limbo
CoinDesk
"The expansion comes as the CLARITY Act remains stalled in the Senate due to disagreement over stablecoin rewards. As per the last proposal, PayPal would not be able to offer rewards on stablecoin holdings since it is not the issuer of PYUSD. Regulatory uncertainty could force PayPal to revise its rewards model or international strategy."
PPro Integrates Cash App Pay, Connecting Merchants With Millions of Gen Z and Millennial Consumers
PPRO
"PPRO announced that Cash App Pay is now available on its platform to merchants and PSPs operating in the U.S. This partnership enables businesses in PPRO’s network to offer a fast, mobile-first payment method that meets the expectations of digitally native American consumers and helps merchants connect with Cash App’s engaged customer base. Cash App Pay allows customers to pay directly from their Cash App balance*, linked bank account, or debit card, without needing to use a physical card."
Early Warning Services Expands Paze® Online Checkout to Citi
Early Warning
"Early Warning Services, the company behind Zelle, announced that Citi will offer Paze, the bank-offered online checkout solution, expanding access to millions of customers through one of the largest U.S. credit card issuers. Eligible Citi cardmembers will be able to activate Paze through Citi.com, the Citi Mobile® App or mywallet.paze.com. Customers can then look for the Paze button at the online checkout of participating retailers and easily complete their purchase with just a few clicks."
Mastercard to Acquire BVNK to Connect On-Chain Payments and Fiat Rails
Mastercard
"Mastercard announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including $300 million in contingent payments. The deal further expands Mastercard’s end-to-end support of digital assets and value movement across currencies, rails and regions."
Paytm’s New In-App Calculator Makes Splitting Bills Super Easy
NewsBytes
"Paytm just rolled out an in-app calculator on its payment screen, making it super easy to split bills at grocery stores, pharmacies, or markets:No need to switch between apps. You can quickly add up amounts, see the total in both numbers and words, and confirm everything before entering your UPI PIN."
Thunes Brings Stablecoin Payouts to 11,500 Banks via Swift Connectivity, Bridging Traditional Finance and Digital Assets
Thunes
"Thunes unveiled a major breakthrough in cross-border payments by offering its Pay-to-Stablecoin-Wallets solution to banks globally through their existing Swift connectivity. This innovation enables the 11,500 institutions on the Swift network to send real-time payments to more than 500 million stablecoin wallets worldwide, with zero additional integration. Thunes acts as a bridge between the fiat and the digital assets ecosystem."
Capital One Redefines Its Role With Discover And Brex Platform Shift
Yahoo Finance
"For Capital One, the combination of Discover and Brex turns what used to be a credit card centric lender into a much broader payments and software platform. Discover brings a proprietary card network and a larger consumer footprint, while Brex adds corporate liability cards, expense management tools, and integrated business payment solutions. Taken together, that pushes Capital One closer to the model you see at players like American Express, JPMorgan Chase, and to some extent fintechs that combine cards with workflow software."
Garanti BBVA Unveils a Personalized Smart Wallet Packed With Rewards
BBVA
"Garanti BBVA has completely overhauled BonusFlaş. Android users can quickly switch between registered cards before paying. GarantiPay and 3D Secure online payments, credit card and bill payments, motor vehicle tax payments and card-to-card international transfers can all be carried out without a physical card. For customers with multiple cards, total limit, remaining limit and total balance are visible on a single screen."
Wells Fargo’s Trademark Filing Suggests Wider Crypto Plans
Banking Exchange
"Wells Fargo could be exploring a deeper push into digital assets after filing a sweeping trademark application that hints at ambitions across cryptocurrency trading, payments, and blockchain software. The bank also describes a suite of blockchain-related software tools, including downloadable applications for staking digital assets, accessing non-fungible tokens (NFTs), managing cryptocurrency wallets, and executing digital asset transactions."
March 16, 2026
Top Post
Visa and Fiserv Expand Partnership to Strengthen Payment Acceptance Across Europe
Visa
"Visa and Fiserv today announced an expansion of their long-standing partnership to deliver the Visa Acceptance Platform within Fiserv’s merchant acquiring and processing solutions across Europe. The collaboration introduces a unified, API driven acceptance layer designed to simplify integration for acquirers while helping merchants improve authorisation rates, reduce fraud and deliver seamless customer experiences. The expanded partnership builds on years of joint innovation across payments, acceptance and AI enabled services."
On the web
Sorting Through the Issues Surrounding Stablecoin
Atlanta Federal Reserve
"One way to demystify stablecoin is to think of this digital currency as the latest innovation in money, another step in the evolution to improve payments efficiency that began in Eurasia as early as 750 BCE. Considered from this perspective, it's no surprise that discussions around stablecoin have reached the level it has now that the federal government has authorized its use in the United States, though it's important to note that stablecoins are not backed or insured by the US government. Instead, under the new law, payment stablecoins must be backed one-to-one by high-quality, segregated reserves, primarily US dollars, Treasury bills, or cash equivalents."
Mastercard Move Expands China Connectivity With New Bank of Shanghai Collaboration
Disruption Banking
"Mastercard announced a collaboration between Mastercard Move, its money movement platform, and Bank of Shanghai (BoS) to enable seamless, bi-directional payment flows between China and global markets. As international trade, migration and education continue to grow, people and businesses increasingly rely on fast, predictable and transparent global payments. The integration of BoS into Mastercard Move streamlines these cross-border flows, giving SMEs, students and families a more efficient way to move money into and out of China, strengthening a vital financial bridge between China and the world."
Capital One Settles 360 Savings Suit Reshaping Costs And Customer Narrative
Yahoo Finance
"Capital One Financial has finalized a class action settlement involving holders of its 360 Savings accounts. The agreement establishes a US$425 million settlement fund for eligible customers dating back to 2019. Capital One will equalize interest rates on legacy 360 Savings accounts and its 360 Performance Savings product going forward."
March 13, 2026
On the web
Buy Now Pay Later Usage Surges as New Products Proliferate, JD Power Finds
JD Power
"Buy Now Pay Later (BNPL) adoption continues to grow rapidly, with 37% of consumers in the United States making a purchase using this method in the past 90 days, a 5-percentage-point increase in just one year. According to the JD Power 2026 U.S. Buy Now Pay Later Satisfaction Study released, as BNPL use matures and providers continue to launch new products, customers are increasingly using it to manage their day-to-day spending."
Swift: Transforming Consumer Payments: Banks Roll Out New Framework for Retail Transactions
Swift
"Last year, we announced plans to transform the cross-border payment experience with the launch of a new scheme, designed to ensure consistently fast, predictable and transparent payments worldwide. Thanks to progress in 2026, consumers and small businesses receiving payments across a range of countries, including five of the world’s ten largest remittance markets, will be among the first to benefit from a pioneering new framework for cross-border retail transactions."
Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market
Worldline
"Worldline will continue to enhance ABN AMRO’s customer payment solutions. This collaboration underscores the value both parties place in their long-term commitment to innovation and operational excellence. Under the renewed contract, Worldline will continue to drive critical payment services for ABN AMRO, overseeing card issuing and personalization activities, and a comprehensive suite of payment solutions. This encompasses SEPA Credit Transfers, Instant Payments, and support services ensuring seamless operations across the payment value chain."
Experian and OpenAI Launch the UK’s First Credit Score App in ChatGPT
Experian
"Experian announced the launch of the UK’s first ever credit score app within ChatGPT apps – introducing a new postcode based credit score comparison tool that brings Experian’s trusted data directly into one of the world’s most widely used AI platforms. The tool uses aggregated and anonymised Experian Credit Score data, the UK’s most trusted score, to show how typical scores compare across postcode areas and age groups. In a few seconds, consumers can see local and demographic score averages, providing helpful context as part of everyday financial education."
Education: Demystifying Stablecoins: The Use Cases, the Pegging Mechanism, and the Implications on Financial Market
JPMorgan
"Stablecoins are primarily used as the “cash” or “base asset” for on-chain trading. with emerging use cases in cross-border payments, treasury management, and tokenization - offering faster, lower-cost, and more flexible alternatives to traditional financial services. Stablecoins offer a unique blend of crypto asset benefits and stability through their pegging mechanisms. Whether backed by fiat, crypto, or controlled by algorithms, these pegs face challenges. Technological and regulatory advancements are expected to address many of these challenges, though potential conflicts of interest as well as profitability challenges from duration risks, remain critical considerations."
TD Bank Advances Embedded Banking for Us Businesses With Workday Integration
Open Banking Expo
"TD Bank U.S. has expanded its embedded banking offering to include functionality in Workday for US business clients. In collaboration with FISPAN, TD is among the first US banks to deliver bank feeds directly in Workday, enabling clients to access near real-time banking features without requiring expensive treasury management systems. This empowers organisations to streamline financial operations, save valuable time, and maintain near real-time visibility, all within a platform they already use."
March 12, 2026
On the web
Revolut Launches UK Bank
Revolut
"Following a successful mobilisation period, the PRA has lifted restrictions on Revolut’s banking licence, and given approval to launch its UK bank, Revolut Bank UK Ltd. Revolut Bank UK Ltd is set to roll out new banking services for its 13 million UK customers, with deposit accounts protected by the Financial Services Compensation Scheme (FSCS). Current accounts to roll out gradually for new customers in the coming weeks; nothing currently changes for existing customers to ensure smooth transition."
Zelle® and Bank of America Partner to Accelerate Delivery of Charitable Donations to Nonprofits
Bank of America
"Zelle® and Bank of America announce a first-of-its-kind application of Zelle to enable charitable disbursements from Donor Advised Funds (DAFs). The new capability allows nonprofits to receive charitable grant funding in near real time, replacing the traditional multi-week, paper-based process with fast and reliable digital payments using the Zelle network. This new capability is part of Zelle® Forward, the network’s innovation agenda."
Finzly Unveils Token Galaxy: Unifying Money Movement for Traditional and Tokenized Banking
Finzly, Inc.
"Finzly announced the launch of Token Galaxy, a new suite within its BankOS platform designed to help banks operate seamlessly across traditional and tokenized forms of money, with the freedom to connect to multiple blockchains, issuers, and consortia as they choose. Finzly is bringing stablecoins and tokenized deposits alongside traditional assets into the same operational environment on its platform BankOS – its modern operating system that serves as the innovation core for several leading banks."
Mastercard Move Expands China Connectivity With New Bank of Shanghai Collaboration
Mastercard
"Mastercard announced a collaboration between Mastercard Move, its money movement platform, and Bank of Shanghai (BoS) to enable seamless, bi-directional payment flows between China and global markets. As international trade, migration and education continue to grow, people and businesses increasingly rely on fast, predictable and transparent global payments. The integration of BoS into Mastercard Move streamlines these cross-border flows, giving SMEs, students and families a more efficient way to move money into and out of China, strengthening a vital financial bridge between China and the world."
Supercharged: AI and the New Age of Disruption
Citigroup
"Technology has always had the power to reshape societies. But the current wave of disruption – driven by advances in artificial intelligence – is unfolding at dizzying pace and on an unprecedented scale.Unlike previous technological revolutions, which generally took decades, AI is firing change across industries, institutions and societies in real time.It’s a challenge just to keep up. This Citi Institute report focuses on a few areas of disruptive technology, taking in innovations themselves, but also the shifts they will drive."
March 11, 2026
On the web
Amazon Opens up New AI-Enabled Buy for Me, Shop Direct Options for Merchants
Digital Commerce 360
"As Amazon’s agentic commerce strategy continues to evolve, the online retail giant is building out its Buy for Me and Shop Direct tools as well, now with new options for third-party feeds that connect merchants with those buyer experiences. The Buy for Me option introduced a means for Amazon to help a shopper initiate associated purchases faster, using artificial intelligence (AI)."
Amazon Wins Court Order to Block Perplexity’s AI Shopping Agent
CNBC
"Amazon won a temporary injunction against Perplexity to block its Comet AI browser from scraping its website. The company sued Perplexity in November, accusing the startup of concealing its AI shopping agents. A federal judge ruled that Amazon provided “strong evidence” that Perplexity’s Comet browser accessed its website without its authorization."
Wells Fargo Files ‘WFUSD’ Trademark Covering Crypto Trading, Payments and Tokenization Services
The Block
"Wells Fargo has filed a U.S. trademark application for “WFUSD” covering digital asset software, crypto exchange services, software for processing stablecoin and other digital asset transactions, and tokenization platforms. The application follows the bank’s prior investments in crypto infrastructure and a recent report from its investment institute classifying digital assets as an “investable” portfolio option."
Cross-Border Payment Technologies: Innovations and Challenges
BIS
"Cross-border payments (XBP), particularly remittances and retail transactions, remain more costly, slower, less accessible, and less transparent than domestic payments. The continued inefficient XBP arrangements, in contrast to progress made in domestic payments using new technologies and innovative models, reflect that private actors alone cannot overcome the many market failures that hinder XBP."
Early Warning Submits Comments on the Future of Fed’s Check Service
Early Warning
"Early Warning Services, LLC, submitted a comment letter responding to the Federal Reserve Board’s Request for Information on the future of its check services, urging a measured transition that preserves nationwide stability while also supporting a shift to digital payment alternatives. In its letter, Early Warning emphasized that the Federal Reserve plays a unique role in providing nationwide reach, predictable settlement, and system-wide coordination. Any modernization effort should avoid abrupt changes that could shift costs, increase disputes, or disproportionately impact community banks, credit unions, small businesses, and underserved populations."
On the wires
BofA AI and Digital Innovations Fuel 30 Billion Client Interactions
PR Newswire
"AI-driven solutions, global payments, and personalized financial planning tools have propelled Bank of America clients' digital engagement to record levels. Clients connected with their finances approximately 30 billion times last year through a combination of digital logins and proactive alerts, marking a 14% year-over-year increase. More consumers and businesses moving money digitally: Zelle adoption reached 25 million active users. Zelle users sent and received a record 1.8 billion transactions worth a record $556 billion in 2025, growing 16% and 18% year-over-year respectively. "
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