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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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September 11, 2026
Top Post
PayPal Keeping Options Open Amid Buyout Rumors, CEO Says [Video]
Yahoo Finance
"New PayPal CEO Enrique Lores doesn't sound like a guy running toward the exit after inking a huge deal to sell the company he just started leading. He sounds like a veteran top executive who's head-down trying to reinvent a fintech icon. "First of all, we have said that we are totally open and objective to evaluating the plan that we have versus external offers," Lores told Yahoo Finance. "We will always choose whatever provides more value. We have three growing businesses, three businesses where we can increase the value and the profit that we generate."
UPI-Zelle Bridge: India’s Digital Payment System May Soon Launch in the US for Easier Money Transfers
India Today
"India's cashless payments system, Unified Payments Interface (UPI), is likely to be available to people in the US by the end of this year, making transactions by NRIs and professionals working there much easier. The Bank of America (BofA) is working on a pilot project to link Zelle of the US to India's UPI."
U.S. Faster Payments Council Report Offers In-Depth Comparison of Established and Emerging Payment Rails
Faster Payments Council
"The U.S. Faster Payments Council announced the publication of a new report from the FPC Digital Assets Work Group: A Comprehensive Look at the U.S. Faster Payments Landscape for Optimal Operation. The report examines the growing range of payment options available in the United States and provides a detailed comparison of the FedNow® Service, RTP® Network, Visa® Direct, Mastercard Send™, Same Day ACH, stablecoins, and tokenized deposits."
On the web
Cash App Is Testing Peer-to-Peer Business Payments For Very Small Merchants
Digital Transactions
"Cash App, a part of Block Inc., says a test of Cash App-funded payments to a sole proprietor with a Cash App account is under way now. It gives sole proprietors a way to earn and track their income with their personal Cash App accounts. It does not require a separate business account and has no fees. Eligible merchants can enroll from their personal accounts. Then they can tag payers as customers and track all of their earnings within a dedicated Earnings tab. Cash App charges no fees for this."
The Robot Dog Does the Errand for You: Alipay’s First AI Pay·Embodied Intelligence
AIBase
"Alipay announced a collaboration with Gaode Momentum, marking the first time AI payment capabilities have been applied to embodied machines. The product is called "AI Pay · Embodied Intelligence," and netizens have humorously referred to it as "Dog Leg Pay." The Gaode Momentum robotic dog "Tutu" can follow instructions to run errands and complete payments, truly fulfilling the task of "buying soy sauce" for its owner, all within the owner's authorization."
Wero for Merchants: A New European Payment Solution for E-commerce
Fnac Darty
"Wero is entering a new phase of its development with Wero for Merchants, a European payment solution designed for e-commerce. To support this launch in France and Europe, BNP Paribas organized a press conference in Paris on September 8, 2026, which Fnac Darty joined alongside Wero and other major corporations. The Group will roll out Wero for Merchants on fnac.com in early 2027, before gradually extending it to physical stores and its other European markets."
Remitly Partners with Etsy to Give Sellers More Choice in How They Get Paid Globally
Remitly Global, Inc
"Remitly Global, Inc. announced that it has partnered with Etsy to be an additional payment provider on Etsy Payments, Etsy’s payments platform, in 15 countries. The partnership marks the next step in Remitly’s expansion beyond serving millions of individual customers into powering payments for small and medium businesses worldwide. Starting this fall, new international sellers opening an Etsy shop in select countries will have the option to choose Remitly as their payout provider during onboarding."
NPCI Plans Vetting System For AI-Driven UPI Transactions As Agentic Commerce Buzz Grows [India]
NDTV
"As it gets ready to implement autonomous "agentic payments" via the Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI) intends to create a national AI registry to identify, screen, and verify AI agents, Reuters reported. The register will be a component of the NPCI's proposed Unified Agentic Protocol, which will screen AI agents that handle user payments, the news agency said, citing sources."
OpenAI Launches ChatGPT for Financial Services
FStech
"OpenAI has announced the release of its latest specialised professional solution, ChatGPT for Financial Services, which combines financial data with its most advanced GPT-6 Astra model. The tool is designed to help teams within financial services to develop research, financial models, and customised client materials. It has built-in financial data from a variety of partners, OpenAI said, including PitchBook, LSEG News, and Crunchbase."
Education: Stablecoins: What Corporates and FIs Need to Know
Standard Chartered
"Learn how stablecoins work, where they may support payments, treasury and liquidity, and what corporates and financial institutions should consider."
On the wires
Glory and Velera Announce Partnership to Offer Co-op Shared Branch Express Using TellerConcierge™
Business Wire
"GLORY, a global leader in cash automation and management solutions, announced a strategic partnership with Velera, a leading payments credit union service organization. The collaboration introduces Co-op Shared Branch Express functionality to credit unions using Glory’s TellerConcierge™ integrated kiosk as the enabling technology. The partnership will integrate Velera’s account-based network with TellerConcierge to independently perform the seven most common shared branch transactions."
Nu Takes Next Step in International Expansion with Launch in the United States and Introduction of Nu Global
Business Wire
"Nu, the largest digital bank in Latin America, announces the start of operations in the U.S. with the launch of a full suite of financial products designed for customers' everyday banking needs. In addition to the U.S. launch, Nu also introduces Nu Global, a multi-currency digital account for people with global lives, that allows fee-free, fast money movement across more than 35 countries."
September 10, 2026
Top Post
Mastercard Launches Wallet Pay to Scale Digital Wallets Worldwide
Mastercard
"Digital wallets have rapidly evolved into robust, multi-service platforms, now serving over 4.3 billion users worldwide. With global usage set to top 6 billion by 2030, Mastercard is introducing Mastercard Wallet Pay, a global portfolio of solutions designed to foster interoperability and innovation for digital wallets across contactless (NFC), QR codes and online digital payments."
Ant International, Mastercard and Visa Initiate Collaboration on Know-Your-Agent Interoperability to Scale Agentic Commerce
Ant International
"Ant International, Mastercard, and Visa have begun collaboration on a Know-Your-Agent (KYA) interoperability framework, designed to help card networks, digital wallet ecosystems, agent platforms and marketplaces streamline agent onboarding and identification across networks, based on shared principles while preserving each network's own verification and decisioning processes. The three organizations have previously rolled out their protocols — Visa’s Trusted Agent Protocol, Mastercard Verifiable Intent, and Ant International’s Agentic Mobile Protocols."
On the web
Visa's Plan for India's Payment Future [Video]
Bloomberg
"Visa is looking beyond plastic cards in India. From agentic commerce to tokenization, Haslinda Amin explains how the payments giant plans to keep up with the changing ways Indians pay."
Avolta Launches First Direct Wallet-to-Wallet Stablecoin Payments Pilot
Avolta
"Avolta launched a pilot enabling customers to pay with stablecoin at its Level 2 Duty Free store at Zurich Airport. Travelers can make purchases directly from their digital wallets through a simple QR-code payment process. The pilot introduces a payment model in which transactions are settled directly between the customer and Avolta, without relying on traditional card networks or intermediary payment providers. Funds are transferred within seconds using blockchain technology."
Feedzai Partners With Peoples Group to Anchor Fraud Defense for Canada’s Real-Time Rail
TipRanks
"Feedzai is deepening its presence in the Canadian payments market through a new strategic partnership with Peoples Group to provide AI-driven fraud monitoring for instant payments ahead of Canada’s Real-Time Rail launch in late 2026. Under the agreement, Peoples Group will embed Feedzai’s RiskOps technology into its core transaction infrastructure, making Feedzai the primary engine for real-time risk scoring across the bank’s fintech, credit union and challenger banking clients."
Lumin Digital Advances Secure Open Banking Connectivity with MX
Lumin Digital
"Lumin Digital announced an open banking integration with MX Technologies, Inc., giving financial institutions on the Lumin platform a standards-based way to connect users with third-party financial applications. The integration enables financial institutions on Lumin’s platform to allow retail and business users to safely connect their bank accounts to supported third-party financial apps without sharing their usernames and passwords."
Coinbase Brings Stablecoin Payments and Custody to Community Banks and Credit Unions, in Partnership with Moov
Moov
"Coinbase and Moov are partnering to bring stablecoin payment acceptance, settlement, and real-time funding to Moov’s growing customer base of more than 1,000 community banks and credit unions, combining Coinbase's regulated digital asset infrastructure with Moov's existing payments platform. Moov provides payments infrastructure to a growing customer base of more than 1,000 community banks and credit unions across the country, connecting them to card acquiring and issuing, and real-time payment rails."
Stripe Helps Muse, Meta’s New Personal AI Agent, Shop Across the Internet with Link
Stripe
"Stripe announced that Meta has integrated Link’s wallet for agents with Muse, its new personal AI agent. US consumers can connect their Link accounts to Muse and enable their muse agent to buy from businesses across the internet. At more than 1 million businesses that accept Link, Muse can check out instantly using a US consumer’s preferred payment method saved in Link. For other businesses, Link issues Muse a single-use virtual card scoped to the approved purchase."
Google Warns AI Agents Are Automating Credential Theft at Unprecedented Scale
Biometric Update
"Agentic AI is enabling cybercriminals to coordinate complex infrastructure systems to steal credentials. These tools can manage multiple stages of an operation and reduce the time attackers spend moving between discovery, exploitation, and collection. The Google Threat Intelligence Group says it observed a suspected financially motivated attacker using an AI coding chatbot and a multi-agent framework to plan, build and execute a mass credential harvesting campaign in less than six hours."
PayPal’s Custom Stablecoins Hit $100M in Volume on New PYUSDx Platform
The Cryptonomist
"PayPal has quietly opened the door to a new kind of digital dollar, one that businesses can shape to fit their own products rather than accept a one-size-fits-all token. On September 9, PayPal, M0 and MoonPay officially launched PYUSDx, a platform built to let companies issue PayPal custom stablecoins backed by PayPal USD, and three early adopters have already pushed more than $100 million in combined processed volume through the system."
Jack Henry & Associates Adds Embedded Debit Installment Payments For Banks
Simply Wall Street
"Jack Henry & Associates (NasdaqGS:JKHY) introduced new fintechintegrations that let banks and credit unions offer embeddeddebit card installment payments through its SilverLake and Bannoplatforms. The firm is working with Splitit so institutions can keepinstallment programs in-house and maintain control overcustomer relationships, data, and economics."
Visa: Financing The Next Hundred Stablecoin-Linked Card Programs
Visa
"Stablecoin-linked cards are one of the fastest-growing parts of our network. In our fiscal second quarter, more than 160 stablecoin-linked card programs were live around the world, payment volume on those programs grew nearly 200% year over year, and stablecoin settlement volume recently surpassed a $20 billion annualized run rate, up more than 15x year over year. Behind that growth sits a requirement that rarely makes headlines."
How Circle’s Latest Acquisition Brings the Company One Step Closer to Stablecoin Supremacy [Video]
Yahoo Finance
Circle is expanding its global payments infrastructure with its recent acquisition of Tazapay, a worldwide payments platform. Scott Melker discusses the details in the video above.
On the wires
Introducing the MoneyGram Card: Giving Customers More Freedom to Use Their Money, Wherever Life Takes Them
PR Newswire
"MoneyGram today launched the MoneyGram Card, a stablecoin-backed card designed to serve eligible customers worldwide. The card gives customers more freedom and flexibility with their money: the ability to hold a stable-dollar balance, access cash when they need it, or spend anywhere Visa is accepted, online, in stores and across borders."
September 9, 2026
On the web
New Nacha Payments Innovation Alliance Project Team Focused on Stablecoins and Tokenized Deposits
Nacha
"As digital assets become an increasingly important part of the payments universe, Nacha's Payments Innovation Alliance is unveiling its newest initiative: the Next-Gen Currency Project Team. The team, led by Nacha and the Digital Sovereignty Alliance, will explore the global use of digital assets—including stablecoins and tokenized deposits—for money movement."
U.S. Bank Takes Its USBDC Stablecoin Live With Cross-Border Payment on Stellar
Finance Feeds
"U.S. Bank has completed a live pilot transaction using USBDC, its proprietary U.S. dollar-backed stablecoin, moving a cross-border payment between its entities in North America and Europe. The transaction ran on the Stellar blockchain, and the bank says USBDC ranks among the first bank-issued stablecoins deployed on a public network, signaling that the Minneapolis lender wants to move value on-chain while keeping the payment tied to its existing finance, risk, compliance and operations infrastructure."
BVNK and Marqeta Partner to Power Stablecoin-Card Infrastructure
Marqeta
"BVNK and Marqeta, Inc. announced a partnership to deliver stablecoin-backed card capabilities to crypto-native and non-crypto companies. The integration will enable Marqeta’s customers to embed stablecoin capabilities into wallets, cards and everyday financial products. Together, the companies are unlocking stablecoin spendability to allow users to transact in digital dollars at millions of merchants globally with a standard payment card. The partnership is noteworthy as it connects Marqeta with two existing parts of Mastercard's network."
Mastercard Gives Merchants a Simpler Way to Build, Connect and Scale Ai-Powered Shopping Experiences
Mastercard
"New Mastercard Agent Connect solution and expanded Agent Suite for Merchants capabilities will help businesses create agent-powered shopping experiences, make products discoverable across AI ecosystems and support trusted agentic transactions while maintaining control. Mastercard can also help merchants prepare to support secure agentic transactions with Mastercard Agent Pay."
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