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June 27, 2025

On the wires

June 26, 2025

On the web

Crypto Exchange Kraken Debuts Peer-to-Peer Payments App Krak

Reuters

"Crypto exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more than a hundred countries. The move is a bid to expand Kraken's offerings beyond its digital asset trading business, and puts the firm in competition with PayPal, Venmo and Block's CashApp."

On the wires

Wirex Launches Institutional-Grade Stablecoin Payments on Fireblocks

PR Newswire

"Wirex is proud to announce that Wirex Pay Chain is now officially supported on Fireblocks, a digital asset and payments infrastructure platform. This integration enables Fireblocks' institutional clients to easily access Wirex Pay's self-custodial stablecoin payment infrastructure, offering a secure and scalable gateway to stablecoin innovation."

Balance and Alibaba.com Partner to Bring Flexible B2B Payments to SMEs Across the United States

Business Wire

"Balance, the AI-powered financial infrastructure platform for B2B commerce, announced today the launch of “Pay Later for Business” on Alibaba.com, an embedded financing solution designed to give U.S. small and medium-sized enterprises greater purchasing power and more control over how and when they pay. With this solution, Alibaba.com’s U.S. business users have the option to access instant credit at checkout, enabling eligible ones to finance purchases."

Big Ten and Big 12 Enter Historic Partnerships With PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model

PayPal Newsroom

"PayPal today announced multi-year agreements with the Big Ten and Big 12 Conferences that will modernize the distribution of institutional payments from universities to student-athletes in a new revenue-sharing model. The new institutional payments initiative enables athletic departments to seamlessly dispense payments through PayPal, ensuring a secure, efficient, and transparent way to distribute funds to payees."

June 25, 2025

On the wires

June 24, 2025

On the web

On the wires

June 20, 2025

On the web

Samsung Rolls Out NFC P2P Payments in the US

NFCW

"Samsung Galaxy owners in the US can now transfer funds directly to a contact’s bank account by just tapping their two phones together — or by simply bringing the recipient’s contactless bank card into close proximity. “Samsung Wallet’s new feature, Tap to Transfer, enables you to send money to your friend’s or family member’s bank account associated with their debit card — even if they use Apple Wallet or Google Wallet. Just tap phones and they’ll be sent the funds within minutes.”

dLocal Secures Key Payment Licenses in UAE, Turkey, and Philippines, Accelerating Global Expansion and Regulatory Leadership

dLocal

"dLocal, the cross-border payment platform specializing in emerging markets, announced the obtaining of three pivotal licenses and authorizations. These strategic approvals from regulatory bodies in the United Arab Emirates, Turkey, and the Philippines ignite a new chapter in dLocal's global expansion, reaffirming our steadfast commitment to navigating and upholding the highest standards of regulatory compliance in diverse markets worldwide."

Ant International Empowers Partners to Serve Over 15 Million Customers Globally with Intelligent Credit Tech Solutions

Ant International

"Through its credit tech solutions, Ant International has enabled financial institutions and fintech companies to extend credit access to over 15 million customers, including micro, small, and medium-sized enterprises (MSMEs) in emerging markets. The Ant Credit Engine, one of the core innovative offerings developed by Ant International, is an intelligent and automated credit engine."

June 19, 2025

On the web

Visa Expands Stablecoin Initiatives in CEMEA

Visa

"Visa announced significant advancements in its stablecoin initiatives, with expanded settlement capabilities in the Central and Eastern Europe, Middle East, and Africa (CEMEA) region and a strategic partnership with Yellow Card, a leading pan-African fintech."

Tipalti Acquires AI-Native Treasury Automation Provider, Statement

Tipalti

"Tipalti announced the acquisition of Statement, an AI-native treasury automation solution. With this addition, Tipalti deepens its treasury offerings with real-time cash intelligence capabilities. Tipalti accelerates its market leadership by providing a suite of automation solutions in one platform across accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and treasury."

BNPL Tracker: 41% of Users Late in Past Year, More Using Loans for Groceries

LendingTree

"More than 4 in 10 (41%) users of buy now, pay later (BNPL) loans say they paid late on one of them in the past year, up from 34% just a year ago, according to a LendingTree survey. Along with increased late payments, we found a significant number of borrowers who take on these loans use them to buy groceries or takeout and believe that successfully managing one will boost their credit score."

On the wires

Coinbase Launches Stablecoin Payments Service for E-Commerce

Bloomberg

"Coinbase Global Inc. is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big leap forward in the mainstream adoption of cryptocurrencies meant to track the US dollar. The announcement follows the passage of landmark stablecoin legislation in the US Senate on Tuesday and comes as large retailers have expressed interest in exploring stablecoins for use as payments in online transactions, a roughly $6 trillion industry."

Fintech Klarna to Launch $40 per Month Mobile Plan in US

Reuters

"Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the U.S., joining other finance companies moving into the telecoms business, including British rival Revolut. A number of fintechs, including Germany's N26 and Brazil's Nubank, have started offering mobile services in various countries as they seek to diversify their revenues."

Alipay+ Launches World’s First Smart Glasses-Embedded Payment Solution

Business Wire

"Alipay+ enables the world’s first successful e-wallet payment transaction on Meizu StarV Snap smart glasses via AlipayHK. The new feature expands use case scenarios for the AR glasses industry leader and creates new growth avenues for e-wallets and merchants. This adds to Alipay+’s payment innovation power suite, including Model Context Protocol (MCP)-powered AI payments and NFC-based integration of QR and card payments, among others."

June 18, 2025

Top Post

Zelle Owner Taps Fiserv to Jump-Start Mobile Wallet

American Banker

"Early Warnings Services wants a quick route to expand its Apple Pay rival Paze digital wallet by turning to the financial technology industry's massive distribution networks. Early Warning, which operates the popular Zelle transfer app and the newer Paze digital wallet, said that it is partnering with bank technology company Fiserv to expand Paze wallet beyond the immediate distribution channels provided by its seven owner banks. [Subscription Required]"

On the web

A Hong Kong First: Airwallex Yield Fully Launches to Empower Businesses with Competitive, Highly Liquid Returns

Airwallex

"Airwallex, a leading global financial platform for modern businesses, announced the highly anticipated full launch of Airwallex Yield in Hong Kong. As the first global payments group to receive a licence from the Securities and Futures Commission of Hong Kong (SFC) to provide asset management services, Airwallex is empowering businesses to earn competitive returns up to 3.97%1 on their multi-currency balances – with no minimum lock-up period required."

Gr4vy to Enhance Payment Flexibility for Grammarly

GR4VY

"Gr4vy , the cloud-based payment orchestration platform, announced that Grammarly has chosen the company’s no-code cloud system to create bespoke checkout experiences for its millions of users. Grammarly needed a solution that would allow it to optimize its payment performance by integrating multiple payment service providers (PSPs) without the complexity of direct integrations—an effort that would otherwise require extensive development resources and ongoing maintenance."

On the wires

Cardless Unveils Embedded Credit Card Platform, with Coinbase as First Partner

Business Wire

"Cardless announced the launch of its embedded credit card platform, a breakthrough solution designed to help brands build their own credit card programs. Coinbase, the largest U.S.-based cryptocurrency platform, is the inaugural partner utilizing this infrastructure to build the Coinbase One Card, a premium consumer credit offering for Coinbase loyalty members integrated directly into the Coinbase digital experience."

June 17, 2025

Top Post

One Month to Go! Have You Finalized Your ISO® 20022 Preparedness and Contingency Plans?

FRB Services

"In less than one month, Federal Reserve Financial Services (FRFS) will transition to the ISO 20022 format for the Fedwire® Funds Service on July 14, 2025. As part of your overall readiness preparations for the upcoming migration, we highly recommend that you finalize your preparedness and contingency plans as soon as possible. It is critical that you have a contingency plan in the event that you are not ready to send or receive ISO 20022 messages through the Fedwire Funds Service or your wire ecosystem is not ready for ISO 20022 messages beginning July 14."

On the web

PPRO Adds Pix Automático to Its Local Payments Platform to Serve the Booming Brazilian Subscription Market

PPRO

"PPRO announced the launch of Pix Automático on the PPRO platform, on day one of the Central Bank of Brazil’s live rollout. Pix Automático, developed by the Central Bank of Brazil, allows consumers to authorise recurring payments such as subscriptions, utilities, and memberships with a single upfront consent. This eliminates the need for manual approvals with each transaction, reducing friction and improving retention in the payment journey."

June 16, 2025

On the web

The Rise of Embedded and Invisible Payments

Atlanta Fed

"...Invisible payments —often requiring no active authorization step at all. Transactions are triggered automatically using sensors, account credentials, or behavior data. At Amazon Go stores, cameras and radio frequency identification technology track what you take, and your account is charged as you walk out—no checkout, no tapping, no scanning. Sam's Club has introduced a "scan and go" system that allows shoppers to scan items with their phones and skip the checkout line. Over the past three years, use of this feature has grown by 50 percent , with one in four customers now using it."

On the wires

Amidst Economic Uncertainty, Consumers Lean into Gift Cards, Digital Gifting, and AI-Driven Purchases

Business Wire

"Despite ongoing economic uncertainty, American consumers plan to buy more gift cards this year, strategically using them to manage budgets, find deals, and control spending, according to new research from leading branded payments provider Blackhawk Network (BHN). The research provides actionable insights specifically for retailers, restaurants, and brands. It highlights significant growth in digital gifting, increasing adoption of AI-driven shopping, self-use trends—with nearly one-third of consumers purchasing gift cards for their own use—and the rising influence of Generation Alpha."

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