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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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November 13, 2026
Top Post
Introducing ChatGPT Wallet
OpenAI
"Introducing ChatGPT Wallet, setting a bar for secure payments by agents. It’s the first wallet that lets agents pay without access to users’ card details and requires a security check for every purchase, while preserving existing card rewards and protections for eligible disputes. Built in partnership with American Express, Mastercard, and Visa, ChatGPT Wallet will initially be available through dots for ChatGPT Pro subscribers in the US. Alongside ChatGPT Wallet, we’re releasing tools and guidance to help businesses support customers using agents."
Fiserv Starts Moving Clients Onto One U.S. Debit Network
MarketMaze
"U.S. payments company Fiserv has started moving clients onto one of its two debit networks, STAR and Accel. A debit network carries a shop’s payment request to the bank that issued the customer’s card and brings back the bank’s decision. Fiserv plans to sell the other network if it gets an acceptable offer and wind it down otherwise, CEO Takis Georgakopoulos told a fintech conference. He left the name of the surviving network open."
On the web
Hyundai Card Brings AI Platform to Korean Card Partners
TNGlobal
"South Korea’s Hyundai Card has introduced an expanded private-label credit card model that gives participating partner companies access to its internally developed artificial intelligence and data-science tools. The company calls the model PLCC 2.0. Its central technology component, UNIVERSE for Partners, packages recommendation, prediction and optimization models for partner businesses that do not want to construct a comparable data platform themselves."
Meet Cardless AI, the Future of AI-Native Financial Infrastructure
Cardless
"Cardless launched three new capabilities to ensure that customers can offer the most advanced credit cards on the market: conversational servicing, agent-controlled spending, and Parallax, our new AI model. Cardless customers can now offer their cardholders the ability to talk to their credit card instead of simply using it. They can ask questions and give instructions in plain language. We call this conversational servicing."
Money 20/20 Wrapped: Agentic Commerce and Tokenization Define the Week
J.P. Morgan Payments
"At Money20/20 USA 2026 in Las Vegas, J.P. Morgan Payments took center stage to discuss the technologies shaping the future of payments, including AI and tokenization. Accountability, liability and security were central themes on stage and off-site. Our leaders weighed the governance, identity verification and liability frameworks agentic commerce will need to scale, and the regulatory and ecosystem frameworks that will drive the convergence of traditional and decentralized finance."
The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand: Project Meridian FX APAC
Bank of England
"The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand published the findings from their collaboration on foreign exchange (FX) settlement under Project Meridian FX APAC. The project showed that synchronisation – a service that coordinates movements of central bank money – could be one approach to supporting interoperability across wholesale settlement environments built on different technologies and operating models."
Education: Cleveland Fed: Why Cleveland? The Story Behind the Fed’s Regional Structure—and Why It Matters Today
Cleveland Fed
"Why did the Fed originally decide to create 12 Reserve Banks distributed across the country? And why does that structure matter today? First, you’ll get the history: You’ll learn how culture, geography, economics, and politics influenced the structure of the Federal Reserve. You’ll also hear the story behind the decision to put a Reserve Bank in Cleveland."
November 12, 2026
On the web
Instagram Debuts Agentic Shopping Experience for Direct Messages
Chain Store Age
"Instagram is allowing brands on its platform to offer customers in-app chat engagement, virtual try-ons and one-click checkout. The brand then shows its products in a carousel inside chat. The customer picks a product, completes a face or body scan, or upload a photo of their room. They can then check out in the chat and receive their shipping track-and-trace details via direct message."
AsiaPay Expands into Japan and Canada, Bringing Advanced, Integrated Payment Solutions and Services to Local Merchants
The Manila Times
"AsiaPay, a leading digital payment technology and service provider in Asia, announced the expansion of its operations into Japan and Canada, its 13th and 14th markets. The expansion marks another milestone in AsiaPay's international growth and reinforces its commitment to bringing advanced payment technology and comprehensive Asian payment services to merchants worldwide."
Visa Adds Western Union’s USDPT Stablecoin to Settlement Network Through Anchorage Digital
CryptoProwl
"Federally chartered crypto bank Anchorage Digital said Thursday that Visa and eligible partners can now settle obligations on VisaNet using Western Union’s USDPT stablecoin, which Anchorage issues. It is the first Anchorage-issued token to get that status, and the companies are building a framework to consider more. The deal gives Visa another stablecoin option as it widens its settlement network."
Mastercard Opens Its Largest Innovation Centre of Excellence in Asia Pacific to Drive the Intelligence Economy
Mastercard
"Mastercard opened its largest Innovation Centre of Excellence (ICoE) in Asia Pacific, creating a new regional hub where financial institutions, merchants, governments and technology partners can work alongside Mastercard specialists to shape the future of commerce in the intelligence economy. The 7,200+ sq ft facility brings together expertise in AI, cybersecurity, customer experience and rapid prototyping, turning promising ideas into real-world solutions faster."
The Gig Economy and Digital Payments
Bank for International Settlements
"The growth of the “gig” economy could have far-reaching implications for payment systems. Gig work involves digital platforms that intermediate between workers and (retail or business) customers, in areas as diverse as ride-hailing and food delivery, freelance design and professional services, and customer service. While some activities are paid in cash, most involve digital payments, both domestically and across borders."
Tokenized Deposits and the End of the Closed Loop: Standard Chartered & Fireblocks
Fireblocks
"Standard Chartered launched tokenized deposits in Hong Kong last week, the first market in the Group, and its corporate clients can now move commercial bank money between participating banks 24/7, settled in central bank money. Standard Chartered’s tokenized deposits run on a single permissioned rail across the bank’s own network, but that rail was built to connect from day one. It’s already interbank."
How Interac Is Guarding Against Fraud on Canada’s Real-Time Rail and Beyond
Interac Corp.
"Interac has created a central scoring process that enables our system to rate every transaction for risk in real time. When the fraud services are used on the RTR, fraud checks on each transaction can be conducted within seconds. Our system assigns every transaction a risk score, risk rating, reason codes and separate scores for account takeover risk and scam risk. This data gets sent to the FIs involved. Central fraud scoring is one pillar in a four-pillar anti-fraud capability..."
November 11, 2026
On the web
Square Switches on Bitcoin Payments by Default for Eligible US Merchants
TradingView
"Square has turned on Bitcoin payments by default for eligible US businesses. Sellers did not have to raise a hand, fill out a form, or sit through a webinar. The feature costs merchants 0% in processing fees through December 31. After that, a flat 1% fee kicks in. Square, the payments platform owned by Block, Inc., began auto-enabling Bitcoin acceptance on March 30, 2026. The full rollout across eligible sellers is scheduled to be complete by November 10, 2026."
Global Payments Expands Adaptive Authentication Platform
Global Payments Inc.
"Global Payments Inc. announced the expansion of its Adaptive Authentication platform with the addition of Visa Intelligent Data Exchange (IDX) API, helping clients in the U.S. and Canada improve authorization rates, reduce unnecessary customer challenges and optimize payment performance."
Mastercard on Why AI-Powered Commerce Needs a New Layer of Trust
Fast Company Middle East
"Mastercard’s Mark Elliott says agentic commerce will only scale if people can delegate a purchase without giving up control. As part of these efforts, the company is developing a framework it calls Verifiable Intent. The idea is to create a tamper-resistant record of what a customer authorized, what the agent was permitted to do, and how the transaction was completed."
Bottomline Brings USDC Stablecoin Payments into Enterprise Payment Workflows
Bottomline
"Bottomline announced that it has completed cross-border stablecoin payments through its Global Payments Hub and Cash Management platform using USDC, issued through regulated entities of Circle Internet Group, Inc. The milestone marks Bottomline's first live stablecoin transactions through its Global Payments Hub and Cash Management platform, completed as an intra-company transfer."
Revolut Pay Arrives on Uber with RevPoints Perks and Uber One Access
TNW
"Revolut Pay is now available as a payment option on Uber, bringing the fintech’s checkout service into one of the world’s most widely used consumer apps. The integration also links rides and deliveries paid through Revolut Pay to the company’s rewards scheme. The main incentive is RevPoints, as customers in the UK and European Economic Area will earn boosted points on every Uber ride and delivery paid for through Revolut Pay, with millions of users eligible."
On the wires
Rain Agent Vaults Bring Embedded Payments to AI Agents
PR Newswire
"Rain, introduced Rain Agent Vaults, embedded payment infrastructure that lets an AI agent spend, receive, and send money from a balance its owner funds, within rules the owner sets. A vault is funded by bank transfer, card, or stablecoins, and the agent can only pay or send what is in it. Rain issues a scoped card for each purchase, accepted at 175 million merchant locations in 200 countries and territories, and agents can send funds to local bank accounts in more than 80 countries."
InComm Payments and SKUx Deepen Partnership to Bring Verified Commerce to Item-Level Offers
PR Newswire
"InComm Payments and SKUx announced an expansion of their strategic partnership to bring verified, item-level offers to brands, retailers and distribution partners. The collaboration pairs InComm Payments' retail network and payments infrastructure with SKUx's Verified Commerce platform, enabling partners to deliver digital offers that apply to eligible products and confirm which items were purchased when those offers are redeemed."
November 10, 2026
Top Post
Venmo Launches Receipt Scanning Feature to Split Bills by Item
PayPal Newsroom
"Nobody has ever finished a group dinner excited to do the math. With Venmo’s new receipt scanning feature, nobody has to. In the same app people already use to split the bill with friends, they can now scan a receipt, and Venmo helps itemize it. They can assign each item to whoever ordered it, Venmo adds each person's share of tax and tip, and sends the payment requests. It works for everyone in the group regardless of mobile device, with no app switching involved."
Sage Partners with Adyen and Mastercard to Deliver Business Accounts with Debit Cards for Small Businesses
Adyen
"Sage is developing financial services that bring business account, debit card, payment and reconciliation capabilities into the software small businesses use to manage their finances. Adyen will provide Banking-as-a-Service infrastructure and onboarding for Sage's first implementation in France. Mastercard will serve as Sage’s card network partner, supporting the debit card capabilities within the service."
On the web
Arizona Says Amazon Made Prime Members Click 6 Times to Cancel. Now It Will Refund $3M While Denying Wrongdoing
"If you live in Arizona and you tried unsuccessfully to cancel an Amazon Prime membership, you could be entitled to a payout. Arizona’s attorney general filed a suit against the online giant in 2024 alleging “unfair and deceptive business practices” related to its cancellation process for Prime. Now, Amazon and the AG have reached a settlement, with Amazon agreeing to pay $3 million. Amazon “denies that it ever engaged in activity that violates any Arizona law,” in the settlement, the Daily Star report says."
Direct Deposit Gains as Paper Paychecks Tumble, PayrollOrg Survey Finds
Nacha
"As Direct Deposit continues to be the way most Americans receive their pay, the already low number of workers getting paper paychecks fell by nearly half this year, according to new research from PayrollOrg. Their 2026 Getting Paid in America Survey, conducted during September’s National Payroll Week and released in late October, showed that 95.8% of those asked said they use Direct Deposit, up from 92.7% last year."
Mojaloop Foundation’s Open-Source Technology Powers Launch of NimbaPay, Guinea’s National Instant Payment System
Mojaloop
"The Mojaloop Foundation, a nonprofit advancing financial inclusion through open-source interoperable, instant payment systems, today announced that its technology has been implemented in Guinea to power NimbaPay, the country’s national Inclusive Instant Payment System (IIPS). NimbaPay is built on Mojaloop’s open-source payment infrastructure and enables secure, interoperable instant payments between Guinea’s participating banks, e-money providers, and microfinance institutions."
Stripe and HSBC Power Tap to Pay for UK Small Businesses
Stripe
"Stripe is powering a new Tap to Pay offering from HSBC UK, bringing payments infrastructure trusted by some of the world’s largest companies to small businesses through their bank. Eligible HSBC UK small business customers can accept supported contactless payments directly on a compatible smartphone, without an additional card reader. Businesses can get set up in their HSBC Business Banking app."
November 9, 2026
On the web
Updation Integrates with U.S. Bank to Help Dealerships Modernize Payments and Financial Operations
U.S. Bank
"Updation is integrating U.S. Bank Embedded Payment Solutions into its AI-powered dealership operations platform, creating a more connected experience for managing invoices, vendors and payments. The collaboration helps dealerships reduce manual processes, improve financial visibility and streamline the movement of money. Through a bank-managed infrastructure, dealerships can access modern payment capabilities, including real-time payments, while benefiting from stronger controls and greater transparency."
Nexi Divests RatePay and Plans Strategic BNPL Partnership with Affirm
Nexi Group
"Nexi, the European digital payments infrastructure, announces that Affirm, the payment network that empowers consumers and enables businesses to drive growth, will become the new owner of Ratepay, the German-based fintech and payment provider serving merchants in Germany, Austria and Switzerland. As part of the transaction, Nexi and Affirm signed a memorandum of understanding to expand the current partnership in the DACH region and jointly explore new opportunities."
The Federal Reserve: From Awareness to Action: Introducing Our New Fraud Mitigation Resource Center
Federal Reserve
"Federal Reserve Financial Services (FRFS) is excited to announce the launch of our new Fraud Mitigation Resource Center, your one-stop destination for FRFS fraud mitigation tools, insights, education and resources. Created by industry experts, this center is designed to complement the industry’s existing fraud mitigation efforts and help inform approaches to identifying and managing evolving fraud risks."
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