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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 2, 2026
Top Post
FedNow® Service 2027 Discount Program
The Federal Reserve
"Institutions may qualify for the FedNow Receive Discount, Send Discount or both, provided they meet the respective eligibility requirements. The discounts are available to both new and current FedNow Service participants. The FedNow Receive Discount provides a one‑time statement credit for institutions that have enabled the ability to receive instant payments and meet the additional service participation requirements outlined. See details below for eligibility criteria, discount amounts and qualification requirements."
On the web
X Shifts Us Creator Payouts from Stripe to X Money
TechCrunch
"Elon Musk’s social network X said that starting today, all of its U.S. creator payouts will be handled through X Money, the app’s payments service. The benefit of this new payment system is that the payments are instant. There’s no waiting until the end of a billing cycle or a minimum threshold that has to be reached before the creator can access their money. Previously, payments were processed every two weeks, with a minimum payout of $30, X’s documentation states."
Handwave, Visa Integration Enables Linking of Cards to Palm Biometrics for Payments
Biometric Update
"European palm biometrics startup Handwave has announced an expanded agreement with Visa. A release says the agreement integrates Visa’s tokenization and authentication technologies into Handwave’s model for safe, seamless card onboarding. Building on a prior collaboration focused on integrating Visa’s Token Management Service (TMS), the new Handwave integration will enable Visa to securely link cards to a user’s palm biometrics, replacing sensitive data with secure digital tokens."
Stripe Buys Clerky, the Legal Startup Behind 23% of Silicon Valley Seed Deals
Dealroom
"Stripe has agreed to acquire Clerky, the online legal service that startups and their attorneys use for routine paperwork. Clerky, founded more than a decade ago by Silicon Valley startup attorneys, handles company formation, financings, and other legal filings, with legal expertise built into its products. Clerky is deeply embedded in the early-stage ecosystem. Startups on the platform account for 23% of all Silicon Valley seed and pre-seed financings and have raised over $140 billion in venture capital collectively."
Bank of America: Consumers Subscribe to More Spending
Bank of America
"Consumers are increasingly embracing the subscription economy. Subscription spending rose 7.7% year-over-year (YoY) in July 2026, outpacing overall card spending growth by more than a percentage point and a half for the past two years, according to Bank of America payments data. Entertainment and retail subscriptions drove most of that increase and now account for roughly 43% of all subscription spending."
Australia: CommBank Reduces Merchant Fees to Support Businesses Manage Costs [Video]
CommBank
"CommBank is reducing its Merchant Service Fee0 from 1.1% to 0.99% per transaction for in-store payments for customers on simple flat-rate pricing from 1 October 2026, making it one of the lowest rates in market. The reduction is designed to help businesses keep the cost of accepting card payments low, supporting them as they manage day-to-day operating costs. The change coincides with the removal of card surcharging from 1 October, providing additional support for the small number of businesses impacted by this change."
Mollie and GoCardless Combine to Create Europe’s Leading Payments and Financial Services Partner
Mollie
"Mollie announced it has completed its acquisition of GoCardless. The two companies are trusted by more than 350,000 businesses across 30+ markets. At its heart is a comprehensive payment suite that unites Mollie's best-in-class card and local payment methods with GoCardless's leading Pay by Bank solution, available across 38 countries, empowering businesses to get paid, manage money and scale with confidence."
Interoperability and Trust Key to AI Commerce: Alipay+ and S&P Global Report
Business Wire
"A new report by Alipay+, the unified wallet gateway of Ant International, in partnership with S&P Global, reveals a growing "commerce digitalisation gap", with people increasingly expecting seamless mobile payments and intelligent digital assistance, yet friction – from inconsistent payment acceptance to trust in AI – still define their experience."
September 1, 2026
On the web
DBS and Stripe Partner to Accelerate the Digital and Ai-Powered Economy in Asia
DBS
"DBS and Stripe have announced a strategic partnership to accelerate the growth of agentic commerce and cross-border payments in Asia. By combining DBS' banking capabilities and pan-Asian connectivity with Stripe's global programmable financial services, both institutions aim to help businesses collect, move and manage funds more seamlessly across markets. The partnership will also explore jointly developing agentic AI capabilities for DBS customers to transact more efficiently and securely."
Block Will Open Its Cash App Score to Lenders with Nova Credit’s Cash Flow Intelligence Platform as Partner
Block
"Block, Inc. announced that it will open the Cash App Score to external lenders for the first time, with Nova Credit as a distribution partner. The partnership will make Cash App's proprietary, cash flow-based credit score available to lenders through Nova Credit's Cash Flow Intelligence Platform, embedding it directly into the underwriting workflows lenders already use, with no new consumer credentialing required."
Visa Launches Enhanced A2A Protect Innovations to Help Financial Institutions Stop Fraud Before Money Leaves Accounts
Visa
"Visa announced an enhanced version of A2A Protect, delivering real-time risk insights that help banks stop account-to-account fraud before money leaves customer accounts. The expanded solution introduces a new unified fraud score—Visa’s first in-market integration of Featurespace technology—giving financial institutions faster, clearer signals to detect more fraud while reducing unnecessary alerts."
Jack Henry Issues Statement on Response to Cybersecurity Incident
Jack Henry & Associates, Inc.
"Jack Henry recently detected a cybersecurity incident within a limited portion of our internal, non-production corporate environment. No client-facing systems, operating systems, core platforms, or daily processing services were accessed or disrupted, and they all remain secure and fully operational. We did not experience any system outages."
FIS and Ericsson Aim to Remove Integration Barriers for Organizations Launching Wallet-Led Financial Services
FIS Global
"FIS and Ericsson are collaborating to help organizations launch wallet-led financial services faster by delivering payments, issuing, wallet infrastructure and open APIs through one pre-integrated platform. The collaboration seeks to remove a major obstacle to wallet-led innovation by giving organizations a simpler way to connect the financial infrastructure needed to launch, scale and manage digital money experiences. With an FIS and Ericsson collaboration, organizations could move from wallet strategy to real-world deployment faster."
Socure Acquires Agentic Operations Platform Fravity
Socure
"Socure, a leading trust infrastructure for global identity and risk intelligence, announced a strategic growth investment that values the company at $5.2 billion, alongside the acquisition of Fravity, an agentic platform that automates fraud, risk, and compliance operations. The acquisition of Fravity adds a native first-party agent development platform and agentic operations layer to RiskOS®, Socure’s orchestration and decisioning platform that serves more than 3,000 customers."
ACI Worldwide to Add Microservices Card Switching to ACI Connetic for Cards via Acquisition of Cranium Ventures
ACI Worldwide
"ACI Worldwide announced it has entered into a definitive agreement to acquire Cranium Ventures, a privately held developer of cloud-native card payment switching technology. The technology will be added to ACI Connetic for Cards. ACI Connetic is the platform behind ACI’s intelligent payments orchestration strategy, introduced in 2025 as the industry’s first unified cloud-native platform bringing account-to-account payments, card payments and AI-powered fraud prevention onto a single architecture."
On the wires
PayToMe.co Accelerates Global Expansion of Its AI-Powered Commerce Platform
PR Newswire
"PayToMe.co, a Silicon Valley AI and financial technology company, announced the continued global expansion of its AI-powered commerce platform, connecting FinTech, commerce, logistics and travel through an integrated ecosystem. Its platform combines AI, intelligent workflow automation, embedded payments, Text-to-Pay, digital invoicing, KYC/KYB, financial management, data intelligence and enterprise APIs to reduce manual processes across transactions, payments, customer engagement and workflow execution."
August 31, 2026
On the web
J.P. Morgan: Real-Time Reframed
J.P. Morgan
"One of the beauties of cash is that it is so fast. When paying with paper money, a transaction is settled instantaneously. The advent of modern technology has managed to slow things down. Whether tapping a card or using a digital wallet, electronic payments can take days to complete. As we enter the real-time era, we look at how the space will continue to evolve—and the implications for consumers, businesses, and the wider economy."
TD Successfully Completes Testing of Tokenized Payments Through Project Agorá
TD
TD has successfully moved real USD funds between two domestic U.S. entities for the first time using the Project Agorá platform. The test case involved executing a tokenized payment between TD New York Branch (TD Securities LLC) and TD Bank, N.A., in partnership with Bank of New York (BNY). The transaction was done as part of Project Agorá's real-value testing with participating central banks and financial institutions testing payments across selected currencies and scenarios.
Pushing the Monetary Frontier: Stablecoins and Tokenised Deposits
Bank for International Settlements
"Speech by Mr Pablo Hernández de Cos, General Manager of the BIS, at the Jackson Hole Economic Symposium, 28 August 2026. I will first assess whether stablecoins and tokenised deposits uphold the monetary properties that anchor trust – singleness, interoperability and integrity. I will then explore the macrofinancial implications of their broader adoption."
August 28, 2026
Top Post
Advent, Stripe Are Said to Abandon $50 Billion Pursuit of PayPal
Yahoo Finance
"A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc. (PYPL), according to people familiar with the matter."
On the web
How Teens and Young Adults are Victimized: Understanding Scam Risk Across Customer Segments
The Federal Reserve
"Teens and young adults increasingly are becoming targets of sophisticated payment scams — often with serious financial consequences. According to the Federal Trade Commission (FTC), individuals ages 29 and under lost nearly $500 million to scams in 2025 (Off-site), a 20% increase since 2021. As scam losses among this group have risen, financial institutions have an opportunity to strengthen education, implement targeted controls and build trust with younger account holders who face unique vulnerabilities."
Visa Signs Shinhan Financial as First Korean Bank on Its Stablecoin Platform
Startup Fortune
"Shinhan Financial Group announced that it had signed a strategic business agreement with Visa to work on stablecoins, AI-based payments and business payment services. Visa is not just talking about crypto from a stage. It has persuaded one of South Korea's biggest financial groups to test real bank payment functions on its enterprise stablecoin platform: issuance, remittance, redemption, card settlement, B2B and B2C payments, and AI-linked payment models"
On the wires
Experian Launches Credit Cards App on ChatGPT, Offering a New Way to Discover Card Offers
Business Wire
"Experian announced the launch of the Experian Credit Cards app on ChatGPT, expanding its growing portfolio of AI-powered financial experiences and giving consumers a new way to discover and compare credit card options through a simple conversation."
August 27, 2026
Top Post
Swift Accepts Community Request to Extend Structured Address Migration for ISO 20022 Payment Messages
Swift
"Swift will apply a controlled extension of Standards Release 2026: Swift will defer all payments changes. For the structured address requirement, Swift over the coming weeks will consult with banks, central banks, and payment market infrastructures as well as with market practice groups and corporates to define the optimal timing and approach. It will provide an update by December, at the latest, as part of its governance cycle. Other payments changes planned for November will be phased separately."
On the web
Visa Expands Support for its Clients and the Industry as Organisations Navigate New AI Era of Cybersecurity
Visa
"Visa announced enhancements to its cybersecurity portfolio to help organisations identify and fix vulnerabilities more effectively. Unveiling the next evolution of the Visa Vulnerability Agentic Harness (VVAH), its open-source, model-agnostic framework, Visa is helping organisations significantly reduce the Mean Time to Adapt, the time between discovery and resolution of attack paths, with some resolutions shrinking from weeks to hours."
Retailers Rank Richer Payments Data as the Top Benefit of Payments Orchestration, New ACI Worldwide Research Finds
ACI Worldwide
"Access to richer payments performance data across all channels was the payments orchestration benefit retail payments professionals selected most often, at 47%, according to new research from ACI Worldwide. The research was commissioned and funded by ACI and designed and fielded by Retail Systems. The findings are published in the report, The Revenue Hidden in Plain Sight: Closing the Retail Payments Optimization Gap."
Regulating Stablecoin Issuance: Permissible Entities and Activities
BIS
"Regulatory approaches for stablecoin issuance differ significantly, particularly in terms of the types of entities allowed to issue them and the scope of activities permitted beyond core issuance. These differences are important since additional activities such as lending, staking or providing custody services can alter an entity's risk profile and influence the safeguards needed for its core issuance operations."
August 26, 2026
On the web
New Blackhawk Network Research Finds Banking Access Shapes the Consumer Payout Experience
Blackhawk Network
"Blackhawk Network released new research* showing that while survey respondents expect fast access to business payouts, banking access significantly influences how they prefer to receive and use those funds. Business payouts are funds organizations distribute directly to individuals, including insurance and warranty claims, rebates, refunds, legal settlements, returned security deposits, incentives and other business disbursements. Across all respondents, speed and immediate access emerged as shared priorities."
dLocal Launches dMoRe to Remove Operational Barriers Between Global Businesses and Emerging Markets
dLocal
"dLocal announced the launch of dMoRe, its Merchant of Record (MoR) solution designed to redefine how global enterprises scale across emerging economies. The new Merchant of Record solution combines dLocal’s established payment infrastructure with comprehensive legal, tax, and compliance capabilities, enabling merchants to launch in high-growth consumer markets within weeks instead of months."
Revolut Is Launching a Euro Stablecoin Into a Market Mica Handed to an American Company
TNW
"Revolut is launching a euro-backed stablecoin. The neobank is also one of the 36 firms the ECB picked for its digital euro pilot, which means it is now building the private euro token and helping test the public alternative to it at the same time. The regulatory backdrop is what makes this interesting. MiCA requires major stablecoin issuers to hold at least 60% of reserves in EU bank deposits, a rule designed to keep euro stablecoins anchored in Europe."
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