Industry

Participate & Hazel Complete World’s First Loan Participation or Syndication Payment Using Tokenized Deposits

EIN Presswire

"Participate, the Loan Sales Ecosystem for financial institutions, announced it has completed the world’s first loan participation or syndication principal and interest payment between financial institutions using tokenized deposits. The payment between two Texas banks, Vantage Bank and Rio Bank, moved through the Hazel Network, the tokenized-deposit and stablecoin platform developed by Vantage Bank and Custodia."

Industry

Matera, Payfinia and Solana Foundation Demonstrate New U.S. QR Code Payment Standard at Money20/20

Business Wire

"A consortium of banks, fintechs, and payment infrastructure providers including Matera, Payfinia and Solana Foundation held the first live demonstration of X9.150, a new U.S. standard for QR code payments. The demo shows how a single QR code on an invoice lets a customer pay over FedNow® Service, the RTP® network, or with USDC on the Solana network, while the business’s invoice records update automatically. X9.150 was approved in July 2026 through the ANSI Accredited Standards Committee X9 providing one format for QR code payments."

Industry

Three in Four Crypto Owners Want to Hold It at Their Own Bank. Which Banks Already Let You?

24/7 Wall St.

"Schwab now offers Bitcoin and Ethereum trading to all 48.6 million clients, with Solana, Avalanche, and Chainlink launching by year-end. Schwab charges 0.75% per crypto trade and caps withdrawals at $5,000, requiring 10 separate transactions to move $50,000. Neither FDIC nor SIPC covers crypto, and Interactive Brokers keeps up to 30% of staking rewards earned by clients."

Industry

Treasury Notice of Proposed Rule Making Comment Period Closes TODAY: What the Industry Filed Before the GENIUS Act Deadline

Yahoo Finance

"The October 19, 2026, closure of the comment period for the GENIUS Act NPRM (TREAS-DO-2026-0496) signals the end of the primary public feedback phase for the administration's stablecoin framework. By the time the docket closed, more than 105 comments had been submitted, with 77 published on regulations.gov. Key industry participants, including the Bank Policy Institute (BPI), the American Bankers Association (ABA), Paradigm, Coinbase, and Circle, have all submitted detailed responses."

Industry

Ranked: The World’s 30 Largest Banks in 2026

Visual Capitalist

"America’s biggest bank ranks only fifth globally, highlighting the enormous scale of China’s banking system. This graphic ranks the world’s 30 largest banks using S&P Global Market Intelligence’s April 2026 ranking, based primarily on year-end 2025 financial statements. Total assets include loans, investments, and cash, with banks grouped by the country of their headquarters."

Industry

Introducing Agent Vault: A Single, Portable Solution to Prevent Your Agents From Going Rogue with Credit Cards and Login Credentials, Built by Self Labs

Business Wire

"AI assistants and agents are finally capable of real work and day-to-day tasks, with new solutions enabling agentic credit card payments for humans. But until today, there was no solution that kept credentials out of an agent’s context, preventing theft and unauthorized actions, while moving with users from agent to agent. That’s why Self Labs is launching Agent Vault, a payment and login layer for AI agents to sign in and complete purchases on a human’s behalf without ever seeing or storing their information."

Industry

Amazon, Shopify, and Meta Muse: Who Controls AI Shopping?

DeepLumen

"An AI agent may be capable of finding a product and preparing a purchase. Completing that task also depends on the businesses it needs to access. Axios reported that Amazon blocked Meta’s Muse on Amazon. Meta’s Connect announcement said Muse launched with access to Shopify’s catalog and announced the addition of Shop Pay and PayPal for payments. These developments expose a question: when shopping begins in an AI conversation, which business controls discovery, customer access, and the transaction?"

Industry

Illinois to Appeal Interchange Ruling

ABA Banking Journal

"The Illinois Attorney General’s Office plans to appeal a court injunction preventing the state from enforcing the Illinois Fee Prohibition Act against certain financial institutions, according to a court filing. The IFPA bans banks, payment networks and other entities from charging or receiving interchange fees in Illinois on the portion of a debit or credit card transaction attributable to tax or gratuity."

Companies Industry

Visa Lowers Interchange Fees for Tens of Thousands of Small Businesses, But New Credit Card Fees Are on the Horizon [Canada]

PR Newswire

"More small businesses will pay lower credit card processing fees when new Visa interchange rates take effect on October 24. In an agreement with the federal government, Visa and Mastercard lowered interchange fees for small businesses with sales under $300,000 for Visa and $175,000 for Mastercard. Visa is expanding its small merchant interchange rate to firms with up to $750,000 in annual Visa sales and lowering rates for all qualifying businesses. Mastercard's threshold remains at $175,000."

Tags: Mastercard Visa

Companies Industry

In-Vehicle Toll Payment Pilot Program (North Carolina)

NCDOT

"The N.C. Turnpike Authority is partnering with Volvo Car USA, Mastercard, Microsoft, RedHat and Cognizant to pilot an in-vehicle toll payment system in North Carolina. This pilot program will enable enrolled Volvo car owners to link their car’s vehicle identification number to a payment method, allowing automatic payments to be processed as soon as the customer’s car drives through a tolled section of roadway."

Tags: Mastercard Microsoft Volvo

Industry

How Restaurant POS and Ordering Data Reveal Generational Customer Patterns

SmartData Collective

"A modern restaurant order taking system captures behavioral telemetry on every transaction, showing operators how different generations actually navigate digital menus by measuring ticket size, modifier depth, and screen-to-payment dwell times. Digital ordering has become a routine part of restaurants and coffee shops. Yet customers do not all approach self-service kiosks or mobile apps in the same way. Age can influence familiarity with technology, but generation alone does not determine behavior."

Industry

FSB Warns of Stablecoin, AI Risks Ahead of G20 Meeting

Traders Union

"FSB Chair Andrew Bailey urges G20 members to address cross-border gaps in stablecoin oversight and adopt new AI risk management practices in the financial sector. FSB report warns a stablecoin run could trigger forced sales of reserve assets and bank deposit withdrawals, spreading stress to traditional financial markets. FSB highlights AI-driven cyber threats and volatility risks, emphasizing that only 11 of 28 jurisdictions have finalized stablecoin regulatory frameworks as of its 2025 review."

Industry

Meta Discusses Protocols for Agentic Commerce

Social Media Today

"If agentic commerce takes off, and more transactional activity is undertaken by bots instead of human users, that could upend the entire web commerce model. It could erode direct connection between brands and their customers, remove upselling opportunities or even kill off the website display ads model. If humans are no longer the audience, that changes the whole paradigm, and businesses could end up losing out. This is another reason some companies have chosen to block AI agents."

Industry

How AI Agents Could Reshape Retail as Stores Move Beyond Sales

ING THINK

"Chinese platforms such as Alibaba and JD.com lead the way, with AI agents already deeply integrated into their respective platform networks. These agents can not only provide product recommendations but also complete purchases autonomously. Meanwhile, US technology companies including Amazon, Google, Meta, OpenAI and Anthropic are investing heavily in the development and rollout of AI agents, intensifying the global race for leadership in this emerging market. How will physical store evolve in an AI-driven landscape?..."

Industry

Bank of North Dakota Announces Stablecoin Pilot Program with Local Partners

North Dakota Monitor

"The Bank of North Dakota announced it has launched a pilot program for its Roughrider Coin. Four local banks and credit unions are using the state’s unique banking model, led by the Bank of North Dakota, to learn about possible benefits and pitfalls of the stablecoin financial technology. Fiserv, a Fortune 500 technology company that already provides services for the Bank of North Dakota, is also part of the partnership."

Industry

Sibos Wrap-up Day 4: Is Global Settlement Alignment Actually Achievable? [Video]

Global Custodian

"Global Custodian is joined for its final Sibos wrap-up by representatives from BNP Paribas, Chainlink and Deutsche Bank to discuss the race towards global settlement alignment and how tokenisation could help bridge the gaps."

Industry

ICBA Sues OCC Over National Trust Bank Charters for Crypto Firms

ICBA

"Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued a statement on the lawsuit filed n the U.S. District Court for the District of Columbia against the Office of the Comptroller of the Currency (OCC) for authorizing novel entities primarily dealing in cryptocurrencies to enter the banking system without being subject to the same rigorous regulatory framework or safeguards as community banks."

Industry

Why Retailers Are Divided Over AI Shopping Agents

Marketing Tech News

"Retailers are taking different approaches to AI shopping agents as platforms such as Meta, Google, Microsoft, and OpenAI move product discovery and checkout into conversational interfaces. Meta has announced plans to add Walmart, Best Buy, Gap, American Eagle Outfitters....as shopping connectors for Muse, its personal AI agent. The different approaches center on how much of the shopping journey retailers are willing to hand to external AI platforms."

Industry

Banks Will Soon Face the Dark Side of AI

Reuters

".....The biggest area of attack is deposits. Banks still make a lot of money simply by taking in cash, often in the form of low-yield checking accounts, and ​investing it in securities or stashing it at the central bank. AI could change that. Customers could ask an agent, like Meta Platforms' personal assistant Muse, to work out how much liquidity they really need and shift everything else to high-yield savings accounts, money-market funds ​and the like. It would be like every individual having their own corporate treasurer."

Industry

Treasury’s First GENIUS Act Rule Draws a $10 Billion Line Through the Stablecoin Market [Video]

Yahoo Finance

"The Treasury Department has broken the regulatory silence surrounding the GENIUS Act. The core of the rule is the $10 billion threshold. Issuers with consolidated total outstanding issuance of $10 billion or less may opt for state regulation, provided their home state's regime passes the SCRC's "substantially similar" test. Issuers exceeding that $10 billion cap are excluded from the state pathway and must transition to the federal framework within 360 days, unless they secure a specific waiver.  Tether and Circle are well above the $10 billion mark and are barred from the state-level route."

Industry

Sibos Wrap-up Day 3: Corporate Actions – Fixing Fragmentation Before Automating It

Global Custodian

"Global Custodian is joined by representatives from DTCC, Brown Brothers Harriman and Chainlink for the third Sibos 2026 daily wrap-up, discussing the challenges of fragmented corporate actions and post-trade processes, and whether the industry can standardise before turning to automation and AI."

Industry

EU Probes Candy Crush, Minecraft Creators over In-Game Payments

Silicon Republic

"Consumer protection watchdogs in Europe have launched an investigation into the companies behind popular online games – including the creators of Candy Crush, Minecraft and Clash of Clans – over how they price and operate in-game transactions. The probe was launched after talks between the European Commission’s Consumer Protection Cooperation (CPC) Network and groups representing the interests of video game makers failed to bring better transparency around the use of in-game currencies."

Industry

Sibos Wrap-up Day 1: Tokenisation Takes Centre Stage [Video]

Global Custodian

"Global Custodian is joined by representatives from BNP Paribas, Chainlink and Standard Chartered for the first Sibos 2026 daily wrap-up, discussing the latest developments in tokenisation, the opportunities it presents and the challenges still standing in the way of wider adoption."

Companies Industry

Sibos Wrap-up Day 2: How Agentic AI Is Reshaping Custody [Video]

Global Custodian

"Global Custodian is joined by representatives from Chainlink, JP Morgan and GLEIF to discuss how agentic AI is already transforming custody and asset servicing, from automating queries and document processing to resolving exceptions and enabling AI agents to interact with financial assets."

Tags: Sibos

Industry

Coinbase Launches Fixed-Rate Bitcoin-Backed Loans Via Morpho Midnight

Bitcoin News

"Coinbase has launched a new fixed-rate loan product that lets customers borrow USDC using bitcoin as collateral. The new service gives borrowers something Coinbase’s existing bitcoin-backed loans do not: a fixed interest rate and a fixed repayment date. The loans are powered by Morpho Midnight, a lending protocol designed for fixed-rate and fixed-term digital asset loans."

Industry

Global Banks Call for Clearer AI Agent Liability Processes

TechInformed

"Six banks are calling for clearer dispute processes and liability allocation in agentic commerce as AI agents are given greater authority to complete purchases. In their “Building Trust in Agentic Commerce” principles paper, the banks say liability can become unclear when an AI agent exceeds the authority a customer gave it. The banks said agentic commerce has already moved from closed trials into live pilots and early scaling while standards, policies and consumer protections remain under development."

Companies Industry

Open USD Stablecoin Goes Live as Stripe, Visa and Mastercard Open It to Businesses

Unchained

"Open USD (OUSD), the dollar stablecoin backed by Coinbase, Mastercard, Shopify, Stripe and Visa, went live on Wednesday. Businesses can start building with OUSD through Mastercard, Stripe and the Visa Stablecoin Platform now, with Coinbase access beginning Oct. 1. The token runs natively on Ethereum, Solana, Base and Tempo, and will first be available to trade on Coinbase, Kraken and Uniswap. OUSD is issued by Bridge, the stablecoin infrastructure firm Stripe owns."

Industry

Sumsub Launches Apac Agentic AI Council on Governance and Agent Identity

TNGlobal

"Compliance technology company Sumsub has launched an Asia-Pacific Agentic AI Council, a cross-sector forum intended to develop practical guidance for organizations deploying autonomous AI systems. The council’s work is organized around three pillars: Adopt, covering where AI agents create value and the conditions for deployment; Build, covering technical foundations such as agent identity, secure architecture and interoperability; and Govern, covering accountability mechanisms and practical governance frameworks."

Companies Industry

Quant: What the Clearing House Mandate Really Means

CryptoTicker

"The Clearing House selected Quant as technology partner for tokenised deposits backed by 25 large US banks. Quant supplies the layer for interoperability, orchestration and transaction management for a new network through which financial institutions can clear and settle tokenised deposits. Connection to the existing RTP and CHIPS payment systems is explicitly part of it. Overledger is Quant's operating system for enterprises. It works as a programming interface that connects various public and private blockchains with classic banking systems."

Tags: Quant The Clearing House (TCH)

Industry

AptPay Expands Its iGaming Payment Infrastructure With Direct Visa Connectivity and a New Way for Players to Receive Funds in Real-Time1

Business Wire

"AptPay, a payment technology company specializing in payment orchestration, announced plans to integrate directly with Visa Direct, expanding AptPay’s card payout capabilities and introducing Visa Direct Alias, a U.S.-only service currently in pilot, to its growing money movement platform. The direct Visa integration expands that infrastructure by enabling Visa Direct for Card to support real-time payouts to eligible Visa cards."