Companies Industry

Global Banks Collaborate on Principles for Trusted Agentic Commerce

Bank of America

"ASB Bank, Bank of America, Capital One, Commonwealth Bank of Australia, ING Group and NatWest Group unite to publish a set of joint principles as agentic commerce is poised to reshape the future of payments. The principles are designed to help guide the development of agentic commerce while supporting wider industry collaboration. Publication of this paper builds on a wider conversation, with the consortium inviting participants across the ecosystem to apply the principles in practice and shape future implementation."

Tags: Bank of America Commonwealth Bank of Australia ING Group NatWest

Industry

Tokenized Deposits and Stablecoins: How Banks Can Compete on Payment Orchestration

Oracle

"Banks are making decisions about how tokenized deposits and regulated stablecoins will fit into their payments businesses. The implications for deposit funding, customer access, and settlement differ. Those differences become important when a payment crosses from one institution to another. The answer affects where banks hold liquidity, how they settle obligations, and what services they can offer corporate clients. Recent U.S. initiatives bring the issue into focus...."

Industry

Conference of State Bank Supervisors Issues Framework for AI

Financial Regulation News

"The Conference of State Bank Supervisors (CSBS) has released a new supervisory resource about using artificial intelligence.   The new framework will help state examiners assess the uses of and risks of AI at state-chartered banks and state-licensed nonbank financial institutions, and provide clarity to financial institutions about what a state examiner may request in reference to an institution’s AI-based products, services and tools."

Industry

Stablecoins are Now the Only Regulated U.S. Crypto Asset

StablecoinInsider

"Crypto's legislative push ended last Tuesday. On September 15, the Senate voted on a motion to proceed to consider the Clarity Act but failed to reach the 60-vote threshold needed to open debate, and it's unclear when the Senate will reconsider the vote or whether the bill will change first. Losing in Congress doesn't mean the banking lobby is done. The OCC and Treasury are writing rules that could accomplish much of what Section 404 would have. The Treasury deadline: Comments on Treasury's proposed GENIUS rule are due by October 19, 2026. "

Companies Industry

Visa’s Stablecoin Settlement Just Hit $20 Billion. The Rail Is Built Before the Rules Are.

Yahoo Finance

"Visa has officially crossed the $20 billion annualized run rate for stablecoin settlement, a milestone that serves as a instrument in the debate over the future of payment rails. This momentum arrives at a curious moment in the regulatory calendar. The GENIUS Act, which established the federal framework for payment stablecoins, is set to become fully enforceable on January 18, 2027. Yet, the federal agencies tasked with writing the rulebook — including the OCC, FDIC, Fed, NCUA, Treasury, FinCEN, and OFAC — missed their July 18, 2026, deadline."

Tags: Visa

Companies Industry

Education: U.S. Currency Program Now Producing Nonsequential $1, $2, $5, $20 Straps

FRB Services

"In 2023, the U.S. Currency Program (USCP) began a multiyear process of modernizing its banknote production equipment, which will result in nonconsecutive sequencing of serial numbers on all new straps of U.S. currency. During the transition period, changes to serial number sequencing will be phased in by denomination. Until the transition is complete, both sequential and nonsequential straps may appear in orders of U.S. currency. The USCP is now producing $1, $2, $5 and $20 denominations on the new equipment."

Tags: Federal Reserve

Companies Domains Industry

Mastercard and Trip.com Pave the Way for Agentic Commerce in the Travel Sector [Video]

Mastercard

"Mastercard and Trip.com have joined forces to showcase AI powered booking experiences for the travel sector. Powered by Mastercard’s Agent Suite for Merchants and in partnership with Network International, the organizations are showcasing how consumers will be able to search, book, and complete purchases through Trip.com’s AI agent TripGenie. By combining Trip.com’s travel ecosystem."

Tags: Mastercard Remote Commerce

Industry Regulation

Crypto Bill Falls Short in Early Hurdle on Senate Floor

The Hill

"A cryptocurrency regulation bill failed to advance on the Senate floor Tuesday, after all Democrats and a few Republicans blocked a procedural vote.  The Senate voted 49-50 on a motion to proceed with consideration of the Clarity Act, failing to reach the required 60-vote threshold. It marks a major setback for the industry, which has long pushed for the measure setting up a regulatory framework for the crypto market."

Tags: CLARITY Act Crypto

Industry

House Passes Revised Version of Common Cents Act

ABA Banking Journal

"The House yesterday passed a revised version of legislation to officially end penny production and provide a framework for cash rounding when exact change cannot be provided. The version passed yesterday includes new language requiring the Treasury Department to give Congress 60 days’ advance notice before discontinuing any circulating coin. It also allows the Treasury Secretary to explore a new metals composition for nickel manufacturing to save costs. The legislation now heads to the Senate."

Companies Industry

Ant International's Agentic Mobile Protocol Rolls Out Globally with Wallets and Acquirers

TechWire Asia

"As Ant International builds out its Agentic Mobile Protocol (AMP) with deeper interoperability and open-source initiatives, fintech and payment leaders are deploying the protocol globally at an accelerated pace. 10 Alipay+ mobile wallet partners will support AMP in Phase I. They are: Alipay (China), AlipayHK (Hong Kong SAR, China) and more. Phase I Acquiring partners:  Adyen, Allinpay, Checkout.com, Fiserv, Global Payments, Nuvei, and Worldline. Cross-Sector Partnership on Trust with Card Networks, Monetary Authority of Singapore"

Industry Regulation

CLARITY Act Faces Tuesday Senate Vote: Senate Republicans Release ‘Final’ Draft

Trading View

"Senate Republicans have reportedly put forward a revised 635-page version of the Digital Asset Market Clarity Act, commonly known as the CLARITY Act, late Sunday, calling it their "last, best, and final" offer to Democrats. This comes ahead of the procedural vote this week that could determine the fate of the crypto market structure bill in Congress. The new draft includes 126 substantial changes. The Senate votes at 2:15 pm ET Tuesday on cloture for the motion to proceed, which requires 60 votes."

Tags: CLARITY Act

Industry

Nearly 1,000 Merchants Tell Judge Proposed Settlement of Visa/Mastercard Lawsuit is ‘Riddled With Loopholes’

Merchants Payments Coalition

"The Merchant Payments Coalition said nearly 1,000 businesses and trade associations have called on a federal judge to reject the proposed settlement of merchants’ lawsuit over Visa and Mastercard credit card swipe fees.“We object to this proposed settlement because it would grant Visa, Mastercard and giant card-issuing banks sweeping liability immunity for their anticompetitive system of card fees and rules while providing merchants with temporary and meager relief that is riddled with loopholes that will make the relief largely ineffective."

Companies Industry

Visa Research: The Rise of the “Couch Economy” Is Reshaping Consumer Spending

Visa

"New Visa Business and Economic Insights research finds consumers are increasingly shopping, streaming, dining and managing daily life from home, creating new opportunities for businesses that can deliver convenience and ongoing digital engagement. Digital commerce expanded across all six markets studied between 2019 and 2026. In three illustrative markets, the share of domestic payment volume occurring online and in-app rose from 48% to 58% in the U.S., 10% to 24% in Poland and 35% to 55% in the UAE."

Tags: Visa

Industry

What’s an ATM’s Total Cost of Ownership?

ATM Marketplace

"There's a lot more costs to consider than just the ATM itself. One also has to consider the cash itself, peripherals, repairs, maintenance and cash management. This can drive up the total cost of ownership of an ATM significantly. But there are new tools emerging that will bring that cost down. The future of ATM management is moving beyond reactive maintenance towards intelligent supply chain management."

Industry

US ATMs Celebrate 57th Birthday

ATM Marketplace

"The first ATM was installed in the U.S. 57 years ago on Sept. 2, 1969 in the town of Rockville Center of Long Island, New York. It was deployed for Chemical Bank by the company Docutel. This was not the first ATM to be deployed, as that honor is held by a Barclays Bank location in 1967 in London. This initial ATM relied on carbon-14 impregnated vouchers that customers had to purchase from a teller. The ATM in 1969 used a magstripe card, but only allowed customers of Chemical Bank to withdraw cash. Read about 48 little known ATM facts.

Industry

Open Banking Has Proved Data Sharing Can Work – Now It Has to Prove It Can Create Value

Open Banking Expo

"The UK’s Open Banking ecosystem recently passed two significant milestones : more than one billion payments and 100 billion API calls across the CMA9 banks. Those figures matter. Open Banking is no longer an experiment operating at the edges of financial services. The infrastructure works at scale, adoption is growing and the market is moving from proof of concept towards everyday use. In June 2026 alone, 99.5% of reported API calls were successful."

Industry

NYC’s Click-to-Cancel Rule Takes Effect Oct. 1, Making It Easier to End Subscriptions

Scripps News

"New York City will become the first municipality in the country with its own click-to-cancel rule when new consumer protections take effect Oct. 1.  The rule requires companies to offer a straightforward cancellation process in the same method customers used to sign up, so if a customer subscribes for a service online, it must be just as easy to cancel the subscription online.  Streaming services, gym memberships and service contracts have long made signing up quick and simple, while canceling can require navigating confusing or time-consuming steps."

Companies Domains Industry

Anthropic Launches AI Agent Blueprints For Retailers Ahead of Holiday Shopping Season

The Economic Times

"Artificial intelligence company Anthropic is giving retailers blueprints to build shopping and merchant agents on Claude, it announced on Wednesday, as demand for internal and external conversational search tools expands ahead of the holiday shopping season. The blueprints are guidelines for building shopper and merchant agents for retail, travel and ticketing companies."

Tags: Anthropic Remote Commerce

Industry Systems

Bank of America, Citi Join 21-Firm Stablecoin Plan

Crypto News

"Bank of America, Citi, Goldman Sachs and 18 other financial institutions committed on Sept. 1 to establish a stablecoin company during the second half of 2026, subject to closing conditions. The unnamed venture plans to issue a U.S. dollar-denominated stablecoin during the first half of 2027. The group said it may later introduce tokens linked to other G7 currencies, with a euro stablecoin named as its first expansion priority."

Tags: Stablecoin

Companies Industry

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."

Tags: X (Twitter)

Industry

EMVCo Requests Feedback on Framework for Secure, Interoperable and Scalable Card-Based Agentic Payments

Business Wire

"EMVCo – the technical body that creates and manages EMV® Specifications and programmes – has released a draft framework to help promote secure, interoperable and scalable card-based agentic payments. The framework provides a foundation for further industry engagement and potential specification development, with all interested stakeholders encouraged to provide their feedback on EMV® Agentic Payments – Framework for Specifications by Wednesday 30 September."

Industry

Visa, Mastercard, and Fiserv Just Joined a Group Writing the Rules for AI Agent Payments

Yahoo

"Visa, Mastercard, and Fiserv recently joined the Agentic Payments Alliance (APA), a coalition assembled by the stablecoin infrastructure company Rain to establish rules for agentic AI commerce. The APA consists of 26 companies. In addition to Visa, Mastercard, and Fiserv, its other founding members include Circle, the Solana Foundation, and Remitly. The APA's core goal is to establish shared industry standards for how autonomous AI agents manage their digital identities, process user loyalty programs, and detect fraud."

Industry

Passkeys Face a New Test in Agentic Commerce

Frontier Enterprise

"When an AI agent makes a purchase, authenticating the user is no longer enough. Merchants, banks, and payment networks must be able to determine what the agent was authorised to buy. This challenge dominated “Enabling Trusted, Simple Interactions in the Agent Era”, a panel at the FIDO Authenticate APAC conference in Singapore. The discussion brought together experts from Google, Mastercard, and PayPal to examine how digital identity verification must adapt to agentic transactions."

Industry

WhatsApp Chat Used to Launder Cash for Crime and Extremism

BBC

"A WhatsApp group chat was used to launder hundreds of millions of euros in cash around the world, funding organised crime and extremism with no paper trail, an investigation by European broadcasters has found. The 532-member group chat, called "Traders of Greater Europe", was used to arrange cash transfers across borders for their clients, including to UK cities such as Birmingham and London."

Industry

BankChain Alliance Gives 3,283 Community Banks Ownership Stake in Digital Payment Rail

"39 US state banking associations announced the BankChain Alliance, a nationwide bank-owned and governed blockchain network for tokenized deposits, bank-issued stablecoins, smart payment tools, and automated settlement. The alliance represents 3,283 banks holding $21.8 trillion in assets. The network, is designed to be owned, designed, and governed by member banks. Participating institutions will be able to acquire ownership stakes."

Industry

Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Offerings

Crypto News

"$13 trillion Charles Schwab said it plans to offer Solana ($SOL), Avalanche ($AVAX) and Chainlink ($LINK) trading for clients in the coming months. The move expands Schwab Crypto offerings beyond Bitcoin and Ethereum."

Industry

Education: ACH vs SWIFT: Which Rail Fits Your Business Payments

OneSafe

"ACH remains the dominant U.S. batch payment rail by scale. The Federal Reserve reported 20.109 billion commercial ACH transactions in 2024, worth $42.497 trillion, with an average transaction value of $2,113. Federal Reserve ACH statistics show why ACH remains central to payroll, recurring collections, and domestic vendor payments. SWIFT solves a different problem. It provides standardized financial messaging between institutions across borders, usually through correspondent banking relationships."

Industry

Why Payee Verification Is Becoming Critical Payments Infrastructure

Global Banking & Finance Review

"Name-checking controls are moving from optional fraud-prevention tools to a core layer of real-time payment infrastructure as faster transfers reduce the time available to detect and reverse mistakes or scams. The European Central Bank explains that payment service providers in the euro area must offer Verification of Payee for both standard and instant credit transfers, free of charge to the payer, with the obligation applying from 9 October 2025. The service is designed to warn customers of discrepancies before a transfer is initiated."

Industry

U.S. Faster Payments Council Report Evaluates Emerging Approaches to Cross-Border Payment Interoperability

EIN Presswire

"The U.S. Faster Payments Council (FPC) announced the publication of a report, Interoperability: Bridging the Cross-Border Gap in a Faster Payments World, developed by the FPC Cross-Border Payments Work Group, sponsored by Mastercard. The report examines the end-to-end cross-border payment journey through the lens of interoperability, exploring why advances in faster payments, ISO 20022 adoption, and emerging digital settlement models have yet to fully overcome complexity associated with moving money across borders."

Industry

Why Instant Payments Require Instant Security

Treasury and Risk

"Corporate money movement has undergone a seismic shift in the mid-2020s. The Clearing House's Real Time Payments (RTP) network and the Federal Reserve's FedNow system have become mainstream channels within the U.S. financial system. Treasurers reconsidering their payment options need to keep in mind that new and unknown risks come along with this newfound speed and efficiency. Instant-payment rails operate with a potentially dangerous combination of both immediacy and finality."