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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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June 11, 2026
Top Post
More than 60% of Pix Automático Users Are Brand-New Consumers
EBANX
"Ahead of its first anniversary on June 16, Pix Automático, the recurring billing feature of Pix, Brazil’s widely popular instant payment system, has become a key driver of new customer acquisition for global companies with subscription business models operating in the country. New data from EBANX reveal that 64% of consumers paying with Pix Automático are new users within these digital platforms. For the 60 million Brazilians who lack access to credit cards, the feature is unlocking access to the global digital economy."
On the web
Unstructured Data Needed, but Often Untapped, for Agentic AI
TechTarget
"While structured data such as financial records and point-of-sale transactions provides key information and is critical when building analytics and AI tools, unstructured data such as text in documents and emails and audio from customer interactions adds vital context that structured data can't provide. Autonomous AI applications require vast amounts of high-quality, contextually relevant data to deliver trustworthy outputs."
The Rise of the Modern Earner Economy
Block
"For a growing number of Americans, income no longer exclusively comes from one employer or one predictable paycheck. In a new white paper, The Modern Earner Economy: How Changes in Earning Are Reshaping Financial Services, Cash App shares insights from customer data and survey research. Among Cash App monthly actives, 70% earn income beyond a traditional paycheck - whether driving, freelancing, selling, creating content, running side businesses, holding multiple jobs, and building income across platforms."
UK Overhauls Buy Now Pay Later Regulations For Millions of Klarna Users
Streamline
"The frictionless era of deferred digital payments is coming to an abrupt and highly regulated end. Starting July 15, 2026, consumers utilizing popular Buy Now, Pay Later (BNPL) platforms such as PayPal, Klarna, and Clearpay will face profound changes to their checkout experiences. The United Kingdom's Financial Conduct Authority is officially bringing the unchecked sector under stringent regulatory supervision. The legislative shift mandates comprehensive affordability checks and enforces strict transparency regarding the severe financial consequences of late repayments."
A Year In, VAMP Is Turning Acquirer Anxiety Into Opportunity
Digital Transactions
"More than a year after Visa Inc. launched the Visa Acquirer Monitoring Program, acquirers and their vendors are adapting to the new way of keeping tabs on fraud and chargeback levels. Known as VAMP, the program, according to Visa, consolidated five fraud and dispute programs and reduced 38 distinct remediation processes into one program. A year later, Visa has released six new or updated dispute-resolution services."
ING Rolls Out Global Subscription Banking Model
ING
"ING introduced four plans – ING Go, ING More, ING Extra and ING Max – under one brand across all nine retail markets covering 41 million customers (Netherlands, Belgium, Germany, Spain, Italy, Australia, Poland, Romania, Türkiye). Each subscription plan combines everyday banking with additional features and lifestyle benefits that customers would otherwise arrange separately."
ACI Worldwide Powers Next-Generation PSP Expansion in Africa with Kwik Payments Go-Live
ACI Worldwide
ACI Worldwide announced that Kwik Payments, a South Africa-based payments service provider (PSP), has successfully gone live on the ACI Payments Orchestration Platform, to power the next phase of digital commerce growth across South Africa and the wider African market. Anchored by a strong local presence, ACI’s payment orchestration platform streamlines payment processing by seamlessly connecting POS, ATM, and e-commerce channels with leading global card networks, including Visa, Mastercard, and American Express.
Thunes Deputy CEO Chloe Mayenobe Joins NYSE Floor Talk at Money20/20 EU
Yahoo Finance
"Thunes Deputy CEO provides updates on the company, the industry and expansion.
Agentic AI in Banks Won’t Make Workers Obsolete – They’ll Become More Important
Singapore Law Watch
"Artificial intelligence builders, investors and policymakers gathered in Singapore on June 10 for SuperAI – the real focus is on commercialisation: how companies can turn AI-driven efficiency into revenue growth, competitive advantage and new operating models. Explainability is commercially important, not just a regulatory necessity. The Financial Crimes AI Agent announced in May by FIS and Anthropic was built around that principle: Every conclusion links back to its source data, and every decision stays with the investigator."
June 10, 2026
Top Post
Visa Announces New AI, Stablecoin and Token Innovations to Power Intelligent, Programmable Commerce at Visa Payments Forum
Visa
"At Visa Payments Forum 2026, Visa announced new AI, stablecoin and token capabilities designed to help clients unlock the next generation of commerce. Visa detailed how AI is reshaping how transactions are initiated, authorized and trusted—while also accelerating how new commerce experiences are designed, developed and delivered, particularly as AI agents increasingly act on behalf of consumers and businesses."
Visa Partners with OpenAI to Power the Next Generation of AI Commerce
Visa
"Visa announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, enabling seamless and trusted payments across OpenAI. The companies made the announcement at the Visa Payments Forum in San Francisco. Through the partnership, Visa will provide its global network, credentialing capabilities and security infrastructure to support agentic commerce experiences, helping consumers and businesses interact and transact with confidence."
Mastercard Launches Agent Pay for Machines to Unlock Super-Fast, Always-on Payments
Mastercard
"Mastercard envisions a future where businesses create services for AI agents to buy and use. To enable this new form of commerce, Mastercard developed a new way to pay for these services: payments, some only fractions of a cent, to be completed quickly, programmatically and securely. Today, the company is introducing Agent Pay for Machines (AP4M), a new service that will allow these transactions to be permissioned, orchestrated and settled at machine speed across its global payments network."
On the web
Consumer Demand for AI Shopping Is Forming Fast but Trust for Agentic Commerce Is Still Catching Up
Checkout
"Checkout.com research reveals a third of consumers (33%) expect at least 10% of purchases to be AI-driven within a year, but there is a gap between consumer expectations and industry readiness. Merchants across the UK and US recognize consumer adoption could outpace current ecosystem readiness, with 72% saying consumers will adopt agent-led shopping faster than most merchants are prepared for. Trust remains a barrier to adoption with 27% of consumers saying they trust no organization to operate an AI shopping agent."
BPI and TCH Comment on FedNow Cross-Border Payments Rule
Bank Policy Institute
"The Clearing House Association and the Bank Policy Institute appreciate the opportunity to respond to the proposed rule and request for comment on amendments to subpart C of Regulation J (governing the FedNow® Service). The Associations support the objectives of the Proposal to expand the use of always-on payments rails for cross-border payments and to settle the U.S. legs of cross-border funds transfers. While we generally support the Proposal, we propose recommendations to ensure that it can be successfully implemented by depository institutions."
Same Day ACH Increased Limit as a Treasury Advantage: Driving Liquidity and Control at Optimal Speed
Nacha
"Since its introduction in 2016, Same Day ACH has evolved from a faster payment option into a strategic treasury tool that helps organizations enhance liquidity, control, and operational efficiency. Same Day ACH will become an even more popular tool on Sept. 17, 2027, when the dollar limit per transaction is increased to $10 million."
Four Takeaways on AI’s Next Phase in Payments
JPMorgan
"As part of New York Tech Week 2026, J.P. Morgan Payments and Tech:NYC hosted a chat between Zack Anderson, Chief Data & Analytics Officer at J.P. Morgan Payments, and Bloomberg Reporter Paige Smith. The conversation covered questions in payments and infrastructure: how banks have evolved their relationship with AI, what it means to operate agentic systems at scale and why treasury automation remains an early-stage opportunity. Anderson addressed four themes in how we’re approaching AI in payments."
Big Banks May Have Found Their Answer to the Clarity Act’s Stablecoin Challenge
CryptoSlate
"The Clearing House is preparing a system that lets banks settle deposits on-chain. Its June 5 announcement puts the largest U.S. banks behind a response to the stablecoin challenge: dollar payments can move around the clock, across blockchain rails, with programmable settlement. Banks want those features while retaining the customer balances, compliance controls, and deposit economics that sit inside the regulated banking system. The initiative would enable clearing and settlement of tokenized commercial bank money at scale."
Wirex Joins Visa Agentic Ready Programme to Enable AI-Driven Payments
Wirex
"Wirex has joined the Visa Agentic Ready programme as an issuer supporting the development of secure, scalable agent-initiated payments on stablecoin rails, as part of the next generation of digital commerce. Through the programme, Wirex will work with Visa and ecosystem partners to test and validate how AI-driven agents can initiate and complete transactions on behalf of consumers, while maintaining the security, control and trust that underpin digital payments."
Banking Circle Helps Power Bridge’s Global Money Movement Capabilities
Banking Circle
"Banking Circle announced a collaboration with Bridge, a stablecoin infrastructure platform and a Stripe company, to support its global money movement capabilities through Banking Circle’s regulated, API-led banking infrastructure. Bridge is using Banking Circle’s infrastructure to enable businesses and developers to move stablecoins in and out of local currencies including EUR and GBP, with AUD support to be rolled out in Q3. Bridge will also use Banking Circle to send and receive USD globally via SWIFT."
Japan’s Megabanks Plan Joint Stablecoin as Bank-Issued Tokens Go Global
Yahoo Finance
"Three of the largest banks in Japan are forming a consortium to issue a jointly operated stablecoin by the end of fiscal year 2026, Nikkei reported, extending a regulatory pilot that has been operating under the Financial Services Agency's supervision since November 2025. The plan involves Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group. The token will start pegged to the yen, with a US dollar version following later in the year."
PhonePe Launches SmartPages: India’s First AI-Powered Payment Page Creator for Merchants
PhonePe
"PhonePe announced the launch of SmartPages, an AI-powered payment page creator built natively into the PhonePe Payment Gateway dashboard. A first in India’s payment gateway ecosystem, SmartPages allowis merchants to build contextual, professional and conversion-optimized payment pages instantly. A merchant describes what they are selling, and the AI acts as both copywriter and designer. It generates product copy, appropriate input fields (like shipping or contact details), and structures the complete mobile-optimized layout."
Shopware Launches Shopware Payments in Partnership with PayPal
TNGlobal
"Shopware, a leading open-source ecommerce platform, announced the launch of Shopware Payments, its platform-native payments solution powered by PayPal. The solution enables merchants to activate and manage payments directly within Shopware while providing access to a comprehensive portfolio of market-relevant payment methods at checkout, including cards, digital wallets such as Apple Pay and Google Pay, buy-now-pay-later options, and PayPal’s suite of payment experiences, including PayPal, Venmo, and PayPal Pay Later."
June 9, 2026
Top Post
US Judge OKs Visa, Mastercard $38 Billion Swipe Fee Settlement
U.S. News & World Report
"A U.S. judge on Tuesday granted preliminary approval to Visa's and Mastercard's revised $38 billion settlement with merchants who accused the card networks of charging too much to process payments on their credit cards. U.S. District Judge Brian Cogan in Brooklyn, New York ruled nearly two years after a different judge rejected a proposed $30 billion settlement as too small. The settlement announced last November was intended to end litigation that began in 2005, when merchants accused Visa, Mastercard and banks of conspiring to violate U.S. antitrust laws, including through the collection of "swipe fees."
On the web
Nuvei Is In Talks To Buy Payoneer For $2.7 Billion
Finimize
Nuvei, a Canadian payments company, is in advanced talks to buy Payoneer, a cross-border payments firm, for about $2.7 billion, Reuters reported. Reuters says the $2.7 billion price includes Payoneer’s cash, which implies about $2.3 billion in enterprise value – notably above Payoneer’s roughly $1.7 billion market value.
Klarna Launches High-Yield Savings Account, Turning Everyday Spend Into Everyday Savings
Klarna
"Klarna announced the launch of Klarna Savings accounts in the U.S. - FDIC-insured accounts with no minimum deposit, no monthly fees, direct deposit, and interest rates above 3% APY¹, available directly in the Klarna app and provided and held by WebBank, member FDIC."
Volante Launches “Vol360i” Agentic AI
Volante Technologies
"Volante Technologies announced that its Payments Platform and PaaS operations are now powered by its “Vol360i” Agentic AI. The core upgrade unlocks autonomous and semi-autonomous collaboration to reduce manual intervention, significantly increasing straight-through processing (STP) rates to over 95%, accelerating exception resolution, and proactively managing SLA performance. Vol360i has four main operating principles guiding Volante’s agentic framework to deliver a frictionless payments experience: Prevent Agents, Repair Agents, Predict Agents, Sense Agents."
The Future of Payments in Africa: Smarter, Connected, & Powered by AI [Video]
CNBC Africa
"Africa is rapidly moving beyond basic digital transactions to build an intelligent, interconnected financial network. Driving this shift is the integration of artificial intelligence, evolving cross-border infrastructure, and next-generation commerce tools that promise to redefine how money moves across the continent. Joining CNBC Africa to discuss the upcoming wave of transformation is Dr. Reda Helal, Managing Director & Co-Head of Processing Services – Africa at Network International."
Interswitch Partners with Temenos to Scale Digital Banking Services Across Africa
Temenos
"Temenos and Interswitch Group, a payments and digital commerce company in Africa, announced a collaboration, wherein Interswitch will adopt Temenos technology to enhance its digital banking capabilities, supporting its growth and expanding access to modern financial services across the continent. Interswitch will use Temenos solutions – across core banking, digital banking, payments, wealth management and financial crime – to provide cloud-hosted and on-premises managed services to banks and financial institutions across Africa."
Stripe Powers Lloyds’ New Suite of Payment Tools for UK Small Businesses
Stripe
"Stripe announced a partnership with Lloyds, the UK’s largest digital bank. Lloyds will use Stripe to power Lloyds Accept, a new suite of payment tools for UK small businesses—giving them access to the same payments infrastructure like Amazon or OpenAI. Lloyds Accept is integrated into the Lloyds Business Account, and enables small businesses to accept payments however they trade: in-person with modern terminal devices, through Tap to Pay, or via payment links for online sales."
HSBC, Mastercard Pilot Agentic B2B Payments in Singapore
Tech In Asia
"HSBC and Mastercard said they were piloting agentic commerce for business-to-business (B2B) procurement and payments in Singapore. The proof of concept links a multinational corporate buyer, Singapore-based procurement platform SourceSage, and ecommerce supplier FortyTwo through Mastercard Agent Pay, tokenised payments, and merchant discovery and referral tools. HSBC said the pilot would let trusted digital agents automate parts of purchasing and payment while keeping controls and oversight in place."