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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 18, 2026
On the web
PayPal Ventures Shutters as Company Restructuring Continues
TechCrunch
"Five sources told Fortune that the corporate venture arm, will be winding down operations. A company spokesperson confirmed the news to TechCrunch, with a statement. PayPal Ventures has made more than 80 investments, including the crypto trading platform Talos Global, fintech infrastructure company Plaid, and the crypto bank Anchorage Digital. PayPal Ventures still exists on paper and has a few employees supporting its portfolio of startups. However, it has paused new investment activity — at least for now."
Solana Pushes AI-Agent Payments and Stablecoins at Tokyo Summer Series
Coin Insider
"Pay.sh, launched May 5 with Google Cloud, illustrates the kind of infrastructure Solana is building toward. The gateway lets AI agents discover, access and pay for application programming interfaces using USDC on Solana, removing the need for accounts, API keys or subscriptions, with the payment itself serving as the access credential."
Deluxe to Acquire Celero Commerce, Accelerating Transformation Toward Payments and Data Solutions Scale
Deluxe Corporation
"Deluxe announced that it has entered into a definitive agreement to acquire Celero Commerce, a financial technology company focused on optimized payment solutions for small to mid-sized businesses and strategic partners, for $625 million, plus payment of certain seller transaction expenses and other adjustments."
June 17, 2026
On the web
Shopify: Selling Everything, Everywhere, All at Once
Shopify
"Shopify Catalog is the search infrastructure for shopping: a global, structured dataset that agents can search and understand, spanning billions of products from brands all over the world. Merchants on Shopify with eligible products are in Catalog by default. Catalog syndicates product details to ChatGPT, Copilot, Shop app, and others, with no extra apps or manual feeds."
Visa: UK Payments Pulse: Security and Trust Drive Payment Choices
Visa
"Security has become the defining factor in how UK businesses and consumers choose to pay, according to new research from Visa. The study, which surveyed UK merchants and consumers, found that while interest in next-generation payment technologies is growing, long-term adoption will depend on building trust, confidence and understanding. Economic pressures are reshaping the payments landscape."
Visa’s CFO Views Stablecoins and AI Commerce as a Long-Term Bet: ‘They Won’t Pay off in the Next Six Months, but Could over the Next Six Years’
Yahoo Finance
"Payments giant Visa is growing at its fastest rate in years, but it's not because of some of its latest innovations in digital currencies and agentic AI. Visa first started offering stablecoin settlements in 2023 and now has 130 stablecoin-linked card issuing programs across 40 countries. It's also experimenting with agentic commerce, or allowing AI agents to make payments on their own. Yet just $7 billion of annual settlements on Visa's platform are made in cryptocurrencies, compared with $14 trillion overall."
June 16, 2026
Top Post
Nuvei’s $2.75b Payoneer Bet: Can the Combined Giant Out-Muscle Stripe at $91.5b?
Tech Funding News
"The combined company enters a market where scale is becoming critical. Stripe recently reached a $91.5 billion valuation and continues expanding its global payments, treasury, and embedded finance capabilities. Dutch payments company Adyen processes transactions for global enterprises, including Uber, Spotify, and Microsoft, and continues to invest in unified commerce and cross-border infrastructure. What the Nuvei-Payoneer combination brings that rivals lack is a single platform for merchant acquiring, global payouts, multi-currency accounts, treasury services, and marketplace payments."
On the web
Capital One Software Introduces Databolt Connect for Secure Data Collaboration on Databricks Marketplace
Yahoo Finance
"Capital One Software, the enterprise B2B software business of Capital One, announced Databolt Connect, a purpose-built, lightweight application that facilitates secure, multi-party data collaboration in Databricks. Available in the Databricks Marketplace, an open marketplace for data, analytics, and AI, powered by OpenSharing, Databolt Connect provides privacy-preserving linking of sensitive datasets to enable groundbreaking research and analytics."
FedNow: These Use Cases and Industries Are Poised for Instant Payment Growth
Federal Reserve
"There are many industries that could benefit from instant payments and endless use case possibilities. Here’s a quick rundown of use cases gaining traction and the industries poised for instant payment growth: Auto loans; property & casualty insurance payouts; real estate transactions; emergency payments; payroll and earned wage access; and digital wallets."
Visa Expands Click to Pay with Revolut, Bringing Frictionless Online Checkout to Millions Across Europe
Intelligent CIO Europe
"Visa has launched Click to Pay for eligible Revolut Visa cardholders marking a significant scale moment for Visa Click to Pay in Europe. Click to Pay is a global standard and capability for online checkouts that removes the need to manually enter card numbers, passwords or one-time codes. Designed to work across devices, browsers and participating merchants, it allows Revolut customers to pay seamlessly at checkout with any merchants participating in Click to Pay – both domestically and when shopping online internationally."
Paze Launches Valuable Promotion: Spend $10, Get $10 Back — Available up to 10 Times
Upgraded Points
"Paze® has rolled out a promotion for online checkout. As of June 15, 2026, eligible consumers will earn a $10 statement credit when they spend $10 or more using Paze at eligible online merchants. The offer can be redeemed up to 10 times per eligible card, allowing eligible consumers to earn up to $100 in statement credits through September 10, 2026. Qualifying statement credits will appear on a future billing statement. You don’t need to activate this offer. Just make sure the total on the final screen is at least $10, then check out with Paze."
Akamai Unveils Agentic Security Framework to Power Trusted AI-Driven Interactions and Commerce
Akamai
"As AI agents increasingly act on behalf of users, every request raises critical questions of identity, intent, and trust. To address this, Akamai announced its unified agentic framework for its Bot & Agent Control solutions, which connects identity, observability, trust, and edge security into a single, real-time decisioning layer to power scalable AI-driven interactions at the edge. Enhanced visibility allows organizations to distinguish, manage, and monetize agentic traffic."
Adyen Announces Adyen Agentic As the Universal Translator for the Next Era of Commerce
Adyen
"Adyen announced Adyen Agentic, a suite of modular APIs that enables enterprises to sell through conversational AI platforms without rebuilding their commerce systems for each new channel. Adyen Agentic introduces three layers – Agentic Feed, Agentic Cart, and Agentic Payments. Adyen Agentic is designed to be that universal translator. Merchants integrate once. Adyen translates that single integration across every agent platform, protocol, and payment method."
With Stripe, AWS Enables AI Agent Payments for Content Owners and Publishers
Stripe
"Stripe announced that it will be providing the financial infrastructure for a new AWS Web Application Firewall (WAF) capability that enables content owners to monetize AI agent traffic. When an AI bot or agent requests a protected resource like an article, a data feed, or a licensed archive, AWS WAF returns a machine-readable HTTP 402 Payment Required response. The response contains prices to access the content, accepted payment methods, and license terms. The agent pays to access the content. Coming soon, content owners will be able to receive funds directly in their bank accounts via Stripe."
Stripe Is Quietly Building the Infrastructure That Makes Stablecoins Unavoidable for Global Commerce
Startup Fortune
"Stripe is expanding stablecoin payments to over 160 countries, partnering with Shopify to bring USDC settlement to millions of merchants, and reportedly joining Visa and Mastercard in a joint stablecoin platform. With $9 trillion in stablecoin payment volume processed in the past year, the infrastructure race has moved well beyond pilots."
GoCardless Powers Open Banking Payments Within Intelligent Billing Platform
Open Banking Expo
"Bank payment company GoCardless has become the exclusive integrated payment provider for Intelligent Billing, a specialised billing and data processing platform designed for complex recurring revenue models. GoCardless will provide direct debit and Open Banking payment services directly within the Intelligent Billing platform, enabling telecoms operators and managed service providers (MSPs) to automatically initiate, manage and reconcile their payments."
June 15, 2026
Top Post
Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform for Local and Cross-Border Commerce
Nuvei
"Nuvei and Payoneer announced they have entered into an agreement under which Nuvei will acquire Payoneer. A key component of this infrastructure is Payoneer’s established regulatory footprint across major jurisdictions around the world. Payoneer holds multiple licenses and authorizations, including licensing for online payment services in mainland China and authorization in principle as a cross-border payment aggregator in India under the Reserve Bank of India’s regulatory framework."
On the web
ACI Worldwide and EPI to Power Instant Payments in Europe
ACI Worldwide
"ACI Worldwide has joined the European Payments Initiative (EPI) as a technical service provider and will integrate EPI’s Wero wallet solution onto ACI’s best-in-class Payments Orchestration Platform. Through this strategic collaboration, merchants and financial intermediaries across Europe will be able to offer Wero as a new payment method to consumers and businesses."
JPMorgan Chase Plans to Deploy More Powerful AI Agents This Year
CNBC
"JPMorgan Chase plans to deploy AI agents later this year that can operate autonomously for hours at a time, CNBC has learned exclusively. AI agents are evolving from tools that complete single tasks to digital workers that manage workflows across multiple steps and disparate software programs. JPMorgan says AI is already boosting business results, including a 20% increase in private banking gross sales, and could eventually allow bankers to expand client coverage by as much as 50%."
Ant Group Overhauls Alipay With AI Agent Interface To Challenge WeChat’s Billion-User Dominance
Foreign Policy Journal
"Ant Group is testing a redesign of its Alipay super app that would introduce an AI agent interface at its core. The design allows users to ask the Alipay AI to book a car ride, order coffee, or arrange food delivery by typing or speaking requests. The AI assistant, pronounced “Ah Bao” in Chinese, will also be capable of performing money-management tasks. Tencent is also testing a prototype AI agent within WeChat, setting the stage for competition between two platforms that each serve more than a billion users."
Mastercard on Central Bank Rails: What the TIPS Pilot Means for the Payments Industry
LeapRate
"Two weeks ago, Mastercard quietly did something that would have been impossible eighteen months ago. Its Mastercard Move platform processed live payments settled atomically in central bank money — simultaneously completing both legs of a euro-to-Danish-krone exchange on the ECB’s TARGET Instant Payment Settlement platform. No correspondent bank in the middle. No overnight settlement risk. Final, simultaneous settlement in central bank money. It may not have generated the headlines it deserves."
June 12, 2026
On the web
Square Financial Services Introduces 3.50% APY High Yield Savings for Square Sellers
Block
"Square Financial Services, Inc., a wholly owned subsidiary of Block, Inc. announced the launch of Square High Yield Savings, a new deposit tier that pays 3.50% APY to Square sellers who maintain a daily balance of $10,000 or more in their Square Savings account. The rate is more than eight times the national average savings account rate."
Stripe Helps UK Businesses Sell Globally and Build for the AI Economy
Stripe
"Stripe shared new tools to help UK businesses sell globally from expanded multi-currency treasury capabilities to new fraud defences, and the ability for UK businesses to sell across multiple AI agents through a single integration. Stripe has expanded Stripe Treasury to let UK businesses hold, convert, and move money across GBP, EUR, and USD from a single account, and pay out to suppliers in over 100 countries with just an email address. Businesses on Stripe can now automatically localise pricing for international customers with Adaptive Pricing."
Europe’s Most Valuable Fintech Faces Banking-Supervision Reality
EU Today
"The issue is not whether Revolut is a successful fintech. It is one of Europe’s most prominent technology businesses. The London-based company has secured a full UK banking licence after a prolonged regulatory process, and has built a business that extends beyond foreign exchange and card payments into savings, investments, crypto, lending, subscriptions and other financial products. The question is whether the internal controls of a fast-moving digital bank can keep pace with the scale and complexity of the products it wants to sell."
Cash App Launches $40 Mobile Virtual Operator (MVNO) to Deepen Fintech Ecosystem
Tech Buzz
"Cash App, owned by Block, is jumping into the mobile carrier business with a $40-per-month unlimited 5G plan. The move mirrors Klarna's 2025 playbook almost perfectly. It's rolling out to select users now, with broader availability coming in the next few months as the fintech giant tries to become the everything app for its user base. Cash App just became the latest fintech company to bet that your phone bill belongs in your banking app."
June 11, 2026
Top Post
Zelle® Heads to India, Unveils ZelleUSD Stablecoin For Other Markets
Early Warning
"Early Warning Services LLC, the network operator of Zelle, announced that India will be the first country where U.S. consumers can use Zelle to send money overseas. As the world’s largest recipient of remittances, India is an important corridor for millions of American consumers who regularly send money to the country. Availability is expected before the end of this year. Additionally, the company unveiled ZelleUSD (ZLUSD), its proprietary U.S. dollar-backed stablecoin. ZLUSD will support future international payment capabilities in other markets to be announced."
On the web
Adyen to Acquire Orb to Unify Billing and Payments Infrastructure for Enterprise Merchants
Adyen
"Adyen announced it has entered into a definitive agreement to acquire enterprise billing platform Orb through a reverse triangular merger. Upon closing, Orb will become an indirect, wholly owned subsidiary managed under an incubator model. The total consideration for the transaction is $335 million, which Adyen will finance entirely from available cash resources. Headquartered in San Francisco, Orb provides an infrastructure engine that tracks real-time usage data and translates complex pricing contracts for global enterprises."
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."
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."