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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 10, 2026
Top Post
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
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."
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."
June 9, 2026
On the web
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."
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."
June 8, 2026
Top Post
Apple Is Fixing the Headache of Splitting the Bill with Its New Siri in Camera Feature
TechCrunch
"There’s nothing worse than going to a dinner with a group of friends, opting out of drinking to save money, but then having to pay for friends’ martinis when the group decides to split the bill evenly. You don’t want to come off cheap and make everyone wait while you recalculate the bill. Apple unveiled a solution for that at WWDC 2026. With the feature, you can point your iPhone camera at a receipt. Then Siri mode in the Camera app will make each item selectable to keep track of who got each item, and send people separate Apple Cash payment requests depending on what they ordered."
On the web
Visa Launches “Agentic Ready” Program in UAE to Accelerate Agent Led Commerce
Visa Middle East
"Visa announced the launch of its global Agentic Ready program in the United Arab Emirates, supporting the local industry’s appetite for advancing AI-driven commerce. This launch is part of a broader rollout of the Agentic Ready program across Central and Eastern Europe, Middle East, and Africa (CEMEA). In its first phase, Visa Agentic Ready enables issuers to test and validate agent-initiated transactions in a controlled, production-grade environment, helping them prepare for broader adoption as demand grows."
On the wires
Zoooom Launches Stripe-Powered 'Secure Payments' for Private-Party Car Sales
PR Newswire
"Zoooom announced the launch of Secure Payments, a fully integrated, Stripe-powered checkout that allows private-party car buyers to pay by bank wire, credit card, or installments through Klarna—and enables sellers to get paid securely—without ever leaving the platform. Zoooom becomes the first platform to deliver a fully verified peer-to-peer automotive marketplace where the buyer, the seller, and the vehicle's title are all authenticated before a single dollar moves."
June 5, 2026
On the web
OQC, JPMorganChase and AMD Commence Research Collaboration to Develop New Quantum-AI Platform in London
JPMorganChase
"OQC, JPMorganChase and AMD today announced a research collaboration leveraging a new and dedicated Quantum-AI Data Centre, built by OQC in London. JPMorganChase researchers will test near-term quantum and hybrid quantum-classical computing applications via a secure enterprise environment to examine how quantum computing, AI and high-performance classical infrastructure can work together on complex financial services challenges."
Visa And Mastercard Collaborate On New Stablecoin Platform
Yahoo Finance
"Credit card giants Visa and Mastercard are reportedly close to introducing a new stablecoin platform. Media reports say that global payment network Stripe and U.S. cryptocurrency exchange Coinbase Global (NASDAQ: $COIN) also plan to participate in the stablecoin platform. Stablecoins are cryptocurrencies whose value is pegged to another asset, usually the U.S. dollar."
Adyen Selected as Payment Services Provider for GOV.UK Pay
Adyen
"The Government Digital Service (GDS) has appointed Adyen as the new payment services provider (PSP) for non-Crown card payments and pay by bank services. GOV.UK Pay, the government’s online payment service built by GDS, enables public sector organisations to take payments quickly, securely and accessibly. The new agreement will see public sector organizations, including local councils, armed forces and police, transition from Stripe to Adyen for their GOV.UK Pay processing."
New Enhancement to Nacha’s Risk Management Portal Helps FIs Keep ACH Contacts Current
Nacha
"A new enhancement is now live, giving financial institutions an easy and reliable way to verify that their ACH Contact Registry information is accurate and up to date. FI Administrators that navigate to the ACH Contact Registry landing page will be prompted to verify their mandatory contact information via a new feature, only if they are compliant with the Nacha Rules:"
Small Business Sales Edge Upward in May as Foot Traffic Continues to Slow, Fiserv Data Shows
Fiserv, Inc.
"Fiserv, Inc. has published the Fiserv Small Business Index for May 2026, indicating that U.S. small business sales growth in May was driven primarily by higher average ticket sizes amid persistent cost pressures, while consumer foot traffic continued to soften. Small business sales rose (+0.7%) year over year, driven by average tickets that climbed +3.1% compared with 2025. Transactions declined (-2.4%) year over year, marking the seventh consecutive month of declining foot traffic. Compared with April, sales were flat (+0.0%) and transactions declined slightly (-0.2%)."
Education: J.P. Morgan Payments: How Payments Ate the World [Video]
JPMorgan
"It’s 2010. The fastest way to move money on the same day from New York to London is to catch a flight and carry it with you. Over 90% of all transactions globally still happen in cash. Ecommerce is a niche industry, and sales are less than five percent of global retail. It’s crazy that this was only 15 years ago. Now, two-thirds of all payments globally are digital—around 1.5 trillion transactions per year. With a simple tap of a card people can pay for a practically limitless array of goods and services from virtually any location on the planet. So how did we get from there to here? This is the story of how payments ate the world..."
June 4, 2026
Top Post
Bank of America to Launch Cross-Border Real-Time Payments, Expanding Global Payment Choice [Video]
Bank of America
"Bank of America announced plans to launch a cross-border real-time payments solution that will enable its corporate, commercial and financial institution clients to send and receive funds instantly through Swift or the bank’s flagship digital platform, CashPro®. The service will offer real‑time payment tracking, full-principal preservation and lower costs. The service is expected to launch next quarter and will support high‑volume, low‑value international payments and use cases such as international remittances, gig‑worker payouts, and e‑commerce marketplace vendor payments, among others."
On the web
Flutterwave Partners With Blockchain Network Tempo to Cut Costs on African Payments
Tech Labari
"Africa’s largest payments company is betting on blockchain to fix one of the continent’s most persistent financial headaches: the high cost and slow speed of moving money across borders. Flutterwave, which processes transactions across 34 African countries, announced on Wednesday a partnership with Tempo, a blockchain network backed by Stripe and Paradigm, to build a stablecoin-based infrastructure for cross-border payments into and across Africa."
New Gold-Backed Visa Card Lets Users Earn 6% Cashback
Yahoo Finance
"Popular digital assets company Tether announced the launch of a gold-backed neobanking Visa card in collaboration with the digital banking and investment platform Fasset on June 3. Tether said the card allows users to earn 6% cashback in the form of its XAUT stablecoin."
Visa and Brale Explore Private Stablecoin Settlement for Institutional Payments
Visa
"Visa announced a collaboration with Brale to explore stablecoin-based settlement using SBC, a U.S. dollar-backed stablecoin issued by Brale, on the Canton Network. The proof of concept will evaluate how privacy-enabled blockchain infrastructure can support faster, more programmable settlement while helping financial institutions and payment companies maintain control over the visibility of sensitive settlement transaction data."
CORA Group Acquires Finastra’s Phoenix Core System, Malauzai Digital Banking and Fusion Analytics Businesses
Finastra
"CORA Group, a portfolio of Jonas Software, an operating group of Constellation Software, announced that it has acquired Finastra’s U.S. Mid-Market banking business, which includes core banking, digital banking and related businesses. The solution brands include: Phoenix Core Banking System, MalauzAi Digital Banking, Analyzer IQ, and Enterprise Content Management (ECM)."
Fireblocks Flow: Enabling Merchants to Accept Stablecoin Payments
Fireblocks
"Fireblocks Flow, is a stablecoin acceptance infrastructure for PSPs and fintechs. Plug Flow into the checkout or deposit flows already running, and start accepting stablecoins and crypto from any wallet and settle in the stablecoin of your choice. Businesses will increasingly receive payments in stablecoins. Consumers will keep paying from whatever wallet or asset they use. Flow is the infrastructure that makes both possible."
Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One
Converge
"The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform — a tier-one fintech entering US banking with stablecoins designed in, not bolted on."
June 3, 2026
On the web
Anthropic Scales Claude Mythos to Critical Infrastructure in 15+ Countries
TechCrunch
"Anthropic is expanding Project Glasswing, its joint industry initiative to find and fix critical software vulnerabilities using AI, to about 150 new organizations across more than 15 countries, the company said Tuesday. The expanded group includes organizations in countries friendly to the U.S., including Australia, Canada, France, Germany, Italy, Switzerland, the Netherlands, Spain, Belgium, Sweden, India, Japan, New Zealand, and South Korea, according to Financial Times, citing a person familiar with the matter."
Mastercard Expands Settlement Capabilities to Include Stablecoin, Intraday, Holiday and Weekend Options
Mastercard
"Mastercard announced plans to expand its settlement capabilities with additional intraday, weekend and holiday card settlement, supporting both fiat currencies and on-chain card settlement using regulated stablecoins. ARQ, CBW Bank, Cross River, Lead Bank and Nuvei are expected to be among the first to support stablecoin settlement optionality in the United States and Latin America, with further expansion planned through 2026."
Revolut Offers Visa and Mastercard with No Visible Card Number as a New Security Feature
NotebookCheck
"The neobank Revolut has rolled out a new security feature in its app. According to an in-app announcement, users ordering a new debit card—whether Visa or Mastercard—will no longer have the card number printed on the physical card. However, it will still be possible to opt for a card with the number printed on it if desired. When paying with this card in public, users no longer risk someone copying the card number, security codes, and expiration date, or filming them with a security camera, smart glasses, or a smartphone. The numberless card thus catches up with Apple Pay and Google Wallet."
2026 Diary of Consumer Payment Choice Reveals Stable Consumer Preferences amid Technological Change
The Federal Reserve
"Federal Reserve Financial Services recently released the 2026 Diary of Consumer Payment Choice , an annual study of U.S. consumers’ payment habits. The findings show that U.S. consumers’ use of payment methods has remained stable amid technological change and other activity in the payments ecosystem. For the sixth year in a row, cash was the third-most used payment instrument, accounting for about 1 in 7 payments."
On the wires
XTransfer Partners with BBVA
PR Newswire
"XTransfer and BBVA have signed a Memorandum of Understanding (MOU) during Money20/20 Europe 2026 in Amsterdam to deepen cross-border payment infrastructure across Latin America and Europe. Under the MOU, XTransfer and BBVA will combine their respective strengths to explore the delivery of integrated cross-border financial solutions, spanning FX conversion, local payments and cross-border payments across Latin America, Europe and Hong Kong SAR."