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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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April 27, 2026

Top Post

Musk Vies to Turn X Into Super App With Banking Tool Near Launch

Yahoo Finance

"More than three years after acquiring Twitter, Elon Musk says he’s nearing his long-stated goal of turning it into an “everything app” with a new financial services tool that he pledged to launch for the public this month.  X Money, a banking and payments platform built inside the social network now known as X, is expected to make its early public access debut imminently, based on the timeframe offered by Musk last month."

On the web

American Express Partners with Anthropic to Make U.S. Resy Restaurants Discoverable in Claude

American Express

"Claude users can now explore U.S. Resy restaurants directly in their conversations when deciding where to eat. Whether it’s a low-key dinner in the neighborhood or an all-out special occasion, Claude connects to Resy to help diners browse available tables in real time and secure a table seamlessly.  This partnership also reflects American Express’s focus on creating AI-powered experiences for Card Members and embedding its unique assets, like Resy, into leading AI platforms."

Nexi and Visa Partner to Deliver Nexi Ready Issuing Services In Germany

Nexi Group

"Nexi, the European PayTech, and Visa, a global payments technology company, announced a strategic partnership to scale managed issuing solutions in Germany, enabling banks to accelerate the modernization of card issuing. The long-term strategic agreement will allow Nexi to provide end-to-end managed issuing products for banks offering customers a full range of Visa cards. Banks will benefit from faster time-to-market, continuous access to innovation, and a high-quality customer experience."

PACE Act: What It Means for Access to U.S. Payment Infrastructure

Modern Treasury

"The Payment Access and Consumer Efficiency (“PACE”) Act, is a bill that would create a pathway for certain nonbank payment providers to directly access Federal Reserve payment systems, including Fedwire, FedNow, and ACH. At the center of the PACE Act is the creation of a new category: “registered covered providers.” Eligibility is not open-ended. To qualify, a company must already operate at meaningful scale and regulatory maturity. For example, a “covered provider” includes firms that: Hold at least 40 active state money transmitter licenses, or operate under a state bank or credit union charter."

April 24, 2026

Top Post

FedNow® Service Network Intelligence API Launching on April 28

Federal Reserve

"Federal Reserve Financial Services (FRFS) announced its latest risk mitigation tool, a new network intelligence API, will launch on April 28 for early adopters of the tool. The API provides financial institutions and service providers with receiver account-level data observed over the service, adding an extra layer of information to help participants assess the risk of a potential payment."

On the web

RBI Cancels Paytm Payments Bank Licence

The Indian Express

"The Reserve Bank of India said Friday that it has cancelled the banking licence issued to Paytm Payments Bank Limited, over two years after ⁠it imposed business curbs over violations. While the ​bank remains operational, its ⁠activities are severely limited to processing withdrawals of existing deposits and facilitating loan referrals ‌through ⁠banking correspondents, according to its website. It cannot take fresh ​deposits."

Pace Act: Bill Seeks to Expand Access to Federal Reserve Payment Systems

The National Law Review

"Rep. Young Kim (R-CA) and Rep. Sam Liccardo (D-CA) introduced a bill in the House of Representatives entitled the Payments Access and Consumer Efficiency (PACE) Act. The bill seeks to modernize the payment system by allowing qualified nonbank financial companies, including certain FinTech and digital asset businesses, to directly access Federal Reserve payment infrastructure, including the Fedwire Funds Service, FedNow Service, and FedACH Services. To be eligible to participate, a company must hold a state banking or credit union charter, or it must hold at least 40 active money transmitter licenses issued under state law."

ACI Worldwide and Kinexys by J.P. Morgan Collaborate to Mitigate Global Real-Time Payments Fraud

ACI Worldwide

"As real-time payments adoption accelerates worldwide and fraud risks intensify, ACI Worldwide and Kinexys by J.P. Morgan announced the integration of Kinexys Liink’s Confirm application into ACI Worldwide’s Fraud and Financial Crime solution. The integration embeds account and payee verification directly into payment workflows, enabling banks to help reduce fraud, protect customers, and aims to support safer, faster payments at scale."

China’s Alipay Launches AI Pay for Autonomous Agents

BNE Intellinews

"China's Alipay has launched an AI Pay service allowing autonomous AI agents to make purchases and complete payments on a user's behalf. The service enables so-called OpenClaw-type AI agents to handle transactions after a user authorises the function through voice command and identity verification. The process runs in three steps: a user states a need, confirms the order and authorises payment. Orders can be modified or cancelled at any point with a single command."

Education: Tokenized Deposits vs. Stablecoins: What Banks Need to Know

Alacriti

"Financial markets are moving toward an always-on model. Major exchanges are exploring tokenized securities and near-instant settlement powered by digital assets. Trading windows are expanding, settlement cycles are shrinking, and expectations around liquidity availability are rising. For banks and credit unions, the question is direct: Can traditional liquidity and cash management frameworks support continuous,24/7 settlement?"

Alipay Brings Mobile Payments to the Car

Finews

"At the Beijing International Automotive Exhibition 2026, Chinese tech firm Banma Intelligence and fintech giant Alipay unveiled a new AI-powered in-car system that allows drivers to make purchases using only their voice."

April 23, 2026

Top Post

Adyen to Acquire Talon.one to Enable Real-Time Decisioning Across Commerce Channels

Adyen

"Adyen N.V. announced it has entered into a definitive agreement to acquire 100% of the shares in Talon.One GmbH, a platform for loyalty and incentives serving 300+ global merchants, for a consideration of €750 million. Merchants lack a consistent view of their customers across channels. By combining Adyen’s global payments infrastructure and proprietary transaction data with Talon.One’s real-time decisioning capabilities, merchants can establish a consistent customer identity across channels and apply it in the shopper’s cart."

Zelle® and Truist Pilot Fast, Reliable Bill Payments

Early Warning

"Zelle® announced a pilot with Truist Financial Corp. to evaluate the use of Zelle for bill payments, with Truist teammates participating in early testing ahead of broader consumer availability. The effort explores how greater payment certainty could help simplify one of the most common financial tasks for consumers. This pilot is part of Zelle® Forward, the network’s initiative focused on expanding Zelle into practical, real-world payment use cases, with Truist serving as the lead pilot partner for bill payments."

On the web

Capital One to Pay $425 Million in Settlement

Yahoo Finance

"A judge approved a $425 million settlement in a class action lawsuit against Capital One, with payouts going to eligible Capital One customers. The lawsuit stems from interest rates that Capital One paid to savings account customers. Capital One originally offered a 360 Savings Account before introducing the 360 Performance Savings Account, a high-yield savings account, in 2019. The account holders said Capital One continually paid a higher return on the 360 Performance Savings than on the 360 Savings, though the accounts were the same."

UK Unveils Reforms to Prepare Payments Sector for Future Innovation

Banking Exchange

"The UK government has launched a package of reforms aimed at modernizing payments regulation. A key pillar of the reforms is the integration of payment services and e-money regulation into the UK’s core financial services regime, establishing a single, coherent framework covering both traditional and emerging forms of money, including stablecoins and tokenized deposits. For the first time, stablecoins used for payments will be brought into scope of UK regulation."

The Future of Financial Messaging: Navigating the ISO 20022 Migration Journey

BIS

"The implementation of ISO 20022 addresses inefficiencies in cross-border payments by enabling structured data, reducing message truncation and enhancing straight-through processing. The ISO 20022 migration journey spans pre-migration, migration and post-migration phases. Premigration includes stakeholder engagement and system readiness, while migration focuses on cutovers and reconciliation. Post-migration ensures stability, monitoring and long-term benefits through robust governance."

India to Pitch BRICS Payment System Similar To Brazilian PIX

Watcher

"According to a report from the Revista Forum, India is set to put forward a policy at the BRICS summit to launch a new payment system similar to the Brazilian PIX for cross-border transactions among member nations. This will not be a common currency like the euro, but could mandate central banks to settle transactions directly with each other. The move will make the bloc no longer rely on the US dollar for trade and cross-border settlements."

On the wires

MoneyGram and Stellar Extend Partnership to Scale Real-World Stablecoin Utility Globally

PR Newswire

"MoneyGram and the Stellar Development Foundation (SDF) announced a multi-year extension of their partnership. This milestone marks more than five years of turning stablecoin potential into real-world utility and financial inclusion. Since 2021, MoneyGram and SDF have delivered industry firsts: The world's largest cash on/off-ramp for digital assets The MoneyGram Ramps API, enabling developers to plug into that network A stablecoin balance within the MoneyGram app that gives customers the ability to hold funds or cash out on their own terms"

As Multi-Rail Complexity Grows, ACI Worldwide Delivers One Cloud-Native Platform for Eight U.S. Networks

Business Wire

"ACI Worldwide announced ACI Connetic for eight major U.S. networks on a single, cloud-native platform. ACI Connetic enables connectivity to Fedwire, CHIPS, Swift, The Clearing House RTP, Zelle and FedNow, with Nacha ACH (FedACH and EPN) connectivity expected for customers next year. It also supports stablecoin and tokenized-deposit capabilities, providing a unified approach across traditional, instant and digital-asset payment rails that helps banks reduce the operational burden of running multiple clearing systems."

April 22, 2026

Top Post

ISO 20022 Is Entering Its Next Phase: How Payment Providers Can Prepare for CHAPS 2027

Progress

"The next phase of ISO 20022 is not about supporting a new message format. It is about capturing, governing and acting on structured payment data across customer channels, operations, fraud controls, compliance workflows, and downstream systems. The Bank of England’s policy statement on CHAPS makes that clear. From November 2027, Purpose Codes will become mandatory for CHAPS payments submitted through channels under the direct control of direct participants, building on the requirements already introduced in 2025."

On the web

Russia Advances Sweeping Crypto Bill With Provisions for 'Circumventing Sanctions'

Decrypt

"Russia's State Duma passed a crypto regulation bill, establishing the country's first framework for digital asset regulation while maintaining restrictions on domestic cryptocurrency payments. The legislation would classify cryptocurrency as property, enabling legal protection in court proceedings including bankruptcy and divorce cases. The bill's provisions for cross-border crypto transactions could provide Russian companies a payment mechanism outside traditional banking systems that Western nations have restricted."

Uber and Block Expand Global Partnership to Transform Restaurant Operations and Launch Cash App Pay

Block

"Block, Inc. announced a global partnership with Uber Technologies, Inc. that expands restaurant operations capabilities across multiple markets and payment flexibility in the U.S.  Square's native Uber Eats integration builds on its current availability in the U.S., to include planned expansion to Canada, Australia, U.K., Ireland, France, and Spain. In addition, Cash App Pay will become available as a payment option across both Uber Eats and Uber in the U.S."

European Banks Tap Fireblocks for Mica-Compliant Euro Stablecoin

Cointelegraph

"A 12-bank European consortium led by Qivalis is partnering with Fireblocks to develop a regulated euro stablecoin under MiCA, targeting launch in the second half of 2026. European banks and policymakers are stepping up efforts to reduce reliance on dollar stablecoins in digital payments and settlement, and European banks and corporates are selecting partners and infrastructure providers to accelerate euro stablecoin initiatives across the region."

Visa And TikTok Launch New ‘Creator Card’ To Support The UK’s Next Generation Of Entrepreneurs

Visa

"Visa has partnered with TikTok to launch a debit card specifically designed for content creators in the UK. The first of its kind, the launch comes in response to the UK’s fast-growing creator economy and is designed to give creators access to the financial tools they need to run and grow their business. The new Creator Card gives creators access to tools designed to better separate business and personal finances, and follows Visa’s previous recognition of creators as small businesses and their impact on the digital economy."

Stablecoins Push Into Mainstream Payments as DoorDash Joins Tempo Network

Yahoo Finance

"Stablecoins are edging into mainstream consumer payments, and DoorDash's plan to pay Dashers through the Tempo blockchain is the latest sign that stablecoin payments are moving from crypto circles to production payment rails. The Tempo network, incubated by Stripe and crypto investor Paradigm is built specifically for stablecoin transfers rather than general smart contract activity. DoorDash joins an early lineup that includes Shopify, OpenAI, Visa, Mastercard, Klarna, UBS, Fifth Third Bank, and Howard Hughes Holdings."

Singapore’s Metacomp Rolls Out AI Agent Governance Framework for Financial Institutions, Regulators

Blockhead

"Singapore-based financial services firm MetaComp has launched what it describes as the first governance framework for AI agents operating in regulated financial services, introduced at Money20/20 Asia. Alongside the framework launch, MetaComp announced the expansion of its AgentX agentic financial services Skill ecosystem, described as the first such ecosystem from a licensed financial institution, available from today across Claude, Claude Code, OpenClaw, and other compatible AI platforms via the Model Context Protocol."

April 21, 2026

On the web

TD Visa Credit Card Customers Will Be the First in Canada to Use Virtual Card Numbers Through Google as a Payment Option on Google Chrome

Yahoo Finance

"TD Bank Group (TD) announced the availability of Virtual Card Numbers through Google as a payment option for online shopping on Google Chrome and in-app shopping. This makes TD the first Canadian financial institution where TD Visa Credit Cardholders will have the option to make online purchases without sharing their payment card details with merchants with the use of Virtual Card Numbers through Google Chrome."

On the wires

Alogent Receives Federal Reserve Authorization to Directly Exchange X9 Check Image Files for Banks and Credit Unions

PR Newswire

"Alogent announced it has been authorized by the Federal Reserve to send and receive X9 check image exchange files on behalf of its financial institution clients, enabling end-to-end check presentment and returns without the need for intermediary processors. This direct connectivity allows banks and credit unions to consolidate capture, processing, clearing, settlement, and returns within a single, integrated Alogent platform."

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