PAYMENTS ON FIRE RESOURCE CENTER
Smart thinking for smart payments professionals
Payments On Fire is the industry’s leading resource center for payments professionals. Here, you’ll find the resources and thought leadership that only Glenbrook’s experienced team can provide. Curated news stories, insightful opinion papers, provocative podcasts, and more – it’s all the thinking you need to stay competitive in a dynamic payments world.
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June 5, 2026
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 […]
Colorado Bill To Cut Sales Tax from Interchange Calculation Vetoed
Digital Transactions
“Colorado’s SB 26-134, a bill that would have eliminated sales tax as part of the interchange-fee calculation, has been vetoed by Gov. Jared Polis. SB 26-134, similar to the Illinois Interchange Fee Prohibition Act, would have taken effect Jan. 1, 2028, had Polis approved it. The contentious Illinois law, which has been delayed again to […]
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 […]
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 […]
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% […]
JPMorgan, Citi, and BofA Build Blockchain Network to Challenge Stablecoins Dominance
Coinpedia Fintech News
“The stablecoin market has grown from a crypto experiment into a potential threat to traditional banking. Therefore, now, JPMorgan, Bank of America, Citi, and other major lenders are jointly preparing a blockchain-based deposit network designed to keep customer money inside banks. According to reports, America’s largest banks are working on a shared tokenized deposit network […]
Introducing Cash App TAGS: A New Way to Pay
Business Wire
“Cash App is launching a new payment form factor that’s changing the shape of money. Cash App Tags are NFC-enabled, physical payment accessories that let customers pay without having to reach for their phone or card. The first-edition Cash App Tag—the pearlescent Cash App Wand—is now available for Cash App Card holders to purchase in […]
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 […]
June 4, 2026
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 […]
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.”
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 […]
Instant Payment Platform Tops One Million Daily Transactions: EthSwitch
The Reporter Ethiopia
“EthSwitch, Ethiopia’s national payment switch, said its instant payment platform processed more than one million transactions in a single day, marking a milestone in the country’s push to expand digital payments and financial inclusion. The platform, EthioPay-IPS, handled transactions worth more than five billion Birr on the record day. The announcement comes as Ethiopia accelerates […]
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 […]
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).”
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