Debt
Digital Yuan Will Be Centerpiece of China’s Cross-Border System
China is accelerating its push to build an alternative infrastructure for international payments. Its latest move is the commercialization of...
Open Banking Has Made Payment APIs a Burgeoning Revenue Stream
Banks and fintechs rely on each other in many ways, but this hasn’t stopped both sides from jockeying for top-of-wallet...
AML Crackdown Continues with Closing of UK Payment Processor
Government regulators around the world continue to intensify efforts against money laundering. In a first-of-its-kind case, Britain’s Financial Conduct Authority...
Barclays Targets Future Customers Through GoHenry UK Acquisition
The race to capture the next generation of banking customers is no longer confined to fintechs. Barclays is making a...
ChatGPT Adds Visa Integration for AI-Assisted Purchases
ChatGPT is shifting from a tool that helps compare products to something closer to a personal shopper, following a new...
Game Over: Amid Fraud Woes, Steam Cancels Its Physical Gift Cards
Gift card fraud has claimed another victim. Valve is pulling physical gift cards for its popular Steam gaming platform, saying...
Coinbase’s Stablecoin-Backed Credit Card Seeks a Niche Market
Stablecoins have made their way into the credit card market with the launch of Coinbase’s new card, which allows users...
ING Completes Europe’s First Fully Agentic Transaction
An AI agent has completed what ING describes as Europe’s first end-to-end agentic payment transaction, making a milestone for the...
Bank of America Unveils Instant Cross-Border Payments
Sending money across borders has historically meant waiting days for funds to arrive. Bank of America is betting that doesn’t...
Whether Physical or Digital, Debit Cards Are a Payments Mainstay
Card-not-present transactions may be rising, but this is far from a referendum on debit products. Instead, the growth of e-commerce...
Cash App Turns a Viral Trend Into a New Payments Product
Cash App is launching a “magic wand” for payments, inspired by a social media trend in which people posted videos...
The Crypto-Based Mortgage Is Now a Reality
Coinbase and the home lender Better are rolling out crypto-based mortgages—and have already completed the first one. According to Yahoo...
