Visa, Stripe among firms linking up on mainstream stablecoin
Visa Inc., Stripe Inc. and Bank of New York Mellon Corp. are among dozens of financial firms linking up to...
Payments
Apple Pay will let shoppers check out using American Express points
American Express Co. will now allow US cardholders to use points on Apple Pay, Apple Inc.’s digital wallet and contactless payment service. The feature...
Musk starts expanding X payments to more users after delay
Elon Musk is expanding access to digital payment venture X Money to a subset of premium users on social network...
Austin tech leader, Capital Factory CEO Joshua Baer dies in plane crash
Joshua Baer, founder of Austin, Texas-based venture capital firm Capital Factory, died June 16 in a plane crash. He was 50. Baer was among six people — four...
Europe fights to loosen America’s grip on payment systems
American companies dominate the invisible system that facilitates global payments. Tap a card in a Paris cafe, and, within seconds,...
Swift names Michael Manos chief information officer
Global financial messaging provider Swift has appointed technology executive Michael Manos as its chief information officer. Manos will oversee Swift’s...
Mastercard launches Agent Pay for Machines
Mastercard on June 9 launched Agent Pay for Machines, a new payments service designed to handle transactions executed by AI...
J.P. Morgan Payments not worried about escalating token cost, exec says
J.P. Morgan Payments is not sweating runaway AI token costs as the firm continues scaling AI usage internally and externally. As financial institutions grapple...
Inside look: AWS’ agentic payments tool for developers
Financial services providers are early adopters of Amazon Web Services’ Amazon Bedrock AgentCore, an agentic AI payments tool that streamlines processes for developers by independently making payments. National Australian Bank and data analytics firm LexisNexis are...
Finastra’s OperatorAssist saves 1.5 hours a day per payment operator
Finastra is seeing high adoption for its OperatorAssist, an AI-powered tool designed to help bank operators resolve payment exceptions faster. The tool, launched in...
