US Bank expands embedded payment capabilities to challenge fintech rivals
US Bank quietly takes aim at BaaS providers with enterprise-grade embedded payment launchUS Bank expanded its embedded payments infrastructure on June 17, making a...
GENIUS Act passes Senate, setting stablecoin rules in motion
New legislation sets clear federal rules for stablecoin issuers and reservesThe US Senate passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS)...
Revolut readies AI spending tool days after Starling Bank launch
AI assistants appear to be the next focus for how the technology can improve payments, with several large fintechs making moves in recent weeks.Revolut...
Thailand expands PromptPay with Mastercard in new deal
New agreement aims to strengthen PromptPay and support digital inclusionMastercard and National ITMX (NITMX) have signed a new multi-year agreement to extend their collaboration...
OKX lands in Germany and Poland following MiCA clearance
OKX has begun its expansion into Europe by launching its crypto exchange in Germany and Poland off the back of securing a regulatory license...
PIX Automatico launches recurring payments for 60m Brazilians
Brazil's national instant payment system PIX has expanded its coverage to cover credit with the launch of PIX Automatico on June 16.Acting as a...
MoneyGram pays $250,000 over money transfer lawsuit
Despite the Consumer Financial Protection Bureau (CFPB) dropping out of its lawsuit against MoneyGram, the international remittance company has still faced repercussions.MoneyGram has settled...
UK outpaces Europe on crypto front
Despite the European Union introducing the world’s first crypto regulatory framework, it is the UK that is ahead of its European counterparts.Ninety-five percent of...
OpenPayd partners with Circle to offer stablecoin payments
New partnership will connect fiat and USDC, but market impact remains unclearOpenPayd has announced a partnership with Circle, the issuer of the USDC stablecoin,...
BNPL reputation battle moves to the US Courts
As Sezzle takes Shopify to court over claims of reputational sabotage, new data from the CFPB challenges the assumptions underpinning BNPL’s critics. When Sezzle filed...
