NotFinancialAdvice

The G20 aims to enhance cross-border payments, but challenges persist due to outdated systems and the correspondent banking model. Swift's new rules improve efficiency, targeting consumer and small business needs, with hopes to meet G20 efficiency goals by 2027.

All indications are that 2026 credit card growth is upward, healthy, and under control, but watch out for rapid growth in unsecured installment loans. The good news is that these loans transfer high-risk credit card receivables to installment lenders. The bad news i

Late payments are more than just a headache for businesses—they contribute to thousands of closures each year.
Data from UK fintech Funding Circle estimates that roughly 14,000 businesses in the UK fail annually due to the knock-on effects of delayed payments—the e

Capital One is beginning to integrate its credit card offerings onto the Discover network, issuing cards like Savor and Quicksilver to new customers. Existing cardholders will transition when their current cards expire. The integration is cautious, with premium cards still on Visa and cobranded partnerships remaining unchanged. Full consolidation is expected to take five years.

The essay discusses the first fully agentic payment made by an AI in Spain through Banco Santander, highlighting its significance in regulated banking. It details Mastercard's expansion of its Agent Pay platform, ongoing pilot tests, and emphasizes the need for strong controls to mitigate risks as AI agents take on greater roles in commerce.

Three Irish banks are launching a new peer-to-peer (P2P) payment service Zippay, which is going live this week. The platform is designed to compete with Revolut, which already has around 3 million P2P users in Ireland.
Zippay will initially be available to more

The business case for adopting real-time payments in enterprise settings is compelling. Instant settlement drives efficiency in processes long built around paper checks, while also giving organizations unprecedented control over

Fintechs didn’t just build better products over the past decade, they built better ways for developers to access them. Developer portals became a key growth lever, helping fintechs scale faster and attract top talent. Today, as banks modernize legacy systems and

Real-time payments have yet to become a true retail mainstay in the U.S., but trillions of dollars moved across the FedNow and RTP networks last year. Both networks recently increased their transaction limits to $10 million, dramatically expanding enterprise use

Just a few years ago, more than one hundred countries were exploring central bank digital currency (CBDC) projects. Many of those initiatives were later shelved as privately issued stablecoins rose to prominence.
However, there are signs that CBDCs are gaining

The UK's £100 cap on contactless payments is being lifted, but banks may maintain existing limits due to fraud concerns. As contactless payments dominate, mobile wallets remain exempt from limits, offering more secure transactions.

Sending money across borders has traditionally meant navigating delays, fees, and uncertainty. Digital assets are rewriting that experience. They reduce reliance on currency conversions, provide greater visibility into transactions, and drastically lower fees and se

In a long-awaited announcement, the Securities and Exchange Commission has adopted a largely hands-off approach to regulating cryptocurrency. In coordination with the Commodity Futures Trading Commission (CFTC), the SEC declared that most digital assets will not

ACH is a critical part of the U.S. payment infrastructure, driving a significant portion of transaction volumes and supporting important use cases such as supplier payments, payroll, and many others. Despite competition from newer rails that serve similar

For many small business owners, the workday doesn’t end when customers leave. It continues late into the evening—logging into multiple dashboards, exporting spreadsheets, reconciling transactions, and trying to make sense of scattered financial data.
In the

The European Union has made overtures to Turkey about joining the Single Euro Payments Area (SEPA), though Ankara has yet to respond.
An EU envoy suggested that participation in the payments system could deepen Turkey’s integration with the European economy and

Artificial intelligence has rapidly stretched the limits of the traditional computing model, as it demands substantial infrastructure and resources to operate.
A potential solution lies in quantum computing, which leverages the principles of quantum mechanics to mo

Amid a flood of stablecoin launches, many of the world’s leading financial services firms continue to champion tokenization.
Robinhood’s CEO highlighted the technology’s industry-transforming

A proposed ban on credit card surcharges in New Zealand, set to take effect in May, appears to be on its last legs after a key political party withdrew its support.
New Zealand introduced legislation last year to ban in-store surcharges on both card and

Stripe is betting that the next evolution of payments won’t be drive by humans, but by autonomous AI agents transacting on blockchain rails.
Blockchain has become a core component of the financial services infrastructure, underpinning everything from stablecoins to