October 2025 – Page 5

Starling to Invest $50 Million in Engine’s Americas Expansion; Appoints Jody Bhagat as Leader of Initiative

Starling Bank's SaaS division, Engine, has appointed industry expert Jody Bhagat to spearhead its growth in North America. Before joining Engine, Bhagat served as president...

Bank of America Launches GenAI Assistant for Global Payment Solutions

Bank of America has launched an AI assistant designed to assist staff in addressing complex queries from institutional users of its Global Payments Solutions product....

Visa Direct to Test Pre-Funded Stablecoins

Visa is set to provide financial institutions with an essential upgrade for cross-border payment capital movement through a pre-funding stablecoin platform. The card scheme plans...

Creating the Bank of the Future

Following the popular session on building the future of banking at Sibos 2024, Megha Kansal from McKinsey moderated a follow-up discussion on recent developments in...

Stripe and Brex Take Steps into the Stablecoin Arena

Payments giant Stripe and corporate spend management player Brex have unveiled products that bring stablecoins closer to mainstream adoption. Stripe has introduced Open Issuance, a...

PayOS and Mastercard Achieve Milestone in Agentic Payment Transactions

PayOS and Mastercard have successfully completed an autonomous agentic payment transaction using a Mastercard Agentic Token. The transaction was executed through Mastercard Agent Pay, leveraging...

Over 50% of Brits Now Utilize Mobile Wallets

A cash usage continues to dwindle, with more than half of Brits now using mobile wallets for online and contactless payments. According to UK Finance...

Chainlink and UBS Showcase On-Chain Connectivity through SWIFT

Chainlink has revealed technology that allows financial institutions to utilize SWIFT messages for directing on-chain token transfers, making the messaging network compatible with nearly all...

Mastercard Leverages Transaction Data to Launch Advertising Platform

Mastercard has introduced a digital media network that utilizes permissioned transaction data to provide personalized advertising. Mastercard Commerce Media aims to eliminate the guesswork in...

Viamericas Secures $113.6 Million to Expand Remittance Network

US-based remittance and international money transfer firm Viamericas has successfully raised $113.6 million in a funding round led by Old National Bank. Bank of Oklahoma...