Germany’s financial regulator has fined Wise Europe SA a total of €16,000 after finding that the payments company failed to meet reporting and consumer-disclosure requirements tied to payment accounts offered…
EURR Starts With Limited European Rollout Revolut has begun rolling out its first euro-backed stablecoin, EURR, giving selected customers in Denmark, Poland and Portugal access to a token designed to…
HashKey Exchange and digital asset insurer OneInfinity are expanding their relationship into stablecoin payments, with plans to test Hong Kong dollar-backed HKDAP across commercial insurance and cross-border settlement. The Aug.…
Walmart is ending one of the longest-running holdouts against mainstream contactless payments in U.S. retail, beginning a rollout of Tap to Pay at select Walmart and Sam’s Club locations on…
Bailey Oversaw Apple’s Expansion Into Payments and Digital Wallets Apple’s longtime payments executive Jennifer Bailey is leaving the company in October, bringing to an end a tenure that helped transform…
X Adds Banking Features to Its Social Platform Elon Musk’s X has begun rolling out X Money to paid subscribers in the United States, moving the financial service beyond its…
Stripe’s AI Infrastructure Push Could Reshape the Economics of Model Access Stripe is reportedly in talks to acquire AI model marketplace OpenRouter in a deal that could value the startup…
Cash App’s Fraud Settlement Exposes the Cost of Instant Money Cash App made moving money feel almost effortless. That simplicity helped turn the Block-owned platform into one of the most…
Wise’s US Charter Rejection Exposes the Gap Between Stablecoin Policy and Fed Access Wise plans to reapply for a US national trust bank charter under the GENIUS Act framework after…
Block’s $45M Cash App Settlement Shows the Cost of Selling Bank-Like Trust Without Bank-Like Protection Block has agreed to pay $45 million to settle allegations from regulators in nearly every…