The fintech world never sleeps, not even after a long weekend. This week saw crucial expansions and acquisitions shake up the industry.
Italy's state lender is doubling down on Nexi, scooping up more shares in the payments titan. This comes as private equity vultures circle, sniffing for a deal.
The world of fintech is buzzing again, this time with AI and stablecoins at the forefront. Beyond the corporate announcements, these shifts signal tangible changes for how you'll manage your money.
The Clearing House's RTP network shattered its own records with $8.6 billion in payments on a single day. Yet, questions linger about whether this rapid adoption can translate into lasting consumer habit.
Exodus, the crypto wallet giant, just shed a significant chunk of its Bitcoin reserves. The goal? To bankroll an ambitious push into the payments sector.
Forget human-to-human transactions; Solana's president Lily Liu believes the future of payments lies in the 'AI machine economy.' Major corporate adoption of stablecoins on Solana signals a shift towards practical blockchain infrastructure.
Temenos is extending its cloud-native banking software onto Amazon Web Services, aiming for a full-suite SaaS offering. The question is: will banks bite on this unified digital and payments play?
Visa just added five more blockchains to its stablecoin settlement party. The party's getting big, with $7 billion running through it annually.
The digital ether crackles with anticipation. Elon Musk's X, once Twitter, is reportedly hurtling toward its payments app debut, promising to rewire how we interact with money.
DoorDash is quietly ditching old payment rails for stablecoins, proving money can finally act like the internet. Meanwhile, DeFi's image problem just got a whole lot worse.
Stablecoins. The shiny new payment rails promised to disrupt everything. Turns out, they're mostly just better toilet paper for crypto traders.
The ambition for stablecoins to become everyday financial tools is gaining traction in Hong Kong, moving from regulatory discussions to the point of sale. A new partnership between EX.IO and Payment Asia could cement this shift.