Global payments news, briefly.
What happened in payments this week, and why it matters. Free weekly briefing every Monday.
Topics: Cross-border · Domestic & real-time · Cards · Asia-Pacific · Regulation · Deals & funding
Regions: Americas · Europe · Asia-Pacific · Middle East & Africa · Events calendar
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Banking Circle Australia launches single-use PayIDs for payment providers
Banking Circle Australia lets payment providers create single-use PayIDs on the New Payments Platform, so each invoice or collection is reconciled as it arrives.
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This week’s issue
Tencent signs with Mastercard, Block nears a $964 million DOJ deal, and Affirm Card passes $3 billion
Read the issue: Tencent signs with Mastercard, Block nears a $964 million DOJ deal, and Affirm Card passes $3 billionTencent’s TenPay Global signs a Mastercard MoU, Hong Kong FPS links to UnionPay QR, Block discloses a $964 million DOJ agreement in principle, and Affirm Card GMV more than doubles.
Latest news
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Coinbase wins final OCC approval for its national trust company
The OCC gave final approval to Coinbase National Trust Company, letting Coinbase run custody, settlement and stablecoin reserve services under federal oversight.
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Visa adds Monad to its stablecoin settlement program for issuers and acquirers
Visa added the Monad blockchain to its stablecoin settlement program, giving participating issuers and acquirers another network for settling with Visa.
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Nexi agrees to sell German pay-by-invoice provider Ratepay to Affirm
Nexi agreed to sell Ratepay, a pay-by-invoice provider in Germany, Austria and Switzerland, to Affirm, with closing expected in the first half of 2027.
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Google Wallet adds Traveler QR for Alipay+ merchant payments in Singapore
Google Wallet now offers Traveler QR, letting Android users pay Alipay+ QR merchants in Singapore with a Visa or Mastercard credit card saved in Wallet.
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Cerc and Núclea propose Pix-backed collateral for business loans in Brazil
Registrars Cerc and Núclea asked Brazil’s central bank to let companies pledge future Pix receipts as loan collateral, putting the potential pool above R$15 trillion.
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PNC Bank pilots incoming USDC payments for corporate clients with Coinbase
PNC Bank began a limited pilot with Coinbase that lets eligible corporate clients receive USDC, converted automatically into US dollars in a PNC account.
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The week in payments, every Monday
The top stories, why they matter, and the events coming up. Free.