WEEKLY FACTS 18 - 2026
Every day, Adnews reviews the latest innovations and news on financial services and international payment. Focus on announcements that should not...
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FedNow drives innovation in instant payment risk management
The United States Federal Reserve (FED), via its operational division Federal Reserve Financial Services (FRFS), has just announced the commercia...
In brief: Kraken gets a Fed main account
Kraken Financial, a subsidiary of Kraken based in Wyoming, is the first digital asset bank in the United States to receive a master account from ...
Senate creates a national register of potentially fraudulent IBAN
A bill was introduced in the Senate on 22 October to combat fraud against the means of payment. It stressed the importance of creating a national...
Wyoming launches the first US state stable
Wyoming becomes the first state in the United States to issue its own dollar-backed stablecoin. With the Frontier Stable Token (FRNT), the state ...
JP Morgan ahead of quantum bank
Evident is a data analysis and performance platform specialized in monitoring and evaluating the adoption of artificial intelligence (AI) in the ...
US-made PTR service being rolled out
The US Federal Reserve has just taken a (big) step forward in the area of payment initiation. It has just announced the upcoming launch of its ow...
In short: A more political digital dollar under consideration
While the issue of crypto-assets is controversial in the country, the US President himself has just opened the door to a digital dollar controlle...
Upgrade makes cashback rhyme with anti-inflation
The US consumer credit platform Upgrade has just introduced its new cashback programme called Upgrade Shopping. Presented as a value-added servic...
The Digital Dollar enters an experimental phase
FACTS The Digital Dollar Project has committed to launching "at least" five pilot programs in the next year to test possible frameworks for...
Hyundai Helps Student Pay Back their Loan
FACTS The South Korean car maker Hyundai –through their US subsidiary Hyundai Motor America– launches Student Assurance, a new programme fo...
U.S. Bank Enters Instant Credit Market
After a two-year test phase, U.S. Bank launches an instant credit service called Simple Loan to help American customers deal with unanticipated o...
Issuing: One Million US EMV Cards
Visa announces that about ten US financial institutions are now issuing EMV payment cards. Among these institutions, five major banks: Wells Farg...
Interchanges: Merchants Attacking Fed Reform
In the US, three national merchant federations and two retailers have filed a complaint to oppose the debit interchange reform set by the Federal...
Card Issuing: BofA Introducing Additional Monthly fee Starting 2012
As of 2012, Bank of America will start charging some current account holders five dollars per month for credit card service. This additional c...
Interchange: Fed Watered-Down Interchange Caps
The US Federal Reserve finally set the cap at 21 cents per debit card transaction, rather than the 12 cents limit proposed in its January consult...
SCT: Direct Exchange Between VocaLink and KIR
The Polish and British CSMs KIR and VocaLink set up a direct reciprocal link for the exchange of SCT payments. This link relies on EACHA interop...
Visa Bets on the Durbin Amendment
During Dallas-Auto Finance Risk Summit, Visa promoted the use of debit cards. Car loan organisations are invited to accept monthly reimbursements...
Senate Amendment to Delay Debit Interchange Cap
A bi-partisan Senate bill aims to set a two-year delay to cap the interchange fee on US debit card. US Fed’s regulation project, under consultati...
Mobile reader: Square valorised at 175 million euros
Jack Dorsey, Twitter's founder, announced that Square, his new mobile payment venture, raised 27.5 million dollars (about 20 million euros). This...
