The 5-minute briefing for payments professionals who need to know what happened, what it means, and what to do about it — before their 9am.
Trusted by payments operators
Joined by 60+ product, risk, and partnerships leads at networks, issuers, acquirers, and fintechs.
Story 01
Canada's Real-Time Rail (RTR) payments system is gearing up for a testing phase this autumn, heralding a transformative leap in payment processing speeds and efficiency. This system promises to revolutionize Canada's financial landscape by enabling instant transactions, potentially setting a new standard for payment infrastructures globally.
JPMorgan Chase is pioneering integration by allowing customers to link their bank accounts with Coinbase wallets, a move poised to significantly enhance cryptocurrency accessibility for mainstream banking users. This strategic initiative could drive widespread crypto adoption, reflecting a major shift in traditional banking's approach to digital currencies.
Source:Klarna has been granted an Electronic Money Institution license by the UK's Financial Conduct Authority, enabling it to broaden its innovative payment solutions in the UK market. This license is a pivotal milestone for Klarna, reinforcing its position as a disruptor in the retail banking sector.
Source:Robinhood's latest earnings highlight a strategic pivot from its commission-free trading roots to a more diversified financial platform, marked by a 45% revenue jump to nearly $1 billion. This shift, fueled by increased crypto transactions and strategic acquisitions, positions Robinhood for significant expansion in the fintech arena.
Source:The Royal Bank of Canada is setting industry benchmarks by integrating AI to refine credit decisions and personalize loyalty programs. This move not only boosts customer service but also underscores RBC's leadership in adopting AI technologies within the banking sector.
Source:“Did you know that the first digital payment system was introduced by Western Union in 1871 as a telegraph money transfer service?
Free · Weekday mornings · Unsubscribe in one click
