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.
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Story 01
Stripe and Paradigm have launched Tempo, a new blockchain company aimed at revolutionizing real-world payments with stablecoins. Led by Paradigm Co-Founder Matt Huang, Tempo seeks to boost transaction efficiency through blockchain technology, potentially reshaping the digital payments ecosystem.
The Bank of England and the BIS Innovation Hub have developed a cutting-edge tool to analyze data from the ISO 20022 payments messaging protocol. This tool is designed to enhance global financial transaction insights, offering significant implications for payment systems worldwide.
Source:Ant International's Antom unit has introduced a groundbreaking AI payments technology that supports diverse payment methods. This innovation aims to simplify payment processes and improve user experiences, marking a significant step forward in digital payment solutions.
Source:Utila has seen its valuation triple following a $22 million Series A extension, driven by burgeoning demand for stablecoin infrastructure. This positions Utila as a pivotal player in the digital currency landscape, highlighting the growing importance of stablecoin ecosystems.
Source:In a strategic move to bolster its business payments services, Airwallex has acquired OpenPay. This acquisition is aimed at competing directly with Stripe Billing, signaling intensifying competition in the online billing and payments sector.
Source:“Did you know that the ISO 20022 standard, now being analyzed by the Bank of England and BIS, is set to become the global standard for high-value payment systems by 2025?
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