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Archive · February 3, 2026

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Story 01

NymCard Enables Stablecoin Settlement with Visa in GCC, Challenging Traditional Banks

NymCard launches stablecoin settlement with Visa in the Gulf Cooperation Council (GCC), modernizing settlement infrastructure. This positions NymCard as a leader in modern payment solutions in the GCC, potentially challenging traditional banks. The move could accelerate stablecoin adoption in the region and influence regulatory frameworks.

Source: Finextra
Also Worth Knowing
№02

Intuit Partners with Affirm for Exclusive BNPL Offering in QuickBooks Payments

Intuit partners with Affirm to offer Buy Now, Pay Later (BNPL) options for QuickBooks Payments users. This strengthens Intuit's payment offerings, challenging other BNPL providers. The partnership could increase BNPL adoption among small businesses using QuickBooks, reshaping the competitive landscape.

Source: Finextra
№03

FuturePay Integrates Paysafe’s SafetyPay Solution for Latin America Expansion

FuturePay integrates Paysafe’s SafetyPay to support its expansion into Latin America, enhancing its payment platform with local payment methods. This move gives FuturePay a competitive edge in the region, challenging local payment providers. Increased adoption of digital payments in Latin America could follow, reshaping the market.

Source: PYMNTS
№04

While US Debates Stablecoin Yield, Europe and Asia Set Clearer Rules

Europe and Asia establish clearer stablecoin regulations, while the US continues to debate stablecoin yield. This regulatory clarity may attract more stablecoin projects to Europe and Asia, challenging US dominance. The fragmentation in global stablecoin markets could intensify as different regions adopt varying standards.

Source: PYMNTS
№05

Varo Raises $123.9m in Series G Funding, Strengthening Digital Banking Position

Varo, a US digital bank, raises $123.9 million in Series G funding led by Warburg Pincus and Coliseum Capital Management. This funding strengthens Varo's position in digital banking, potentially challenging traditional banks. Increased innovation and competition in digital banking could follow as Varo leverages this capital.

Source: Finextra
The Long Memory
“Did you know that the first credit card was made of cardboard? Diners Club introduced it in 1950 after founder Frank McNamara forgot his wallet at a restaurant, revolutionizing the way people made payments.

Filed under: Payments History · The Long Memory

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