Skip to content
Archive · August 13, 2026

Five critical payments insights.
Zero noise.
Daily.

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.

The Lead

Story 01

Flywire and Trustly Bring Open Banking Payments to US and Canada Merchants

Flywire and Trustly have expanded their partnership to enable open banking payments across the US and Canada, allowing merchants and billers to accept secure, large-value domestic and cross-border transactions directly from customer bank accounts. By offering a lower-cost, API-driven alternative to cards and wires, Flywire and Trustly directly challenge established payment processors such as FIS and Fiserv. US and Canadian banks will likely see increased demand for open banking APIs as merchant adoption accelerates, while regulators may soon address data access and security standards.

Also Worth Knowing
02

Yuno Raises $45M to Build AI-Native Global Payments Operating System

Yuno secured $45 million in Series B funding to enhance its AI-native platform for global payments, targeting enterprise merchants, banks, and wallets. The new capital will support product development and international expansion, as Yuno aims to compete directly with established processors like Stripe and Adyen. As AI-driven orchestration and cost efficiencies become standard, incumbents may need to accelerate their own AI investments or risk losing market share to newer entrants like Yuno.

Source: PYMNTS
03

Coinbase Picks Abu Dhabi for International Tokenisation Hub Expansion

Coinbase will establish its international tokenisation hub in Abu Dhabi, leveraging the region’s regulatory clarity to expand digital asset services for institutional clients. By choosing Abu Dhabi, Coinbase is actively increasing its global footprint and positioning itself to attract institutional capital from the Middle East. Competing crypto and fintech firms may follow Coinbase’s lead to benefit from regulatory certainty and access to new markets, likely resulting in more tokenised asset products and regional partnerships.

Source: Finextra
04

BitGo Grows Q2 Revenue 80% to $4.3B Despite Net Loss, Eyes Profitability Moves

BitGo reported an 80% year-over-year revenue jump to $4.3 billion in Q2, but posted a net loss of $19 million. The surge highlights BitGo’s strong position in digital asset custody and settlement, but ongoing losses may prompt BitGo to reduce operational costs, renegotiate vendor contracts, or seek strategic partnerships to improve margins. Competitors could attempt to win over BitGo’s clients if profitability concerns persist.

Source: The Block
05

Revolut Scales Back WeWork Access for Premium Users Amid Rising Costs

Revolut has reduced WeWork access for premium subscribers across Europe after WeWork raised its fees, removing a key benefit for Revolut’s top-tier customers. This change weakens Revolut’s premium offering and may prompt some customers to consider competitors with more robust lifestyle or workspace partnerships. Revolut is likely to explore alternative workspace or travel benefits to maintain loyalty among premium users, underscoring the risks of relying on third-party perks.

Source: Finextra
The Long Memory
In 1994, the first online purchase using a secure payment system was made when a CD was sold by NetMarket, marking a milestone in e-commerce history.

Filed under: Payments History · The Long Memory

What's Hot