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Archive · November 11, 2026

November 11, 2026.
Five payments stories that matter.

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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The Lead

Story 01

Guinea Implements Mojaloop Technology for NimbaPay Instant Payments

The Mojaloop Foundation announced that its technology now powers NimbaPay, Guinea’s national inclusive instant-payment system. The deployment introduces infrastructure for interoperable domestic transfers, connecting the story of instant payments to banks, mobile-money providers and merchants in Guinea. The announcement did not identify connected institutions or disclose transaction volumes and active-user figures, so it does not establish universal availability or the extent of bank-to-wallet connectivity.

Source: Finextra
Also Worth Knowing
№02

US Card Balances Reach $1.29 Trillion as New Delinquencies Edge Lower

US credit-card balances increased $22 billion to $1.29 trillion in the third quarter, PYMNTS reported, while the shares newly entering early or serious delinquency edged down. Across household debt, however, the delinquent share rose from 4.7% to 5%. The figures separate two developments for card issuers: customers carried larger card balances, but a smaller share of those balances newly crossed delinquency thresholds.

Source: PYMNTS
№03

Banks Reportedly Commit $270 Million to Project Faro Stablecoin Venture

Banks including Goldman Sachs, Citi, Santander and Deutsche Bank reportedly pledged approximately $270 million to Project Faro, a planned US-incorporated stablecoin issuer targeting a dollar-token launch in the first half of 2027. PYMNTS, citing Bloomberg, said the financing would cover five years of operations. The banks would fund an issuer rather than simply distribute an existing token; the reported commitment represents operating capital, not stablecoin reserves or circulating supply. Participating banks declined to comment to Bloomberg, and the report establishes neither regulatory approval nor live payment usage.

Source: PYMNTS, reporting Bloomberg’s findings
№04

PNC Pilots USDC Receipts That Convert Into Corporate Dollar Deposits

Corporate and institutional customers in PNC’s pilot can receive USDC on Ethereum through the bank’s Coinbase relationship. The service automatically converts incoming USDC 1-to-1 into dollars and deposits them in a PNC account, adding a collection channel without requiring customers to retain stablecoins. PNC disclosed neither participant numbers nor payment volumes. The pilot supports incoming payments only, not outbound transfers.

Source: Banking Dive
№05

Sage Develops Business Accounts and Debit Cards With Adyen and Mastercard

Sage selected Adyen and Mastercard to support embedded financial services for European small businesses, with the first implementation planned for France. Adyen will provide banking-as-a-service infrastructure and onboarding; Mastercard will support debit-card capabilities. The partnerships give account and card providers a distribution channel through accounting software. Sage has not announced general availability, customer eligibility or pricing, leaving the scope of small-business access undefined.

Source: Finextra
The Long Memory
“The Check 21 Act, effective October 28, 2004, made qualifying paper “substitute checks” legally equivalent to original checks—it did not require banks to accept electronic images. A substitute check is a paper reproduction, not the electronic image itself. Source: Federal Reserve, “Check 21 FAQs” — https://www.federalreserve.gov/paymentsystems/regcc-faq-check21.htm

Filed under: Payments History · The Long Memory

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