JPMorgan, Citi, UBS and 25 other banks just settled cross-border payments in 80 seconds using tokenised money. The BIS Project Agorá pilot proves shared-ledger settlement works across six currencies — no stablecoins required.
Mastercard's $1.8B BVNK deal and a BIS settlement breakthrough signal that tokenized money is moving from pilot to production infrastructure.
Visa and Mastercard both launched AI-powered payment solutions on the same day in June 2026, designating stablecoins as key settlement infrastructure. Visa reports a $7 billion annualized stablecoin run rate with 160+ card programs worldwide.
FintechExtra introduces Cameron McKean as editor for its fintech and artificial intelligence coverage, bringing more than 30 years of experience in IT, software development, payments, digital systems, and managing international technology teams.
The global financial technology sector has climbed to USD 650 billion in revenue, growing 21% annually as AI, stablecoins, and banking licences redraw the competitive landscape.
The UK government has launched a new payments-focused package during London Fintech Week, aiming to support rapid innovation and strengthen the country’s position as a global financial technology hub.
US banking agencies updated AI guidance to emphasize flexible risk-management principles for model development, governance, vendor oversight, and emerging generative and agentic AI use cases.
Q2 Holdings has introduced Q2 Code, an AI-powered governed development environment aimed at helping financial institutions and fintech partners build extensions and integrations faster on its digital banking platform.
FinovateSpring 2026 will gather senior banking, payments, and technology leaders in San Diego from 5 to 7 May, highlighting product innovation and industry strategy.
Saathi underscores how digital payment infrastructure and financial inclusion are reshaping agriculture-linked commerce and business operations.