Payments
Crypto payments adoption, merchant tooling, and rails updates.
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RedotPay completes audit as U.S. IPO timing remains unclear
RedotPay said it completed a financial audit as part of its preparations for a U.S. IPO. The company also disputed an August report that the listing had been put on hold [1] [2]…
WSJ reports Polymarket fraud attempt involving at least $10M and CEO guidance to prioritize growth
The Wall Street Journal reported that fraudsters linked stolen debit cards to Polymarket US accounts in February, attempting to move at least $10 million through wagers and with…
Ripple developer kit adds XRP payment support connected to Stripe and Tempo AI payments standard
Ripple added XRP payment support to a new developer kit that connects with Stripe and Tempo’s AI payments standard, according to CoinDesk and Crypto Briefing reports published S…
FCA issues final crypto permissions guidance as applications open Sep. 30 and banks block payments
The UK Financial Conduct Authority (FCA) has issued final guidance requiring crypto firms to reassess their permissions, ahead of applications opening on Sep. 30 for a regulator…
XRP Ledger processes 3,254 transactions in a single ledger close during test activity
XRP Ledger processed 3,254 transactions in a single ledger close, according to multiple reports [1] [2] [3]. At least one account attributed the high transaction count to lightw…
AUSTRAC removes 45 crypto and remittance registrations after yearlong compliance action
AUSTRAC removed 45 crypto and remittance service provider registrations in a yearlong compliance enforcement sweep, according to multiple reports [1] [2] [3]. One report says AU…
Citi and DBS complete weekend cross-border USD payments using tokenized deposits on Swift’s blockchain ledger
Citi and DBS completed cross-border U.S. dollar payments using tokenized deposits on Swift’s blockchain ledger over the weekend, with reporting stating the transfers were comple…
Bangko Sentral proposes 12-month pause on new payment operator registrations and tighter crypto checks
The Bangko Sentral ng Pilipinas has proposed a 12-month suspension on new Operator of Payment System registrations while it reviews the country’s licensing framework [1] [2] [3]…
Upbit parent Dunamu and Visa to explore stablecoin payments, remittances and AI services
Dunamu, the operator of South Korea’s Upbit, and Visa have announced a strategic partnership to explore stablecoin payments, global remittances, and AI-driven financial services…
Gemini-Apex partnership to distribute CFTC-regulated crypto prediction contracts via brokerages
Gemini is set to partner with Apex to expand the distribution of crypto prediction-market contracts to brokerage customers, with reporting describing Gemini as the exclusive CFT…
Jeonbuk Bank inks Ripple Payments deal to enable near real-time 24/7 cross-border transfers in South Korea
Ripple has signed a payments deal with Jeonbuk Bank, marking the first regional bank payment deployment in South Korea using Ripple Payments for cross-border settlement. Reporti…