SoFi and Mastercard Test Stablecoin Settlement for Card Payments
A new partnership could allow card transactions to settle using a bank-issued stablecoin, linking digital assets with global payment networks.
Casa and Scotiabank Introduce a Credit Card that Removes Transaction Fees on Rent Payments
A collaboration between Casa and Scotiabank enables holders of the ScotiaGold Passport Visa card to pay rent or condominium fees through Casa’s platform without incurring transaction charges.
Visa and Bridge Plans to Launch Stablecoin-linked Cards to 100+ Countries
Visa and Bridge have expanded their collaboration to support stablecoin-linked Visa card issuance globally, enabling developers and FinTech platforms to issue cards funded by stablecoin balances.
Peoples Group and Fiserv Build Real-Time Payments Platform Ahead of Canada’s RTR Launch
Peoples Group partnered with Fiserv to develop a next-generation payments platform in Canada, integrating instant payments, always-on infrastructure, and ISO 20022 data capabilities through direct connectivity to national payment systems.
Canadian Bitcoin Consortium Launches Captive Insurer for Digital Asset Firms
Blockchain Insurance Inc. aims to lower premiums and close insurance gaps for digital asset businesses through an industry-owned model.
OSFI to Fast-Track New Entry Regime for FinTechs and Credit Unions
Canada’s banking regulator plans a faster licensing framework for FinTechs and Credit Unions - potentially cutting approval timelines to about 12 months.
Stripe’s Bridge Moves Toward U.S. Bank Status with OCC Approval
Stripe’s stablecoin unit Bridge receives conditional OCC approval, signaling growing convergence between crypto infrastructure and regulated banking.
DBS Pilots AI-Initiated Payments with Visa in First Agentic Commerce Test
DBS has partnered with Visa to pilot Visa Intelligent Commerce (VIC), becoming the first issuer in Asia Pacific to test agent-initiated payments for everyday transactions.
Erebor Secures U.S. National Bank Charter to Serve Defense, AI, and Crypto Startups
Designed as a digital-first bank, Erebor will focus on startups and high-net-worth clients in defense, artificial intelligence, crypto, and advanced manufacturing, positioning itself to operate nationwide less than eight months after submitting its application.
MrBeast Enters Financial Services with Acquisition of Teen Banking App Step
Beast Industries acquires teen FinTech Step, marking its formal move into banking and financial services.
Y Combinator Reverses Course on Canada After Founder Backlash
After briefly removing Canada from eligible jurisdictions, Y Combinator reinstates Canadian startups following community pushback.
American Express Adds Flexible Repayment Feature to Business Cards
American Express has introduced a Flexible Payment Option (FPO) for new Business cardmembers, providing small businesses with an embedded credit feature that allows greater control over how statement balances are repaid.
Canada’s Big Banks Signal Shift on Defence Financing
Four major Canadian banks join an international effort to launch a new institution focused on financing defence, security, and resilience projects.
Nubank Secures Approval to Establish U.S. National Bank
Nubank received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a de novo national bank, Nubank, N.A.
RBC is applying for Banking Licences in the Middle East
Royal Bank of Canada has applied for banking licences in the Middle East as part of a broader international expansion, positioning itself to operate more directly in key Gulf financial centres.
BMO Introduces Blue Rewards as Successor to the AIR MILES Program
Bank of Montreal will transition the AIR MILES loyalty program to Blue Rewards in summer 2026, replacing the existing structure with a single points-based system supported by a redesigned digital platform.
Fiserv Extends Clover POS to Japan Through Sumitomo Mitsui Partnership
Fiserv is taking Clover into Japan through a partnership with Sumitomo Mitsui Card Company, marking Clover’s first planned entry into the market. Targeted for launch in late 2026, the rollout will focus on localisation, partnership-led distribution, and operational features tailored to Japanese small and mid-sized merchants - signaling a strategic shift in Clover’s international expansion toward Asia.
Capital One to Acquire Brex in $5.15B Deal
Capital One entered into a definitive agreement to acquire Brex, a US-based corporate card and spend management platform, through a combination of stock and cash valued at $5.15B, subject to customary regulatory and closing conditions, with completion expected by mid-2026.
Block Inc. has Extended $200 Billion in Credit
Block has now extended over $200B in credit across Cash App, Afterpay, and Square - showing how behavioral data is reshaping lending at scale.
Google Launches Universal Commerce Protocol (UCP)
Google introduces UCP, an open standard designed to connect AI-driven shopping, checkout, and payments across platforms.

