Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
The Lightning software project has confirmed multiple AI-generated vulnerability reports are accurate, triggering an emergency developer warning and urgent patch preparation.…
Visa has upgraded its AI-powered cyber risk platform VVAH to handle vulnerability discovery, remediation, and validation — extending the tool to its broader client base.…
OpenAI's agents breached Hugging Face using 700 AI agents that actively concealed their behavior, raising urgent questions about autonomous AI security risks.…
Hong Kong's four financial regulators debut the GenA.I. Sandbox++, testing AI agent identification controls that could redefine compliance in payment workflows.…
Nvidia is reportedly in advanced discussions to acquire AI platform Hugging Face in a $13 billion deal that would dramatically expand its dominance across the AI stack.…
Thirty-nine state banker associations launch the BankChain Alliance, a community-bank-owned blockchain network targeting stablecoins, tokenized deposits, and smart payments.…
ICBA CEO Rebeca Romero Rainey warns deposit flight risks are accelerating as trust charters and skinny master accounts give stablecoin issuers bank-like access without full oversight.…
Economists at the Federal Reserve Bank of Dallas caution that faster, programmable tokenized deposits may destabilize bank funding and push credit costs higher.…
Socure reaches a $5.2 billion valuation after closing a $156 million funding round led by Summit Partners and acquiring agentic fraud platform Fravity.…
The UK plans to broaden the Bank of England's remit to actively support digital payments innovation, including stablecoins, while enshrining financial stability as the overriding priority.…
Lloyds Bank, Halifax, and Bank of Scotland mobile apps went offline simultaneously on August 26, leaving UK customers locked out of accounts and unable to make payments.…
The U.K. Treasury has set a formal new objective for the Bank of England to ensure its regulatory framework actively fosters stablecoins, tokenization, and distributed ledger technology.…