HSBC has launched its first stablecoin, HSBC RedCoin (RCHKD), in Hong Kong, saying in a Friday (Oct. 23) press release that it is built for everyday payments and transactions. HSBC RedCoin is licensed and regulated by the Hong Kong Monetary Authority (HKMA), is Hong Kong dollar (HKD) denominated and became available...
Digital money is pushing banks toward making decisions about infrastructure well beyond whether to issue a token. Among the decisions that need to be made: Which forms of digital money belong inside their own relationships, which need broader distribution, how different networks connect and what...
London-based payments firm Finsei has picked issuer processing platform Thredd to power its new Mastercard debit offering. “The partnership reflects a shared focus on simplifying an increasingly complex payments environment,” Thredd said in a Tuesday (Oct. 20) news release. “Businesses operating across markets often rely on multiple providers to manage accounts, payments,...
The check was supposed to be dead by now. Instead, it has become a $15 trillion reminder that moving money and settling a business obligation are not always the same thing. According to research briefs from the Federal Reserve Bank of Cleveland published in September, ACH...
October 26, 2026
Commerce firms can often see a payment fail. The opportunity lies in what they can do next. The PYMNTS Intelligence report “How These Industries Are Turning Payments Failures Into Recovers,” the October edition of The Orchestration Advantage Series done in collaboration with Spreedly, found that commerce companies use intelligent retry logic on 41% of declined payments, […]
October 22, 2026
Digital money is pushing banks toward making decisions about infrastructure well beyond whether to issue a token. Among the decisions that need to be made: Which forms of digital money...
October 19, 2026
The check was supposed to be dead by now. Instead, it has become a $15 trillion reminder that moving money and settling a business obligation are not always the same...
October 06, 2026
The monthly, weekly or even annual bill is among the interactions a service provider is virtually guaranteed to have with a customer again and again. Yet consumers give the experience...
October 23, 2026
HSBC has launched its first stablecoin, HSBC RedCoin (RCHKD), in Hong Kong, saying in a Friday (Oct. 23) press release that it is built for everyday payments and transactions. HSBC RedCoin is licensed and regulated by the Hong Kong Monetary Authority (HKMA), is Hong Kong dollar (HKD) denominated and became available on the bank’s digital wallet, PayMe, on Friday, according to the […]
October 20, 2026
London-based payments firm Finsei has picked issuer processing platform Thredd to power its new Mastercard debit offering. “The partnership reflects a shared focus on simplifying an increasingly complex payments environment,” Thredd said in a Tuesday (Oct....
October 18, 2026
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply...
October 16, 2026
Marqeta’s enterprise customers can now offer stablecoin-backed cards powered by Coinbase, the companies said in a Friday (Oct. 16) press release. This offering is enabled by a new collaboration that integrates Marqeta’s...
