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The European Central Bank has selected Portuguese artificial intelligence startup Feedzai to develop fraud prevention systems for its planned digital euro, marking a significant step in the central bank's effort to reduce the euro zone's dependence on U.S.-dominated payment systems. What to Know: Th

JPMorgan Chase has begun deploying artificial intelligence agents capable of handling complex tasks across its operations, part of what the bank's chief analytics officer calls a "fundamental rewiring" to create the world's first fully AI-connected financial institution. The effort, which already pr

Bank of England Governor Andrew Bailey said Wednesday that any stablecoin achieving widespread payment use in Britain must operate under banking regulations, including depositor protections and access to central bank reserve facilities. What to Know: Bailey's position marks a tonal shift from his pr

Visa announced Tuesday it will begin testing a system that allows businesses to fund international payments using stablecoins rather than maintaining cash deposits in foreign bank accounts. The payment processing giant said the pilot program involves unnamed partners and will expand in 2026. What to

Swift announced Monday it will deploy a blockchain-based transaction ledger with more than 30 global banks and blockchain firm ConsenSys, marking the payments cooperative's most direct challenge yet to the $300 billion stablecoin market. The system will enable round-the-clock cross-border settlement