News - page 6

Polymarket Faces Scrutiny Over Response to $10 Million Fraud Attempt
Society & Lifestyle

Polymarket Faces Scrutiny Over Response to $10 Million Fraud Attempt

Polymarket is drawing scrutiny over how it handled a fraud scheme on its US platform, according to a Wall Street Journal report published September 20. The report, based on interviews with current and former employees and investors, describes a pattern of compliance failures and legal challenges the company has faced while pursuing rapid growth.

Trump Plans New Agency and Chief to Oversee US AI Push
Science & Technology

Trump Plans New Agency and Chief to Oversee US AI Push

US President Donald Trump said over the weekend that he will name a new artificial intelligence “czar” to lead an “AI Force,” an agency he compared to the Space Force he created during his first term. The announcement came in a post on his Truth Social platform on Saturday.

Huawei Prompts Banks to Own Their AI With Fintelligent Launch
Fintech & Ecommerce

Huawei Prompts Banks to Own Their AI With Fintelligent Launch

Huawei has launched a new AI platform for banks to own their artificial intelligence (AI) stack. 

Fintech Funding Roundup: Paymob, Kastle, Sprive & Latvia’s Investment Platforms
Fintech & Ecommerce

Fintech Funding Roundup: Paymob, Kastle, Sprive & Latvia’s Investment Platforms

Fintech funding kept moving this week — here’s a look at four of the latest raises in payments infrastructure, agentic AI for lenders, consumer mortgage technology, and general Baltic investment sector.

Coinbase and Kalshi File for US Stock Perpetuals: How Crypto-Style Trading Moves Into Equities
Finance & Economics

Coinbase and Kalshi File for US Stock Perpetuals: How Crypto-Style Trading Moves Into Equities

Popular crypto exchange Coinbase and prediction market Kalshi have both filed proposals to offer perpetual futures tied to individual US stocks.

Merchants Using Ant’s AI for Payment Integration Quadruple
Fintech & Ecommerce

Merchants Using Ant’s AI for Payment Integration Quadruple

The number of merchants using artificial intelligence (AI) tools to integrate payment services with Ant International has quadrupled over the past 12 months, the company noted. As the demand grows, the company plans broader rollout of AI-native tools across payments, foreign exchange, treasury, and credit operations.

Influencers See UPI MDR Introduction as Vital Step for Ecosystem Monetization: GlobalData
Finance & Economics

Influencers See UPI MDR Introduction as Vital Step for Ecosystem Monetization: GlobalData

The Indian government announced on September 15, 2026, that a Merchant Discount Rate (MDR), fee charged for processing digital payments, will apply to Unified Payments Interface (UPI) transactions for the first time in nearly six years.

Convera Reports Global FX Turnover Hits $9.5 Trillion Daily as ‘Volatility Gap’ Widens
Finance & Economics

Convera Reports Global FX Turnover Hits $9.5 Trillion Daily as ‘Volatility Gap’ Widens

Convera, a commercial payments provider, has launched a global report warning that businesses face a growing “volatility gap” — the widening distance between how quickly money moves across borders and how effectively companies manage the currency risk tied to those movements.

Mastercard: 74% of Asia Pacific SMEs Call Integrated Tools Critical
Fintech & Ecommerce

Mastercard: 74% of Asia Pacific SMEs Call Integrated Tools Critical

Small and medium-sized enterprises across Asia Pacific are adopting digital tools, new payment methods and artificial intelligence at a fast pace, according to Mastercard’s newly released Dreamonomics Report. But the same businesses driving this technology adoption are also asking for something simpler: fewer disconnected systems and more unified ways to run their operations.

Payworld Brings Wero QR Payments to Belgian Terminals
Fintech & Ecommerce

Payworld Brings Wero QR Payments to Belgian Terminals

Belgian payment provider Payworld is expanding Wero acceptance into physical stores, allowing customers to pay by scanning a Wero QR code displayed directly on a payment terminal.

The PAY360 Awards Shortlist Is Out, And It’s Never Been This Hard To Get On
Fintech & Ecommerce

The PAY360 Awards Shortlist Is Out, And It’s Never Been This Hard To Get On

The PAY360 Awards has today revealed the shortlist for 2026, and it is the strongest the awards have seen in nearly two decades. Record entries. Household names alongside fast-moving challengers. A field that reflects exactly what the payments industry looks like right now: competitive, innovative and showing no signs of slowing down.

FM Summit London Marks Its 15th Edition With an Iconic Return to Old Billingsgate
Finance & Economics

FM Summit London Marks Its 15th Edition With an Iconic Return to Old Billingsgate

One Day. One Venue. One Industry. The reimagined summit will bring a carefully selected audience of C-level executives and senior financial markets professionals to London on 24 November.

US Bond Yields Hit 5% as Deficits Add to Fiscal Concerns
Finance & Economics

US Bond Yields Hit 5% as Deficits Add to Fiscal Concerns

The rise in US bond yields is producing two different readings of the national economy. Federal Reserve Chair Kevin Warsh has pointed to stronger growth, investment and competition for capital as important reasons for higher long-term yields. At the same time, large fiscal deficits, a growing debt burden and higher borrowing costs are keeping attention […]

Money20/20 Middle East Brings Alipay+ and Tap to Pay to Saudi Arabia
Fintech & Ecommerce

Money20/20 Middle East Brings Alipay+ and Tap to Pay to Saudi Arabia

Money20/20 Middle East closed its active three-day run in Riyadh this week, bringing the fintech community a set of regulatory announcements from the Saudi Central Bank (SAMA), a new unicorn in the Kingdom’s payments sector, and cross-border card interoperability with Qatar.

Circle Onboards Over 100 Institutions for Arc Mainnet Launch
Blockchain & Crypto

Circle Onboards Over 100 Institutions for Arc Mainnet Launch

Circle has launched Layer 1 blockchain Arc for stablecoin payments and other financial transactions. More than hundred institutions are already testing the new network.

Clarity Act Collapse Discourages Crypto Industry
Blockchain & Crypto

Clarity Act Collapse Discourages Crypto Industry

As US Senate vote on the crypto regulation bill known as Clarity Act failed this week, bitcoin’s price declined along with the share prices of crypto-linked companies, including Coinbase and Circle. Vote hold for an uncertain period also affects crypto service developers in less visible ways.