News

DBS Report: Tokenized Money Adoption Accelerates, 71% of Respondents Expect Real-Time Cross-Border Payments

A DBS report shows tokenized money is gaining traction in cross-border payments, with 71% of respondents citing real-time cross-border payments as their most anticipated capability. The report also notes that tokenized money is moving from pilots to broader commercial use.

Binance Sets Aside $6.34B to Cover Hack Losses; Attack Chain Exposes Account Abstraction Authorization Blind Spot

Binance says it has earmarked $6.34 billion to cover hacker losses and stresses user asset safety; technical details point to self-destruct mechanisms and EIP-7702 delegation bypassing approvals, offering a real-world sample for authorization boundaries in agent payments.

Unilever and Nestlé Bring AI Agents into the Order-to-Cash Cycle

Unilever's NOVA system processes initial orders in about 90 seconds, down from 15 to 20 minutes, across 11 pilot markets. Nestlé is deploying SAP's receivables assistants to recommend collection actions in 140 countries.

Plaid Payments Head: AI Agents Choosing Payment Methods Will Reshape the Payments Mix

When AI agents pick payment methods on consumers' behalf, the overall mix of payment methods could shift, Plaid's Brian Dammeir said at Money20/20.

Nearly Half of Binance's $6.3B Stolen Assets Frozen as Hackers Swap Holdings Before Blockades Hit

Binance says attackers moved USDT and USDC into ETH and Bitcoin before issuers could freeze the tokens, while roughly $3 billion has now been locked on-chain.

Mastercard Q3 Earnings Call: Guidance Raised, AI Agent Payments in Focus

Mastercard updated its full-year guidance on its fiscal Q3 2026 earnings call and flagged agentic commerce as a key discussion topic, though no product details or commercialization timeline were disclosed.

PhotonPay Raises $40M Series C to Expand Stablecoin Payments

The Hong Kong-based payment service provider will use the fresh capital to scale its stablecoin payment business, though investors and closing details were not disclosed.

Coinbase Files for Brazilian VASP License Ahead of October 30 Deadline to Stay in Local Market

Defense Contractor Connects Personal AI Agent to Pentagon Secure System

A defense contractor has linked a personal AI agent to a secure Pentagon system, raising questions about identity verification, permission boundaries, and auditability for agent access to sensitive government networks.

Elavon CEO: Trust, Not Speed, Is the Key to Agentic Commerce

Wally Mlynarski, CEO of Bank of America-owned merchant acquirer Elavon, says security and soundness must come before speed in the push toward agentic commerce.

Coinbase CEO: Stablecoins and x402 Could Disrupt Subscription Payment Models

Coinbase CEO Brian Armstrong says stablecoins and the x402 protocol could offer an alternative to existing online subscription payment models.

SBI Plans Investment in Cross-Border Payment Provider PhotonPay

The Japanese financial group has reached an arrangement to invest in PhotonPay, though the amount and closing timeline were not disclosed.