Bank of America today announced plans to launch a cross-border real-time payments solution that will enable its corporate, commercial and financial institution clients to send and receive funds instantly through Swift or the bank’s flagship digital platform, CashPro®. The service will offer real‑time payment tracking, full-principal preservation and lower costs.

XTransfer, the world’s leading B2B cross-border trade payment platform, and Societe Generale, a leading European bank in transaction banking, announced having signed a Memorandum of Understanding (MOU) during Money20/20 Europe 2026 in Amsterdam, to enhance cross-border payment infrastructure and develop integrated financial solutions to support international trade flows.

Today at Money2020, UK Payments Initiative Ltd (UKPI) launched a scheme designed for the next-generation of open banking payments, marking a turning point in the availability of alternatives to traditional card-based and direct debit payments.

A new study by DECTA, a payment infrastructure company, has determined the disconnect between the presence of AI chatbots and their effectiveness in resolving banking app issues.

At Money 20/20, Worldline [Euronext: WLN], a European leader in payment services, and ING, a global financial institution with a strong European base, announce the successful execution of Europe's first end-to-end agentic payment transaction in production with Mastercard.

Money20/20, the world’s leading fintech show and the place where money does business, today announced the release of a new report produced in partnership with FXC Intelligence, the world’s leading provider of cross-border payments data and intelligence, titled “Europe’s Cross Border Payments Crossroads: The Current State and Future Potential of the Industry in 2026.”

Conferma, the leading provider of virtual card technology for business travel, has expanded its global programme to eliminate fax, rolling out a full shutdown across Asia Pacific. From 1st June, hotels across APAC will no longer receive virtual card information via fax – regardless of where the booking originates.

Al Ansari Exchange, a leading remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services, recorded more than 151 per cent increase in the number of companies processing salaries through its Wage Protection System (WPS) platform on 1 June 2026, as UAE private sector employers adjusted payroll processes to comply with new salary payment requirements that came into effect nationwide. The surge coincided with the implementation of Ministerial Resolution No. 340 of 2026, under which all private sector establishments registered with the Ministry of Human Resources and Emiratisation (MoHRE) are required to pay employee wages through the Wage Protection System by the first day of each month.

TerraPay, a global money movement company, has partnered with PalWallet, a fintech infrastructure provider focused on stablecoin settlement, global payments infrastructure and embedded financial services, to help businesses move money across borders faster and more efficiently.

Trustfull Investigator leverages a conversational AI interface to permanently dismantle these manual data-gathering silos. By translating natural language commands (such as "Assess this onboarding attempt") into programmatic API calls, the engine instantly evaluates the risk profile. It automatically correlates cross-media data anomalies, shifting the analyst's role from a low-efficiency data assembler to an elite risk interpreter.

New research from Europe’s card issuing and processing powerhouse Enfuce, reveals that the majority of consumers (62%), as well as payment providers (75%), are concerned that geopolitical tensions could result in foreign-controlled payment networks restricting or even stopping payments in their market. The first study on attitudes towards this issue shows that support for European alternatives like Wero is strong – but adoption will not be driven by ideology alone.

Bank payment company GoCardless has backed the launch of a new industry-led scheme designed for the next generation of open banking payments. Banks, building societies and fintechs have invested in scheme operator UK Payments Initiative (UKPI), which today has announced the scheme is now live. This paves the way for the introduction of Recurring Pay by Bank, GoCardless’ open banking-powered payment solution that enables recurring, flexible and automated bank payments.

83% of U.S. bettors are keen to use cryptocurrency to fund wagers with online sportsbooks, when permitted, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the Ways Players Pay: Crypto Edition report also suggests that when a state permits crypto payments, sportsbooks supporting deposits by digital assets and even payouts will gain a competitive edge in player acquisition and retention.

Aurora Payments today announced its rebrand as Flute, alongside the launch of a unified payments platform built for the growing businesses that power the everyday economy. Flute brings payments, working capital, transaction reporting and merchant servicing into a single account for the millions of merchants across the independent retail, personal services, professional services and hospitality industries.

TransferMate, the leading provider of embedded B2B payments, has selected BVNK as its stablecoin infrastructure partner in a new integration that will see TransferMate use BVNK to offer stablecoin capabilities across its global network for the first time. By expanding payment options, TransferMate’s customers will be able to access stablecoin functionality across sectors such as global payroll, ecommerce marketplaces, and education.