Circle Internet Group announced on 25 September 2026 that CFO Jeremy Fox-Geen will step down, with no successor confirmed. The disclosure follows the stablecoin issuer's submission of a 424B4 final prospectus in June 2025.
National instant-payment rails across Asia-Pacific are being connected through bilateral bridges and multilateral hubs, but the technology is the easy bit — reconciling AML rules, FX settlement and liability frameworks across jurisdictions is where progress will be won or lost.
Circle Internet Group announced on 25 September 2026 that CFO Jeremy Fox-Geen will step down, with no successor confirmed. The disclosure follows the stablecoin issuer's submission of a 424B4 final prospectus in June 2025.
A class action targeting Apple over fees charged to banks for NFC wallet access has reached a critical procedural milestone, with financial institutions reportedly cleared to pursue the case collectively. The certification step substantially raises Apple's damages exposure and intensifies antitrust scrutiny of its mobile payments model.
Visa Foundation has announced a $2 million commitment to fund U.S.-based entrepreneurial support organisations, distributing between $100,000 and $250,000 per recipient — the foundation's first formal request for proposals directed at domestic intermediaries.
Ant International has unveiled a broad AI-native product suite spanning payments, treasury, FX and growth marketing under its Antom brand, positioning itself as a unified financial technology layer for cross-border enterprise commerce. The move intensifies competition with point-solution vendors but faces geopolitical headwinds and enterprise consolidation inertia.
The European Central Bank has issued a formal call for expressions of interest from private organisations seeking to participate in its digital euro innovation platform, marking a structural shift in how the ECB is approaching CBDC development ahead of finalised legislation. The move signals growing institutional confidence in the project's political runway, even as key details of the call remain unverified against primary ECB documentation.
The UK Payments Delivery Company is understood to be seeking industry equity to fund the New Payments Architecture, the programme designed to replace Faster Payments and Bacs infrastructure. Specific figures remain unverified; the move would mark a structural shift in how the UK funds critical national payments plumbing.
Mistral AI has confirmed a €3 billion Series D, one of the largest private fundraises in European tech history. But the round's sheer scale throws the continent's early-stage funding squeeze into sharper relief.
Klarna has announced KlarnaUSD, a USD-denominated stablecoin built on the Tempo blockchain, positioning the newly listed Swedish fintech as one of the most prominent mainstream European consumer companies to enter the stablecoin payments space. The launch is framed as a payments infrastructure play targeting a market Klarna claims processes $27 trillion in annual transactions.
Ripple is positioning its RLUSD stablecoin for corporate treasury use following its $1 billion acquisition of GTreasury, giving the firm access to approximately 1,200 enterprise treasurer and CFO customers. The combined platform's clients collectively process roughly $13 trillion in annual transactions, according to Ripple's SVP of Stablecoins Jack McDonald.
The European Central Bank has issued a formal call for expressions of interest from private organisations seeking to participate in its digital euro innovation platform, marking a structural shift in how the ECB is approaching CBDC development ahead of finalised legislation. The move signals growing institutional confidence in the project's political runway, even as key details of the call remain unverified against primary ECB documentation.
The European Central Bank has announced it will invest a portion of its own funds portfolio in tokenised securities, settling transactions through a platform called Pontes — marking one of the most consequential institutional endorsements of digital asset infrastructure from a major central bank anywhere in Europe.
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