Real-time Payments

July, 2025

• 3 July

  Payments Companies Act As Congress Mulls Stablecoin Legislation

  

  Ripple’s chief executive said Wednesday the company applied to the Office of the Comptroller of the Currency for a national bank charter to support its stablecoin, RLUSD, which it introduced in December. The move, which Ripple chief executive Brad Garlinghouse announced in a post on the social-media site X, follows …
• 1 July

  Crypto Giant Circle Bids for a Bank

  

  In a move that could weave cryptocurrency more deeply into the fabric of the U.S. payments industry, Circle Internet Group Inc. announced late Monday it has applied to the Office of the Comptroller of the Currency to form a national trust bank. The application, which seeks to establish what Circle …
• 1 July

  EverC’s Merchant Onboarding Tool and other Digital Transactions News briefs from 7/1/25

  

  Risk management company EverC launched its Instant Onboarding service to help payment providers speed up and better manage the merchant onboarding process. Black Dragon Capital said it will work with Velera, a payments-based credit union service organization, in an effort to start and grow fintechs that can help credit unions. Tyfone Inc., …

June, 2025

• 26 June

  As Colleges Pay Athletes, PayPal Looks to a Big Role in the Big 10 and Big 12

  

  PayPal Holdings Inc. will process payments from universities to student athletes under multi-year deals the payments company announced early Thursday. PayPal’s agreements with the Big 10 and Big 12 college conferences follows a court ruling June 6 that permits colleges and universities to include student athletes in a revenue share. …
• 24 June

  In the Wake of Fiserv’s New Stablecoin, Mastercard Trumpets Its Digital Initiatives

  

  Stablecoins are the talk of the payments town, and some observers are questioning whether these new digital alternatives could undercut the core network businesses of Mastercard and Visa. Now, Mastercard Inc. has announced several initiatives it says will keep it in the thick of the growing stablecoin market. In a …
• 24 June

  Lightspeed’s Expanded Saks Deal and other Digital Transactions News briefs from 6/24/25

  

  The commerce platform NuOrder by Lightspeed said it will work with Neiman Marcus and Bergdorf Goodman as part of an expanded agreement with Saks Global. In related news, Lightspeed Commerce Inc. said it will integrate reservations software from Whoosh for golf and club clients using Lightspeed’s payments platform. Shift4 Payments Inc. said it has yet …
• 23 June

  Fiserv Will Work With Circle to Develop Stablecoin Products

  

  Fiserv Inc. and Circle Internet Group Inc. early Monday announced they will collaborate to build products based on stablecoins for banks and merchants in Fiserv’s client base. The announcement came at the same time Fiserv said it plans to launch its own stablecoin, FIUSD, by year’s end. Simultaneously, Fiserv said …
• 20 June

  As More Countries Adopt Stablecoin Laws, Usage Is Likely to Spread

  

  With rules governing stablecoins under development in the U.S. Congress, there are now at least 14 countries and regions worldwide that have established or are considering regulations for the digital currency. The need for regulations in jurisdictions around the globe comes as stablecoins grow in awareness and usage and pose …
• 19 June

  The Future of Stablecoins Hangs on Action From Congress

  

  With action Tuesday by the U.S. Senate to pass the GENIUS Act, the move to establish rules that would govern the burgeoning stablecoin industry now transits to the U.S. House of Representatives, where lawmakers have developed their own set of rules, the STABLE Act. Meanwhile, stablecoin-market participants are looking to the …
• 19 June

  LendingClub’s New Debit Card and other Digital Transactions News briefs from 6/19/25

  

  LendingClub Corp. said its LendingClub Bank unit introduced LevelUp Checking, which includes a debit card. LendingClub specializes in personal loans. LevelUp Checking users with one of these personal loans could receive up to 2% of their monthly payment in cash back when making on-time payments from the checking account. HungerRush, a …