Buy Now, Pay Later (BNPL) is transforming debit cards into essential financial tools, driving higher spending and user engagement. Financial institutions adopting BNPL strategies are enhancing customer loyalty, increasing transaction volumes, and maintaining competitiveness in the evolving payments landscape.

Fireblocks has unveiled a stablecoin payments network aimed at assisting crypto and financial firms in the movement and utilization of USD-pegged tokens. With over 40 participants including Circle and Yellow Card, the network is poised to capitalize on the expected growth of the stablecoin market. This initiative aims to streamline payment processes and enhance infrastructure for traditional financial institutions exploring their own stablecoin solutions.

SWIFT has launched a new initiative aimed at accelerating payment investigations by utilizing the ISO 20022 messaging standard. This effort is designed to enhance the efficiency and clarity of cross-border payment processes, ultimately benefiting financial institutions and their customers.