Global payments,
explained.

Stripe expands Global Payouts and stablecoin card issuance, and launches a unified API stack

Stripe has introduced three global updates for fintech companies, including expanding Global Payouts, launching stablecoin card issuance in 27 EU countries, and providing a unified API stack. Global Payouts now supports sending instant stablecoin payments to 160 markets and fiat currency payments to more than 100 markets; stablecoin cards are available in more than 65 countries worldwide, with plans to expand to 100 countries by the end of 2026.

Mastercard and BVNK launch fiat and stablecoin payments platform

Mastercard and BVNK have launched Mastercard Global Money Platform, which supports banks, fintech companies and businesses in holding, converting, paying with and spending fiat currencies and stablecoins through a single API.

BNY completes the first tri-party repo transaction involving tokenized U.S. Treasuries on the Tradeweb platform

BNY and Citadel Securities completed a tri-party repo transaction on the Tradeweb platform using tokenized U.S. Treasury collateral. The tokenized securities were recorded on BNY’s private ledger, reducing settlement time to minutes rather than T+1.

Bank of England’s Money Markets Committee discusses extending RTGS and CHAPS settlement hours

The Bank of England’s Money Markets Committee updated its plans to extend RTGS and CHAPS settlement hours to support innovation, cross-border payments and liquidity management. Feedback on the May 2026 consultation paper was broadly supportive of extending the existing operating day, but members noted that liquidity facilities outside operating hours, liquidity and collateral management on weekends and bank holidays, operational resilience and value date rollovers still need to be addressed. The Bank of England said it would continue working with the industry to further clarify the proposal.

Piero Cipollone：ECB推进数字欧元、Pontes与Appia建设欧洲数字金融基础设施

ECB执行委员会成员 Piero Cipollone 表示，ECB正通过数字欧元、Pontes和Appia，将央行货币扩展到零售支付和代币化批发金融。数字欧元试点计划于2027年下半年启动并持续12个月，若立法流程在2026年底前完成，ECB目标是在2029年具备首次发行准备。Pontes已于9月21日推出，用于以央行货币结算代币化资产，完整实施预计于2028年年中完成。

Latest developmentOct 8 14:02欧洲央行推进数字欧元试点

SAP launches SAP Pay embedded in SAP Cloud ERP, supporting bank transfers and stablecoin settlement

SAP has launched SAP Pay, embedding payment execution and transaction reconciliation into SAP Cloud ERP, while supporting ACH payments, wire transfers, checks, and cross-border settlement in stablecoins. The service is now available in the United States and the United Kingdom, targeting supplier payments and treasury management, and aims to reduce delays from bank file processing, external payment processing, and manual reconciliation.

Bank of England-hosted London Foreign Exchange Joint Standing Committee discusses near-24/7 settlement for RTGS and CHAPS

The Bank of England-hosted London Foreign Exchange Joint Standing Committee discussed plans to transition RTGS and CHAPS to near-24/7 settlement at its June 24 meeting. The meeting noted that the relevant Consultation Paper is seeking feedback from stakeholders, and that extended settlement hours will affect FX market structure and bring adjustments in financial stability, investment, funding and treasury management.

Bank of England publishes minutes of London FXJSC Legal Subcommittee meeting, focusing on transition to 2026 FX Definitions

Bank of England published the minutes of the London FXJSC Legal Subcommittee meeting held on June 16, with the 2026 FX Definitions and their implementation arrangements as the main focus. The four-year plan has entered the implementation phase, the SWIFT rulebook is expected to be updated in the summer, and the new definitions are scheduled to transition in November 2027, when the 1998 definitions will cease to apply. The new framework will be unified into a versionable digital system and will provide an implementation roadmap, guidance, and confirmation templates.

Access to the SWIFT blockchain ledger requires banks to have three layers of internal digital asset infrastructure

SWIFT's new blockchain ledger does not replace banks' internal systems or existing settlement arrangements. To connect to it, banks need a permissioned ledger, digital asset wallets, and tokenization and smart contract capabilities. The ledger is used to orchestrate around-the-clock transfers of cross-border tokenized deposits. HSBC, Standard Chartered, DBS, and Citi have completed real-time transactions, with some payments settling within minutes over weekends.

欧洲五家支付组织成立 European Network for Payments，建设跨境支付网络

Bancomat、Bizum、Wero背后的European Payments Initiative、SIBS-MB WAY和Vipps MobilePay成立 European Network for Payments，计划在马德里运营共同互操作枢纽。

ECB推进Pontes代币化资产结算试点并评估TIPS与Pix互联

ECB理事会批准Pontes初始上线协议，使代币化资产的批发交易能够以央行货币结算，并计划于9月21日启动初始阶段。ECB还批准评估TIPS与巴西即时支付系统Pix互联的可行性，并将Visa Europe Payment System认定为系统重要性支付系统，由ECB牵头监督。

Plaid Guaranteed Payments 更新工具让客户获批金额提升超过 22%

Plaid 发布 Guaranteed Payments 秋季更新，客户在过去一个季度的获批金额较基线提升超过 22%。更新加入自定义用户属性、每笔交易刷新设备账户和行为信号，以及部分金额保障和延迟保障。该产品运行在 Signal 与 Protect 之上，前者训练于 $311B 交易，后者覆盖 1 billion 台设备和 500M+ 个关联账户。

澳大利亚 2026 年卡支付改革：商户需知的免附加费规则与交换费上限变化

澳大利亚央行（RBA）公布商户卡支付成本与附加费审查第三阶段结论，自 2026 年 10 月 1 日起 EFTPOS、Mastercard、Visa 将实施禁止卡支付附加费规则，并下调国内交换费上限；2027 年 4 月 1 日起对境外发行卡实施 1% 交换费上限。

欧洲央行推出 Pontes，让代币化资产以央行资金结算

欧洲央行推出 Pontes，作为分布式账本网络与 Eurosystem TARGET 结算服务之间的桥梁，让批发代币化资产交易能以央行资金结算。该服务基于 2024 年 64 家参与方、超过 40 项试验和逾 15.9 亿欧元交易的经验，初期功能有限，目标 2028 年全面实施。

欧洲央行启动自有资金投资代币化证券，结算经 Pontes 以央行货币完成

欧洲央行启动准备工作，将把部分自有资金投资于代币化证券，交易通过 Eurosystem 的 DLT 结算方案 Pontes 以央行货币结算。初期投资聚焦欧元计价的欧元区政府与欧洲超国家机构证券，执行委员会将在准备工作完成后确定操作细节与时间。

Eurosystem推出Pontes，为代币化资产批发交易提供中央银行货币结算

Eurosystem推出Pontes，使代币化资产的批发交易能够使用中央银行货币结算。Pontes是Eurosystem代币化金融战略计划下的首项举措，初期提供一组核心服务，增强功能和更长运营时间将逐步加入，完整实施预计于2028年完成。首批市场参与者和DLT运营商已完成准入并可立即使用，更多参与者计划在未来几个月接入。

英国央行推迟 2026 年 11 月 RTGS 标准发布

英国央行宣布，原定于 2026 年 11 月发布的 RTGS 标准及 CHAPS 付款消息标准将整体延期。此前，SWIFT 因业界需要更多时间准备移除非结构化邮政地址格式，决定推迟 November 2026 Swift Standards Release；英国央行将继续与 SWIFT、其他市场基础设施和 RTGS 参与者协调后续时间表。

Checkout.com 如何构建持续优化的 AI 支付优化系统

Checkout.com 构建了持续运行的 AI agent 层，用于发现、测试并扩展支付优化策略，同时由支付专家审核提案并设置统计门槛。平台目前运行着超过 200 个实时实验，Intelligent Acceptance 平均提升支付接受率 3.8 个百分点；2025 年平台执行了 10.5 billion 次优化，帮助商户挽回 $11.2 billion 收入。

RPIB就英国下一代零售支付基础设施设计启动咨询

英国Retail Payments Infrastructure Board（RPIB）启动对下一代零售支付基础设施设计的咨询，为未来基础设施蓝图征集意见。咨询涵盖支付流程、关键设计选择及优先事项，并考虑在保留现有功能的基础上支持销售点账户到账户支付和增强型跨境支付。

Bank of England公布RTGS与CHAPS变更路线图，CHAPS将于2027年9月从1:30开放

Bank of England在首次RTGS CHAPS Industry Forum会议纪要中公布了服务变更路线图，CHAPS将于2027年9月从1:30开放。