peachwire

British regulators are moving quickly to assess the implications of Anthropic’s new AI model, Claude Mythos Preview, after reports that the system has identified thousands of serious software vulnerabilities across widely used digital infrastructure. AI-driven cyber risk after Anthropic warning Reuters reported that UK authorities, including the Bank of England, the Financial Conduct Authority and […]

The US Federal Reserve has taken a potentially significant step towards extending FedNow beyond purely domestic payments. By opening a 60-day consultation on proposed amendments to Regulation J, the central bank is considering whether participants in its instant payments service should be allowed to use intermediaries other than reserve banks when transferring funds. That may

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend products and instead complete purchases on a customer’s behalf. Amex launches agentic commerce developer kit This week, the company unveiled its Amex Agentic Commerce Experiences, or ACE, developer kit,

Bank of America has offered a striking illustration of how corporate treasury is being reshaped by mobile technology, real-time data and artificial intelligence. Bank of America’s CashPro app usage rises 20% The bank says clients approved a record $1.2tn in payments through its CashPro App in 2025, equivalent to roughly $38,000 every second, while sign-ins

Swiss banks are moving from theory to experimentation in the race to build regulated digital money. Swiss banks testing CHF Stablecoin Six institutions — UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank and BCV — have joined Swiss Stablecoin AG to launch a sandbox for a Swiss franc stablecoin, with testing scheduled to run through 2026. The

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven shopping without having to build bespoke infrastructure from scratch. Visa launches Intelligence Commerce Connect tool The product, now being piloted with selected partners ahead of a broader rollout later

Confirmo’s regulatory approval from the Central Bank of Ireland is more than a corporate milestone. Confirmo’s Irish authorisation It is an early illustration of how Europe’s stablecoin payments market is beginning to divide between firms with full regulatory standing and those that may struggle to operate once MiCA’s transitional window closes. The company said its

Wero’s planned absorption of iDEAL is shaping up to be one of the most consequential payments transitions in Europe. On paper, the rationale is compelling. Wero’s planned absorption of iDEAL The European Payments Initiative wants to build a continent-wide account-to-account payment champion, reduce reliance on US card networks and give Europe a homegrown alternative with

Stablecoins are beginning to establish themselves as a serious instrument in business-to-business payments, shifting the conversation from speculative crypto activity towards practical treasury use. Stablecoins moving into mainstream B2B payments The latest figures suggest that adoption is no longer confined to experimentation. Instead, companies are increasingly turning to dollar-pegged digital assets for supplier payments, payroll

The International Monetary Fund’s latest warning on tokenisation is a timely reminder that payments innovation does not arrive in a vacuum. IMF warning on tokenisation Financial history shows that breakthroughs marketed as efficiency gains often carry hidden systemic risks, particularly when they begin to merge with core market infrastructure. In this case, the concern is