NFC World

News from the NFC World journal

Crypto National Trust Banks move into the federal mainstream

A quiet but consequential shift is under way in US financial regulation. Crypto National Trust Banks Five prominent digital asset firms — Circle, Ripple, Fidelity Digital Assets, BitGo and Paxos — have secured conditional approval from the Office of the Comptroller of the Currency (OCC) to convert into federally chartered national trust banks. The decision

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A ‘Stablecoin Supercycle’ and the coming re-architecture of banking

For centuries, money has been reassuringly simple. Central banks issued currency, commercial banks intermediated deposits and credit, and payments followed well-worn rails. A ‘Stablecoin Supercycle’ That clarity is now dissolving. Stablecoins — blockchain-based tokens pegged to fiat currencies — are edging towards what enthusiasts call a “supercycle”: a phase of rapid proliferation that could reshape

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Italy’s card business: an EU leader in volume – and growth

As the European Union (EU)’s third largest economy and a world top ten economic force, Italy has experienced rapid modernisation of its payment systems in recent years, in parallel with consolidation in its previously fragmented banking sector. And while cash use declines in line with other major economies, cards continue to play a major –

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AI as buyer: From assisted search to autonomous spend

The first trend in Global Payments’ 2026 Commerce and Payment Trends Report marks a decisive shift in how transactions are initiated and executed: AI is evolving from a passive recommendation engine into an active purchasing agent. AI as buyer What began with chatbots handling customer queries has matured into “agentic commerce”, where AI systems can

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Agentic AI and the rewiring of financial services power

Agentic AI represents a decisive break from the assistive technologies that have defined the past decade of fintech innovation. Agentic AI and the rewiring of financial services These systems do not merely recommend or optimise; they evaluate options, select outcomes, authorise actions and execute transactions across interconnected systems, all within pre-set human constraints. In financial

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The dark web’s discount identity market for bank biometrics

The commodification of identity on the dark web is reshaping the economics of financial crime — and exposing the limits of biometric verification. The dark web’s discount identity market New analysis from AMLTRIX, an open-source anti-money laundering framework, illustrates how mature and accessible the illicit identity trade has become. Across 25 widely available dark-web markets

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