News from the IoT World

Banks could lose as much as $230bn in payments revenue as stablecoins, tokenised deposits and central bank digital currencies move from experimentation into commercial use, according to Capgemini’s latest World Payments Report. Banks Face $230bn Payments Revenue Threat  The consultancy estimates these forms of “accelerated intelligent money” could account for around 4% of global payments

Mastercard and Danske Bank have completed Denmark’s first payment carried out entirely by an artificial intelligence agent on behalf of a consumer, providing another indication that agentic commerce is moving from concept towards live transactions. Mastercard and Danske Bank complete AI payment The transaction involved a customer instructing an AI agent to book a coffee-tasting

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launching Pontes to allow wholesale tokenised asset transactions to settle in central bank money. ECB brings Central Bank money to tokenised market Pontes is designed as a bridge between distributed ledger networks and the Eurosystem’s TARGET

Most of the payments industry’s attention over the past decade has gone to the front end of the transaction. Card-present acceptance, tokenisation, wallet provisioning, real-time account-to-account transfers. The disbursement side, where large sums move once rather than small sums move constantly, has attracted far less scrutiny. That imbalance is starting to look like a problem.

European Central Bank president Christine Lagarde has reportedly personally intervened to derail Binance’s attempt to secure an EU-wide crypto licence through Greece, according to the Wall Street Journal, raising fresh questions about the relationship between cryptocurrency regulation, stablecoins and Europe’s payments sovereignty agenda. lntervention in Binance MiCA bid raises questions Binance had applied to Greece’s

Britain’s payments overhaul is moving from policy to execution, with the new UK Payments Delivery Company launching an equity raise to finance the development of the country’s next-generation retail payments infrastructure. UK Banks back push for payments infrastructure UK PDC is inviting eligible banks, payment providers and other regulated organisations to become shareholders in the

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent’s economy while intensifying debate over payments innovation and competition from overseas sellers. European E-commerce Hits €911bn B2C e-commerce turnover across Europe reached €911bn in 2025, according to the 2026 European E-commerce Report from Ecommerce Europe and EuroCommerce,

Nearly 1,000 US merchants have urged a federal judge to reject the latest proposed settlement in the long-running battle over Visa and Mastercard interchange fees, arguing that the agreement offers temporary concessions while preserving the structure they blame for high card acceptance costs. US Merchants mount fresh challenge A filing backed by 978 merchants and

Hackers claiming responsibility for Revolut’s recent data breach say they deliberately targeted 680 customers with significant cryptocurrency holdings, adding a troubling new dimension to an incident already under investigation by regulators. Revolut Hackers claim 680 ‘Crypto Whales’ targeted The group told the Financial Times that it used blockchain analysis to identify high-value crypto customers before

Artificial intelligence is transforming online fraud from a collection of individual scams into something resembling an industrialised criminal supply chain, allowing attackers to operate at unprecedented speed and scale. AI is industrialising E-Commerce Fraud New research from Signifyd finds overall E-Commerce fraud pressure increased 33% year on year during the first four months of 2026,