Newswire Summaries
Visa Canada, Wealthsimple pilot stablecoin settlement in Canada
Tuesday, May 05, 2026 15:59:45 (UTC)
Visa Canada and Wealthsimple Pilot Stablecoin Settlement in Canada Visa Canada and Wealthsimple partner to pilot stablecoin settlement in Canada, marking a new chapter in money movement in Canada TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- Visa Canada and Wealthsimple today announced a collaboration to bring stablecoin settlement to the Canadian market for the first time through Visa’s pilot program. This marks a significant milestone in Visa’s global stablecoin strategy and undersco...
Visa expands ‘Agentic Ready’ program to Canada to advance AI-driven commerce
Tuesday, May 05, 2026 15:58:09 (UTC)
Visa Expands ‘Agentic Ready’ Program to Canada to Advance AI-Driven Commerce Tailored for Canada, Visa’s Agentic Ready program is designed to support the payments ecosystem as it prepares for a new era of agentic commerce TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- Visa today announced the expansion of its global program, Visa Agentic Ready, to issuers in Canada. The program is designed to help the Canadian payments ecosystem prepare for the next evolution of commerce, where AI...
Rayls launches public chain, advancing mission to bring global finance onchain
Tuesday, May 05, 2026 15:30:46 (UTC)
Rayls Launches Public Chain, Advancing its Mission to Bring Global Finance Onchain • With the Public Chain launch, the Rayls ecosystem reaches a major milestone enabling faster and more efficient stablecoins, tokenized deposit and privacy payments and tokenisation and distribution of RWA with privacy and compliance. • Production deployments with leading institutions, including XP Inc. (USDXP stablecoin), Núclea (Brazil's largest payment FMI, supporting 150+ financial institutio...
Avant deploys AI virtual agent
Tuesday, May 05, 2026 15:26:10 (UTC)
Avant Deploys AI Virtual Agent In partnership with Replicant, Avant brings an AI virtual agent to customer service, improving response times, call resolution, and customer satisfaction CHICAGO, May 5, 2026 – Avant, a leading financial technology company, today announced the deployment of an artificial intelligence-powered Virtual Agent, developed in partnership with Replicant, a market-leading conversational AI platform, across the Avant Card inbound customer service operation. S...
Cedar Point FCU selects Velera for card processing support
Tuesday, May 05, 2026 15:24:37 (UTC)
Cedar Point Federal Credit Union Selects Velera for Card Processing Support Tampa, Fla. (May 5, 2026) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, is pleased to announce it will provide Cedar Point Federal Credit Union (Cedar Point) with debit and credit card processing services and support. Based in Maryland, Cedar Point serves more than 47,000 members and manages over $882 million in as...
Orlando CU, BAFS team up to amplify commercial lending program
Tuesday, May 05, 2026 15:23:18 (UTC)
Orlando Credit Union Amplifies Commercial Lending Program Through BAFS Partnership ~ Collaboration equips credit union with end-to-end support to streamline commercial lending workflows, strengthen portfolio management ~ MONROE, La., May 5, 2026 — Business Alliance Financial Services (BAFS), a leading provider of commercial lending technology and services, today highlighted the ongoing success of its partnership with Orlando Credit Union (‘Orlando CU’) to modernize its commercial ...
ParaScript®, ABBYY partner to deliver end-to-end document intelligence
Tuesday, May 05, 2026 15:21:26 (UTC)
ParaScript® Partners with ABBYY to Deliver End-to-End Document Intelligence Integrated capabilities improve accuracy, reduce manual review and strengthen fraud detection across document workflows BOULDER, Colo. – May 5, 2026 - ParaScript, an AI-powered document processing company, today announced an alliance with ABBYY, combining ABBYY’s OCR and intelligent document processing (IDP) platform with ParaScript’s handwriting recognition and fraud detection capabilities to deliver a u...
Finastra Nammu21 team up to cut loan onboarding time
Tuesday, May 05, 2026 15:19:58 (UTC)
Finastra and Nammu21 Team Up to Cut Loan Onboarding Time Partnership brings AI-powered document intelligence to Loan IQ, turning credit agreements into structured, digital data ATLANTA – May 5, 2026 – Finastra and Nammu21 are partnering to solve a long-standing industry challenge in lending- turning complex credit agreements into usable data without the need for manual processing. By bringing the two technologies together, agents and lenders can book loans more quickly and efficiently...
RS2 expands LATAM footprint through major long-term processing agreement
Tuesday, May 05, 2026 15:14:13 (UTC)
RS2 Expands Latin America Footprint Through Major Long-Term Processing Agreement New partnership extends RS2’s acquiring and issuing capabilities across eight additional markets, reinforcing BankWORKS® as a platform for regional payments growth FRANKFURT, Germany – May 5, 2026 – RS2, a Tier-1 global provider of payment processing infrastructure and payment technology solutions, today announced a significant long-term processing agreement with a major financial services partner...
MoonPay MoonAgents Card lets AI agents spend stablecoins anywhere MC accepted
Monday, May 04, 2026 17:34:26 (UTC)
MoonPay Announces 'MoonAgents Card' Enabling AI Agents to Spend Stablecoins Anywhere Mastercard Is Accepted MoonAgents Card will launch under an expanded partnership between MoonPay, Exodus and Monavate NEW YORK, May 1, 2026 /PRNewswire/ -- MoonPay, the leading crypto payments network, today announced it will launch MoonAgents Card, a virtual Mastercard debit card that lets users and AI agents spend stablecoins directly from their onchain balances. Through seamless crypto to f...
