Daily brief
July 29, 2025
6 stories curated for this day.
- Western Union is exploring the integration of stablecoins and artificial intelligence to enhance the efficiency of its cross-border payment operations. Sources: pymnts (opens in a new tab)
- Trovata, a cash management platform, has acquired Atom, a treasury management system, to expand its product offerings. Sources: finextra (opens in a new tab)
- FIS announced that its Money Movement Hub would integrate Circle's USDC infrastructure, enabling US financial institutions to offer customers domestic and cross-border USDC payments. Sources: finextra (opens in a new tab)
- Reports indicate a disagreement between Bank of England Governor Andrew Bailey and Shadow Chancellor Rachel Reeves regarding Revolut's application for a UK banking license. Sources: finextra (opens in a new tab)
- Revolut extended its retail account to 16-17-year-olds, giving them access to salary deposits, budgeting pockets, and foreign exchange features without adult supervision. Sources: finextra (opens in a new tab)
- Safaricom and PayPal have partnered to link accounts, enabling M-Pesa users in Kenya to transfer funds between their mobile money and PayPal accounts. Sources: finextra (opens in a new tab)