Payments

Barker sits down with American Banker Editor-in-Chief Chana Schoenberger to talk about her business.

The company is becoming a full-fledged processor and accelerating its artificial intelligence plays, moves CEO Paulette Rowe said provide more control over agentic commerce, which payment experts say is threatening traditional payment facilitators.

Canadian banks, financial institutions, fintechs and commerce companies have come together to develop a Canadian dollar-backed stablecoin that is slated to go live in early 2026. The move comes as U.S.-based banks continue to evaluate their own participation in the post-GENIUS Act world.

Fintechs and banks are rapidly placing checkout inside apps, e-commerce sites and travel services, standing on the shoulders of a new generation of artificial intelligence and data science to revolutionize customer experience. Some of the bank executives leading the charge spoke with American Banker about the innovation's potential.

The "Roughrider" coin, which is scheduled to launch in early 2026, will be the first state stablecoin to launch on Fiserv's digital asset platform.

The retail giant is betting on the mainstream appeal of digital assets, while Lloyds' cash-preservation strategy gains steam. That and more in American Banker's global payments and fintech roundup.

The Fairmont, West Virginia, bank is taking a $7.6 million hit to rid itself of $73 million in long-duration, low-yielding securities, though the sale of its payments subsidiary the week before cushions the blow.

The messaging service is building a network of banks to support the technology that underpins digital currencies. Technology experts say this "single location" concept encourages legacy institutions to adopt digital assets, but it's just one of many options.

Frank Bisignano, the former chairman and CEO of Fiserv, will become the "CEO" of the IRS, a newly created role, in addition to his post running the Social Security Administration.