The “Who Writes Checks Anymore?” Edition https://t.co/g7DhiIX999 ...

The “Who Writes Checks Anymore?” Editionhttps://t.co/CQ9RlrJ7eJ https://t.co/to7vRfCVm2 ...

Core Insights - Annature has launched ASIC Payments, a new product aimed at accounting firms, as part of its expanding Payments suite [1][4] - The product processed over $150,000 in real transactions during a two-month beta phase and is now available to all firms using Annature for corporate compliance [1][3] - The solution addresses bottlenecks in the annual statement procedure for corporate service providers and accounting firms [1] Product Features - ASIC Payments integrates payment collection into the digital signing process, allowing company directors to sign solvency resolutions and make ASIC payments in one step [2] - The payments are settled directly with ASIC, eliminating the need for BPAY, trust accounts, or reminders [2] - The product is built on the same infrastructure as Annature's eSigning and identity verification platforms, accessible via dashboard and API [3] Strategic Vision - Annature's CEO emphasized that the launch is part of a broader roadmap for payments, aiming to simplify client-authorized transactions and reduce compliance burdens [4] - The company envisions making transactions simple, compliant, and integrated into existing professional tools [4]

Group 1 - Major tech companies like Microsoft, Meta Platforms, and Alphabet are heavily investing in artificial intelligence and the necessary data center infrastructure, benefiting companies like Emcor that provide this infrastructure [1] - Emcor has seen increased attention from Wall Street due to its role in supporting hyperscale AI data centers, indicating a positive market response [1] - Google is innovating in digital payments and cryptocurrency through AI technology, which could disrupt existing financial systems [2] Group 2 - Palantir has been recognized as a leading stock in growth lists, driven by demand for its AI infrastructure solutions [4] - Bank of America has raised Palantir's price target, reflecting confidence in its growth potential [4] - Nvidia's stock has surged due to a significant $100 billion strategic partnership with OpenAI, highlighting the strong market interest in AI-related stocks [4]

Nine European banks — ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank, and Raiffeisen Bank International — have formed a new company to issue a MiCA-compliant euro stablecoin in the second half of 2026. The venture will seek an e-money license from the Dutch central bank, aiming to set a European digital payments standard while inviting more banks to join.https://t.co/mp3BnZY8wz ...

Walmart-backed PhonePe, India’s largest digital payments provider, files preliminary documents for an IPO which may raise as much as $1.5 billion https://t.co/b2pGJizDOV ...

Walmart-backed Flipkart India has invested $30m in Supermoney, its fintech division, aiming to include offerings such as lending and stock broking services, reported Bloomberg. The investment in Supermoney follows an earlier capital injection of $20m from Flipkart at the time of the fintech unit's spinoff. Supermoney, led by CEO Prakash Sikaria, is seeking to engage with external investors to support its growth plans. Since its inception, Supermoney is currently ranked as the fifth-largest UPI applicati ...

Core Insights - Kaia DLT Foundation, led by Dr. Sangmin Seo, is at the forefront of Asia's largest Web3 ecosystem, integrating blockchain technology into everyday applications like KakaoTalk and LINE, reaching over 250 million users [1][2] - The launch of Project Unify, a stablecoin-powered Web3 superapp in collaboration with LINE NEXT, aims to transform Asia's fragmented digital payments landscape [2][4] Company Overview - Dr. Sangmin Seo, also known as Dr. Sam, has a strong technical background and leadership experience, having previously worked with Kakao's blockchain ventures [1] - Kaia was established following the merger of Klaytn and Finschia, becoming one of the first blockchain entities in the Abu Dhabi Global Market [3] Project Unify - Project Unify integrates Kaia's stablecoin orchestration layer into LINE Messenger, creating a comprehensive Web3 superapp that includes payments, DeFi, DEX, and gaming [4][6] - The project aims to consolidate multiple regional stablecoins into a single app experience, facilitating issuance, payments, and yield opportunities across Asia [6] Market Context - Asia is characterized as the world's largest and most fragmented payments market, with approximately 5 billion people and nearly half of global GDP [4] - Digital payments in Asia face challenges due to fragmented regulatory systems and currencies, unlike the more unified networks seen in Europe [5] - Remittance flows to Asia exceed $130 billion annually, with cross-border e-commerce projected to grow by 70% by 2027, and tourism spending expected to increase by 334% in the same period [5]

Stablecoins are becoming the foundation of global finance.With PYUSD0 on Avalanche, digital dollars gain the speed and reliability for real-world payments, cross-border flows, and mainstream adoption. 🔺Avalanche, Where Capital Connects.https://t.co/9LdQ9SnI6cLayerZero (@LayerZero_Core):PayPal built the first global digital payment network at the onset of the internet age. In 2023, they were the first major fintech company to launch a stablecoin with PYUSD.With PYUSD0, PayPal and LayerZero are working to dri ...

Pine Labs, a digital payments provider in India, plans to raise as much as $700 million from an initial public offering in the second half of October, according to people familiar with the matter https://t.co/dFlLNZTdmS ...