Last week at Singapore Fintech Festival’s 10th anniversary, I sat down with senior leaders across payments companies, fintechs, and banks. What they told me – and what I witnessed on the show floor- revealed five forces reshaping the industry: agentic payments are moving from experiment to competitive weapon; payments-specific foundation models are emerging to challenge general-purpose AI; fraud management is now table stakes; transaction banking is delivering outsized AI returns; and stablecoins are fragme ...