AI
PayPal to launch AI-powered products
At least three of the firm's six newly-announced tools will harness AI.
Mike Dalton 2 min read 
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Mike Dalton 2 min read 
Technology
Elon Musk’s X platform to introduce peer-to-peer payments
The social media platform further revealed intentions to use AI to improve its users' experience.
Payments
Elon Musk says X payments likely by mid-2024
Musk also downplayed the importance of cryptocurrency, saying that he spends "hardly any" time thinking about it..
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Technology
Mastercard backs Fideum Group’s vision to merge crypto with traditional finance
Fideum aims to harness Mastercard's global network to accelerate digital asset integration into the financial industry.
Technology
Vitalik Buterin signals potential Plasma scaling resurgence with tech enhancements
Vitalik Buterin rekindles interest in Plasma scaling solutions with an eye on ZK-SNARK improvements for enhanced security and efficiency.
Adoption
XRP market cap adds $2B following Ripple’s payment network expansion
Ripple is partnering with payments fintech company Onfariq to open routes connecting Africa and beyond.
Banking
Multiple deposit delays across US banks linked to ACH system error
The problem has been traced to an error in the Automated Clearing House's private sector partner Electronic Payment Network, with work ongoing to correct the issue.
Payments
Elon Musk says X payments will eliminate need for bank account by end of 2024
Musk said the app will handle money and securities but made no mention of crypto.
Partnerships
Circle partners with major Taiwan convenience store chain to convert loyalty points to crypto
Innovative 'Points-to-Crypto' service launched by Circle, BitoGroup, and Taiwan FamilyMart
