The Paypers

First Abu Dhabi Bank has completed a live tokenized deposit transaction with Citi through Swift's Ledger platform. The transaction was completed bilaterally with US-based Citi and validated the end-to-end interaction between existing Swift payment messaging, tokenized deposits, and distributed ledger infrastructure. The Swift Ledger initiative is designed to reduce fragmentation across emerging tokenized money networks by providing an orchestration and interoperability layer.

Paymentology has partnered with Maxim to support the launch of its credit card programme for the African diaspora in the UK. The partnership combines Maxim's focus on improving cross-border access to credit for African customers with Paymentology's cloud-native issuer processing technology.

Morgan Stanley has entered the Dutch savings market by offering term deposits through Raisin's international savings platform. The deposits are provided through Morgan Stanley Europe SE, based in Germany, and can be opened from EUR 1.000. Deposits of up to EUR 100.000 per saver are covered by the German statutory deposit guarantee scheme. The three-month fixed-term deposit carries an interest rate of 2.50% p.a., a rate described as competitive for this term in the Dutch market.

SEON has partnered with Exist Software Labs to bring fraud prevention, identity verification, and AML compliance technology to the Philippines. The agreement gives Exist's clients access to SEON's platform, which combines fraud detection, transaction monitoring, identity checks, and compliance reporting in a single system. Exist, a Philippines-based technology and systems integration firm, will handle the deployment and integration of SEON's technology within clients' existing infrastructure.

ACI Worldwide has agreed to acquire Cranium Ventures to add card switching technology to ACI Connetic for Cards. Under the agreement, ACI will incorporate Cranium Ventures' microservices-based switching framework, known as SYNAP, into ACI Connetic for Cards, a product ACI launched in March 2026. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the third quarter of 2026.

Handwave has expanded its agreement with Visa to support secure card onboarding within its palm-based payment platform. The expanded partnership builds on an earlier collaboration between the two companies that centred on Visa's Token Management Service (TMS) for tokenised biometric payments.

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Incognia has published data showing that 81% of financial institutions have reported a rise in mule account handover fraud. The company, which provides cross-device risk intelligence, said the findings point to a broader industrialisation of fraud, with organised networks increasingly using legitimate financial accounts to move money across borders.

Alipay+ and S&P Global have published a report on interoperability, trust, and AI adoption in cross-border commerce. The study surveyed 6.000 consumers across nine markets in Asia, Europe, and the US on their cross-border spending habits, and points to a shift towards integrated wallet ecosystems that combine payments, rewards, bookings, and artificial intelligence within a single platform.

Some of the data collected by this provider is for the purposes of personalization and measuring advertising effectiveness. The provider may use the IP Addresses for ads measurement and ads personalization.