Hong Kong has awarded its first licences for stablecoin issuance to HSBC and Anchorpoint Financial, a venture backed by Standard Chartered, making them the first approved issuers of digital tokens linked to the Hong Kong dollar.

Anchorpoint Financial is jointly owned by Standard Chartered, Hong Kong Telecommunications and Animoca Brands.

In a separate deve...

PayPal has added its Payment Links app to the Canva Marketplace, enabling Canva users to embed checkout options directly into designs created on the graphic design platform.

In a statement, PayPal said the integration will allow “265 million monthly users worldwide to turn any design into a checkout experience”.

PayPal Payment Links is now available inside...

India’s central bank is considering new controls for high-value transactions amid rise in digital frauds.

According to a Reuters report, the Reserve Bank of Ind...

Visa has introduced Intelligent Commerce Connect, a new offering designed to help businesses participate in AI-powered commerce.

The product sits within the Visa Intelligent Commerce portfolio and is positioned as an “on ramp” for agent builders, merchants, and enablers to support agentic transactions.

According to the payment giant, Intelligent Commerce C...

Australian Payments Plus (AP+), which operates the country’s domestic payments infrastructure, has entered into an agreement to sell its consumer peer-to-peer payments app, Beem, to Bolt Group.

Financial details of the transaction were not divulged.

Beem was launched in 2018. According to the app’s website, it has recorded more than three million downloads...