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There is a race to the top in Agentic commerce, and Google is here to make sure its name is front and center. The tech giant launched its Universal Commerce Protocol (UCP), a new open standard for agentic commerce, and payments companies like PayPal are jumping on board. Read on for more fintech news headlines. We’ll continue to add more announcements as the week progresses.
DeFi
Rain raises $250 million Series C to scale stablecoin-powered payments infrastructure for global enterprises.
BNY extends digital cash capabilities for institutional clients.
Ripple receives FCA permissions to scale Ripple Payments in the UK.
Payments and Commerce
Walmart and Google partner to launch agent-led commerce.
FIS launches tool to help banks participate in agentic commerce.
PayPal announces support of Google’s Universal Commerce Protocol (UCP).
Google launches the Universal Commerce Protocol (UCP), a new open standard for agentic commerce.
MoneyHash and Spare partner to advance open banking adoption in the UAE.
Digital banking
The State of Georgia Department of Banking and Finance has officially accepted Checkout.com‘s application for a Merchant Acquirer Limited Purpose Bank (MALPB) charter.
Wio Bank unveils first UAE bank account for content creators.
Photo by John Robertson
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