Four-hour briefing
Fintech Briefing —
What changed in fintech over the last 4 hours
Top Stories
- EMVCo Develops Framework for AI Agent Payments
EMVCo is designing a technical framework to carry consumer intent and AI agent identification through card payment systems. The architecture introduces Intent Services to govern delegated purchasing authority alongside proposed Know Your Agent capabilities.
- BNY and Kraken Parent Explore Digital Infrastructure Partnership
BNY is discussing a potential partnership with Kraken parent Payward covering digital assets and financial market infrastructure. The talks encompass payments, custody, trading, and crypto products through Payward Services, though no deal has been finalized.
- ICBA Sues OCC Over Crypto National Trust Charters
The Independent Community Bankers of America sued the OCC, alleging it exceeded its authority under the National Bank Act by letting crypto firms obtain national trust bank charters without standard banking duties. The lawsuit asks a federal court to invalidate the regulator's March 2 final rule and Interpretive Letter No. 1176.
Technology
- Liberate's AI Platform Reaches 3.5 Million Monthly Insurance Transactions
Liberate reported that its automated agents have saved property and casualty insurers and brokers over 100 million minutes on routine requests. More than 70 carriers and brokers now handle over 3.5 million monthly transactions across after-hours coverage and claims operations.
Sources
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