The days where payment tokenisation simply provides a tokenised, domain-controlled version of a payment account number appear to be diminishing fast. With international payment schemes now announcing advanced features such as agentic commerce based on verifiable credential standards, are we now on the brink of a golden age of payment tokenisation?  What are the implications of these new initiatives for the payment ecosystem? 

What has been announced?

For years, the payments industry has been on a seemingly unstoppable path toward global harmonisation, integration and alignment. The most recent poster child of this trend was the shift to the ISO 20022 messaging standard, which promised to unlock interoperability and seamless value movement across borders.

U.S. Bank, PwC, and the Stellar Development Foundation (SDF) unveiled a major step forward in making programmable money bank-grade: U.S. Bank is testing custom stablecoin issuance on the Stellar network.

The announcement was made on the U.S. Bank Money 20/20 podcast “The Tokenized Future of Banking.”

Denmark has long been recognised as one of Europe’s most forward-thinking insurance markets, combining a culture of innovation with a commitment to efficiency and customer experience. Building on this reputation, global no-code InsurTech INSTANDA has partnered with Copenhagen-based consultancy Process Factory. This collaboration brings together global technology leadership and local expertise to help Danish insurers and MGAs accelerate their digital ambitions.

The Agentic AI & Automation in Finance Summit brings together senior leaders across banking, payments, and financial services to explore how next-generation AI is transforming operational workflows, decision-making intelligence, and customer experience.

The discussion focuses on real-world applications of autonomous agents, generative intelligence, workflow orchestration, risk scoring automation, adaptive fraud controls, and fully digitized service models.

MOIN, a leading fintech company specializing in cross-border payment solutions, announced the expansion of its strategic partnership with Nium, the global infrastructure for real-time payments, at Korea Fintech Week. The expanded partnership will enhance global payout and collection capabilities, delivering faster, more affordable, and more transparent international money transfer services for Korean consumers and businesses, while enabling seamless settlement into Korea for global customers.

Regulatory frameworks continue to evolve, and 2025 has brought about even more changes as regulators step up their requirements. From simplified reporting to streamlined supervision and compliance, rules are tightening for financial institutions in Europe and elsewhere, with client-centricity being at the forefront of this shift. 

Tandem Bank has today launched its new Portfolio Cash ISA, giving customers a smarter, simpler and more flexible way to save tax-free.

The Portfolio Cash ISA brings together instant access and fixed-rate ISAs under one easy-to-manage portfolio, allowing customers to tailor savings to their needs. Savers can open up-to 20 ISAs, across any combination of instant access and fixed term accounts, offering flexibility or guaranteed returns.

Raiffeisen Bank International (RBI) has become a member of the European Payments Initiative (EPI) and acts now as an Acceptor Payment Service Provider (PSP). This strategic step reinforces RBI’s commitment to contributing to a unified and sovereign payment ecosystem across Europe.

Klarna, the global digital bank and flexible payments provider, today announces a new multi-market partnership with Lufthansa Group, Europe’s leading airline group. The new agreement is facilitated by Klarna’s integration with Adyen, the financial technology platform of choice for leading businesses.