Our Scans · (FS.8.01) Future of Payments · Weekly Summary

• [New] Global digital payments are on track to surpass $361 billion by 2030. The Fintech Times
• [New] That the share of U.S. credit card payments in stores will decline to 36% and debit cards will slide to 25% as digital wallet use rises. The Ohio Society of CPAs
• [New] Over 50% of North American ISVs already offer embedded payments, and 74% of digital platforms are expected to embed a financial capability by 2030. Apideck
• [New] Fastest-Growing Region: Asia Pacific is anticipated to be the fastest-growing region, holding approximately 34.8% share, fueled by rapid e-commerce growth in China, India, and ASEAN, rising smartphone and digital payment penetration, and strong government support for retail digitalization. Persistence Market Research
• [New] The Worldpay report forecasts a decline in the share of credit card payments at U.S. brick-and-mortar stores as digital wallets gain popularity. The Ohio Society of CPAs
• [New] The National Disability Insurance Agency will get A$ 358.5 million ($260 million) over five years to develop a new digital enrolment and payment system to improve payment integrity and reduce fraud. Healthcare IT News
• [New] Cross-border payment revenues globally are projected to exceed USD 300 billion annually by 2030 due to rising digital transaction volumes and fintech expansion. Spherical Insights
• The Center for Medicare and Medicaid Services used advanced analytics and artificial intelligence to prevent more than $2 billion in improper Medicare payments, and that technology will be expanded to Medicaid as well. Citizens Against Government Waste
• Saudi Arabia's push through Vision 2030, SAMA's Open Banking Framework, and the rapid growth of digital payments are creating real opportunities for fintech operators, banks, SMEs, and investors alike. LinkedIn
• Success for SWIFT could mean more than faster payments; it could shape the future of regulated digital money. FinTech Weekly
• Particularly at a time of growing geopolitical tension, the digital euro will strengthen Europe's autonomy in payment system infrastructures, currently reliant on international providers across virtually all digital use cases, from e-commerce to person-to-person to in-store transactions. European Central Bank
• The Bank for International Settlements has highlighted that cross-border payment revenues could surpass USD 300 billion annually by 2030, encouraging banks to modernize global transaction systems using blockchain and distributed ledger technologies. Spherical Insights
• The number of digital banking users worldwide is expected to surpass 3.6 billion users by 2026, driven by rapid smartphone adoption and mobile payment growth. Spherical Insights
• Total 2026 debt service projected at 12.821 billion U.S. dollars; interest payments alone at 4.47 billion exceed the health budget of 2.2 billion. The Rio Times
• Shipping firms, including non-U.S. companies, could face sanctions if they pay Iran, solicit Iranian guarantees, or use indirect arrangements such as digital assets, swaps, embassy payments, or charitable transfers to secure passage through the Strait of Hormuz. Fault Lines
• A wealth-focused podcast host argues that SWIFT's blockchain-based cross-border payment rails could create a practical pathway for Ripple's XRP, shifting attention from short-term price moves to payment infrastructure. BingX News
• The FCA will gain new powers to regulate the future of Open Banking that will include underpinning the development of new Open Banking payments within commercial schemes. Bratby Law | Specialist UK Telecoms, Data and Payments
• HM Treasury will give the FCA new powers to regulate the future of Open Banking, including powers to underpin commercial open banking payments within commercial schemes developed by industry. Bratby Law | Specialist UK Telecoms, Data and Payments
• The digital euro and tokenised wholesale central bank money will enhance Europe's strategic autonomy, competitiveness and financial integration, and will boost innovation in payments. European Central Bank

Last updated: 18 June 2026