Fiserv Partners with Sumitomo Mitsui Card Company
Fiserv (FISV) announced a strategic partnership with Sumitomo Mitsui Card Company (SMFG) to bring Fiserv's Clover suite of products to the country. This collaboration will bring an integrated payments and business management platform to millions of retail, food & beverage and professional service small businesses in Japan, driving digital transformation, improving operational efficiency, and accelerating adoption of cashless payments. Expected to launch in late 2026, the Clover suite of products will be tailored to Japan's unique business environment and support the country's national objective of increasing cashless payments to 65% by 2030. The platform will offer multistore support, smartphone-based operations, and centralized management tools.
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Zelle Expands Payment Network for Community Banks
- Significant User Growth: In 2025, Zelle onboarded 337 financial institutions, with 97% being community banks and credit unions under $10 billion in assets, providing real-time payment capabilities to approximately 13 million accounts, greatly enhancing payment convenience across the U.S.
- Key Role of Community Financial Institutions: By collaborating with community banks and credit unions, Zelle leverages their trusted relationships and local reach to facilitate fast, reliable money movement, aiding small businesses and families in managing essential expenses, thereby reinforcing its significance in the U.S. payment ecosystem.
- New Partnerships: Zelle launched initiatives with Veler and Alacriti to provide Minority Deposit Institutions with access to the same real-time payment solutions as larger institutions, further deepening community service and ensuring all users benefit from efficient payment experiences.
- Technology Integration and Innovation: As the largest partner reseller, Zelle collaborates with Early Warning Services, representing about two-thirds of financial institutions offering Zelle, driving seamless digital transaction experiences that align with consumer expectations for real-time payments.

Fidelity Investments Launches Dollar-Backed Stablecoin
- Stablecoin Launch: Fidelity Investments unveiled its dollar-backed stablecoin, Fidelity Digital Dollar (FIDD-USD), on Wednesday, marking a significant entry of a Wall Street heavyweight into the regulated digital dollar market, expected to attract both retail and institutional investors.
- Diverse Functionality: FIDD will be issued by Fidelity Digital Assets and will include features such as reserve management, purchase and redemption options, and coin issuance, aimed at enhancing user experience and meeting market demands.
- Industry Milestone: Mike O'Reilly, president of Fidelity Digital Assets, highlighted that the passage of the GENIUS Act provides clear regulatory frameworks for payment stablecoins, further advancing the transformative potential of the digital assets ecosystem.
- Market Expansion Trend: The announcement follows several publicly traded companies, including Fiserv, Klarna, and SoFi, launching stablecoins, indicating that the push for digital dollars is extending beyond traditional crypto issuers, suggesting broader market acceptance.









