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IndustryUpdate





                             ANNOUNCEMENTS                        Nuvei completes live agentic
                                                                  commerce proof of concept
                             BR-DGE raises £10M to                Nuvei completed a live proof of concept for agentic
                             accelerate global expansion          commerce with Visa, Arvato Systems and fashion brand
                                                                  Kings and Priests, enabling an  AI agent to complete
                             BR-DGE secured a £10 million         a purchase and payment within the agent experience
          (approximately $13.6 million) funding round led by      using Visa rails and tokenized credentials. The transac-
          new investor Bettor Capital to support international    tion included shopper-defined controls such as spending
          expansion and platform development. The company         limits and approved categories.
          said transaction volumes have increased 15-fold in less
          than two years and are expected to surpass 100 million   Nuvei said the project demonstrates how agentic com-
          transactions per month by year-end.                     merce can move beyond product discovery into end-
                                                                  to-end purchasing. The company plans to expand the
          Originally focused on gaming payments, BR-DGE           capabilities  toward  production  and  is  targeting  initial
          is  expanding  into  additional  enterprise  sectors,  with   availability of its Nuvei Agentic Payments platform in
          recent customers including The Hut Group and Betfred.   the second half of 2026.
          BR-DGE also appointed Perry Blacher as chairman as it
          continues building payment orchestration and optimiza-  One Identity to become independent company
          tion tools for enterprise merchants.

          Karrier One integrates three                            One Identity disclosed plans to operate as an indepen-
          technologies into super app                             dent company as demand grows for identity governance
                                                                  and privileged access management tools. The company
          Karrier One launched an over-the-top communications     said the move will provide greater focus and investment
          app combining secure voice and messaging,  AI assis-    as organizations face rising identity complexity, expand-
          tance and blockchain-based payments through a single    ing SaaS environments and increased cybersecurity
          phone number. The platform integrates SCION secure-     threats tied to both human and non-human identities.
          routing technology, programmable wallets on the Sui
          Layer 1 blockchain and an embedded AI assistant. Users   One Identity also designated Cork, Ireland, as its global
          can make encrypted calls, exchange messages and trans-  headquarters, reflecting its large European engineering
          fer digital assets using phone numbers linked to block-  presence and growing regional customer base. CEO
          chain wallets.                                          Praerit Garg said AI-driven automation is accelerating
                                                                  identity governance challenges. The company expects to
          Karrier One said the app is designed to support secure   continue its standalone transition through 2026 with its
          communications  and financial inclusion, with pilot     current executive leadership team.
          deployments  planned  for  underserved  communities  in
          Canada, the United States,  Africa and Southeast  Asia.   Square's new AI integrations
          The app is available on Apple and Google app stores.    aid discoverability, commerce
          Klarna applies for U.S. banking license                 Square launched a new ChatGPT app and Claude plugin
                                                                  designed to help sellers become discoverable and trans-
          Klarna applied to the Utah Department of Financial      act directly through  AI-powered conversations. U.S.
          Institutions and the FDIC to establish Klarna Bank      food and beverage sellers using Square Online Ordering
          USA, a proposed Utah-chartered industrial bank. If      are the first participants, allowing customers to browse
          approved, the bank will operate as a wholly owned sub-  menus and place orders through AI experiences using
          sidiary of Klarna Inc., with independent governance and   the Order by Cash App.
          FDIC  insurance.  Klarna  said  the  charter  would  allow
          it to bring existing banking operations in-house while   Square said eligible sellers are automatically enrolled
          expanding payments, savings, credit and merchant ser-   with no added setup, fees or marketplace commissions.
          vices in the United States.                             The company is also working with Amazon on Alexa+
                                                                  integrations as part of a broader strategy to expand
          The company, which has operated as a licensed bank in   AI-driven commerce and customer discovery.
          Europe since 2017, said 30 million Americans use Klarna
          annually. Gary Harding, former CEO of Milestone Bank
          and Prime  Alliance Bank, was selected to lead Klarna   RESEARCH
          Bank USA.
                                                                  Experience-led spending reshapes summer travel
                                                                  Paysafe released research showing that summer 2026
                                                                  travel spending is increasingly focused on experiences
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