Revolut and Visa Put AI in the Payment Loop
Hey Digital Banking Fanatic!
AI is moving from helping you find what to buy to potentially buying it for you.
Revolut and Visa are piloting what they describe as France’s first secure AI-initiated payment, with an AI agent able to handle a purchase on a customer’s behalf — but only with their prior consent.
The interesting part is that the experiment doesn’t try to replace the existing security stack. Visa Payment Passkey handles authentication while the payment still sits within the existing card and fraud-control infrastructure.
That raises a much bigger question for digital banking: if AI agents start making purchases for you, where does the bank’s role end — and where does the customer’s control begin?
And while Revolut is testing what banking could look like when AI starts acting on your behalf, this map takes a different look at Europe’s banks — by how many people they actually serve.
Let’s get into today’s Digital Banking stories. 👇 See you tomorrow!
Cheers,
INSIGHTS
💡 Europe’s Largest Banks by User Base. This map looks at European banking through retail reach rather than assets or valuation, showing the #1 bank in each country by customers served. Lloyds leads the UK with 28M customers, Ziraat Bankası serves 25M in Türkiye, and Crédit Agricole reaches 20.5M in France, highlighting how different the European banking landscape looks when measured by people rather than balance sheets.
NEWS
🇮🇳 Bandhan Bank launches four credit card variants in partnership with Mastercard. The Sparks, Ignite, Flare, and Lumina cards target diverse spending segments with rewards across grocery, travel, and dining.
🇺🇸 Klarna expands its partnership with StockX to bring flexible payment options to the U.S. and Canada. The integration, powered by Adyen, adds interest-free pay-in-4 and financing to two of StockX's largest markets.
🇫🇷 Revolut reaches a milestone in France, introducing AI-triggered payments in the market. The feature positions Revolut to prepare for the next age of online commerce as it deepens its European footprint.
🇹🇭 Ascend Bank restructures its operations ahead of its planned launch in Thailand. The neobank is reorganizing its structure and readying for launch as it prepares to enter the market.
🇹🇷 Standard Chartered to hand Liverpool FC shirt sponsorship to Turkish Airlines from the 2027–28 season in a £300m, five-year deal worth over £60m a season. That tops the current £50m-per-season arrangement with Standard Chartered, which has sponsored the club since 2010 and will transition to global partner status from 2027–28.
🇬🇧 Zopa Bank partners with NotifyNOW to simplify bereavement administration for customers. The collaboration aims to make the process easier with a single notification service.
🇺🇸 EverBank will combine with WaFd in a $3.9 billion reverse merger. The deal would create a combined bank with expanded national reach across retail and commercial banking.
🇰🇷 Finda recruits FinTech veterans to launch an AI savings bank in South Korea. The loan comparison platform operator has begun securing talent for the new venture as it expands into digital banking.
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