Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Colombia Buys Dollars in Spot Market as Swap Payment Looms
Colombia's finance ministry is once again buying dollars in the spot market, traders say, as authorities gear up to pay off a controversial Swiss franc swap before the presidential election later this month. The government bought more than $1…
JPMorgan, Citi Sued for Frozen Payments to Sanctioned China Firm
JPMorgan Chase & Co. and Citigroup Inc. were sued by a Chinese energy company for freezing payments meant for a firm that later came under US sanctions, a rare legal dispute that underscores the intensifying regulatory crossfire between Washington…
Shift4 Payments: Q1 Earnings Snapshot
CENTER VALLEY, Pa. (AP) — CENTER VALLEY, Pa. (AP) — Shift4 Payments, Inc. (FOUR) on Thursday reported first-quarter profit of $15 million. The Center Valley, Pennsylvania-based company said it had net loss of 1 cent per share.
Fury as nearly 1.5M migrants on benefits - as Brits demand payments be slashed
NEARLY 1.5million migrants claimed Universal Credit last year, new figures have revealed. The data, obtained via freedom of information rules by the Centre for Migration Control, reveal that 15.6 per cent of the 9.6million people supported by the…
The average American car payment is now $680 a month - and millions can't keep up
Some types of debt seem inescapable. Tens of millions of American are saddled with mortgages, student loans, credit card debt or a combination of the three. But there's another place where Americans also carry huge outstanding liabilities: in their…
Watch: Digital asset payment framework approved by Cabinet, says Burt
2213c002-6619-4f70-a1d7-51b185224907 Created: May 07, 2026 06:28 PM (Updated: May 07, 2026 06:31 PM) David Burt, the Premier and Minister of Finance at Consensus 2026 (Photograph supplied) Cabinet has approved a framework to allow the Government of…
Kraken to buy stablecoin payments firm Reap in $600 million deal: Bloomberg
May 7, 2026, 12:52 p.m. 2 min read Kraken parent company Payward agreed to acquire stablecoin-focused payments firm Reap Technologies in a $600 million cash-and-stock deal, Bloomberg reported Thursday, citing Payward and Kraken co-CEO Arjunt Sethi.
UPI Tax Payment Limit 2026: How to Pay Income Tax Above ₹1 Lakh
As the tax season intensifies, many taxpayers are discovering they can bypass the traditional 'net banking' hurdle. While the standard Unified Payments Interface (UPI) limit remains capped at ₹1 lakh for most daily transfers, the National…
3i Africa Summit: Inclusive Instant Payments Are Essential Infrastructure- BoG - The Ghanaian Chronicle
First Deputy Governor of the Bank of Ghana, Zakari Mumuni, has called for urgent action to build inclusive and interoperable instant payment systems across Africa, insisting that such systems are now critical economic infrastructure for the…
Amazon's new AI wallet: AWS, Coinbase, and Stripe build payment rails for bots
May 7, 2026, 4:50 p.m. 2 min read Amazon Web Services (AWS) rolled out a new payments infrastructure for AI agents on Thursday which is built in partnership with Coinbase and Stripe. AWS explained that autonomous software agents will be allowed to…
Cash payments, unpaid tax, safety breaches: Construction giant's 'disturbing' mega-project failings exposed
A construction giant overseeing mega-infrastructure projects in NSW and Victoria used sub-contractors engaged in suspected tax evasion, worker exploitation, safety breaches and insurance fraud, a damning inquiry has found. The independent inquiry…
Why Is Shift4 Payments Stock Soaring Thursday? - Shift4 Payments (NYSE:FOUR)
The stock surged over 9%, as high short interest—exceeding 19% of the float—likely acted as a catalyst, amplifying buying pressure and accelerating the rally. Quarterly gross revenue increased 32% year over year to $1.121 billion…
Bhooth Bangla Crew Members Allege Non-Payment Of Dues Of ₹48 Lakh, Say 'Top Vendors Are Prioritised
Bhooth Bangla, starring Akshay Kumar, has been performing well at the box office. The film, which was released on April 10, has surpassed the ₹100 crore mark in 20 days. Amid the success, the crew members rose in uproar alleging non payment…
AWS, Coinbase Launch Crypto Payment Infrastructure for AI Agents
Amazon Web Services has integrated Coinbase's x402 payments protocol and wallet infrastructure into Amazon Bedrock AgentCore, allowing agents to make USDC micropayments and access services autonomously through AWS-managed payment controls.
Ainley Top housing plan 'that will ruin views' approved with £250,000 payment
Plans for a 46-home development at Ainley Top have been approved following the agreement of £250,000 in legal obligations. A portion of the funding, which forms a condition of the planning approval, will be allocated towards primary school…
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