Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
French Payments Weren't Meal Ticket for Investors
This article is for subscribers only. Bonjour et Bienvenue to the Paris Edition. I'm Bloomberg Opinion columnist Lionel Laurent. If you haven't yet, subscribe now to the Paris Edition newsletter. The end-of-year period is a time to take stock…
Apple loses its appeal of a scathing contempt ruling in iOS payments case
Back in April, District Court Judge Yvonne Gonzalez Rogers delivered a scathing judgment finding that Apple was in “willful violation” of her 2021 injunction intended to open up iOS App Store payments. That contempt of court finding…
What are the monthly payments on a $600,000 mortgage now, after the Fed's December rate cut?
After months of shifting economic signals, from cooling (but still elevated) inflation to a softer jobs market, the Federal Reserve issued another 25-basis-point rate cut at the close of its December meeting this week, marking its third reduction…
Shoppers turning to alternative payments such as buy now pay later - BRC report
Sign up for our email featuring expert insight and funding opportunities for entrepreneurs and SMEs I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Shoppers increasingly turned to…
What are the monthly payments on a $25,000 home equity loan after the December Fed rate cut?
If you find yourself in need of extra financing right now and interest rates on personal loans or credit cards make you uncomfortable with using either product, you may want to consider a unique funding source: your home equity. While a home equity…
Federal equalization payments to Manitoba to rise by $355M next year
New figures from Ottawa show the Manitoba government is forecast to see its federal equalization payments jump by $355 million, or 7.5 per cent, in the next fiscal year. Story continues below advertisement Equalization payments to the province have…
December 2025 payment dates for benefits and pensions plus cost of living support
As the end of 2025 draws nearer, higher bills combined with lower temperatures mean many will be facing increased costs in the approach to Christmas. For millions across the country, managing the cost of living remains a daily struggle as prices…
How closed payment system holds back Korea's global reach
When Patrick Storey moved to Korea in 2021 to work as the country manager for Visa, he didn't expect his first obstacle to be at a subway station. He got up early to catch the train to work and tried to tap his contactless Visa card at the gate…
Shoppers turning to alternative payments such as buy now pay later - BRC report
Shoppers increasingly turned to “alternative” ways to pay in 2024, such as buy now pay later methods, according to the British Retail Consortium (BRC). Its annual payments report found that alternative payments, which include buy now…
Ripple Exec Reacts to Europe's First Ripple Payments Launch
Cassie Craddock, a Ripple executive, has reacted very enthusiastically to the new partnership with AMINA Bank, claiming that she is 'thrilled' about the recent tie-up. 'In doing so AMINA Bank is bringing seamless, friction-free cross-border…
Trump says he has brought down mortgage payments by nearly $3,000 a year
President Donald Trump is touting improvements in mortgage costs since he took office as he looks to address Americans' concerns about affordability amid persistent inflation in the economy. Trump spoke at a rally in Pennsylvania on Monday and…
Russia's Shift Workers Face Mounting Wage Payment Delays
Shift workers across Russia are increasingly reporting delayed or unpaid wages, the pro-Kremlin daily Izvestia reported Friday. Cases have been documented this year in regions across the country including Sverdlovsk, Kaliningrad, the Yamal-Nenets…
Petco Hack Exposes Millions, Temu Accused of Spyware, and Ransomware Payments Hit $4.5B-Are You at Risk?
When the news broke that Petco suffered a data breach that could have exposed the personal data of millions of customers, the conversation here at PCMag was, “Why does Petco store social security numbers?” There are probably…
YouTube Adds Crypto Payments for Creators
YouTube now allows U.S. creators to receive their earnings in PayPal's dollar-backed stablecoin PYUSD, adding a crypto payout option alongside traditional fiat withdrawals. The integration runs through PayPal's existing mass payout system, meaning…
Ripple expands European footprint with AMINA stablecoin payment partnership
The payments subsidiary of blockchain services company Ripple has partnered with Swiss bank Amina to provide it with access to its payment infrastructure. According to a Friday Ripple Payments announcement, the company will allow Amina to…
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