Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Musk pushing to make X an 'everything app' with new banking and payment platform
More than three years after acquiring Twitter, Elon Musk says he's nearing his long-stated goal of turning it into an “everything app” with a new financial services tool that he pledged to launch for the public this month. X Money, a…
Hana Bank expands infrastructure financing, digital payment businesses in Vietnam
Hana Bank said Sunday it signed a memorandum of understanding (MOU) with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to expand infrastructure cooperation in Vietnam. The agreement was signed Thursday in Hanoi…
TUI, Jet2 and easyJet issue holiday payment updates as fuel crisis fears grow
Numerous airlines have released statements for passengers worried about being slapped with additional charges for holidays they've already reserved as the conflict in the Middle East has sparked fears of a jet fuel shortage. It has also meant fuel…
State pension alert over £300 payments into bank accounts
People receiving the state pension are being encouraged to check whether they're eligible for extra payments. Experts in welfare benefits have warned that many people remain unaware they could claim more, as some recipients could boost their…
Paytm Payments Bank license revocation: Fate of 66K BCs in a limbo
The fate of about 66,000 business correspondents (BCs) and 719 permanent staff members is in a limbo following the cancellation of Paytm Payments Bank Ltd's (PPBL) license by the Reserve Bank of India (RBI), bringing into sharp focus the viability…
Millions of Nationwide customers to be denied £100 Fairer Share payment
Millions of Nationwide members will be denied the £100 Fairer Share payment in 2026, it has been warned. Virgin Money customers now with Nationwide after the bank's high street takeover of its rival may not qualify until 2027 Virgin Money's…
DWP confirms PIP payments up to £778 for common health issues
The Department for Work and Pensions (DWP) is set to issue payments of up to £778 to Personal Independence Payment (PIP) claimants with musculoskeletal conditions throughout May, following April's rate rises. These revised payments reflect…
Hana Bank opens QR payments in Vietnam for Korean travelers
South Korean travelers will be able to make QR payments in Vietnam without cash or cards, as Hana Bank expands its global payment platform GLN into one of Southeast Asia's fastest-growing markets. Hana Bank said Sunday it signed a partnership with…
When does a token of thanks become payment for blood donation? Balance needed to preserve altruism
SINGAPORE – Rewarding blood donors with monetary incentives requires a delicate balance to avoid undermining the noble act. The Health Sciences Authority (HSA) and the Singapore Red Cross (SRC) announced on April 15 that Healthpoints will be…
Airlines Secretly Sold Your Travel And Payment Data To The IRS And FBI - Now They're Being Sued
The federal government isn't spposed to have access to all of your travel itineraries and payment details without a good reason. They need to put their requests in writing or even have a subpeona. Some information is available to TSA for checking…
Visa Earnings Preview: I'm Not Ready To Write A Check (NYSE:V)
Visa remains the dominant payment processor, boasting 5 billion cards and 60.79% market share despite slight declines year-over-year. I maintain a 'hold' rating due to Visa's high absolute valuation, even as revenue and profitability continue to…
Worrying: Customer deposits worth ₹800cr stuck in Paytm Payments Bank
What's the story Almost two years after operations were suspended, over ₹800 crore of customer deposits remain stuck in Paytm Payments Bank. Of the total sum, roughly half is locked in frozen accounts, while ₹400 crore is still…
Circle (CRCL), OSL Group Partner to Expand Global USDC Accessibility and Trading
Circle Internet Group Inc. (NYSE:CRCL) is one of the Circle Internet Group Inc. (NYSE: CRCL) is one of the best new stocks to invest in according to hedge funds. On April 22, OSL Group and Circle entered a partnership to expand the accessibility of…
Prediction: This Will Be Meta's Stock Price in 5 Years
Shares of social media giant Meta Platforms (META +2.48%) are trading at about $675 as of this writing, giving the stock a valuation of about 29 times earnings. That's not cheap -- especially for a company planning a massive artificial intelligence…
Prediction: This Cryptocurrency Will Go Parabolic Following the SpaceX IPO
Standing at the intersection of internet culture and financial speculation, Dogecoin (DOGE +0.14%) is a token born out of clever satire that has repeatedly defied expectations. With SpaceX gearing up for potentially the largest initial public…
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