Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Korea triples single-stock leveraged ETF deposit, requires full cash payment
Korea will triple the minimum deposit for single-stock leveraged exchange-traded funds (ETFs) to 30 million won ($20,303) from the current 10 million won as regulators seek to curb speculative trading in the products. Investors will be required to…
Mpumalanga official dismissed after SIU probe into alleged R28,000 COVID payment
Mpumalanga Department of Public Works official Jacob Bandile Ngcobo faces corruption charges after the SIU uncovered alleged conflicts of interest linked to pandemic procurement contracts and payments. A Mpumalanga Department of Public Works, Roads…
How can businesses simplify invoicing and payment processing?
This post is brought to you in paid partnership with QuickBooks. Creating an invoice is rarely the hardest part of getting paid. For most small businesses, it takes only a few minutes to prepare an estimate, send an invoice, or request payment. The…
What are the easiest ways to accept payments online and in person?
This post is brought to you in paid partnership with QuickBooks Customers today expect businesses to accept payments however is most convenient, whether that's tapping a card at a checkout counter, paying an invoice from a phone, or completing a…
I secured an $849 monthly mortgage payment on my first home in New York. A few years later, I feel trapped by it.
In 2013, I threw reality out the window and reached out to a real-estate agent to try to buy a house. I had just turned 25 and felt like it was time to have my own space, even though I had minimal savings and a steep student-loan balance that my…
Yorkshire council scraps pensioner payments and school uniform help
Barnsley Council's Reform UK -led cabinet has greenlit plans to scrap cost of living payment for 1,000s of pensioners and help for parents buying school uniform. The local authority has today (July 15) given approval to axe its £100 cost of…
How Can Small Businesses Reduce Late Payments and Improve Cash Flow?
This post is brought to you in paid partnership with QuickBooks. Late payments are one of the most common reasons a profitable small business still runs into cash flow trouble. The fix isn't complicated, but it does require a more connected…
Cyclops Raises $20 Million to Scale Stablecoin Platform for Payments Firms
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Cyclops raises $20M to build the missing link in stablecoin payments
For years, stablecoins have been pitched as the future of moving money. The technology promises faster settlements, lower costs, and payments that don't stop when banks close. Yet for many of the world's largest payment companies, putting that…
Delhi government may seal buildings over non-payment of infra charges
3 min read New Delhi Make us preferred source on Google Cracking the whip on buildings in the national capital that have allegedly failed to pay mandatory Infrastructure Charges (IFC) to the Delhi Jal Board (DJB), the government has launched a…
The Premium Payment Is Becoming Insurance's Most Valuable Touchpoint
Billing used to be where the customer relationship ended for the month. The service was delivered, the invoice went out, the payment came in, and the provider moved on. For years, insurers and other service providers treated billing and payments as…
CSI purchases treasury payments fintech Qolo
Key insight: CSI has purchased Qolo, a commercial payments fintech, to bring its technology to community banks. Expert quote: 'Businesses now measure their bank's treasury tools against the software they already run everywhere else.' CCG Catalyst's…
More health workers strike over no payment as Congo Ebola cases exceed 2K, with 754 deaths
BUNIA, Congo — The number of confirmed cases of Ebola in Congo has reached 2,011, including 754 deaths, according to government data released overnight in what authorities say is the fastest-growing outbreak on record. Health workers at…
Andy Burnham £200 payments for state pensioners born before 1960
Millions of pensioners will receive automatic bonus payments later this year - but not all over-65s will qualify. It comes as Andy Burnham prepares to take over in Downing Street as the next Prime Minister following Keir Starmer's resignation.
DWP paying out automatic £200 payments for state pensioners under 80
The Department for Work and Pensions will pay out automatic £200 payments for retirees under 80 this winter. You'll get a letter in October or November telling you how much Winter Fuel Payment you'll get, the DWP has confirmed. If you do not…
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