Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ex-miners Budget payment a 'long time coming', say trustees - BBC News
Former miners who will see a 41% rise in their pension after years of campaigning have welcomed the move - but say some will 'never' get to benefit from it. Members of the British Coal Staff Superannuation Scheme (BCSSS) - which has been held by…
Online payments player Omise debuts MCP server for agentic payments
Omise Co., Ltd. or Omise, a leading provider of online payment solutions in Asia-Pacific, today announced the launch of Omise MCP, enabling merchants to connect AI agents to Omise's full suite of payment capabilities. This content is provided by an…
RBI Joins the European Payments Initiative as Acceptor PSP
As Black Friday approaches, new research from Revolut reveals a lack of confidence amongst Brits as few trust their ability to spot a fake website or online scams Tandem Bank has today launched its new Portfolio Cash ISA, giving customers a…
DWP payment increases in full after PIP, UC and benefit Budget changes
Rachel Reeves unveiled £15 billion in welfare expenditure during Wednesday's Budget – featuring enhanced payments for recipients of Universal Credit, Personal Independence Payment (PIP) and child benefits. The Chancellor scrapped the…
European Council and Parliament reach agreement on new payment services regulation
The European Council and European Parliament have reached an agreement on amending the existing payment services directive (PSD2) that they say will step up the fight against fraud and increase transparency. This content has been selected, created…
UPSC Essentials | Daily subject-wise quiz : Economy MCQs on Balance of Payments, least developed countries and more (Week 138)
With reference to the Balance of Payments (BoP), consider the following statements: 1. The Balance of Payments (BoP) is a statistical statement that systematically records a nation's economic transactions with the rest of the world over a specific…
Raiffeisen Bank International joins European Payments Initiative as Acceptor PSP
Raiffeisen Bank International (RBI) has become a member of the European Payments Initiative (EPI) and acts now as an Acceptor Payment Service Provider (PSP). This content is provided by an external author without editing by Finextra. It expresses…
Spendl Money opens account and debit card for crypto-to-fiat payments
From the local team that launched Cardware Wallet, Africa's first fully air-gapped hardware wallet, comes Spendl Money, a secure, compliant way to convert cryptocurrency into fiat (ZAR) and spend it anywhere in the world. Built with a strong…
Omise Launches Omise MCP, Ushering in Autonomous, AI-Driven Payments
Omise Co., Ltd. or Omise, a leading provider of online payment solutions in Asia-Pacific, today announced the launch of Omise MCP, enabling merchants to connect AI agents to Omise's full suite of payment capabilities. With this release, businesses…
Polytechnic workers demand payment of outstanding promotion arrears - The Nation Newspaper
The Senior Staff Association of Nigerian Polytechnics (SSANIP) has asked the Federal Government to pay outstanding promotion arrears to polytechnic workers. The union also lamented worsening insecurity, growing economic hardship, and persistent…
Klarna Set to Take off With Lufthansa Group, Bringing Flexible Payments to Travellers Across Europe and the U.S.
Klarna, the global digital bank and flexible payments provider, today announces a new multi-market partnership with Lufthansa Group, Europe's leading airline group. The new agreement is facilitated by Klarna's integration with Adyen, the financial…
Thornburg Investment Management Inc. Trims Stake in Shift4 Payments, Inc. $FOUR
Thornburg Investment Management Inc. lessened its position in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 8.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,103…
India's Paytm receives RBI online payment aggregator licence
One 97 Communications, the parent company of Paytm Payment Services, has announced the receipt of the Reserve Bank of India's (RBI) online payment aggregator licence. The RBI issued the certificate of authorisation, following an in-principle…
XTX Topco Ltd Invests $3.75 Million in Shift4 Payments, Inc. $FOUR
XTX Topco Ltd bought a new position in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 37,841 shares of the company's stock, valued at approximately…
Ethereum Reveals New Interop Layer (EIL), Sequence Launches Trails for Unified Payments, Vitalik Presents Updated Roadmap at Devconnect, and EIP-7702 Infra Integration Explained
Ethereum has released new information on its planned interoperability layer (EIL), a major component of its long-term roadmap aimed at enabling seamless communication between Layer 1, Layer 2 rollups, and external ecosystems. The Defiant reports…
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