Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Payment arrears and 'involution' still slam traditional China industries: survey
Many of China's private firms continue to face tough operating conditions, including intense market competition, persistent payment delays and weak domestic demand, though technology firms have shown stronger momentum, according to fresh survey…
Can Bitcoin Miners Become Part Of The Payment Stack?
Cashier in a warehouse that receives payments and transactions in bitcoin. Bitcoin began as peer-to-peer electronic cash, but the market gave it a different job. Over the past decade, Bitcoin has become crypto's benchmark investment asset:…
Social Security payments of up to $994 will arrive this week-what to know
Social Security benefits are paid to millions of Americans each month. This week, Supplemental Security Income (SSI) payments will be made to relevant beneficiaries across the United States. Supplemental Security Income (SSI) is a federal benefit…
Phone taps and 'sham' payments to Liberals in ICAC bombshell hearing
Phone taps of developer Jean Nassif boasting of his influence over the former NSW Coalition government and allegations of payments to Liberal operatives to take over the NSW division with Christian conservatives have been aired on an explosive…
DWP confirms early £952 payments for state pensioners in August
Pension Credit will be paid early on Friday, August 28 due to the summer bank holiday The Department for Work and Pensions (DWP) has confirmed early payments of up to £952 for some state pensioners in August due to the summer Bank Holiday.
Indian diamond merchant abducted in Mali; freed after ransom payment
Discover how Indian-origin diamond businessman Dhiru Ramani was freed in Mali after his family reportedly paid a substantial ransom, highlighting the risks faced by Indian nationals abroad. Indian-origin diamond businessman Dhiru Ramani was freed…
Woman, 31, Says Sister Guilt-Tripped Her Into Cosigning $15,000 In Medical Debt - Then Stopped Making Payments Six Months Later
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A woman, 31, cosigned a $15,000 medical financing loan for her sister's fertility treatments after weeks of pressure and tears over family dinners.
One Inc Says the Best Insurance Payment Is the One Nobody Notices
For insurers, payments have long served as the moments when policyholders notice the mechanics of the relationship. A premium must be collected. A refund must arrive. Those transactions often define the customer's impression of the carrier. Kishore…
Andy Burnham confirms £470 payments for state pensioners
Millions of pensioners will see their income rise by up to £470 this year, the Government says. It follows an announcement that over-65s will not have to pay income tax if the state pension is their only source of income. Andy Burnham's…
Andy Burnham to attach two conditions to DWP benefits payments in crackdown
Young people face being stripped of welfare payments unless they do training OR voluntary work under new Labour Party Prime Minister Andy Burnham. Mr Burnham is plotting a crackdown on youth sickness benefits which are paid out by the Department…
Abu Dhabi Police warn of surge in online fraud scams during salary payment period
Abu Dhabi Police have warned residents of a rise in electronic fraud and financial scams during the salary payment period, urging the public to remain vigilant, avoid suspicious links and misleading offers, and deal only with official and trusted…
Global Payments Inc. $GPN Shares Bought by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP grew its position in Global Payments Inc. (NYSE:GPN - Free Report) by 1.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned…
Blockchain Finality Explained: When Is a Crypto Payment Final?
Finality sounds simple. You send a crypto payment, it lands, and that is that. But on blockchains, final can mean a few different things depending on the chain, the wallet or exchange in the middle, and how risk averse you are. This is one of those…
Delta Global Management LP Invests $1.74 Million in Global Payments Inc. $GPN
Delta Global Management LP bought a new stake in Global Payments Inc. (NYSE:GPN - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,794…
From rails to routine
Stephen Mulenga, Regional Manager for Zambia at Sybrin. When Zambia moved its domestic card traffic off the international networks and onto its own National Financial Switch (NFS), one of the key objectives of the NFS was to reduce the cost of…
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