Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Is The US Dollar Under Pressure From New Payment Rails?
1,000 Argentinian pesos alongside a 100 US dollar bill. (Photo by LUIS ROBAYO / AFP) (Photo by LUIS ROBAYO/AFP via Getty Images) Recent reactions to US policymaking and tariffs have contributed to a decline in the dollar's value, leading some to…
China adviser sees bright future for yuan payment system in emerging economies
China should leverage bilateral and multilateral deals to accelerate the adoption of its cross-border payment system, a prominent political adviser has urged, as concerns deepen over the potential for intensified “financial…
State pensioners to get up to £44 'bonus payment' in bank accounts
Extra cash will shortly be hitting the bank accounts of millions of pensioners across the country. The state pension is set to increase for 2026 from early April onwards. Those who've retired since 2016 can expect an additional £44 landing in…
Trump administration enacts 6-month moratorium on Minnesota Medicaid payments
Vice President Vance and top health official Mehmet Oz announced a 6-month “moratorium” on Medicaid payments to Minnesota, claiming it was an effort to crack down on fraud. The state's governor is calling it “targeted…
Tennis stars take issue with Alcaraz and Sinner payments in debate over earnings
Several former tennis players have claimed that Carlos Alcaraz should receive a higher base fee to attend ATP tournaments than Jannik Sinner. Alcaraz and Sinner are undisputedly the two best players of the post 'Big-three' era, although Novak…
FDA to offer bonus payments to staffers who complete speedy drug reviews
The head of the Food and Drug Administration plans to start offering bonus payments to agency drug reviewers who complete their work ahead of schedule, the latest in a flurry of changes to longstanding norms and procedures. FDA Commissioner Marty…
How to come up with a down payment in the Boston area: 'Things have never cost more'
The median home price in Greater Boston surpassed $1 million last July. It's a sticker price that has many first-time buyers reeling — and wondering how they'll ever be able to put aside enough money for a down payment. “Everyone's…
Trump halts $250M in Medicaid payments to Minnesota over alleged fraud
Feb. 25 (UPI) -- The Trump administration announced Wednesday it is pausing more than a quarter-billion dollars in Medicaid payments to Minnesota over alleged fraud, a move state officials called the latest act of political retribution against a…
FDA to offer bonus payments to staffers who complete speedy drug reviews
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White House 'war on fraud' to begin with freezing Medicaid payments to Minnesota
Vice President JD Vance announced Wednesday that the federal government is withholding $259.5 million in Medicaid funding from Minnesota. The move is part of the “war on fraud” that Trump announced during his State of the Union…
Sorry for Your Loss. Please Remit Payment.
Before I get into why I loathe inheritance tax, let me issue a disclaimer. Never, ever do anything to piss off the taxman. There's a line: don't even walk towards it, let alone cross it. With nearly everything happening electronically now, you…
CIMB partners Ant International to explore cross-border payments, liquidity management solutions
KUALA LUMPUR: CIMB Group Holdings Bhd and Ant International have agreed to jointly explore innovations in cross-border payments and treasury and liquidity management solutions for businesses in Malaysia. The comprehensive partnership will see CIMB…
Huawei launches new GT Runner 2 smartwatch with contactless payments
Global number one selling wearable brand Huawei has unveiled its latest innovations at the Now is Your Run global product launch event in Madrid. The event took place just days ahead of the world's largest annual smartphone trade show MWC 26 which…
South Korea watchdog fines Coupang $1.6 million for pressuring suppliers, delaying payments
SEOUL, Feb 26 (Reuters) - South Korea's antitrust regulator said on Thursday it has fined Coupang 2.2 billion won ($1.55 million) for pressuring suppliers to cut prices and shoulder additional costs to meet profit margins…
Nolte: Judge-Ordered $345 Million Payment Could Bankrupt Greenpeace
A judge is expected to order Greenpeace to pay a $345 million judgment, which will (hopefully) bankrupt the extremist environmental organization. Greenpeace is expected to appeal the ruling. Last year, a jury awarded Energy Transfer $660 million…
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