Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
U.K. Offers Payments to Fishermen Hit by Brexit Trade Obstacles
$31 million fund to be made available for exporters: Johnson Fishing industry has struggled to sell fish to EU post-Brexit U.K. Prime Minister Boris Johnson said fishermen hit by Brexit trade disruption will receive payments from the government…
Third Stimulus Check: $1,400 Payments Unlikely To Be Passed This January
The US Congress is unlikely to pass Biden's $1.9 trillion bill until early February The bill will boost stimulus payments by $1,400 The $1.9 trillion bill will also increase the weekly unemployment benefits to $400 See this article with the full…
Requiem for the plastic payment card
We love to indulge in a little “How it Works”. Lightbulbs, automobiles, airplanes, plumbing…it's hard to imagine life without these technologies, and they are cool inventions to learn about. Here at Swan, we geek-out over…
82% of Small Business Owners Ready for Digital Payments
A new study by Visa reveals 82% of small business owners are shifting toward digital payments in response to the pandemic. According to the Visa Back to Business Study, small businesses are rolling out new forms of in-store contactless payments.
US urges Australia to abandon news payment plan for tech giants
The United States has urged Australia to abandon its plan to force Google and Facebook to pay media outlets for their news content, saying there could be 'long-lasting negative consequences' for consumers and companies. Australia wants to force the…
Worldline and Nexi emerge as chief beneficiaries of EU payment consolidation
The recent wave of consolidation among payment processors in Europe provides a powerful motivation for banks to review their acquiring business, according to a deep-dive analysis of the EU payments sector by Jefferies. The study, which covers 25…
Uniqlo to add own payment feature to smartphone app
Clothing retailer aims to collect more detailed customer information KEIICHI FURUKAWA, Nikkei staff writer | TOKYO -- The operator of Uniqlo casualwear stores will add a payment function to its smartphone app, making customer purchase histories…
Mogo Announces Shareholder Approvals for its Acquisition of Digital Payments Company Carta Worldwide
Transaction expected to be completed on or about January 25, 2021 Mogo Inc. (NASDAQ: MOGO; TSX: MOGO) ('Mogo' or the 'Company'), a digital payments and financial technology company empowering the next generation of consumers with innovative…
Payments Data Strategy in the period of Payments Modernization
Historically, much of the data linked to payments has been underused (or not at all used) — in large part because processing systems were not set up to extract and operationalize this data. AML and Sanctions screening have faced much of heat…
Australian companies handing back $1.7million in JopKeeper payments
Super Retail Group will return $1.7million JobKeeper payments to government The Australian business giant had a record online sales period of $237million The group owns popular retail stores Supercheap Auto, BCF and Rebel Sport Australian business…
Is it time for the Nordics to learn payments innovation from India?
India has completely renewed its digital payments infrastructure and created a model which the rest of the world - including the Nordic - could and should learn from when designing the payment services for the future. The Nordic countries are the…
Stimulus checks: Everything you need to know about Plan B if your $600 payment didn't come
The IRS has stopped automatically sending stimulus checks. Now, some may have to wait weeks or months for their money to arrive. Here's what we know. Now that we're a few days beyond the mandated cutoff for the IRS and US Treasury to send the…
Universal Credit payment uplift to be remain as MPs vote for extension - full details
Universal Credit payment changes were voted on today as Labour pressured Rishi Suank and the wider Government to keep the £20 uplift in place. The results of this vote were released today following a lengthy debate. The motion to keep the…
BBC Click showcases Tappy's wearable contactless payments technology • NFCW
PARTNER NEWS: The latest episode of the British public broadcaster's popular technology series includes a segment on wearable payments that features a demonstration of how consumers can use Tappy's technology to add a tokenized bank card to a wide…
IDEX Biometrics Expands its Strategic Partnerships by Adding Another Global Payment Network
Oslo, Norway – 19 January 2021 - IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has entered into a strategic engagement with an additional US-based global payment network scheme.
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