Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Michael Johnson accused of fraud over $500k 'secret' payment from Grand Slam Track
Four-time U.S. Olympic gold medalist Michael Johnson has been accused of fraud after his Grand Slam Track league “secretly” transferred $500,000 to him at a time when he allegedly knew that there were insufficient funds to pay…
Global Payments Inc. stock outperforms competitors despite losses on the day
Shares of Global Payments Inc. GPN slid 1.68% to $73.54 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 6,781.48 and Dow Jones Industrial Average DJIA falling 0.07%…
HSBC announces £500 payments into customers' accounts from today
HSBC UK has announced a new move that will see it pay up to £500 into accounts. It is enticing customers with up to £500 cashback for depositing and/or transferring new funds into a cash ISA and/or a Stocks and Shares ISA this spring.
Millions of people to get bigger unemployment payments under new bill
A newly introduced bill in the New York State Senate would extend the length of time unemployed New Yorkers can receive unemployment insurance benefits, a change supporters say would provide additional economic stability for workers who struggle to…
Binance, PayPal, and Ripple join Mastercard's massive new push into blockchain payments
Mastercard has launched a new Crypto Partner Program that brings together more than 85 companies from across the digital asset and payments industries, an effort to link blockchain technology more directly with the infrastructure that underpins…
Mastercard's Shift From Payments To Software (NYSE:MA)
Mastercard is transforming from a payment network into a high-margin enterprise SaaS and cybersecurity provider, driving a fundamental shift in its revenue mix. Value-Added Services and Solutions now comprise over 40% of revenue, growing at a…
WGA to Seek Payment for AI Training on Scripts as Talks With Studios Set to Begin
The Writers Guild of America went on strike three years ago in large part out of fears of writers being replaced by artificial intelligence. That has not happened — whether due to copyright issues, or because AI doesn't write well, or…
Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet
Since the emergence of ChatGPT and chatbots, the artificial intelligence (AI) hype has evolved into 'agentic payments,' billed as the next wave of internet commerce in which humans won't be transacting. It will be AI agents paying each other: The…
Stablecoins are starting to reshape payments and banking, Macquarie says
Stablecoins are evolving from a niche crypto trading tool into a potential layer of global financial infrastructure, according to Australian investment bank Macquarie. While most U.S. dollar-denominated stablecoin activity, mainly in Tether's USDT…
Ripple Pushes for Australian License Through BC Payments Purchase
Ripple Labs is set to obtain the Australian Financial Services License (AFSL) through its purchase of BC Payments in an April 1 deal. This will expand the company's footprint in Australia, where it is already providing fast and efficient…
Why banks are moving beyond single-provider stablecoin payment rails
Latest developments: Infrastructure providers are increasingly building network-based stablecoin payment systems instead of single-provider rails, said Borderless CEO, Kevin Lehtiniitty, in an interview on CoinDesk's Markets Outlook. Borderless…
Ripple Seeks Australian Financial License to 'Scale' Payments Across the Region
Ripple said Tuesday it is seeking an Australian Financial Services License through the acquisition of BC Payments, a move that would place the crypto firm within Australia's regulated financial services framework. The license will allow Ripple to…
5 days left to claim $150k for down payment on your home under 'Dream' program
AMERICANS looking to buy a home only have five days left to apply for a home loan through a state-backed program. The California-based program, called Dream for All, will close its application window on March 16. Your info will be used in…
DWP cuts Universal Credit payment by £50 from April - check if you're affected
It can be stressful if you are worried about cuts to your payments The government has laid out controversial measures which will see a cut in Universal Credit from April - but not for everyone. Claimants will need to check if they are affected. The…
XRP News Today: Ripple to Acquire BC Payments to Secure License in Australia
33 minutes ago Updated 22 minutes ago Expertise: Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative…
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