Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
She can't get payment relief on her $137,000 in private student loans. It's a warning for millions of federal borrowers.
When Samantha Ferguson applied to university in 2003, she turned to private student loans to finance her education. That's because she wanted to study politics in Scotland and couldn't get federal student loans to study abroad. So she borrowed just…
State pensioners under 76 handed £965.20 state pension payments every 4 weeks
Younger state pensioners will get a £574 boost State pensioners who have retired in the past 10 years and are on the new state pension are now being handed up to £965.20 every four weeks. The DWP has set the state pension payment rates…
Knowledge Nugget: RBI proposes 'Kill Switch' for payment safety. What it is and why it matters
In this context, let's know what Kill Switch is and learn about various initiatives taken by the government to address the rising cases of digital fraud in the country. 1. In its report, ‘Discussion Paper – Exploring Safeguards in…
XRP Road To $10 Broken Down By Experts, Who Are Also Backing This New Payment Token To Shine
CoinDesk recently reported that XRP is getting a fresh payments narrative after Rakuten integrated the token for transactions in Japan, adding real-world utility to a market that has been watching for the next leg of adoption. The same report also…
France's CB Payments Network Aims to Take on Visa/Mastercard in EU
That's according to a report Sunday (April 19) from the Financial Times (FT), which says this effort is happening as European Union (EU) officials express concern that the two payment companies' dominance could be used against the region. Philippe…
DWP has axed two benefits and will make no more payments
Two benefits have been scrapped by the DWP with no further payments to be made. It's part of an overhaul of the welfare system which has taken years. Older, so-called legacy benefits have been phased over recent years and rolled into Universal…
£100 Nationwide payments set to arrive for certain customers in June
Nationwide could be set to distribute millions of £100 Fairer Share bonuses to customers who meet certain requirements. The world's largest building society sent out these payments in 2023, 2024, and again last year, reports MirrorOnline.
Jumhuria bank announces its Palm Payment service
Jumhouria Bank, Libya's biggest bank, has announced its Palm-scan Payment service. The launch was announced during the bank's participation at the 52 Tripoli International Fair, which is celebrating its 100th anniversary. Jumhouria bank said the…
Turning global ambition into action: how Australia-founded Airwallex builds financial infrastructure to power growth
As the business expanded internationally, the constraints of traditional banking models became more pronounced. Managing payroll, cross border payments and customer receipts across currencies created cost, delay and fragmented visibility, driven…
Microdrama Takes Center Stage at Cairns Crocodiles as FlareFlow Data Shows Australia Outperforming Global Markets (EXCLUSIVE)
Vertical drama is entering Australia's mainstream screen industry conversation, with Cairns Crocodiles set to host a dedicated microdrama panel that brings together platform executives, broadcasters and content creators at the annual APAC…
One state dominated this list of the best cities for college grads
Graduation season is upon us, and while this year's graduates have much to celebrate, they're also entering adulthood under significant financial pressure. They have more student loan debt than previous generations, face an unforgiving job market…
Why Recursion Pharmaceuticals Inc (RXRX) Expanded Citeline Partnership
Recursion Pharmaceuticals Inc (NASDAQ: RXRX) is among the best medical AI stocks to buy now. On March 31, Recursion moved to supercharge its AI-driven drug discovery platform through an expanded partnership with Citeline. Citeline is a leading…
The Latest: 8 children dead after a mass shooting in Louisiana, police say
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Anthropic is now banking infra ; Revolut GlobalHire isn't an HR product. It's a payments product ; AI Agents started opening bank accounts
👋 Hey, Linas here! Welcome back to a 🔓 weekly free edition 🔓 of my daily newsletter. Each day, I focus on 3 stories that are making a difference in the financial technology space. Coupled with things worth watching & most…
The Latest: Standoff escalates after Iran closes Strait of Hormuz over US blockade
Iran reversed its decision to reopen the Strait of Hormuz and warned that it would continue to block transit through the strait as long as the U.S. blockade of Iranian ports remained in effect. The escalating standoff over the critical chokepoint…
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