Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
India Acknowledges Iranian Oil Purchases, Dismisses Payment Woes
India is buying crude from Iran among other countries in order to navigate the current energy crisis, the country's oil ministry said, denying payment hurdles were impeding those purchases. The statement is a rare public recognition of energy ties…
Payment issue? Govt reacts after Iranian oil tanker diverts from India to China
India dismisses reports of payment problems affecting Iranian crude oil imports, affirming that its refiners can source oil from diverse global suppliers and that rerouting of tankers is standard industry practice. India denies payment hurdles for…
Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to 'payment issues': Govt
Indian refiners are buying crude from Iran as part of their efforts to secure oil supplies amid the disruption in energy flows due to the West Asia war and there are no payment-related hurdles in paying for Iranian oil, the government said…
Pavel Durov: Russia's anti-VPN measures triggered payment failure
Telegram founder Pavel has attributed a massive disruption in Russia's domestic payment systems to the government's own attempts to block Virtual Private Networks (VPNS). Given the severity of the situation, the billionaire founder said today that…
India Buying Iranian Oil, No Payment Issues: Government Clarifies | Dynamite News
The Indian government denied reports of payment issues in Iranian crude imports, confirming that refiners are purchasing oil from Iran. It said tanker route changes are normal in global trade and assured that India's oil supply remains fully…
Petroleum Ministry Refutes Crude Cargo Diversion To China Due To Payment Issues
New Delhi: The Petroleum Ministry on Saturday refuted the reports alleging that an Iranian crude cargo heading to India was diverted to China due to 'payment issues'. In an X post, the Petroleum Ministry stated that India has faced no payment…
The U.K. Is Set To Spend $183 Billion on Pensions This Year. Nigel Farage Vows To Keep Hiking Payments.
The U.K. will spend nearly 138 billion pounds ($183 billion) on retiree benefits this year, more than its entire education or defense budgets. Despite the eye-watering cost, British politicians are pledging to keep funding it. On Thursday, Reform…
Telegram's Durov says Russia triggered payment system problem by blocking VPNs
Telegram founder Pavel Durov said on Saturday Russia's attempt to block Virtual Private Networks triggered a problem with a domestic payment system, adding that tens of millions of…
India buys oil from Iran for first time in 7 years with no payment issues
Indian refiners have purchased Iranian oil amid the West Asia conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday. The world's third-biggest oil importer and consumer, India…
One Inc and ManageMy Power Digital Payments for Insurance
This collaboration brings together One Inc's ClaimsPay and PremiumPay network, which enables insurance-native digital payments, and ManageMy's platform for insurance carriers, which enables digital experiences across sales, service and claims, the…
Digital Money Has a New Payment Standard and It's Not Built For Humans
On Thursday (April 2), those legacy payments got an autonomous upgrade with the transfer of the x402 protocol to the Linux Foundation, a nonprofit organization focused on open source. At the center of this initiative is an unlikely candidate: HTTP…
Housing market trends favor home shoppers, but Iran war clouds the outlook for mortgage rates
The economic fallout from the war with Iran is driving up the cost of buying a home, even as other housing market trends in many parts of the country favor home shoppers this spring. Mortgage rates have been rising since the war began, as surging…
Iranian Oil cargo to India diverts to China amid payment dispute
An Aframax tanker loaded with around 600,000 barrels of Iranian crude oil from Kharg Island, which was on its way to Vadinar (Gujarat), has now changed course and is headed to China. This would have been the first Iranian crude cargo delivered to…
Nebraska Senate candidate restructures campaign after complaint over payments to family: report
NEWYou can now listen to Fox News articles! U.S. Senate candidate in Nebraska Dan Osborn is reportedly restructuring his campaign following complaints he has been improperly steering funds for personal use to his relatives, including his wife, who…
Housing market trends favor home shoppers, but Iran war clouds the outlook for mortgage rates
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