Payments Industry News

A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

businessinsider.com - Adriana Nunez - Amazon debuted hand-scan payments to help expand its retail push
Amazon debuted hand-scan payments to help expand its retail push
Business Insider

Amazon launched Amazon One, a biometric technology that'll allow customers to make contactless payments using hand-scanning technology. The launch could help further Amazon's payments and retail push. Insider Intelligence publishes hundreds of…

wsj.com - Paul J. Davies - Singapore Shuts Wirecard Payments Operation
Singapore Shuts Wirecard Payments Operation
Wall Street Journal

Singapore's central bank ordered Wirecard AG to shut its local payment network and return customer funds, the latest step in the dismantling of the former fintech star that was sunk by an alleged multibillion-dollar fraud. The Monetary Authority of…

bmj.com - Voluntary disclosures of payments from pharmaceutical companies to healthcare professionals in Germany: a descriptive study of disclosures in 2015 and 2016
Voluntary disclosures of payments from pharmaceutical companies to healthcare professionals in Germany: a descriptive study of disclosures in 2015 and 2016
BMJ

http://orcid.org/0000-0001-8847-5497 Marlene Stoll,2, Lara Hubenschmid2, http://orcid.org/0000-0003-0827-7023 Cora Koch3, Klaus Lieb, Department of Psychiatry and Psychotherapy, University Medical Center Mainz, Mainz, Germany Leibniz Institute for…

finextra.com - Editorial Team - US politicians weigh response to OCC payments charters
US politicians weigh response to OCC payments charters
Finextra Research

With financial technology firms growing fast and big tech outfits increasingly moving into the FS sector, a senior US politician has warned about the risks of 'too-big-to-fail' fintechs. In a hearing of the House of Representatives Task Force on…

finextra.com - Editorial Team - Ecommpay launches open banking payments system for UK market
Ecommpay launches open banking payments system for UK market
Finextra Research

International payment service provider and direct bank card acquirer, ECOMMPAY, has today announced the launch of its new payment system Open Banking by ECOMMPAY, which enables consumers to initiate online payments to merchants. The…

infosecurity-magazine.com - Phil Muncaster - Amazon Trials Palm Scanner for Contactless Payments
Amazon Trials Palm Scanner for Contactless Payments
Infosecurity Magazine

Amazon has unveiled a new biometric scanner it hopes will streamline contactless payment security and physical access for consumers and businesses. Currently being trialled in a couple of Amazon Go stores in Seattle, the Amazon One scans the user's…

paymentssource.com - David Heun - Faster payments are complex, but consumer demand is high
Faster payments are complex, but consumer demand is high
PaymentsSource

Processing transactions quickly enough to serve digital commerce comes with arduous upgrades and complicated choices, but that's only the stick. The carrot is people like faster payments, so there's plenty of opportunities to boost payment revenue.

syracuse.com - Leada Gore | lgore@al.com - Second stimulus check: Democrats' $2.2 trillion bill includes $1,200 payments, $600 in unemployment
Second stimulus check: Democrats' $2.2 trillion bill includes $1,200 payments, $600 in unemployment
syracuse

Can the South handle another recession? In what may be a last-ditch effort before the presidential election, Democrats have unveiled a $2.2 trillion coronavirus relief package that includes a second round of stimulus payments and a boost to…

flightglobal.com - Cirium - ​TAP defers lease payments and looks to sell up to eight aircraft
​TAP defers lease payments and looks to sell up to eight aircraft
Flightglobal.com

TAP Air Portugal has negotiated payment deferrals covering about 60% of its leased fleet, and is looking at selling up to eight Airbus narrowbodies as well as returning some aircraft early to lessors. The Portuguese flag carrier has made the…

thestar.com - Ann Marie Elpa - Deferral on OSAP payments ends today. Facing tens of thousands of dollars in debt and dismal job prospects, these postgraduates are worried
Deferral on OSAP payments ends today. Facing tens of thousands of dollars in debt and dismal job prospects, these postgraduates are worried
thestar.com

Aditi Damle knows all too well the struggles of repaying an Ontario student loan. The recent computer science graduate from the University of Toronto faced the pressure of trying to find a full-time job in a highly competitive, scarce job market…

consensys.net - Webinar on the Universal Token for Assets and Payments | ConsenSys Codefi
Webinar on the Universal Token for Assets and Payments | ConsenSys Codefi
ConsenSys

Blockchain technology and more specifically the emergence of programmable tokens have enabled the creation of digital currencies and assets. Thus far in the Ethereum space, the ERC20 and ERC1400 tokens have set the standards for token functionality…

abcnews.go.com - Amanda Maile - Furloughed flight attendant's future uncertain as industry fights for aid
Furloughed flight attendant's future uncertain as industry fights for aid
ABC News

Annette Hala has worked as a flight attendant for United Airlines for the past seven years. She worked her last flight a week ago. 'I dreamed of being a flight attendant when I was a little girl and my dream came true,' Hala said in an interview…

wrdw.com - Staff - GreenJackets reportedly behind on rent payments
GreenJackets reportedly behind on rent payments
WRDW

Published: Sep. 30, 2020 at 7:34 AM EDT|Updated: 1 hour ago NORTH AUGUSTA, S.C. (WRDW/WAGT) - The Augusta GreenJackets are reportedly a quarter of a million dollars behind on rent for SRP Park. North Augusta city officials tell us the minor league…

livemint.com - Ashwin Ramarathinam - Future Enterprises skids 4% on defaulting on interest payments of NCDs
Future Enterprises skids 4% on defaulting on interest payments of NCDs
mint

1 min read. 30 Sep 2020 Ashwin Ramarathinam Future Enterprises on Tuesday said it has defaulted on interest payment of ₹16.11 crore for a gross principal amount of ₹332 crore MUMBAI: Shares of retail major Future Enterprises fell 4.4%…

chinaeconomicreview.com - mableannchang - Trip.com jets into online payments
Trip.com jets into online payments
CER

Leading online travel agent Trip.comsaid on Tuesday the central bank has approved its application to acquire a Shanghai-based online payments company, making it the latest of China's internet majors to seek such a license, reported Caixin. In a…

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