Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How This New Fintech Billionaire Is Cashing In On Cross-Border Payments
It took Jack Zhang 10 startups to figure out what he truly wanted to do. His most recent one, Airwallex, turned him into a billionaire. Zhang launched the fintech payments company in 2015 in Melbourne, Australia, and found a niche helping global…
Trump's $17.5 Billion in Nuclear Loans Are Just a Down Payment
It is heartening that both Republicans and Democrats in Washington agree on supporting nuclear power, which can deliver carbon-free electricity at huge scale. The latest effort by the Trump administration to make new nuclear power happen looks…
Ombudsman investigation finds Ministry of Education direct payment programs unfairly denied payments to some eligible families
Province accepts all 14 recommendations to improve any future programs TORONTO, June 25, 2026 /CNW/ - Five direct payment programs that Ontario launched to support families through school disruptions between 2020 and 2023 unfairly denied funds to…
EDITORIAL: 'Payments in lieu of taxes' are a colossal ripoff
The federal government controls almost 28 percent of the nation's land, including a whopping 80 percent of Nevada. In return for taking vast tracts of land off the property tax rolls, Washington sends “payments in lieu of taxes” to…
US Fintech Charter Debate: Will new rules change the future of payments? | Dynamite News
Post Published By: Donika Singh Updated: 25 June 2026, 11:58 AM IST Washington: US lawmakers examined whether Congress should create a dedicated federal payments charter for financial technology companies, with industry leaders arguing that the…
WhatsApp's pick of Indian fintech founder signals scale of payment ambitions
MUMBAI, June 25: Kunal Shah, an Indian fintech founder with no engineering degree or Silicon Valley pedigree, has spent two decades building businesses around digital payments and consumer behaviour in India. He now takes charge of Meta's WhatsApp…
Kunal Shah to lead WhatsApp: Meta signals big push into payments and superapp ambitions
MUMBAI: Kunal Shah, an Indian fintech founder with no engineering degree or Silicon Valley pedigree, has spent two decades building businesses around digital payments and consumer behaviour in India. He now takes charge of Meta's WhatsApp…
DWP confirms 46 mental health conditions that qualify for £114 weekly payment
The Department for Work and Pensions (DWP) has confirmed the full list of 46 mental health conditions that qualify claimants for £114 weekly payments of Personal Independence Payment (PIP). There are a total of 1,559,482 PIP claims for the…
Orthogonal Raises $4.3M Seed for AI Agent Service Discovery, Orchestration, and Payments Across the Internet
The round is led by Pantera Capital and backed by Y Combinator, Pioneer Fund, Decasonic, Blast, Outbound, Surreal, and other strategic investors Orthogonal was founded by former leaders from Coinbase, Vercel, Google, and Amazon Robotics, and today…
Mamdani names new nonprofit liaison after payment delay proposal stokes tension
Mayor Zohran Mamdani has hired a new liaison to work with the hundreds of local nonprofits that will play a critical role in implementing his affordability agenda, delivering services from childcare to afterschool programs to anti-eviction services…
MacroGenics: 'Hold' Potential Best-In-Class B7-H3 ADC And TZIELD Payment (NASDAQ:MGNX)
MacroGenics, Inc. is downgraded to Hold after setbacks in its B7-H3 ADC program, with future potential hinging on MGC026's phase 1 results. MGC026, designed as a differentiated B7-H3 ADC, must deliver best-in-class efficacy or safety to compete…
MBA PAPI rises in May as mortgage payments climb
Homebuyer affordability deteriorated in May as higher mortgage rates and larger loan application amounts pushed monthly mortgage payments higher, according to data released Thursday by the Mortgage Bankers Association (MBA). The MBA's Purchase…
Singapore exploring enhancements to PayNow such as reduced payment steps, integration with NETS QR: DPM Gan
SINGAPORE: Ever tried to scan and pay using a merchant's QR code, only to realise you were not using a compatible app? That could soon be a thing of the past as Singapore seeks to roll out the second generation of the instant digital payment…
Mortgage Payments Hit $2,134 a Month. Five Years Ago They Were $1,525
The American mortgage payment has changed more in the past five years than in any comparable stretch in modern memory. Rates roughly doubled, while home prices rose only modestly. That one shift has completely changed what it costs to own the…
OpenPayd CEO Says Global Payments Need Less Plumbing and More Intelligence
OpenPayd CEO Iana Dimitrova says the next challenge in cross-border payments is not access to rails but managing a growing number of them. As stablecoins, tokenized deposits and traditional banking networks converge, orchestration is becoming a…
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