Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Twitter And Ticks, Payments And Persons
Elon Musk says that Twitter — now known as 'X formerly Twitter” to everyone else and “TwiX' to me — is going to implement a ' small monthly payment ” for users. In a conversation with Israeli Prime Minister…
The Promise And Possibility Of SMB Cross-Border Payments For Banking
Over the past decade, the world of business-to-business cross-border payments has seen an acceleration of innovation, development and market moves. Companies that traditionally catered to the consumer space have increasingly moved into the…
8 Ways To Lower Your Student Loan Payments As Repayment Resumes
Student loan payments are resuming, and time is running out. Millions of borrowers are only days or weeks away from having a student loan payment due for the first time in years. For over 40 months, the Covid-era student loan pause suspended most…
Student-loan payments should be paused if government shuts down: Pressley
The government will shut down in three days if Congress doesn't reach a funding agreement. That's the same day student-loan payments are set to resume. Rep. Pressley called for a payment freeze in the event of a shutdown. Sign up to get the inside…
Sam Altman-backed Slope raises $30M for AI-powered B2B payments platform
VentureBeat presents: AI Unleashed - An exclusive executive event for enterprise data leaders. Network and learn with industry peers. Learn More Tracking and ensuring the integrity of payments is no easy task for any business, but in the B2B space…
Student loan payments are about to drain $8 billion a month from consumers
The resumption of student loan repayments will amount to $5.5 billion-$8.2 billion per month, Fitch said. As a result, consumer spending will slow sharply, then turn negative early next year. Fitch also predicted student loan delinquency rates will…
Sam Altman backs Slope's $30M round to digitize, scale B2B payments
Image Credits: Slope / Slope co-founders Lawrence Lin Murata and Alice Deng Slope, a business-to-business payments platform for enterprise companies, closed on a venture round of $30 million to expand its business. The company intends on using the…
What happens to student-loan borrowers who don't make payments
Federal student-loan payments are starting up again beginning next week. There are a few options for borrowers who can't, or won't, make those payments. Still, there are consequences to falling behind on payments that could begin next year. Sign up…
QED and Partech back South African payment orchestration platform Revio in $5.2M seed
The payment landscape in Africa is still fragmented, with several payment operators providing different payment options to customers as well as businesses. Due to this fragmentation, payment failures are inevitable due to factors such as invalid…
October dates for benefits, pensions and cost of living payments
Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice A further interest rate rise to 5.5 per cent could well be on the cards…
September dates for benefits, pensions and cost of living payments
Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice The UK received a rare flurry of positive economic news in mid-August…
Payment fraud: A growing threat to companies worldwide
Payment fraud has emerged as one of the most significant threats facing companies worldwide, with losses amounting to billions of dollars. More than two-thirds of US corporate finance departments have reported various forms of breaches over the…
What Happens To Social Security Payments If The Government Shuts Down?
Authored by Tom Ozimek via The Epoch Times (emphasis ours), The looming government shutdown has some Americans worried about what would happen to their Social Security payments if the end-of-the-month deadline passes with no resolution to the…
Russia ramps up China yuan payments for imports amid sanctions -EBRD
LONDON: The share of Russia's imports invoiced in Chinese yuan soared to 20per cent in 2022 from 3per cent a year earlier after its invasion of Ukraine unleashed a raft of sanctions that cut the country out of the global financial system, a new…
Provide names of members on agreement for compensation payments - Concerned farmers dare Newmont
The Concerned Farmers Association, Terchire, has debunked the claim by Newmont that it has reached an agreement with some of their members for adequate compensation to be paid them, following the destruction of their farms. In a press statement…
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