Business
SoftBank selects banks for US IPO of payments app PayPay, sources say
SOFTBANK has selected investment banks to help organise a potential initial public offering in the United States for its Japanese payments…
Tag
payments
Business
Claire’s skips rent payments, moving closer to bankruptcy filing
The retailer has struggled since a 2018 bankruptcy handed control to creditors including Elliott Management and Monarch Alternative…
News
New Zealand to ban surcharges on in-store electronic payments
Surcharges are an amount calculated as a percentage of the purchase price and are applied to transactions to cover the fees businesses pay…
Business
Citigroup looks to issue its own stablecoin to smooth payments
Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to…
Business
Nissan seeks to delay supplier payments to free up cash, company emails show
Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company…
Fashion
Coinbase launches stablecoin payments service for e-commerce
Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big…
News
Chinese automakers pledge to make payments to suppliers within 60 days
Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a…
News
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers…
News
GOP aims to stop retroactive pandemic unemployment payments
Republicans on the House Ways and Means Committee are calling on Labor Secretary Lori Chavez-DeRemer to stop an Ohio judge from forcing…
News
Keir Starmer denies bowing to political pressure on winter fuel payments
Sir Keir Starmer has denied his government's U-turn on winter fuel payments was a result of political pressure, instead arguing it was…
Business
Empty shelves but Co-op says payments fixed after cyber attack
Liv McMahon & Tom Gerken Technology reporters Some Co-op stores have been left with empty shelves as the major cyber attack the retailer…
News
Trump Fails to Answer Easy Question on Payments to El Salvador
Here is the transcript of that absurd moment. In our interview last year, Mr. President, you committed to complying with all Supreme Court…
Business
MIS PayWay: Revolutionizing Online Payments for a Digital Future
Keeping up with the latest advancements in payment solutions is crucial in a world where online transactions have become an integral part…
Business
Payments firm Block’s profit misses estimate on underwhelming holiday spending
BLOCK’S fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in…
Business
JPMorgan adds buy-now, pay-later provider Klarna to its payments platform
JPMORGAN Chase’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later (BNPL) options for its merchants.…
Business
HSBC’s payments app closure puts around 400 jobs at risk: source
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from…
Lifestyle
Social Security update: Payments of up to $5,108 to go out this week
The first round of Social Security retirement benefits for 2025 will be paid this week. Social Security benefits form the bedrock of…
News
Biden signs Social Security Fairness Act: When do higher payments start?
Millions of Americans will now see their Social Security benefits increase after President Joe Biden signed the Social Security Fairness…
Business
How 1% Interest Rate Changes Affect Mortgage Payments
Understanding how interest rates impact mortgage payments is crucial for homeowners. A small change in the interest rate can lead to…
Business
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next…
Business
Coinbase eyes more acquisitions as it expands payments business
COINBASE Global is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more…
News
Higher monthly payments loom for many student loan borrowers
President-elect Donald Trump’s victory last week should bring some clarity to Americans with student loans, but probably not in the way…
Business
OCBC to make cross-border payments available to over 50 digital wallets by 2026
The bank is starting with Chinese digital wallets Weixin Pay (WeChat Pay) and Alipay OCBC is collaborating with Visa to make cross-border…
Culture
Nets, Liquid leverage interoperable QR payments to expand services
NETWORK for Electronic Transfers (Nets) and Liquid Group have each announced plans to expand their services based on the interoperable…