Visa-only Games highlights Europe’s payments headache
Anyone trying to buy a souvenir at the official Olympic stores at the Milano Cortina Games will have been exposed to an issue troubling Europe’s policymakers: the dominance of…
Tag
payments
Singapore’s payments sector raises over US$319 million in funding for 9M 2025
This surpasses combined fintech funding of US$104 million for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam Investment in Singapore’s payments sector remains robust, with…
Singapore’s digital payments set to hit US$113.7 billion by 2030, cementing regional lead
Gen Z and millennial consumers are driving the shift towards cashless transactions in the city-state Digital payments in Singapore are projected to grow to US$113.7 billion by 2030, up…
Trump to propose allowing Americans to tap 401(k)s for home down payments
The Trump administration is proposing to allow Americans to take money out of their retirement funds without a penalty to make a down payment on a house, White House economic adviser Kevin…
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away A US$3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated…
Vietnam's Street Vendors Embrace Cashless Payments as QR Transactions Jump 85%
A quiet transformation is under way in Vietnam's markets, where the familiar clink of coins is increasingly being replaced by the beep of a smartphone. In Hanoi's Tuong Mai ward, vegetable…
How Taiwan Made Cashless Payments Cute
At a 7-Eleven convenience store in Taiwan, you can pick up a 4-inch plushie of Miffy, the bunny character from the Netherlands, a mini bento box charm complete with a realistic chicken…
Senate probes Justice Department effort to thwart FBI investigation of Clinton's dossier payments
The Senate Judiciary Committee is investigating the Justice Department's effort to shut down an investigation into the Clinton campaign's funding of the infamous Steele Dossier. Source link
You Won’t Be Able to Offload Your Holiday Shopping to AI Agents Anytime Soon
Social commerce—or shopping through platforms like TikTok and Instagram—hasn’t been a smash hit in the US, in part due to ongoing distrust of tech giants among consumers and big retailers.…
DBS, Ant International expand partnership to boost cross-border payments
Singapore’s biggest bank DBS Group and Ant International have signed a memorandum of understanding to expand their partnership and scale up cross-border payments and fintech services. The…
Trump administration orders states to stop making payments for SNAP food assistance benefits
The Trump administration over the weekend ordered states to stop distributing full food assistance benefits for November. Source link
Justice Jackson gives Trump short-term win on food stamp payments during shutdown
Supreme Court Justice Ketanji Brown Jackson gave the Trump administration a short reprieve late Friday, putting on hold a lower court ruling that had ordered the government to pay full…
Trump asks Supreme Court to let him block some food stamp payments
The Trump administration rushed to the Supreme Court Friday night asking the justices to put on hold lower court action that ordered the government to pay out full food stamp benefits amid…
SNAP payments slashed to 50% as federal shutdown stretches into its second month
Over the past several days, millions of low-income Americans who use SNAP, the nation’s biggest food aid program, have been left wondering how they will pay for basic necessities this…
Citigroup to tie up with Coinbase to boost digital payments for institutional clients
Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset payment solutions for the US bank’s institutional clients, to expand the offering to global clients in…
Social Security payments will see these 3 changes in 2026: What to know about updates to benefits
The rules for collecting Social Security are changing in 2026. Two of the most important things to know if you’re collecting benefits: Your monthly check payments will increase, and if…
Nexperia’s China unit resumes chip sales to domestic distributors, requires renminbi-only payments: sources
The chipmaker is seeking chip packaging partners outside China as the dispute drags on [BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese unit has resumed supplying semiconductors to…
The creator economy won’t survive without fixing payments
In Hollywood, actors do not wait half a year to get paid. Under SAG-AFTRA contracts, residuals are distributed within 30 to 60 days of the union receiving payment from studios. That is the…
Social Security payments will see a big change next week: What you need to know about the September 30 update
Starting next week on Tuesday, September 30, the Social Security Administration (SSA) will no longer issue paper checks for benefit payments, and instead move exclusively to electronic…
Asia’s real-time payments surge, but gaps persist: StanChart
A common challenge is reconciling payment data, where mandatory fields needed in one country’s transactions differ from those in another Asia is leading the world in real-time and digital…
Indonesia's central bank to share some bond coupon payments with government
Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to fund state programmes such as affordable housing…
Beyond bill payments, AXS’ plans for the future include building a payment ecosystem
Since its inception in 2000, AXS has been synonymous with its eponymous kiosks that facilitate online bill payments. Now, it wants to build on its digital capabilities and develop a…
Cash Payments Were Never Meant to Be a Cure-All for Poor Americans
More important, this study has to be evaluated within a large body of qualitative and quantitative evidence that shows cash payments to families can have a positive effect on both parents…
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 Capital Claire’s Stores is inching closer to…