Musk says X could soon receive payment licenses in New York, California
By Krystal Hu and Sheila Dang (Reuters) – Elon Musk said on Wednesday that his social media platform X could soon receive approval for a money transmitter license in New…
US to accelerate some payments to hospitals after UnitedHealth hack
By Michael Erman UnitedHealth hack: NEW YORK (Reuters) – The U.S. government said on Tuesday it will accelerate Medicare and Medicaid payments to some hospitals hurt by a hack at…
Healthcare providers hit by frozen payments in ransomware outage
By Raphael Satter, Christopher Bing and Patrick Wingrove WASHINGTON (Reuters) – Healthcare providers across the United States are struggling to get paid following the week-long ransomware outage at a key…
India’s Paytm plunges 20% after RBI halts payments bank business
By Chris Thomas, Ira Dugal and Siddhi Nayak BENGALURU/MUMBAI (Reuters) – Indian digital payments firm Paytm lost a fifth of its market value on Thursday after the central bank ordered…
Tapster ring payments with a fingernail: the future is near
Mastercard unveils two innovative technologies to pay quickly and securely Tapster payments fingernail ring: Cash is hard to die, but with contactless payments, technology has for years been offering a…
AU10TIX Q3 global identity fraud report uncovers 56% surge in payment sector, correlated with unprecedented decline in crypto
AU10TIX, a global technology leader in identity verification and management, today released its Q3 2023 Global Identity Fraud Report. Drawing insights from millions of transactions processed across 249 countries from July…
Thailand, Hong Kong launch cross-border QR payments
By Chayut Setboonsarng BANGKOK (Reuters) – Thailand’s central bank and the Hong Kong Monetary Authority on Monday launched a link for cross-border QR payments, they said in a joint statement.…
Meta ‘s payback: launching Facebook, Instagram payments in EU
Facebook and Instagram will be pay-as-you-go, only in Europe. This is not an obligation but a possibility, because the discriminating factor is the advertisements: those who pay will not see…
Ferrari to accept crypto as payment for its cars in the US
By Giulio Piovaccari MILAN (Reuters) – Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following…
Australia unveils draft law to regulate digital payment providers
By Renju Jose SYDNEY (Reuters) – The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple…