Payments
HSBC’s payments app closure puts around 400 jobs at risk: source – The Business Times
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from lower interest rates, China’s economic chills and geopolitical...
Karen Bass: Los Angeles Mayor’s Office Hit With Countless Scandals of Corruption, Bribes, Hush Money Payments, Perjury and Racism
Los Angeles Mayor Karen Bass entered office promoting diversity, equity, and inclusion (DEI) while pledging to address homelessness and pollution—but she never committed to rooting out corruption. Now, she...
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 significant differences in what you pay each month....
Hannah Kobayashi: Cops Probe Venmo Payments Missing Hawaiian Photographer Made to Mysterious Man and Woman after Missing LAX Flight
The family of missing Hawaiian photographer Hannah Kobayashi has revealed that police are investigating two suspicious Venmo transactions she made to a man and a woman after she missed...
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 year, according to people with...
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 revenue from the business line.The biggest US crypto exchange...
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 AlipayOCBC is collaborating with Visa to make cross-border fund transfers accessible to more than 50 digital...
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 Singapore Quick Response Code Scheme (SGQR+).On Thursday (Nov 7),...
Australian mining billionaire Ellison to step down after probe into undeclared payments
MINERAL Resources said managing director Chris Ellison will step down within 18 months after an internal probe into undeclared payments made to companies owned by him found the tycoon...
GIC-backed Coda Payments gets MAS’ in-principle nod for major payment institution licence
Holders are allowed to conduct multiple transactions without being subjected to certain threshold limits on transaction volume or float PAYMENTS firm Coda Payments has received in-principle approval from the Monetary...