Santander UK hands out £130 mn in Christmas Day error
Santander's UK bank on Thursday was seeking to recover £130 million ($175 million) it paid out on Christmas Day by mistake.
Dec 31, 2021
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17
Business
Page 12 - News tagged with payments
Business
Overhaul of payments system to cover digital wallets, buy now pay later, cryptocurrency
Treasurer Josh Frydenberg will announce on Wednesday a comprehensive reform of regulations governing the payments system, to bring it up to date with innovations such as digital wallets and cryptocurrency.
Dec 7, 2021
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4
Business
Amazon to end Visa card payments in UK over high fees
Online retail giant Amazon on Wednesday said it plans to stop accepting payments in the UK made with Visa credit cards, blaming the move on high fees.
Nov 17, 2021
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19
Hi Tech & Innovation
Moscow metro launches face recognition payments
Moscow on Friday rolled out a facial recognition payment system in the city's metro system, part of a rapid expansion of the controversial technology in Russia.
Oct 15, 2021
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7
Business
Crypto money gains traction in adult industry amid OnlyFans drama
Porn stars, sex workers and others in adult entertainment were taking a closer look at cryptocurrency payments in the wake of a series of troubles with the mainstream financial system, potentially propelling digital currencies ...
Aug 29, 2021
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304
Business
Paytm's expected $2.2bn IPO fuels India market
Digital payments pioneer Paytm on Friday took a major step towards launching India's biggest initial public offering, telling regulators that it would seek to sell $2.2 billion in shares.
Jul 16, 2021
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2
Business
A new protocol for faster, safer crypto transactions
Researchers from the research unit 'Security and Privacy' at TU Wien (Lukas Aumayr and his supervisor Prof. Matteo Maffei) in collaboration with the IMDEA Software Institute (Prof. Pedro Moreno-Sanchez, previously postdoc ...
Jun 18, 2021
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8
Security
Wray: FBI frowns on ransomware payments despite recent trend
The FBI's director told lawmakers Thursday that the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting ...
Jun 10, 2021
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3
Business
Chinese regulator orders Ant Group to conduct major overhaul
Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms.
Apr 12, 2021
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4
Business
Tech firm says musicians lose billions to illegal business streaming
At a time when musicians are struggling to live off streaming, a Swedish tech entrepreneur says his app can boost royalties by curbing the illegal use of music by millions of businesses.
Mar 17, 2021
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