Latest in Payments Push
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Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - October 28 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Housing benefit payments to be frozen next year
Labour has confirmed rates will stay the same next year, after several freezes over the past decade.Top stories - BBC News - October 31 -
Woman 'sickened' by demands to return flood payment
Flood compensation was offered to businesses affected by heavy flooding in 2023.Top stories - BBC News - November 2 -
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£100 payment to help pensioners with winter fuel cuts
Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.Top stories - BBC News - 14 hours ago -
Scottish Labour vows to reinstate winter fuel payments
Move by leader Anas Sarwar puts pressure on Keir Starmer to change policy for rest of UKBusiness - Financial Times - 20 hours ago -
Senator reups KOSA push
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story GOP senator renews push for Kids Online Safety Act amid uncertainty Sen. Marsha Blackburn (R-Tenn.) ...Politics - The Hill - October 21 -
Juul Class-Action Lawsuit Payments Inspire TikTok Trend
Unexpected payments from a class-action lawsuit have some TikTok users feeling flush.Lifestyle - The New York Times - October 23 -
Putin calls for alternative international payment system at Brics summit
Russian president’s goal to de-dollarize world economy alarms members that do not want bloc to turn against west. Vladimir Putin has opened the expanded Brics summit by issuing a call for an ...World - The Guardian - October 23 -
New football regulator to be given power to tackle controversial 'parachute payments'
"Strengthened" legislation to establish an independent football regulator for the elite men's game in England is set to be introduced to parliament by the government.Top stories - BBC News - October 23 -
HSBC Hong Kong joins China’s alternative to Swift global payments system
Direct participation in Cips system will mean faster settlements and help internationalise use of renminbiBusiness - Financial Times - October 24 -
Dan Price, Former CEO of Gravity Payments, Charged With Rape
The former chief of Gravity Payments rose to prominence with the introduction of his company’s $70,000 minimum salary and a splashy social media presence.Tech - The New York Times - October 25 -
Ex-Gravity Payments CEO Dan Price Faces Rape Charge in California
Price cultivated a big social media following by skewering corporations. Now he’s the target, over sexual misconduct allegations.Business - Inc. - October 28 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29 -
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.Business - CNBC - October 31 -
Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.Tech - The New York Times - October 31