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Latest Results from /payments

/payments

Bank of England mulls shelving of digital pound

The Bank of England is considering shelving plans for the creation of a digital pound amid growing scepticism over the project’s benefits.

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SFO uses new powers to seize over £10,000 in bitcoin

The Serious Fraud Office has frozen equivalent to £10,865.76 in Bitcoin and £289.30 USDC belonging to Richard Yeowart, a suspect in its ongoing investigation into collapsed outside broadcast company Arena TV.

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Square joins S&P 500

Shares in Block rose on Monday as the Jack Dorsey-founded fintech joined the benchmark S&P 500 index.

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ECB accelerates digital euro preparation work

The European Central Bank is accelerating work on a digital euro to keep up with the "ambitious pace" set by EU leaders as the project's urgency increases in the face of geopolitical challenges including an increasingly hostile United States under Donald Trump.

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Coinbase makes superapp play

Crypto platform Coinbase has rebranded its Wallet app as Base, consolidating payments, trading, chat and social features into a single, blockchain-based 'superapp'.

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Visa and Mastercard face another UK class action suit over card fees

Visa and Mastercard are facing another multi-billion pound UK class action lawsuit for allegedly unlawful interchange fees.

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Trump expected to sign stablecoin regulation Genius Act into law

This week, the US House of Representatives also passed the Clarity Act and Anti-CBDC Surveillance State Act.

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FCA sets out BNPL oversight proposals

The UK's Financial Conduct Authority has provided details of its plans to bolster protections for buy now, pay later borrowers from next year.

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OpenAI tests in-chat payment checkout system

OpenAI is planning to integrate a payment checkout system into ChatGPT in a bid to boost revenues, according to the Financial Times.

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Wise shares fall after Q1 earnings miss analysts' forecast

UK fintech Wise is counting the cost of falling short of analysts' expectations after its latest quarterly results triggered a sharp fall in its share price despite a solid financial performance that saw most metrics increase.

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Activist investor builds stake in Global Payments

Global Payments shares rose on Wednesday after media reports that activist investor Elliott Management has built up a stake in the fintech.

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UniCredit taps Wise Platform for cross-border retail payments service

Italian bank UniCredit has partnered Wise to develop an international payment service for retail customers.