CBDCs could shake up today's international payments systems, according to the World Bank, the IMF and the Bank for International Settlements.
The federal government has a “ruthless” double standard in its handling of locked-down workers and successful companies, Australian Council of Trade Unions secretary Sally McManus said. New payments for workers impacted by COVID-19 lockdowns will come with retroactive compliance checks, but there is no law compelling profitable firms to repay […]
Victorian workers impacted by the state’s two-week lockdown will soon be offered up to $500 a week, under a new federal government payment scheme. But workers must first pass a strict list of eligibility requirements, and must have less than $10,000 in liquid assets. The scheme has been welcomed by […]
The federal government is reportedly considering tweaks to federal disaster payments to cover Victorians put out of work by new coronavirus lockdowns. Tweaks to federal disaster payments, offering $1,000 to eligible adults, or a broadening of the $1,500 quarantine payment system are reportedly up for discussion. The news comes after […]
Cook is making a rare court appearance as a sworn witness in defense of Apple in the lawsuit brought by "Fortnite" maker Epic Games.
The company also announced that it partnered with Winklevoss-founded Gemini, a cryptocurrency exchange and custodian.
The Federal Government has received nearly 3,000 claims for financial support linked to severe flooding in NSW, totalling $3.5 million, Prime Minister Scott Morrison said. Eligible adult residents of 34 local government areas can claim a lump sum of $1,000, with $400 for each child. Australia’s insurance providers tallied some […]
Stripe's $95 billion valuation brought the net worth of 32-year-old Patrick Collison and his younger brother John, 30, to $11.4 billion each.
Stripe's new $600 million fundraise makes it the most valuable private company in Silicon Valley, and one of the world's most valuable startups.
Klarna raised $1 billion at a valuation of $31 billion. The fundraising round included both existing and new investors.
Amazon is trialing its new Amazon One palm-scanning payment tech at two of its Seattle convenience stores, it announced on Tuesday. This allows you to pay by waving your hand. The service connects your palm print to a credit card. You can even sign up with both hands, Amazon said, […]
You can change your payment method on HBO Max through the mobile app or website. Depending on how you subscribed to HBO Max, you may also need to log into another service to change your payment method. Visit Business Insider’s Tech Reference library for more stories. HBO Max is a […]
Consumers are using more debit cards compared to the other high-end option of credit as a result of the coronavirus pandemic, Visa has found. Visa’s US credit-card volumes fell sharply in May year-on-year, while debit-card usage grew 12%, according to an SEC filing this week. The payment-card company’s internal analysis […]
The New South Wales government is offering $10,000 grants to businesses impacted by the coronavirus related shutdowns. To be eligible, businesses must have between 1 and 19 employees and a turnover of more than $75,000. The Restaurants and Catering Association supports the move but is also lobbying the government to […]
Americans will receive their relief checks from the government in about three weeks, according to the stimulus package deal the Senate approved on Wednesday, but for some, it could take longer. The US Senate passed a $US2 trillion stimulus package Wednesday to help Americans deal with the economic fallout of […]
Mary Kay Bowman, head of global seller solutions at VISA Inc., spoke at Business Insider’s IGNITION: Redefining Retail conference on Tuesday about the changing payments landscape. As the retail industry becomes increasingly digital and data breaches become a major risk, transaction security becomes more imperative than ever. Bowman said that […]
Uber does take debit cards as a form of payment, in addition to credit cards and PayPal. You can add a debit card to your Uber account and save it as an automatic payment option in future. Uber is a fast and reliable way to get around. The company offers […]