Beneficiaries of Supplemental Security Income (SSI) in the United States will receive multiple payments in November 2024 due to calendar quirks. Learn about the double and triple payments, as well as the full SSI payment schedule for 2025, including months with double payments and months with no payments.
Borderless has announced its integration with Fireblocks, leveraging its Payments Engine and Wallet as a Service (WaaS) to streamline fiat-to-crypto payments for businesses. This partnership enables Borderless to expand its support for secure and compliant digital payment solutions, bridging the gap between traditional finance and blockchain.
Visa Inc. (V) shares surged on Wednesday after the company reported strong fourth-quarter earnings and announced a partnership with Coinbase Global, Inc. (COIN). The partnership allows Coinbase users in the U.S. and EU to make instant deposits into their accounts using Visa Direct, bridging traditional finance with blockchain and offering enhanced convenience and services.
Global Payments Inc (GPN) reported solid third-quarter earnings, exceeding revenue and earnings per share expectations. The company highlighted strong execution despite macroeconomic headwinds and announced the acquisition of AdvancedMD, a key move for its growth strategy. Global Payments also raised its full-year revenue and earnings guidance.
Visa Inc. (V) exceeded analysts’ expectations for both earnings and revenue in the fourth quarter, driven by strong growth in payments volume, cross-border transactions, and processed transactions. The company also announced a 13% increase in its quarterly dividend. Shares rose significantly in after-hours trading.
Mastercard is gearing up for Money 20/20 in Las Vegas, showcasing its latest innovations in payment technology. From Tap on Phone to Click to Pay and advanced Open Banking systems, Mastercard is driving a faster, safer, and smarter future for transactions. Join them at booth #5701 to experience these advancements firsthand.
Lyft is teaming up with Cash App, a popular payment service owned by Block, Inc., to offer a new, user-friendly payment option for riders. This integration allows users to link their Cash App directly to the Lyft app, eliminating the need for traditional credit cards or entering payment details. The partnership highlights Cash App Pay’s appeal to younger generations and has fueled a surge in LYFT shares, which are up over 25% in the past year.
Ripple, the blockchain-based payment network, has received in-principle approval from the Dubai Financial Services Authority (DFSA) to offer its services from the Dubai International Financial Centre (DIFC). This move allows Ripple to introduce its cross-border payment solutions, including Ripple Payments Direct (RPD), to customers in the UAE, reflecting Dubai’s growing interest in blockchain technology and its ambition to become a global fintech hub.
A new study by Adyen highlights the importance of offering diverse and convenient payment options for UAE hotel bookings. The research reveals that a significant portion of travelers abandon their reservations due to limited payment choices, highlighting the need for hospitality businesses to adapt to evolving consumer preferences and invest in modern payment solutions.
PayPal and Shopify are strengthening their partnership, enabling PayPal to process credit and debit card payments for Shopify merchants in the US. The integration aims to simplify payment management, offering a unified experience for merchants and enhanced efficiency.
