Payment

In the Apple vs Epic Games trial, the United States District Court for the Northern District of California ruled that Apple will have to allow developers to include links to third-party payment methods in their applications. Apple delayed the implementation of the change by submitting an appeal to The Supreme Court of the United States. Now, the Supreme Court of the United States has declined to hear Apple’s appeal, which means that it is upholding the original decision. With that, Apple will have to allow developers to…

Updated Jan. 5, 2024 12:48 pm ETA global gold mining company said it ousted its longtime chief executive officer after a board probe into a $5.9 million payment he authorized.Sébastien de Montessus denied wrongdoing, but his abrupt exit created turmoil atop Endeavour Mining.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 5, 2024 12:48 pm ETA global gold mining company said it ousted its longtime chief executive officer after a board probe into a $5.9…

Hi, this is Pratik Bhakta in Bengaluru with our first edition of Unwrapped for 2024.Firstly, Happy New Year! As we wrap up the year-end festivities, I analyse the creeping land grab by fintech startups in the larger financial service industry.On Wednesday, ET wrote about how fintechs were adding more than 42% of the new investors in mutual funds every month. And this is not unique. Be it wealth management, payments or credit, fintechs are playing an important role in expanding the market and driving adoption…

Terran Orbital has updated its anticipated financial results for the year’s end after the company received a long-awaited payment from its largest customer, Rivada Space Networks. The news, announced today, confirms earlier reports from TechCrunch that Terran CEO Marc Bell was expecting at least some payment from Rivada before the close of the year. Rivada, a German subsidiary of U.S.-based Rivada Networks, has ambitious plans to build a megaconstellation in low Earth orbit. The company contracted Terran to build 300…

The Reserve Bank of India (RBI) has granted a payment aggregator (PA) licence to Tata Payments, Tata group’s digital payments app. This will help the firm facilitate ecommerce transactions through its platform. Tata Payments is held through Tata Digital, the group's subsidiary entity, which houses its digital businesses.Tata Pay joins the likes of Razorpay, Cashfree, Google Pay, among others to secure the much-awaited payments licence.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Happy 2024! Welcome to the first edition of ETtech’s Top 5 in the new year. Tata Group’s digital payments business, Tata Payments, has secured a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s edition of our daily evening newsletter.Also in this letter:■ Prize money to swell for esports■ Bitcoin price hits 21-month high■ ITC’s plans for cloud kitchen bizRBI grants payment aggregator licence to Tata Pay, DigiO Tata Payments, the digital payments business of the Tata group,…

Image Source : FILE New UPI rules implemented With the new year 2024, Unified Payments Interface (UPI) changed some of its rules and it has gone through some key changes in the New Year for improved online banking and payment transaction experiences. New UPI rule - About As per the IANS report, the National Payments Corporation of India (NPCI) have instructed…

Several of Apple's payment features, including Apple Pay, were down for a period of time Wednesday morning, according to Apple's system status page.Apple Card, Cash, Pay and Wallet outages occurred from 6:15 a.m. to 6:49 a.m. for some users, however the company's system status page was not updated to reflect the fix until about 10:50 a.m. The Apple Pay and Wallet outage specifically impacted the web and in-app payment features, per Apple.After writing that the company was investigating the issue on its status page, Apple…

On a Sunday morning in March, Emmanuella Olofu, a journalist based in Abuja, Nigeria’s capital city, boarded a taxi from her residence in the Lugbe area to church. Upon arriving at her destination, Ms Olofu grabbed her handbag and picked up her mobile phone to log onto her mobile banking application to pay the taxi driver. She punched in N2,200, the taxi fare, but the transaction failed. “I received a message that I had insufficient balance in my account,” Emmanuel said, recalling how she shockingly realised that…

Code.org, the US educational non-profit, has filed a lawsuit in a California district court alleging that Byju’s subsidiary WhiteHat Jr breached a licensing contract by failing to pay fees while continuing to use Code.org’s platform. WhiteHat Jr, which sold to Byju’s for $300 million in 2020, partnered with Code.org last year and agreed to pay $4 million over four years to licence Code.org’s coding education platform. But in the lawsuit filed earlier this month, Code.org claims WhiteHat Jr did…