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Concerns that introducing a Merchant Discount Rate (MDR) would spur a surge in cash transactions are unlikely to materialise, RBI Deputy Governor Shirish Chandra Murmu said on Friday, adding that it was only an “initial apprehension”. From October 15, a 0.4 per cent MDR will apply to person-to-merchant UPI payments above Rs 2,000. The charge…
Sweden’s Centre-Left Leads Narrowly in Pre-Election Polls Amid Tight Race Pre-Election Polls and Political Landscape By Ilze Filks and Terje Solsvik STOCKHOLM, Sept 11 (Reuters) – Sweden’s centre-left opposition bloc holds a narrow lead ahead of Sunday’s parliamentary election, three opinion polls showed on Friday, two days before what is seen as a referendum on…
It’s always fun to unearth some esoteric piece of personal finance history. I know there are only a few nerds out there who care (hello, Grant Sabatier!), but those of us who care really care. Two years ago, I published an article exploring the history of financial independence in which I noted that the earliest…
The payments industry has devoted much effort to making sure a bot can’t pass for a customer. Agentic commerce brings a new complication, as some bots are supposed to buy things. SolvaPay, a Stockholm-based FinTech, is building payment infrastructure for artificial intelligence agents. Its work includes machine-readable payments, usage-based billing and transactions between agents, along…
When the US president appointed Kevin Warsh to run the Federal Reserve, critics assumed he would be little more than Donald Trump‘s stooge. But Warsh is a deeper and more serious thinker than that. He was appointed as a critic of the way the Fed has been run, as someone who believes central banks need…
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August 7, 2026 @ 5:07 pm By Press Release This post was originally published on this site. Sponsored Links by DQ Promote This entry was posted in Uncategorized. Bookmark the permalink.