Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO

India has launched a new initiative to attract the world’s largest pension investors, seeking to strengthen the National Pension System (NPS), support infrastructure financing and potentially improve long-term investment opportunities for retirement savers.   The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee called ASCEND (Accelerated Scaling of Global Capital Ecosystem…

Digital Transactions News staff July 16, 2026 Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Mobile Commerce, Point-of-sale MagTek Inc. said Winston POS completed an integration with MagTek’s MMS Dyna devices and the Magensa Payment Protection Gateway. ESW announced it has agreed to handle various cross-border operations, including payments, for KnitWell…

Cotton prices are trading with Friday morning losses of 10 to 33 points. Futures rallied into the Thursday close, as December rallied above 90 cents. Contracts closed with gains of 304 to 329 points across the front months. Crude oil was up $1.31 per barrel, with the US dollar index $0.001 higher. Export Sales showed…

The United Payment Interface (UPI) has been the archetype for real-time payments systems, but it could soon take a page out of the card payments playbook: merchant fees. UPI has become the preferred payment method in India by offering instant, phone-based payments for consumers and fee-free transactions for merchants. However, some industry observers argue that…

Digital Transactions News staff August 4, 2026 E-Commerce, Law and Regulation, Point-of-sale, Transaction Processing Illinois merchants accepting in-store payments will have to accept cash payments in addition to other payment methods on transactions of less than $500 beginning Jan. 1, 2028, following Governor J.B. Pritzker’s signing of House Bill 4592….