Payment systems

Advent, Stripe abandon $63.5b pursuit of fintech pioneer PayPal

PayPal has struggled with modernising its payment technologies as rivals have seized market share.

While You Were Sleeping: 5 stories you might have missed, Aug 28, 2026

US President Donald Trump speaking to reporters at the White House on Aug 27.

Visa, Mastercard begin first Syria global card payments in years

Syrian central bank governor Safwat Raslan posted a video on social media of himself and Syrian President Ahmed al-Sharaa buying coffee at a Damascus cafe by card.

DBS, POSB digital payment services restored after short disruption

DBS also assured customers that their “monies and deposits remain safe” and apologised for the inconvenience.

The Visa story is not about layoffs but about two revolutions

Visa has to manage two technological shocks – AI and tokenisation – says the writer.

Mastercard payments being declined in Australia, bank says

Commonwealth Bank of Australia said the biggest issues reported by customers included transferring funds and mobile banking via Mastercard.

Binance says RedotPay diverted users in $605 million lawsuit

FILE PHOTO: Representations of Binance coin cryptocurrency is seen in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Forum: Funds transferred through PayLah! went to different person

How PayPal went from Wall Street favourite to unwilling merger target

The company synonymous with digital payments got a $68 billion offer to be taken private by upstart rival Stripe and buyout shop Advent International.

South Korea’s Naver to change ‘no foreigners’ button after discrimination accusations

Naver said that the setting was meant to give merchants control over whether to accept overseas cards.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.