Breaking Industry News
Breaking News articles for June 2025
Resilience required amid global tariff turbulence
Wednesday, June 04, 2025
As the global economy reels from intensifying trade wars and sweeping tariff policies—particularly those stemming from the United States—financial markets and commerce ecosystems are being pushed to the brink. While capital markets scramble to keep pace with historic trading volumes, the payments industry is confronting an unprecedented rise in transaction failures, compliance headaches and systemic risks that show no signs of abating.
The ugly side of BNPL
Tuesday, June 03, 2025
Buy now, pay later (BNPL) firms have a lot of fans, especially among millennial and Gen Z consumers, according to several surveys. Now a new report from the Federal Reserve Bank of Kansas City revealed that BNPL is especially popular with consumers and who are way over their heads in debt.
