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Australia may mandate low-cost debit card system for payments

By Paulina Duran SYDNEY, Sept 1 (Reuters) - Australia's treasurer has asked the central bank to consider forcing large- and medium-sized banks and debit card issuers to provide multiple network options for merchants to route "tap-and-go" payments. In a letter dated Aug. 30 to the Reserve Bank of Australia, Josh Frydenberg threw the government's wei
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Twitter's Dorsey leads $29 bln buyout of lending pioneer Afterpay

* Square offers 30% premium in all-scrip bid for Afterpay * Afterpay board unanimously recommends deal * Afterpay U.S. sales soar in fiscal 2021 (Recasts with analyst comments) By Byron Kaye and Paulina Duran SYDNEY, Aug 2 (Reuters) - Square Inc SQ.N , the payments firm of Twitter Inc TWTR.N co-founder Jack Dorsey, will purchase buy now, pay later
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Wall St Week Ahead-Big tech companies retake market reins with earnings on tap

By Lewis Krauskopf NEW YORK, July 23 (Reuters) - The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken leadership of the market. More than one third of the S&P 500 is set to report quarterly results next week, headlined b
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Wall St Week Ahead-Big tech companies retake market reins with earnings on tap

By Lewis Krauskopf NEW YORK, July 23 (Reuters) - The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken leadership of the market. More than one third of the S&P 500 is set to report quarterly results next week, headlined b
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India's ban on Mastercard to hit banks' card operations, income -sources

* India bans new Mastercard issuance after data storage row * Mastercard counts India as a key growth market * Indian banks seen facing the heat as Mastercard is big player By Nupur Anand and Aditya Kalra NEW DELHI, July 15 (Reuters) - India's decision to ban Mastercard Inc MA.N for non-compliance with data storage rules has unsettled the country's
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