secure payments – The Milli Chronicle

Tuesday, November 11, 2025

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Delhi Stands Strong After Red Fort Car Explosion: Nation Unites in Resolve and Resilience
Exceptional Saudi Scholars Head to Oxford After Winning Prestigious Rhodes Scholarships
Najran Governor and Arab Tourism Chief Discuss Boosting Regional Tourism
Riyadh Hosts Second International Judicial Conference to Strengthen Global Legal Cooperation
Over One Million Saudis Trained in Artificial Intelligence Under SAMAI Initiative

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NewsDesk Milli Chronicle November 10, 2025November 10, 2025 $38 billion settlement, business empowerment, credit card fees, digital payments, fair payment system, fee cap, financial inclusion, fintech development, global commerce, global financial system, innovation in payments, Joseph Stiglitz, Mastercard, merchant relief, payment flexibility, retail savings, secure payments, small business support, sustainable finance, swipe fee reduction, transaction efficiency, transparency, U.S. merchants, visa

Visa and Mastercard Announce Landmark $38 Billion Settlement to Support Merchants

New five-year agreement aims to lower swipe fees, boost flexibility, and enhance fairness for businesses worldwide. In a groundbreaking move

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NewsDesk Milli Chronicle October 22, 2025October 22, 2025 banking access, banking modernization, banking services, central bank innovation, Christopher Waller, digital finance, digital payments, Fed discount window, Fed payment services, Federal Reserve, FedNow, financial ecosystem, financial inclusion, financial innovation, financial modernization, financial stability, financial system modernization, financial technology, fintech access, fintech integration, fintech regulation, instant payments, monetary policy, nonbank firms, payment account, payment industry, payment infrastructure, payment networks, payment reform, payment technology, real-time payments, regulatory oversight, secure payments, streamlined accounts, U.S. banking, U.S. central bank, U.S. economy, U.S. payments system

Federal Reserve Explores New Streamlined “Payment Account” for Nonbank Firms

Washington – The U.S. Federal Reserve is exploring the idea of creating a new type of account that would give