Breaking Industry News
Breaking News articles for November 2025
GS interviews Payfuture's Zaki Farooq
Friday, November 07, 2025
In today's fast-moving payments landscape, growth often comes from stepping into the unknown. In this Q&A, Zaki Farooq, co-founder and CTO of Payfuture, shares how adopting a Blue Ocean mindset—targeting underserved, high-potential markets—helped his company scale rapidly without following the crowd. He also reflects on lessons learned from leading through uncertainty, building across cultures and redefining what it means to grow globally.
Holiday sales predicted to set record
Thursday, November 06, 2025
It's shaping up to be a merry holiday season for merchants. The National Retail Federation just released its annual holiday forecast. And it is predicting retail sales will surpass $1 trillion for the first time this holiday season.
Court backs Fed's refusal to let fintech access payment rails
Wednesday, November 05, 2025
A federal appeals court dealt a blow to crypto banks seeking access to the Federal Reserve's payment rails. In a two-to-one decision the U.S. Court of Appeals for the Tenth Circuit, in Denver, affirmed a decision by the U.S. District Court for the District of Wyoming that the Federal Reserve Bank of Kansas City had the authority to deny a request by Custodia, a crypto bank, for a so-called master account with the Reserve Bank.
