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UPI: India built a digital payments miracle. Now comes the bill.

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A  vegetable vendor waits for customers, displaying a barcode for Paytm, an Indian cellphone-based digital payment platform, at a market in Kolkata.

India therefore faces a delicate balancing act. It wants to make UPI financially sustainable without disturbing the conditions that helped make it ubiquitous.

It is not an impossible task. Brazil’s Pix, another hugely successful instant-payment system, is free for individuals but permits low-cost charges for businesses. Yet it is the world’s fastest-growing real-time payment system,, external used by more than 140 million people and 14 million companies, with more than four billion transactions a month averaging about $88 each.

“The key question is not simply whether UPI should remain free for every merchant transaction,” Motheram says, “but whether the pricing structure protects the marginal merchants who are still being brought into the digital payments ecosystem.”

That may be the real test of India’s next UPI experiment.

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The first phase was about creating the network. The second was about getting hundreds of millions of people and millions of merchants onto it. The third is now beginning: figuring out how to pay for the system without making it less useful.

Economist Renuka Sane believes the right pricing structure could finally restore “commercial sanity”, external to India’s digital payment rails, allowing the market to price risk, fund critical infrastructure and build a more resilient payments ecosystem.

The bigger risk may not be that Indians suddenly abandon UPI because a large retailer is charged a fraction of a percentage point: experts say its network effects are now too powerful for that.

But there is a potential perception problem: a 2024 survey by polling agency LocalCircles found that 75% of UPI users said they would stop using it if transaction fees were introduced, while only 22% said they would be willing to pay.

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The risk is subtler. If charging merchants makes some of them less enthusiastic about accepting UPI – or eventually discourages the smallest ones from joining – the network could begin to lose some of the frictionless quality that made it so successful.

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Wainwright reiterates Dyne Therapeutics stock rating on trial outlook

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Wainwright reiterates Dyne Therapeutics stock rating on trial outlook

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Allianz: Why I Believe Q2 2026 Doesn't Change The Hold Thesis

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Allianz: Why I Believe Q2 2026 Doesn't Change The Hold Thesis

Allianz: Why I Believe Q2 2026 Doesn't Change The Hold Thesis

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Imdex shares fall despite FY26 success

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Imdex shares fall despite FY26 success

Despite a series of record results in FY26, shares in Paul House-led Imdex fell throughout trade on Monday.

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5 Things to Know About Hayden Panettiere’s Death in Greenville, South Carolina, as Police Investigate

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AMC Theatres App And Website Users Report Outage Friday As

GREENVILLE, S.C. — Actress Hayden Panettiere, best known for her roles in “Heroes” and “Nashville,” was found dead at an apartment complex in Greenville on Sunday, according to the Greenville Police Department, which has confirmed an active investigation into the circumstances surrounding her death. Here are five key details confirmed so far.

1. Panettiere was found unresponsive at a Greenville apartment complex.

Officers and emergency medical personnel responded at approximately 1:51 p.m. Sunday to Judson Mill Lofts, located at 701 Easley Bridge Road in Greenville, following a report of an unresponsive female, according to the Greenville Police Department. Medical assistance was administered at the scene, but Panettiere was ultimately pronounced deceased. Her death marks a tragic and unexpected end for the 36-year-old actress, whose career spanned more than three decades in television and film.

2. An acquaintance of Panettiere placed the 911 call.

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According to authorities, someone described as an acquaintance of Panettiere was the individual who contacted emergency services to report the unresponsive woman at the apartment complex. Police have not released further details regarding the identity of that acquaintance or the nature of their relationship to Panettiere, and no additional information about the circumstances leading up to the 911 call has been made public at this time.

3. Police say the investigation has found no signs of foul play so far.

The Greenville Police Department is conducting its investigation in conjunction with the Greenville County Coroner’s Office. Authorities have stated that preliminary findings have not indicated any signs of foul play or suspicious circumstances surrounding Panettiere’s death. Police have cautioned, however, that the investigation remains ongoing, and a determination of the specific cause of death has not yet been publicly released by the coroner’s office.

4. Panettiere’s death was confirmed by her representative before local police released details.

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News of Panettiere’s death first became public Sunday night through a statement from her representative to ABC News, hours before the Greenville Police Department released its own statement confirming the location and circumstances of where she was found. Her father, Skip Panettiere, said in that initial statement that his daughter had been “an incredible light and a force of nature” to everyone who knew her and to the audiences who had followed her career, and he asked for privacy for the family during this time. Entertainment outlet TMZ, citing law enforcement sources, had also reported Sunday night that police responded to an incident involving the actress and that an investigation was underway, though specific location details from South Carolina authorities were not confirmed publicly until early Monday morning.

5. Panettiere had traveled from Los Angeles to the South just a day before her death.

According to TMZ’s reporting, citing sources with direct knowledge of the situation, Panettiere and her on-again, off-again boyfriend, Brian Hickerson, had flown from Los Angeles to the South on Saturday, the day before she was found unresponsive in Greenville. TMZ reported that Hickerson’s family was aware of her death. It remains unclear, based on currently available reporting, what led the pair to travel to South Carolina or what specific circumstances preceded the discovery of Panettiere at the Judson Mill Lofts apartment complex.

Panettiere’s death has prompted an outpouring of tributes from fans and former colleagues across the entertainment industry, many of whom remembered her breakout role as the indestructible cheerleader Claire Bennet on NBC’s “Heroes,” a part that made her one of the most recognizable young actresses on American television during the show’s four-season run beginning in 2006. She later starred as troubled country music singer Juliette Barnes on the ABC and CMT drama “Nashville,” a performance that earned her two Golden Globe nominations and further cemented her standing as one of the era’s leading dramatic television actresses.

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Beyond her television work, Panettiere built a substantial film career that began in early childhood, including voice work in the animated Pixar film “A Bug’s Life” and Disney’s “Dinosaur,” along with live-action roles in “Remember the Titans” alongside Denzel Washington, the teen comedy “I Love You, Beth Cooper,” and the horror franchise “Scream,” in which she played fan-favorite character Kirby Reed across both 2011’s “Scream 4” and 2023’s “Scream VI.”

In the years leading up to her death, Panettiere had become increasingly open about a range of personal struggles, including postpartum depression, addiction and a documented history of domestic abuse in her relationship with Hickerson. She detailed those experiences extensively in a memoir titled “This Is Me: A Reckoning,” which she published in May, roughly three months before her death. The book chronicled her life growing up as a child star, her path through addiction and recovery, and the emotional toll of relinquishing custody of her daughter, Kaya, to her former partner, boxer Wladimir Klitschko, in 2018.

Panettiere’s death also follows a previous family tragedy: her younger brother, actor Jansen Panettiere, died suddenly in February 2023 at age 28. His family said at the time that his death resulted from cardiomegaly, an enlarged heart, combined with aortic valve complications. Hayden Panettiere spoke publicly in the years following her brother’s death about the lasting grief that loss had caused her, describing the experience as one that permanently altered how she understood loss and mortality.

As of this report, the Greenville County Coroner’s Office has not released an official cause of death, and the Greenville Police Department has indicated that no additional details are available for release at this time. Authorities have not provided a timeline for when a final determination might be made public. Both the police department and coroner’s office have said the investigation remains active, and further updates are expected as additional information becomes available in the coming days.

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Applied Optoelectronics: 170% Growth At Just 4x Sales Is Too Cheap To Ignore

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Applied Optoelectronics: 170% Growth At Just 4x Sales Is Too Cheap To Ignore

Applied Optoelectronics: 170% Growth At Just 4x Sales Is Too Cheap To Ignore

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Sydney Swans Players Named as Police Investigate Alleged Sexual Assault at Melbourne Hotel Before Finals

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Sydney Swans Players Involved in Alleged Melbourne Hotel Incident as

MELBOURNE — Several Sydney Swans players have been named in connection with a Victoria Police investigation into an alleged sexual assault at a Melbourne hotel, casting uncertainty over their playing futures just weeks before the AFL finals series and throwing the club’s premiership campaign into turmoil.

The investigation centers on an allegation of sexual assault at a hotel in East Melbourne in the early hours of Monday morning, hours after the Swans defeated Essendon at the MCG on Sunday night. According to reporting, Isaac Heeney, Riley Bice, James Jordon, Chad Warner and one additional player were contacted by representatives of the masthead after two senior industry sources said the players had been spoken to by police following the allegation. The reporting was careful to note that not all five players are necessarily under investigation, but rather that they are assisting police with their inquiries. A manager representing one of the five players denied that his client was involved in the incident.

None of the players has been arrested or charged with any offense, and Victoria Police has not named any individuals publicly in connection with the case. In a statement, Victoria Police confirmed it was “investigating a report of a sexual assault in East Melbourne on August 17.” The statement added, “The incident occurred at a hotel on Wellington Parade in the early hours of the morning,” and said “the exact circumstances are yet to be established and the investigation into the incident remains ongoing.”

The five players named in the reporting were said to have driven back to Sydney together in a rental car on Monday night, a decision two industry sources said was made in part to avoid media attention at both Melbourne and Sydney airports.

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Police were seen reviewing evidence at the Pullman hotel in East Melbourne, where the Swans had been staying following their victory over Essendon at the nearby MCG. According to a witness to the police visit, plainclothes officers entered hotel rooms and left the venue carrying a number of items in evidence bags. Investigators also requested footage from security cameras covering public areas of the hotel, including the lobby, stairwells and elevators. Pullman hotel staff declined to comment on the investigation.

Sydney Swans chief executive Matthew Pavlich briefly addressed media in Sydney on Monday, offering limited details given the ongoing nature of the police matter. “We’re still piecing together exactly what’s transpired here and have our own set of internal inquiries ongoing. It’s safe to say that we’re extremely shocked and disappointed that this has taken place and that the players have found themselves in this situation,” Pavlich said. He acknowledged the intense public interest in the case while declining to elaborate further. “We understand the level of interest in the matter. There’s going to be lots of speculation, but given it’s a police matter right now, that is all that we can say,” he said. Pavlich did not take questions from reporters and did not respond when asked whether any arrests had been made.

Earlier Monday, the Swans released a formal statement confirming the involvement of multiple players without naming them. “The Sydney Swans can confirm several players were involved in an alleged incident in Melbourne last night,” the club said. “The Swans have notified the AFL and relevant authorities and cannot provide further comment at this stage.”

The AFL confirmed it had been notified by the Swans and said the matter currently rests with police, consistent with the league’s standard approach in cases involving active police investigations, under which the AFL’s integrity unit generally defers to law enforcement. According to a senior AFL source, the league held discussions with the Swans on Monday regarding whether the club would publicly identify the players involved and whether they would remain available to play in the coming weeks.

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The named players are considered unlikely to play for the Swans this week regardless of the outcome of the police investigation, as the club separately weighs potential internal sanctions related to late-night drinking at the AFL-funded team hotel following the match against Essendon. Asked whether the club was considering standing the players down, the Swans said all options remained open as they continued working through the facts of the situation, a position confirmed independently by a senior AFL source.

Swans board member and club great Michael O’Loughlin was seen at Sydney’s domestic airport on Monday but offered little additional insight when approached by reporters. “No, we’ll wait and see what the findings are, I don’t know,” O’Loughlin said.

The investigation arrives at a pivotal moment for the Swans, who currently sit second on the AFL ladder with 17 wins this season and are considered strong premiership contenders heading into the finals series. The club has one home-and-away round remaining before finals begin, with a match scheduled against North Melbourne in Sydney next Sunday.

Unlike the NRL, the AFL does not maintain a no-fault stand-down rule requiring clubs to automatically suspend players charged with serious offenses, leaving individual clubs to make their own determinations regarding player availability in such circumstances. The league has faced similar situations in the past involving serious allegations against players. Geelong’s Tanner Bruhn did not play for the club during the 2025 season after being charged with rape and intentional sexual touching; those charges were later dropped after a key witness admitted to providing false testimony, with Bruhn’s identity suppressed by court order until the case was formally discontinued. In other historical cases, St Kilda terminated forward Andrew Lovett’s contract in 2010 after he was charged with rape, a charge on which he was later found not guilty, while former St Kilda player Stephen Milne took an indefinite leave of absence from the club in 2013 after being charged with three counts of rape, charges that were ultimately dropped after Milne pleaded guilty to a single charge of indecent assault.

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As of Monday evening, none of the Sydney players named in connection with the current investigation had been arrested or formally charged with any offense. Victoria Police has indicated the investigation remains active, and further details are expected to emerge as the inquiry continues in the days ahead.

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Why Ministry Brands Is Setting the Standard for Technology That Helps Churches Grow and Thrive

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Why Ministry Brands Is Setting the Standard for Technology That Helps Churches Grow and Thrive

Church leaders are being asked to do more with technology than ever before. They must communicate across generations, manage giving, protect children and volunteers, coordinate events, support staff, maintain websites, and keep members connected between Sundays. Each task may look separate, but together they shape whether a church can operate with clarity and serve its community well.

That reality explains why Ministry Brands has become a visible church technology leader. The company supports more than 90,000 purpose-driven organizations with technology and services designed to help them grow, protect, and engage their communities. Its platform reaches across giving, communication, websites, media, events, background checks, donor management, and church management software.

For churches, the larger issue is not whether they use software. Most do. The question is whether their tools work together in a way that supports ministry, or whether disconnected systems create more work for teams already stretched thin.

The Value of One Technology Partner

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Many churches begin their digital growth by solving one need at a time. They add one tool for online giving, another for email, another for events, another for check-in, and another for websites. Over time, however, the result can become fragmented.

Disconnected vendors often mean separate logins, separate data, separate support teams, and separate workflows. Staff members may spend time reconciling information instead of using it. Volunteers may receive inconsistent instructions. Leaders may struggle to see a full picture of engagement, generosity, and participation.

A comprehensive church software platform changes that dynamic. When technology is integrated, churches can organize people, communication, giving, events, and operations through a more connected system. That does not remove the human responsibility of ministry. It gives leaders better tools to carry it out.

Ministry Brands has built its work around that kind of connection. Its faith-based technology solutions are designed to help leaders manage both the operational and relational sides of ministry. A church can use technology to process donations, plan events, share messages, screen volunteers, and understand member engagement without forcing each function into a separate silo.

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That matters because church operations are not merely administrative. They shape trust. Giving tools affect donor confidence. Background checks affect safety. Communication tools affect belonging. Event systems affect participation. Websites affect first impressions. When these functions work together, ministry teams can focus more attention on people.

Technology That Supports Mission

The strongest church technology does not ask churches to become technology companies. It helps them become more effective in the work they already feel called to do. This distinction is important for any organization evaluating ministry software.

Churches operate with limited time, volunteer capacity, and staff resources. Even larger congregations face the challenge of coordinating multiple departments and ministries. Smaller churches may rely on part-time staff or volunteers who need systems that are clear, practical, and reliable.

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Ministry Brands positions its tools around those realities. The company states that its purpose is to help clients create positive impact by making passion actionable and raising technology standards for the industry. Its view is that churches remain the experts in their mission, while the company helps them reach it through technology.

This approach reflects a broader shift in church digital transformation. The goal is not to adopt every new tool. It is to select systems that make ministry more consistent, secure, and measurable. A church can communicate more effectively with families, follow up with donors, register volunteers, and understand participation patterns when its data and workflows are connected.

Integrated church operations software also helps leaders make better decisions. When information is scattered, staff may rely on instinct or incomplete reports. When systems connect, leaders can see trends in attendance, giving, registrations, and engagement. That visibility can support planning, staffing, stewardship, and outreach.

Innovation With Practical Purpose

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Innovation in the faith-based technology sector cannot be judged only by the number of features a company releases. It should be judged by whether those improvements solve real problems for churches and ministries.

Ministry Brands has continued to invest in product innovation, research, customer education, and long-term client partnerships. Those investments are important because churches face changing expectations from members and donors. People now expect digital giving to be simple, communication to be timely, websites to be clear, and registration processes to be convenient.

At the same time, churches must handle sensitive information responsibly. They manage donor data, family information, background screening records, and financial activity. Reliable technology must balance ease of use with security, support, and compliance awareness.

A mature church technology partner can help leaders think through those concerns. Product development may produce better tools, but education helps churches use them wisely. Research helps companies understand how congregations are changing. Long-term partnerships help churches adapt without feeling forced into constant reinvention.

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This is where Ministry Brands’ scale is relevant. With nearly 700 associates supporting many organizations, the company has exposure to many types of ministry environments. That experience can inform how it builds products, trains clients, and supports churches that differ in size, structure, and digital maturity.

Improving Engagement and Communication

Member engagement is one of the clearest areas where integrated technology can improve ministry effectiveness. Churches are not only trying to reach people on Sunday mornings. They are trying to maintain connection during the week, welcome new visitors, support small groups, coordinate volunteers, and help members take next steps.

Communication can become difficult when data lives in several systems. A family may attend an event, give online, volunteer, and fill out a form through different tools. Without integration, staff may not easily understand the family’s full relationship with the church.

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A connected platform can make communication more relevant and timely. Leaders can segment messages, follow up after events, remind volunteers of assignments, and support donor engagement with greater consistency. The outcome is not communication for its own sake. The outcome is stronger connection.

This is especially important as churches serve people with different habits. Some members respond to email. Others prefer text. New visitors may first encounter the church through a website or livestream. Families may expect online registration and digital giving. Older members may still value personal calls and printed information.

Church technology should support all of those pathways without forcing leaders to choose between digital tools and personal ministry. A strong platform gives staff better information so that personal connection becomes more intentional.

Operational Efficiency as Ministry Stewardship

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Efficiency can sound like a business term, but in churches it is often a stewardship issue. Every hour a staff member spends correcting duplicate records, manually tracking registrations, or switching between systems is time that could be invested in people.

Integrated church management software can reduce administrative friction. It can simplify event setup, giving reconciliation, volunteer screening, communication planning, and reporting. For church leaders, those improvements can support both accountability and care.

The same principle applies to financial stewardship. Churches need giving tools that are easy for donors to use and reliable for staff to manage. They also need reporting that helps leaders understand trends without unnecessary complexity.

Safety is another operational area where technology has ministry implications. Background checks and volunteer management help churches protect the communities they serve. When these processes are part of a broader technology ecosystem, leaders can maintain clearer records and more consistent procedures.

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The point is not to replace discernment or leadership. It is to create systems that help good leadership function at a higher level. In that sense, operations and ministry are not separate. Strong operations make ministry more sustainable.

Helping Churches Adapt Without Losing Focus

The pace of technology change can be challenging for churches. Tools promise efficiency, but they can also create confusion. Leaders must evaluate what is useful, what is secure, what is affordable, and what aligns with the church’s mission.

Ministry Brands’ long-term value is tied to helping churches navigate that complexity. As a church technology leader, the company is not simply offering products. It is helping define what modern ministry infrastructure can look like when giving, communication, management, media, safety, and engagement are viewed as connected parts of one mission.

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That perspective matters because technology should not become the center of church life. It should support the center. Churches grow and thrive when they can serve people, communicate clearly, steward resources, protect communities, and adapt to changing needs without losing sight of their purpose.

The future of church digital transformation will likely depend on this balance. Churches will need modern systems, but they will also need partners that understand the human side of ministry. Ministry Brands has built its position on that intersection, helping organizations use technology in ways that make mission more actionable.

For churches evaluating their next stage of growth, the central question is not simply which software has the most features. It is which partner can help them operate with clarity, engage people more effectively, and stay focused on the work they were created to do. That is the standard Ministry Brands is working to set.

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Susquehanna cuts JD.com stock price target on revenue pressure

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Susquehanna cuts JD.com stock price target on revenue pressure

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At Close of Business podcast August 17 2026

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At Close of Business podcast August 17 2026

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(PHOTO) Taylor Swift Debuts Shortest Hair in Years at U.K. Wedding With Sabrina Carpenter and Jack Antonoff

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Taylor Swift

Taylor Swift showed off a dramatically shorter hairstyle over the weekend, appearing at a U.K. wedding alongside a group of close friends and collaborators just weeks after marrying Kansas City Chiefs tight end Travis Kelce.

The 36-year-old singer attended the wedding of longtime recording engineers Oli Jacobs and Laura Sisk on Saturday, Aug. 15, held at Peter Gabriel’s Real World Studios outside Bath, Gloucestershire. Swift’s shorter hairdo was on full display throughout the celebration, with her signature bangs still intact, as she wore a navy blue dress embroidered with golden floral designs, paired with her classic red lip.

Swift also wore her engagement ring and wedding band during the event, marking one of her more visible public appearances since marrying Kelce earlier this summer in a ceremony held at Madison Square Garden in New York City.

The wedding brought together a notable roster of Swift’s close friends and musical collaborators. She was joined by pop star Sabrina Carpenter, 27, and producer Jack Antonoff, 42, both of whom have worked extensively with Swift on various projects over the years. Singer-songwriter Phoebe Bridgers was also among the guests photographed at the event.

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Swift’s shorter hairstyle did not come entirely as a surprise to fans following her recent appearances. A first glimpse of the new look emerged several days earlier, on Wednesday, Aug. 12, when Swift was photographed exiting the private members-only club Annabel’s in London with a friend. In those photos, her long hair appeared cut into a shoulder-length style, offering an early preview of the more dramatic transformation she debuted fully at Saturday’s wedding.

The shift marks a departure from Swift’s hairstyle choices in recent years, during which she has largely worn her signature blonde hair long and straight. More recently, however, she has increasingly embraced her natural hair texture in public appearances. When Swift announced a new single tied to “Toy Story 5” earlier this year, promotional imagery for the song showed her sporting a textured, banged hairstyle with a boho-Western aesthetic, suggesting the shift toward a more textured look had been building for some time.

One of the last instances of Swift publicly wearing a similarly textured style dates back to 2024, when she was seen out in Sydney, Australia, with Carpenter following an earlier reintroduction of the look while supporting Kelce at one of his NFL games that same year.

Swift has spoken previously about the unpredictable evolution of her hair texture over the years. In a 2019 feature for Elle published around her 30th birthday, Swift reflected candidly on the transformation her hair had undergone since childhood. “I learned that your hair can completely change texture,” she wrote. “From birth, I had the curliest hair and now it is STRAIGHT. It’s the straight hair I wished for every day in junior high.” She added a lighthearted note about the shift away from her natural curls, writing at the time, “But just as I was coming to terms with loving my curls, they’ve left me. Please pray for their safe return.”

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Swift’s attendance at Saturday’s wedding reflected years of close professional collaboration with both Jacobs and Sisk, who have served as some of her longest-standing studio engineers across multiple albums throughout her career. According to information from Jacobs’ professional website, he began his career as an assistant engineer at Real World Studios, the venue where the wedding itself took place, and spent eight years working his way up to the role of head engineer before relocating to Los Angeles in 2022.

Sisk, meanwhile, has continued working as a recording engineer across both Los Angeles and New York. She had previously attended Swift’s own wedding to Kelce in July at Madison Square Garden, underscoring the close personal and professional ties between Swift and the couple being celebrated at Saturday’s event.

The wedding also highlighted the broader web of creative relationships connecting Swift, Carpenter, Antonoff, Jacobs and Sisk, all of whom have collaborated closely across various music projects in recent years. Antonoff, in particular, has served as one of Swift’s most frequent co-writers and producers throughout multiple album cycles, while Carpenter has similarly worked alongside Swift on various musical and touring projects.

Swift’s appearance at the wedding comes amid a broader stretch of public attention surrounding her personal life following her marriage to Kelce, with the couple’s relationship continuing to draw significant media coverage even as both have maintained active professional schedules. Kelce has continued preparing for the upcoming NFL season with the Chiefs, including participating in the team’s preseason schedule, while Swift has continued to make public appearances tied to both her personal life and ongoing creative projects.

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The dramatic hair change has quickly become a talking point among fans and entertainment outlets tracking Swift’s evolving public image following her wedding, with many drawing comparisons between her current shorter, more textured style and earlier points in her career when she similarly experimented with departures from her long, straight signature look. Whether the shorter hairstyle represents a lasting change or a temporary style choice tied to the summer wedding season remains to be seen, though Swift’s history of gradually reintroducing more textured looks over the past several years suggests the shift may reflect a broader, ongoing evolution in her personal style rather than a one-off appearance.

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