Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Supreme Court under fire over past payments to expert reviewing leak probe
The Supreme Court failed to disclose its past relationship with Michael Chertoff, CNN reported. Chertoff, a security consultant, recently reviewed the court's internal leak investigation. Progressive groups slammed the court over what they view as…
Payment Trends to Watch in 2023
If 2021 was focused on growth and scale, and 2022 saw cost-cutting and survival as key objectives, then 2023 is a year to aim for stability. A challenging macroeconomic climate is forcing payment issuers and acquirers to prioritize revenue growth…
Winter fuel payment delayed for nearly half a million off-grid homes until spring
Almost half a million homes will not get any help with their energy bills until spring as a result of Government delays in rolling out their payments. Furious MPs have ordered ministers to “pull out all the stops” and speed up the…
AmEx profits fall 9% as customers fall behind on payments
NEW YORK (AP) — American Express saw its first quarter profits fall by 9%, as the credit card giant had to set aside significantly more money to cover potentially bad loans. The company saw charge offs and delinquencies rise, a troubling…
The 21 health conditions that could entitle you to a PIP payment of £4,800 a year
Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice The latest data from the Department for Work and Pensions has revealed…
Trends and Big Ideas Shaping Fintech in 2023 • TechCrunch
At Visa, we see our work with fintechs as one of our greatest opportunities. Fintechs are changing the game, reinventing the ways consumers manage their finances, and businesses manage their operations. As we begin 2023, we're excited to see new…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/YBNLALGZHJNGLAHP74MUGH62DQ.jpg)
DOJ probing Visa on U.S. debit card practices, competition
Jan 27 (Reuters) - Visa Inc (V.N) said on Friday the antitrust division of the U.S. Department of Justice had issued investigative demand earlier this month seeking documents and information about U.S. debit card practices and competition with…
Why is Brite such a popular payment method in the gambling industry?
We live in a digital era where you can play slots or any other casino game anytime, anywhere! There are many online casino payment methods to choose from, and regardless of who you are or where you live, there is always an opportunity to play for…
SMEs everywhere could do with some help on getting their payments on time
The November edition of PYMNTS' ‘B2B And Digital Payments Tracker' revealed that 1 in 4 SMEs in the UK were impacted by cash flow challenges, while 94 per cent of British companies experienced at least one month of negative cashflow in 2021.
GPS adds two payments veterans to c-suite
Source: Global Processing Services Global Processing Services (“GPS”), a fast-growing next-gen global payments technology platform, today announced the appointment of Jim McCarthy as Executive Vice President – Global Head of…
4 Payment Trends for Grocers to Watch Throughout 2023
A landscape of mixed economic signals surrounds grocers entering the New Year. Inflation has slowed yet remained persistent, affecting everyday purchases like gas and groceries, while supply chains have yet to stabilize. Conversely, consumer…
Worldline launches digital payments suite for Indian SMEs
Worldline [Euronext: WLN], a global leader in payments services, today announced the launch of its Buland Bharat digital payments suite, which is designed specially keeping in mind the needs and wants of small and medium businesses (SMBs) in India.
Bereavement support payment extended to cohabitees with dependent children - Which? News
Bereavement support payments (BSPs) are being extended to cover cohabitees with dependent children – rather than just spouses. The sum of almost £10,000 will benefit unmarried parents going forward, and will retrospectively apply to…
Pressure on Issa brothers as EG Group debt interest payments jump £200 million
Q uestions are mounting over the scale of the debt burden looming over the Issa brothers, the billionaire owners behind Asda and petrol forecourt business EG Group, after an Evening Standard analysis found the company could face increased interest…
Banks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money
As blockchain technology continues to develop over the coming years, cross-border payments will prove to be a game-changing use case. In order to grow, the industry needs user adoption while users will embrace a technology that fills an actual…
Receive a Daily briefing on Payments Industry News
Get Started