Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
1 in 4 homeowners are making this extra mortgage payment. Should you?
The affordability crisis may be preventing some homeowners from paying off their mortgages early. The share of Americans who are forking over additional money to pay down the principal on their mortgage fell earlier this year to the lowest level in…
SNAP benefits are increasing October 1-New payments revealed
Millions of Americans receiving federal food assistance will see the maximum benefits available through the Supplemental Nutrition Assistance Program (SNAP) increase from October, after the federal government released new benefit levels for the…
More than one million homeowners face £283 monthly increase in mortgage payments
More than a million homeowners face paying £283 extra in monthly mortgage payments as they come off cheaper fixes. New data from Compare the Market shows 1,095,905 homeowners who took out mortgages in 2024 are set to come off two-year fixed…
Circular's New Smart Ring Brings Mobile Payments to Your Finger
Circular is putting mobile payments at your fingertips with its new Circular Ring 3 series. Announced at IFA, the consumer tech show in Berlin, the Circular Ring 3 Pro and Circular Ring 3 Slim are bringing more smartwatch-like capability to the…
Amplify Digital Payments ETF: There Are Many Reasons To Look Elsewhere (NYSEARCA:IPAY)
The Amplify Digital Payments ETF targets the digital payments sector but has significantly underperformed the S&P 500 over the past five years. Despite recent momentum, IPAY has posted losses in total returns for four of the last six years. IPAY's…
Insurer escapes payment of $5.25 million judgment
Cincinnati Insurance has prevailed in a lawsuit brought by a fellow insurer over who should pay a $5.25 million judgment tied to a construction site accident that injured a subcontractor's employee. Cincinnati won summary judgment against American…
Rs 30 Lakh Payment' Audio Surfaces In Goa Project Extortion Probe
The authenticity and context of the audio recording have not been independently verified. Summary is AI-generated, newsroom-reviewed An audio recording mentions a Rs 30 lakh payment linked to HoABL One Goa project controversy Mumbai Police arrested…
1,000,000 XRP Ledger Threshold Is Closer: 890,000 Payments in 24 Hours
With daily payments getting close to one million following a significant 24-hour increase, XRP Ledger is getting closer to another significant network-activity milestone. The network processed 879,868 payments on September 1, according to XRPSCAN…
DWP confirms 5 groups who will not get Winter Fuel Payment this winter
The Department for Work and Pensions (DWP) has clarified which five groups of people will not qualify for the Winter Fuel Payment this winter. Individuals born on or before 27 June 1960 who satisfy specific conditions will be entitled to receive up…
Ohio uncovers more alleged Medicaid fraud payments
(The Center Square) – A northeast Ohio behavioral health agency received $1.2 million in improper Medicaid payments, Ohio's auditor said. The state wants $1.4 million in repayment, adding interest, from New Destiny Treatment Center in Summit…
Canva Turns to EBANX and Capitec on Subscription Payments
This offering is open to Canva customers in South Africa through Capitec Pay, the account-to-account payment method from the country's Capitec bank, the companies announced in a news release Wednesday (Sept. 2). The announcement marks “a…
Shopline Taps Splitit for Card-Linked Installment Payments
The collaboration will embed Splitit's technology into the Shopline platform, letting merchants activate installment payments while allowing consumers to pay over time using the available credit on their payment cards, per the release. “The…
EMVCo Proposes Intent Layer for Agentic Card Payments
That distinction sits at the center of a new effort to build common technical standards for agentic commerce. EMVCo on Tuesday (Sept. 1) released a draft framework designed to help issuers, merchants and other payment participants…
Homer stops payments to water meter company at AG's directive
HOMER, La. – The town of Homer has stopped payments to a company that installed its water meters four years ago because the state attorney general said their agreement is illegal. Fiscal Administrator David Greer said -- in a status report…
Andy Burnham bumper £9,600 PIP payments
Millions of households are set for bumper PIP payments. Latest figures have provided an indication of how the UK's main disability benefit may rise from next spring. DWP benefits rise each year in line with the CPI inflation rate of the previous…
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