Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
DWP confirms exact birth date to £300 Winter Fuel Payment in 2026
A vital cut-off date has been announced for claiming £300 from the Department for Work and Pensions this year. Winter Fuel Payments are tax-free annual lump sums issued by the UK government to help older people cover their heating costs…
Global Payments Inc. stock outperforms competitors on strong trading day
Shares of Global Payments Inc. GPN rallied 1.31% to $93.49 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.43% to 7,674.37 and the Dow Jones Industrial Average DJIA…
Walmart to Offer Apple Pay in Push for Contactless Payments
After a long holdout, Walmart Inc. is finally getting Apple Pay. The world's largest retailer said Friday that it's rolling out contactless payments, including Apple Pay, across all of its stores by the end of the year. It's part of a push to make…
Apple Discloses Tax Payments in Europe for the First Time
For the first time, Apple is disclosing how much profit and taxes it generates in the European Union. (File photo) Under new European Union transparency regulations, Apple has disclosed for the first time how much profit and in what amount of taxes…
TikTok Settles Investigation with $400 Million Payment
The U.S. government accused TikTok of illegally collecting data from children. Following a change in ownership of the U.S. business and a payment of several hundred million dollars, the investigation has been closed. (File photo) The short-form…
There's Down Payment Money You Never Applied For
There are thousands of down payment assistance programs across the United States, run by state housing agencies, counties, cities, employers and non-profits. Most buyers who qualify for one never apply, usually because nobody told them it existed…
Indian payments firms raised $5.8 bn in last five years
India's payments sector has raised $5.8 billion across 371 equity funding rounds since January 2021, while producing eight initial public offerings (IPOs) and triggering 25 acquisitions, as the industry increasingly consolidates around a handful of…
Experts warn expired credit cards can be brought back from the dead to make contactless payments
Researchers show how an expired contactless card can still complete a real purchase because the expiry date the terminal reads is not covered by its signature The attack needs physical possession of the discarded card and two ordinary smartphones…
DWP confirms full list of 533 conditions that qualify for £748 monthly payments
The Department for Work and Pensions (DWP) has confirmed the full list of all 533 conditions that qualify for monthly payments worth up to £748. Personal Independence Payment (PIP) is a disability benefit paid to support those who need help…
Fifth Third bets on demand for more complex embedded payments
Key insights: Fifth Third has invested in embedded finance company Payload. What's at stake: The bank has its own embedded finance unit and is expanding its reach as demand for embedded payments grows. Expert quote: 'Within two or three years…
£740 unexpected payments landing for state pensioners on basic state pension
The Department for Work and Pensions is handing £740 to millions of pensioners on August 28. Basic state pensioners will receive their essential benefit payments early and ahead of the Augist bank holiday long weekend. Payments due on Monday…
Fifth Third Backs Payload's Embedded Payments Expansion
Payload was founded in late 2019, processed its first payment in January 2020 and processed nearly $500 million in May alone, according to the release. The company has become a leading processor of earnest money deposits for the residential real…
One AI Agent, 2,395 Payments. Still No Final Say
Preparing a batch of payments used to mean a person checking each invoice, confirming it matched what was approved, and grouping everything by hand. Coupa just showed how much of that work software can now do on its own. The company's Payment Batch…
Instant Payments Unlock Working Capital by Allowing Treasury to Pay Later
Real-time settlement does not merely accelerate money. It makes time negotiable, particularly across B2B. If a supplier must be paid Friday, a company should not have to surrender the cash Wednesday just because the payment rail needs two days to…
157,679 Shares in Global Payments Inc. $GPN Acquired by Danske Bank A S
Danske Bank A S purchased a new position in Global Payments Inc. (NYSE:GPN - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 157,679 shares…
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