Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Russia's Travel Industry Seeks Talks Over Maldives Payment Disruptions
On Monday, the Russian Union of Travel Industry (RST) asked Moscow to seek talks with Maldivian officials about payment problems affecting Russian tourists and travel companies. The Moscow Times put the combined value of delayed or returned…
Update on DWP 'cold weather' payments to people on 4 benefits
An update has been given on Cold Weather Payments as Government officials have published new advice. Officials at the Department for Work and Pensions (DWP) today issued newly updated easy-read advice for people who may want to claim the money. A…
How the right payment system can help Canadian small businesses grow
Alexis Berger is the owner of Camp Canine, a dog daycare, walking, and grooming business based in Toronto. As her business grew, she needed a payment system that could keep up with a fast moving business. The wireless Chase Payment Solutions Canada…
PNC Brings USDC Payments to Institutional Banking Clients
Latest News PublishedNov 9, 2026 The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit. PNC Bank, the eighth-largest US bank by assets, launched a limited…
Strategy's STRC Amendment Sets Daily Record Dates and Business-Day Payments
Every calendar day now counts as a record date for Strategy's Nasdaq-listed Stretch preferred stock (STRC). The amended certificate took effect Nov. 1, with regular dividends scheduled for payment on business days. The change replaces the…
One-off £265 payments paid to UK households for winter
Child Heating Payments will rollout to eligible households in Scotland from Monday, October 5 One-off payments of £265.50 are being paid to eligible UK households to help with heating bills this winter. The money is a Child Heating Payment…
Winter Fuel Payment '6 letter code' cash goes in bank 'next week
People waiting for the new Winter Fuel Payment to land in their bank account can look for a special code - and know for sure it's there. The Department for Work and Pensions has said that eligible individuals will begin receiving the money from…
DWP urges benefit claimants to report changes that could increase payments
Benefit claimants could be missing out on higher payments because they are worried that reporting changes in their circumstances could result in their financial support being reduced. The Department for Work and Pensions (DWP) has acknowledged that…
Welsh Government release details of £100 payment for households this winter
People in council tax bands A to D will get £100 towards energy bills this winter, along with anyone who receives the Council Tax Reduction Scheme. That scheme is for people in low-income households and people on certain benefits. The Welsh…
Nexi Sells Payment Provider Ratepay to Affirm
As part of the deal, Nexi and Affirm inked a memorandum of understanding to expand their current partnership in Germany, Austria and Switzerland and explore new opportunities together, the companies said in a Monday (Nov. 9) news release.
Tour Companies Ask for Government Support After Largest Bank in Maldives Rejects Russian Payments
The Russian Union of Travel Industry (RST) said Monday that it requested the government to hold talks with authorities in the Maldives after the island nation's largest bank began rejecting payments made by Russian tourists. The Bank of Maldives…
How Canada's real-time payment rail challenges bank innovation
Key insights: Canada launched its instant payments infrastructure, called Real-Time Rail, after years of delays. Expert quote: 'The launch of Canada's Real-Time Rail marks the beginning of a new era for payments in our country.' — Susan…
DWP confirms 24 conditions that may qualify for up to £114 a week payment
The Department for Work and Pensions (DWP) has confirmed the full list of 24 conditions that could qualify claimants for £114 weekly payments of Personal Independence Payment (PIP). There are a total of 144,732 PIP claims for the various…
Ten years after demonetisation, cash remains king despite India's digital payments boom
Though digital payments have jumped manifold, high cash holdings raise questions about the lasting impact of demonetisation on India's dependence on physical currency. While the economy has expanded considerably over the past decade, growing at 6-7…
How Better Payment Details Help Banks Screen Crypto Exposure
After sanctioning Iranian exchanges in June and August, the Treasury Department on Friday (Nov. 6) sanctioned eight Canadian currency dealers, many of which had transacted with those exchanges, according to a press release. In a separate action…
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