Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hacker stole £700,000 from U.K. energy company by redirecting payment
British oil and gas company Zephyr Energy says someone stole £700,000 (close to $1 million) from one of its U.S.-based subsidiaries by redirecting a payment meant for a contractor into a hacker-controlled account. In a regulatory filing with…
Global Payments Inc. stock outperforms competitors on strong trading day
Shares of Global Payments Inc. GPN rose 1.24% to $65.88 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.62% to 6,824.66 and the Dow Jones Industrial Average DJIA…
USPS suspends payments to FERS pensions in cost-savings effort
The United States Postal Service announced on Thursday that it will halt contributions to its employees' retirement pension plan as the agency works to conserve cash and manage its dwindling finances. Postal Service Chief Financial Officer Luke…
Iran's Sanctions-Busting Crypto Ambitions Grow on Toll Payments
As a fragile US-Iran ceasefire takes shape, Tehran has signaled that payments in digital currency should form part of any toll system for vessels passing through the Strait of Hormuz, the chokepoint through which around a fifth of the world's oil…
US Postal Service to suspend employer payments to workers' pensions, citing cash crunch
The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer contributions to Federal Employees Retirement System annuities, allowing it to keep making payroll, paying suppliers and…
EX.IO Partners with Payment Asia, Joining Hands to Support Hong Kong's Licensed Stablecoin Ecosystem
HONG KONG, April 10, 2026 /CNW/ -- Leading licensed digital asset trading platform EX.IO today announced the signing of a Memorandum of Understanding (MOU) with one-stop electronic payment platform Payment Asia. The two parties will jointly explore…
Off the Grid maker and Game Informer owner Gunzilla Games accused of missing staff salary payments
Former and current staff at Gunzilla Games, publisher/developer of blockchain game Off The Grid and owner of US games publication Game Informer, say that the company has not been paying salaries for months. Workers at the company have taken to…
Low income households urged to check for extra payments or Council Tax discounts
The latest report from Policy in Practice suggests over 7million households are missing out on £24 billion in unclaimed benefits, including Universal Credit, Pension Credit and Carer's Allowance. However, the report also indicated that the…
SpiceJet Share Price Falls Over 2% After UK Court Order $8 Million Payment To Engine Lessor
SpiceJet Share Price: The shares of cash-strapped airline SpiceJet plummeted in Friday's trading session after a UK court ordered the airline to cough up $8 million or nearly Rs 70 crore to an engine lessor. In early trade today, SpiceJet shares…
US Postal Service to suspend employer payments to workers' pensions, citing cash crunch
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Social Security Has Never Missed a Payment. Will That Change Soon?
Few people would disagree with the fact that Social Security has problems. Many recipients believe that their checks don't cover enough living expenses and that their buying power has declined over time. But despite those valid concerns, the Social…
Could Blockchain-Based Payments Like XRP Influence D.C.'s Local Financial Regulations?
If you've ever dealt with delays in city payments, you'll understand why this matters. The XRP price today sits at the center of a broader technological shift, one that could help eliminate long-standing bottlenecks in Washington's financial…
Changes to PIP this month could see new claims get longer payment award
The UK Government plans to increase the length of awards for people making a new claim for Personal Independence Payment (PIP) from this month to help reduce the backlog of Work Capability Assessments (WCA). The Department for Work and Pensions…
New PIP claimants in certain age groups could get 10-year payment award
The latest figures from the Department for Work and Pensions (DWP) show there are now over 3.9 million people claiming Personal Independence Payment (PIP). The data also indicates there were 683,994 people of State Pension age in receipt of the…
Analysis:Crypto giant Kraken's Fed payment account sparks concerns about risks
April 10: Crypto giant Kraken's landmark Federal Reserve master account comes with restrictions aimed at mitigating risks, but it - and others likely to follow in its wake - could still create vulnerabilities for the U.S. financial system. Founded…
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