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 PIP rates rise from April 2027 with new payments
The Department for Work and Pensions (DWP) has today confirmed the key rates for Personal Independence Payments (PIP) for the coming year. In its annual review, the government announced that working-age and disability benefits would increase by…
Major HMRC tax payment changes 'will affect 3 million UK workers
Millions of self-employed workers and landlords are being urged to prepare for major changes to how they pay tax, with an expert warning that some could face overlapping payments when new HMRC rules take effect. The Government has confirmed that…
Global Payments Inc. stock outperforms competitors on strong trading day
Shares of Global Payments Inc. GPN advanced 3.91% to $101.59 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.38% to 7,520.93 and Dow Jones Industrial Average DJIA falling…
Partick Thistle lose SWPL points for amateur player payments
Partick Thistle have been deducted three points and fined £6,000 by the Scottish Women's Premier League for making payments to players who were registered as amateurs last season. Thistle finished sixth last season and the points penalty…
Exclusive: Nubank Alum Raises $14M For Colombia's Palomma To Tackle Rent Payments, Landlord Financing
In 2020, Cipriano Echavarría was working at Morgan Stanley in New York and weighing his next career move when he noticed a plaque on his desk. Among the names of people who had sat there before him was David Vélez. He looked up the…
BILL Holdings: Profits Are Ramping Up As Payments Volume Sustains Double-Digit Growth
Gary Alexander 34.58K Followers BILL Holdings stands out as a top value play in the software sector, specializing in payments and AR/AP automation for SMBs. I focus on undervalued, lagging software stocks as the AI trade loses steam, seeking…
The state pension payments that won't be increased by DWP this year
Not all state pension payments are triple locked. State pensioners will receive another handy triple lock boost from April, with various elements of DWP payouts automatically increased for inflation as of April 2027. However, not all state pension…
Mortgage payment changes for millions of homeowners next year
Around 2.3million fixed-rate mortgage deals are due to expire in 2027, potentially leaving homeowners facing changes to their monthly repayments. The latest forecast from UK Finance comes as the Bank of England increased its base rate to 4 per cent…
DWP state pension payments that won't be increased in April 2027
State pensioners are set to benefit from another triple lock increase come April, with several DWP payments automatically rising in line with inflation from April 2027. That said, not every state pension payment will see a triple lock uplift. In…
WhatsApp Head Sets Payments and AI Priorities Without Launch Dates
WhatsApp head Kunal Shah has outlined plans to simplify everyday tasks within the messaging service and add artificial intelligence assistance, aiming to reduce the time users spend moving between chats and other tasks. In a Nov. 10 post, Shah said…
Strategy Says $4.9 Billion Covers 3.4 Years of Payments
Strategy said Tuesday its dollar assets totaled $4.9 billion on Nov. 8, enough for 3.4 years of interest and preferred-dividend payments under its coverage measure. Strategy also reported 850,364 Bitcoin (BTC) on Nov. 8. Its third-quarter results…
The 6 state pension payments being frozen for 2026 and 2027 under Andy Burnham
The Labour Party government has confirmed it has completed its latest government benefit review. The Department for Work and Pensions (DWP) statutory adjustments mean most benefits will rise by 3.5% next April. And the state pension itself is set…
When Winter Fuel Payment will land in bank accounts this November
The Department for Work and Pensions (DWP) has confirmed when people across Liverpool should expect the Winter Fuel Payment to land in their bank accounts this month. The payment ranges from £100 and £300 and aims to take the pressure…
Late mortgage payments tick up as CBA defends economy's resilience
The nation's largest bank has recorded an uptick on the rate of borrowers falling behind on their home loans as interest rates rise and the market cools. In a trading update issued on Wednesday, Commonwealth Bank recorded a 7 basis point increase…
DWP confirms full list of PIP rates and payments from April 2027
The Department for Work and Pensions (DWP) has confirmed the new proposed rates of Personal Independence Payment (PIP) which is going up from April 2027. The disability benefit, paid out by the DWP, helps with some of the extra costs caused by…
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