Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Stripe, PayPal Ventures bet on India's Xflow to fix cross-border B2B payments
Xflow, an Indian fintech startup, has secured backing from both Stripe and PayPal Ventures in a $16.6 million funding round. The investment comes as the company works to carve out a position in cross-border B2B payments, a market still dominated by…
Democrat wants millions of people to get $1,336 direct payment
Former Senator Sherrod Brown, an Ohio Democrat, is calling for all residents in The Buckeye State to receive a $1,336 rebate check after the U.S. Supreme Court ruled last week that some of President Donald Trump 's tariffs were unconstitutional.
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March 2026 payment dates for benefits and pensions plus cost of living support
Spring is approaching, meaning brighter weather and hopefully lower bills as cold weather costs begin to drop. March can be a difficult month for many, as we await all the changes – good and bad – that the financial new year promises…
'Vanderbilts are back': Husic raps Apple over payment market power
Senior executives from Apple have been forced to defend the secret fees they charge Australian banks, as policymakers grilled the US technology giant on its market power and questioned restrictions on bank apps accessing iPhone payments.
Trump's new tariffs shift focus to balance of payments; economists see no crisis
Feb 24 - President Donald Trump's temporary 15% tariffs to replace those struck down by the U.S. Supreme Court are meant to resolve a problem that many economists say does not exist: a U.S. balance of payments crisis, making them…
Lloyds Bank confirms payments of up to £500 for these customers
Lloyds has introduced a new headline-grabbing switching deal which can be worth up to £500 for Brits. The deal could potentially be worth far more for savers and investors providing the take full advantage of the perks available. And the…
This major London airport is finally getting contactless payments for train tickets next month
News Stansted Express passengers will be able to simply tap in and tap out from next month Written by Amy Houghton Contributing writer Finally, Stansted Airport is catching up with the rest of London's airports and introducing contactless ticketing…
Stablecoins could finally bring cross-border payments into the digital age, argues XTransfer CEO Bill Deng
Bill Deng, CEO of China-based fintech platform XTransfer, thinks stablecoins can help finally digitize business-to-business transactions, often still stuck in a world of PDFs and emails. Much of cross-border trade now operates around the clock.
RedotPay stablecoin payments firm said to consider $1 billion IPO in New York: Bloomberg
RedotPay, a Hong Kong-based stablecoin payments upstart, plans to raise more than $1 billion in a U.S. initial public offering (IPO) that could value it at over $4 billion. Sources close to the matter told Bloomberg that the company, which achieved…
First time California homebuyers can now get $150K for down-payments - but the clock is ticking
First-time homebuyers in California have just 20 days starting tomorrow to lock in up to $150,000 in down payment assistance through a revived state program aimed at easing the crushing cost of buying in the Golden State. The state's Dream For All…
DWP to launch Crisis Payment and Housing Payment in April
Two new DWP payments are set to be launched in April. The Department for Work and Pensions is set to introduce a new scheme later this year, encompassing cash payments, rent assistance, food vouchers and more. The financial department will roll out…
The Clearing House: Trust Is the Gatekeeper for What's Next in Payments
A single word rarely captures the trajectory of an entire industry. Yet during periods of structural change, language often provides a useful lens through which priorities, anxieties and ambitions can be understood. During a conversation for the…
Council rejects opposition plans to give 30,000 households £25 payment
Plans to spend more to police fly-tipping and problem parking have been ‘thrown out' by Manchester council along with a £25 winter fuel proposal. The authority is set to approve its budget for the new financial year on Friday (February…
PayPal's 'bad code' leads to unauthorized payments
Key insights: PayPal suffered a breach due to a faulty code in its small-business lending group. What's at stake: The breach comes as PayPal attempts to recover from an earnings slump. Forward look: PayPal has refunded the stolen funds and offered…
Millions of pensioners must repay Winter Fuel Payments to HMRC
Millions of pensioners are being hit with a tax sting as HMRC begins writing to retirees who must repay their Winter Fuel Payment. Around two million older people are expected to be caught by the clawback after receiving the annual heating boost…
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