Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Stop Ignoring Hidden Drag on the Global Economy: Nearly 40% of Payments Are Locked in Payment Delays, According to Sidetrade Data Lake
United States Averaging 25 Days Delay Despite Short Commercial Terms Europe Pays Faster Than the United States Aggregated and Anonymized Data Derived From the Payment Behaviors of More Than 42 Million Buying Companies Worldwide, Representing Over…
DWP update on £4,000 payments that many don't know exist
The DWP has faced scrutiny over one of its payment schemes that can be worth many thousands of pounds. Experts in the policy field recently spoke to MPs about people with a disability or health condition struggling to get the support they are…
A $100M payment and Lutnick's island admission: The latest Epstein revelations
The fallout from the three million documents released from the Justice Department as part of the Epstein files continues to embroil high-profile politicians and businessmen as more revelations are uncovered. Tuesday, Commerce Secretary Howard…
Japan tech groups criticize new App Store payment rules
Following a recent change to multiple App Store rules in Japan, a coalition representing more than 600 local companies is calling for further regulatory action. Here are the details. Last December, Apple announced a series of changes to app…
Illinois city hands out $25K cash payments to 44 Black residents through reparations program
Evanston, Illinois will issue $25,000 to 44 residents in reparations payments, the City's Reparations Committee has announced. Established in 2019 and approved by the City Council in 2021, the program issues $25,000 direct cash payments to Black…
Instant payment system Pix poised to capture half of Brazil's e-commerce market by 2028
BRASILIA, Feb 10 (Reuters) - Brazil's instant-payment system Pix is likely to account for half the nation's e-commerce transactions by 2028, widening its lead over credit cards, according to a new study. The forecast, from payments firm…
First-gen California homebuyers can soon apply for $150,000 down payment loans
Getting your Trinity Audio player ready... California will focus again on first-generation homebuyers later this month during its roughly $200 million rollout of the down payment assistance program known as Dream for All. From Feb. 24 to March 16…
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February 2026 payment dates for benefits and pensions plus cost of living support
The year has got off to a biting start, with sub-zero temperatures and stormy conditions forcing millions to stay indoors and turn the heating up. An increase in energy bills combined with the post-Christmas financial slump means the first weeks of…
Universal Credit alert as thousands have payment slashed by £200
Universal Credit payments are changing for certain groups Payments could fall with thousands of Universal Credit users to see their money cut by over £200 from April. The health element of Universal Credit will be cut from £429.80 to…
Thousands of people on Universal Credit to see payments slashed in big shake up
THOUSANDS of Universal Credit claimants will see their payments slashed by more than £200 a month from April. The Government has announced it will slash the health element of Universal Credit for new claimants from £429.80 a month to…
Tensions flare at cannabis agency meeting over fine payments
The internal strife at the Cannabis Control Commission was on full display Tuesday as the chairwoman and another commissioner called the agency's executive director to the carpet over his handling of the punishment that commissioners doled out to a…
Pensioners could increase DWP payments by £146 a month - what you need to know
If your circumstances alter, the amount you receive may increase or decrease Certain pensioners across the UK have the opportunity to boost their monthly income from the Department for Work and Pensions (DWP) by nearly £150. The money could…
DWP confirms major Universal Credit payment change is coming in April
Welfare reforms designed to 'rebalance the benefits system' and support more people into work have moved forward after Universal Credit legislation was laid in Parliament. It comes after the UK Government said the system, inherited from the…
Visa helps merchants accept card payments through iPhones
Key insights: Visa released a software development kit designed to make it easier for merchants to adopt Apple's Tap to Pay technology, which enables iPhones to accept payments without added hardware. What's at stake: Merchants are looking to…
Is the Check Disappearing? Exploring the Decline of a Traditional Payment Method in Germany and the United States
As digital payment platforms continue to dominate the financial landscape, traditional methods like personal checks are rapidly losing ground. In both Germany and the United States, once-ubiquitous paper checks are seeing a marked decline…
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