Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
£700 payments decision for drivers confirmed for Monday
Millions of drivers in line for an average payout of £700 will get final details on Monday. It relates to those who were mis-sold car loans and are set to discover how they'll be reimbursed, as the finance regulator unveils its final…
When are April 2026 SSI payments coming?
Millions of Americans will be getting their next round of Supplemental Security Income (SSI) in April. But when will the payments come in? SSI is a federal assistance program administered by the Social Security Administration (SSA) that provides…
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FiatPe joins Mumbai Indians as official payments partner
Mumbai Indians have partnered with FiatPe as their official payments partner. The association will see FiatPe enable digital payment acceptance across matchday environments, including food and beverage counters and merchandise outlets. The…
RBI Payments Vision 2028: Electronic Cheques, Enhanced Security, and E-commerce Regulation
The Reserve Bank of India's Payments Vision 2028 aims to revolutionise the digital payments landscape with electronic cheques, enhanced security measures, and expanded regulations for e-commerce, ensuring a safer and more efficient financial…
Thousands call for DWP to increase bonus payments
More than 4,800 people have signed an online petition calling on the UK Government to adjust a yearly £10 bonus payment in accordance with inflation. The non-taxable £10 bonus has been distributed to millions of State Pension or…
Social Security change capping benefits payments at $50,000 a year: Experts' solution to the SSA going broke in 7 years
With Social Security on track to go broke in less than seven years, a new report from the Committee for a Responsible Federal Budget (CRFB) is proposing a solution: Cap Social Security payouts to $100,000 a year for couples, as part of an overall…
Almost 900K American households are late on mortgage payments, report says - National
Hundreds of thousands of American households are behind on their monthly home loan payments, facing the risk of mortgage delinquency or foreclosure at the highest rate since June 2022, a new report has found. Around 878,000 American households were…
New Stablecoin on XRP Ledger? Ripple Exec Shares Payment Update
Ripple Labs might be rolling out a new payment infrastructure as it has carried out a small experimental stablecoin payment on the XRP Ledger (XRPL). As highlighted by a Ripple executive, Luke Judges, a real-time payment delivery (RPD) was…
RBI's 'Payments Vision 2028' envisages a switch-on/off facility across digital payment modes, electronic cheques
The Reserve Bank of India (RBI) on Friday released its ‘Payments Vision 2028', which envisages a switch-on/switch- off facility across all digital payment modes, introducing a Payments Switching Service (PaSS), a Shared Responsibility…
Coinbase brings token-backed down payments to housing market
Coinbase is teaming up with Better Home & Finance to let homebuyers pledge their crypto holdings as collateral for down payments, marking one of the most ambitious attempts yet to adapt digital assets for mainstream needs. A prospective homeowner…
How Better Payments Became a Winning Move in Gaming
Seven years ago, as states like New Jersey began legalizing digital wagering, operators faced a paradox: consumer demand was surging, but the financial infrastructure needed to support it was fragmented, unreliable and often hostile. “Debit…
Millions of drivers to get £700 payments decision on Monday
Millions of motorists who were mis-sold a car loan will find out how they will be compensated, as the finance watchdog shares its final plans for an industry-wide scheme. Final decisions on the long-awaited programme will be published by the…
DWP told to increase payment by £160 for all claimants
A petition to increase a Department for Work and Pensions (DWP) payment by £160 for ALL claimants has hit THOUSANDS of signatures. The DWP is under pressure to hike the Christmas Bonus. The Christmas Bonus is a paltry £10 as it stands.
Payroll Is Secret Sauce for Scaling Instant Payment Adoption
And it's against this backdrop that the PYMNTS Intelligence report “ Beyond Speed: The Case for Instant Payout Adoption and Stickiness,” a collaboration with Ingo Payments, found that once employees experience instant payouts, they…
Mastercard Explores Divestiture of Nets Real-Time Payments Unit
The 2019 acquisition for approximately $3.2 billion was Mastercard's largest at the time, aimed at enhancing its account-to-account and instant payment capabilities, particularly within the Nordic region and broader Europe. The deal encompassed…
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