Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hospitals push for upfront payments as patient deductibles and out-of-pocket costs rise
Thomas Zordani flew from his home in Denver to Phoenix for a consultation with a Mayo Clinic neurosurgeon, hoping to find out what could be done to treat his debilitating headaches after worrisome brain scan findings. When making the appointment…
Apple Removes Yandex's Payment Service App
Major Russian digital wallet and payment service Yandex Pay said Wednesday that its application had been removed from Apple's App Store. The removal means iPhone users in Russia can no longer download or update Yandex Pay. The app allows users to…
Visa and Mastercard Have Both Reported. Which Payments Giant Is the Best Buy Now?
When it comes to global commerce, few businesses are more significant than Visa (V +0.60%) and Mastercard (MA -0.31%). Their scale is unmatched. Each company counts billions of cards in use around the world. They process trillions of dollars in…
£175 on wine and £1k on flights and hotels - Ealing Council card payments
Ealing Council used a work payment card for a £175 bill at Majestic Wine, however the local authority insists it has been paid back. In data obtained by the Local Democracy Reporting Service (LDRS) via a Freedom of Information request, a…
Andy Burnham confirms fresh cost of living payments for Yorkshire homes
Around 100,000 households will receive Cost of Living payments from the start of next year under Andy Burnham. Under the Labour government led by the Prime Minister, homes situated within 500 metres of energy pylons and infrastructure will be…
How to Accept Stablecoin Payments as a Business
Latest findings show that 88% of enterprises say they will adopt stablecoin payments within twelve months, and that 42% already have. So the window where stablecoin settlement was a competitive advantage is closing fast. In fact, it's becoming more…
Sassa announces September 2026 payment dates for social grants
Sassa has announced payment dates for September. The South African Social Security Agency (Sassa) has announced the payment dates of grants for September. Disbursements set to begin in the first week of the month. September 2026 payment schedule:…
Pensioners born before this date due heating payment of up to £316 this year
Pensioners born before a specific date could receive a heating payment worth up to £316.70 later this year. Social Security Scotland has confirmed people must have reached State Pension age by the end of the qualifying week for the 2026/27…
Why Canadian payments platform Moneris is being sold to U.S. private equity - National
Canadian commercial solutions and payment processing platform Moneris will soon have a new owner in an American private equity firm. Moneris, one of Canada's largest commerce solutions providers, is jointly owned by the Bank of Montreal and the…
DWP confirms full list of 70 conditions that qualify for £778.40 monthly payment
Neurological disease accounts for 9% PIP assessments, according to the latest DWP figures The Department for Work and Pensions has revealed the scale of Personal Independence Payment claims linked to neurological disease, with people who meet the…
New calls to increase State Pension payments to £610 a week for people over 60
More than 7,700 people have signed an online petition calling on the UK Government to increase State Pension payments to £610 a week for every person over the age of 60, including Brits living abroad in retirement. Petition creator Denver…
Andy Burnham urged to make payments to households earning under £30,000
Andy Burnham is facing calls to deliver additional Cost of Living payments to households earning below £30,000. The Labour Prime Minister is coming under pressure from The Resolution Foundation to take action regarding energy bills. In its…
ABRDN ASIA-PACIFIC INCOME FUND VCC ANNOUNCES PAYMENT DETAILS OF INCREASED MONTHLY DISTRIBUTION
TORONTO, Aug. 11, 2026 /CNW/ -- abrdn Asia-Pacific Income Fund VCC (TSX: FAP) (UEN: T21VC0235H) (the 'Company'), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD…
People on PIP most likely to receive payments of up to £778 a month
The latest figures from the Department for Work and Pensions (DWP) show nearly 1.9million people have been on Personal Independence Payment (PIP) for five years or longer. The latest official statistics show there were just over 4m claiming PIP in…
Andy Burnham confirms new six-monthly cost of living payments
Six-monthly Cost of Living payments have been confirmed by new Labour Party government Prime Minister Andy Burnham. The Government has unveiled the first wave of new pylons and grid infrastructure located in areas where households will be eligible…
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