Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Student loan update: new payments to rise for millions of Americans
A new federal income-driven student loan plan set to start in July 2026 will raise monthly payments for many borrowers, replacing the Biden-era SAVE plan that kept costs lower for low- and middle-income families, according to new policy analysis.
Boston Mayor Wu gets Wentworth Institute to commit to cash PILOT payments after pandemic pause
Getting your Trinity Audio player ready... The Wu administration has brokered a five-year deal with Wentworth Institute of Technology, which will see the tax-exempt Boston nonprofit resume making voluntary PILOT payments in cash after years of not…
Senators call for longer timeline for retroactive Social Security Fairness Act payments
The Social Security Fairness Act was passed with an overwhelming bipartisan majority and signed into law on Jan. 5, 2025, by President Joe Biden. Now, several senators are calling on the Social Security Administration to reconsider what they say is…
Behind on bills? Do this before your next payment is due
When your paycheck suddenly stops — whether from a layoff, furlough, medical emergency or unexpected crisis — your bills don't skip a beat. Autopay keeps running. Rent still comes due. And suddenly, you're sitting at the kitchen table…
ITWeb TV: Cash dominates payments despite digital rise
In this episode of ITWeb TV, Kitso Lemo, associate director at Boston Consulting Group, discusses how technology is reshaping payments in South Africa and the role of fintech innovation in driving financial inclusion. #Fintech #FinancialInclusion…
A Look at the Medicaid Payment Error Rate Measurement (PERM) Program and Upcoming Changes and Impacts
Medicaid is a very complex program that involves millions of enrollees, hundreds of thousands of providers, and significant federal and state expenditures. Both the federal government and states are responsible for ensuring the proper management…
Japanese payments fintech PayPay files US IPO
Key insight: A Japanese payments app is seeking U.S. fintech investor capital through what is estimated to be a $2 billion IPO. Supporting data: Seventy-five percent of Japan's smartphone owners are registered PayPay users. Forward look: PayPay is…
We need a better system for routing international payments in a crisis
RICARDO MAKYN/Getty Images via Bloomberg We live in the golden age of payments. Venmo, Cash App, Zelle, Apple Cash, PayPal, wire transfers, ACH, international transfers — the list goes on. I evaluate these payment systems and other forms of…
Automatic $2,000 payments to hit accounts from $3.5 million 'Hope program'
AMERICANS can still get their hands on an automatic payment worth up to $2,000 from a $3.5 million pot. The money, from a guaranteed income program called the Build HOPE Project, is available to qualifying parents. Your info will be used in…
Amazon customers told new payment method 'leaves buyers vulnerable
A consumer champion has issued a warning regarding Amazon's latest payment feature. Pay by bank represents a novel way to shop online without the need to input card details. This week, Amazon joined a growing list of major retailers offering this…
Exact number of years people need to work to get full new State Pension payments
You have to have made a certain amount of NI contributions to get the full New State Pension Pensioners are being reminded that they need to have made National Insurance (NI) contributions for a certain number of years to receive their full pension…
Mortgage escrow misconceptions persist as payment amounts rise
Borrowers say they are confident in their understanding of mortgage escrow accounts, but misconceptions persist. And rising property taxes and homeowners insurance premiums continue to drive payment increases that many homeowners do not expect.
From UPI to Stablecoins: The next phase of instant global payments
India didn't wake up one morning with instant payments. UPI worked because the problem was brutally clear: fragmented bank apps, delayed settlements, and zero incentive for merchants to go digital. The solution was a disciplined design:…
AvenuesAI Q3 Results: AI payments firm AvenuesAI net profit at ₹71.88 cr, revenue doubles
AvenuesAI, formerly known as Infibeam Avenues, reported a consolidated net profit of ₹71.88 crore in the third quarter of financial year 2025-26 (Q3FY26), a 15 per cent growth from ₹62.4 crore earned in Q3FY25. Sequentially, net…
How to Collect Payments Using the Payment Orchestrator Flow in v4
This guide walks you through the payment orchestrator flow and how to use it to process payments with cards, mobile money, and Unstructured Supplementary Service Data (USSD). The Payment O rchestrator flow lets you collect payments easily using…
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