Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Martin Lewis £800 payments warning as 'you won't know
Martin Lewis wants people to check their old paperwork or risk missing out on more than £800. He spoke about the widespread issue on his BBC podcast, warning that people won't realise they're entitled to compensation. Millions are believed to…
USPS Halts Pension Payments, Hikes Stamps to Avoid Cash Crisis
The U.S. Postal Service (USPS) is pulling more levers as it attempts to stave off a possible cash crisis, temporarily suspending pension contributions in a move that will free up to $2.5 billion this year. Starting Friday, the beleaguered…
Older state pensioners handed £739.60 state pension payments every 4 weeks
Older state pensioners will get a £440 boost Older state pensioners are being handed a financial boost for the new tax year, with basic rate payments now increasing to a maximum of £739.60 every four weeks, the DWP has confirmed. The…
Why RBI proposes 1-hour delay for digital payments above Rs 10,000
RBI transaction delay proposal: The Reserve Bank of India (RBI) has proposed one-hour delay for digital payments exceeding Rs 10,000 per transaction. In its report, ‘Discussion Paper – Exploring Safeguards in Digital Payments to Curb…
In new tariff cases, Trump asserts 'unreviewable' power to invent a balance-of-payments deficit
Hours after the Supreme Court rejected President Donald Trump's 'emergency' tariffs on February 20, he revealed a backup plan. Instead of relying on the International Emergency Economic Powers Act (IEEPA), which the justices held does not authorize…
Iran Eyes Bitcoin Payments for Strait of Hormuz Oil Transit
Bitcoin is emerging as a potential component in the fragile ceasefire that is taking shape between the United States and Iran after a 39-day conflict disrupted the region and forced the closure of the Strait of Hormuz. Tehran is unlikely to…
Stanley Druckenmiller Says Stablecoins Will Dominate Global Payments Within 15 Years. Are Visa and Mastercard Stock in Trouble?
Stablecoins have made a big splash in payments. The tokens leverage the same blockchain technology as cryptocurrencies, but without the inherent volatility. Stablecoins are often pegged to fiat currencies like the U.S. dollar, meaning they try to…
USPS moves to suspend pension payments amid deepening financial crisis
The United States Postal Service (USPS) has suspended payments to its employees' pension program, amid a mounting liquidity crisis. Postmaster General David Steiner told the House Oversight Committee in March: “At our current rate we will be…
SuperValu, Mr Price and Applegreen get fixed payment notices by consumer watchdog
Cedarglade Ltd, trading as SuperValu on Aston Quay in Dublin, received two notices for failing to display correct prices. Corajio Unlimited Company, trading as Mr Price, was issued six notices for failing to display unit prices on certain products…
3 grocery giants shake up checkout process with new payment change
AT least three grocery giants are updating their checkout processes to offer customers a new way to pay for merchandise. The move from the retailers comes as several make adjustments to checkout areas this year to improve the store experience. Your…
DWP sending automatic bonus payments to state pensioners born before 1960
The Department for Work and Pensions is sending automatic bonus payments to state pensioners born before 1960 this winter. The DWP has confirmed the return of the £300 Winter Fuel Payment. State pensioners will be eligible for this year's…
Martin Lewis explains 'only way to know' if you are due payment
Martin Lewis says people need to check their paperwork or risk missing out on more than £800. He highlighted the issue on his BBC podcast, warning that people will be completely unaware they are affected. Millions of consumers are believed to…
Department of Veterans Affairs streamlines claims process to deliver faster payments to veteran families
CORPUS CHRISTI, Texas — Faster time and quicker payments for veteran families submitting a VA disability claim are now taking place to add those who serve to obtain them. According to the VA, the organization was required to separately…
Congress balks at crypto regulation - adversaries push for market dominance
The United States is currently underperforming in a critical area where it stands to gain or lose the most. Unlike China's e-CNY or Russia's digital ruble, U.S. dollar-backed stablecoins are private, market-driven, and globally portable. They…
Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
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