Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bondholders Agree Payment Pause for Crisis Hit Emerging Markets
Developing countries will be given extra time to meet debt payments when hit by natural or economic disasters under plans drawn up by the UK government and a group of international bondholders. The arrangements, first floated last October, are…
Medicare payments would change under new bill
A new bipartisan bill introduced in Congress would eliminate a key cost‑sharing requirement tied to Medicare's chronic care management services. If passed, lawmakers say this could expand access for seniors with multiple chronic conditions…
Panama Canal Traffic Jam Spurs $4 Million Line-Jumping Payment
Tankers and cargo ships are facing three-and-a-half day delays to enter the Panama Canal as the Iran war sparks a surge in traffic, prompting one vessel to plunk down an extra $4 million to jump to the front of the line. The traffic jam at the…
New Social Security proposal would cap payments for wealthy people now - and many more later on
Here's a new proposal to fix Social Security: Cap future payments at $50,000 annually for a single individual and $100,000 for a couple, no matter how much they paid into the system. This reform idea, put forward by the Committee for a Responsible…
Global Payments Inc. stock underperforms Wednesday when compared to competitors despite daily gains
Shares of Global Payments Inc. GPN advanced 2.29% to $70.17 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.80% to 7,022.95 and the Dow Jones Industrial Average DJIA…
Group warns SSA payment increase for the elderly not enough to keep up with inflation
A group representing senior citizens in the U.S. has warned that this year's adjustments to social security cost of living allowances of the elderly will not be enough to keep up with rising inflation. The Senior Citizens League predicts that the…
[INTERVIEW] Coinbase highlights Korea's potential as Kakao Pay enters its agentic payment alliance
HONG KONG — Coinbase expressed excitement about Kakao Pay's participation in the x402 Foundation, saying the fintech firm's deep penetration in the Korean market could create compelling use cases, particularly in the K-pop economy. Led by…
Top 4 Coinremitter Features for Easy Crypto Payment Integration
Accepting cryptocurrency payments doesn't always mean you need to hire developers or rebuild your whole website, especially when you are using Coinremitter. Whether you're running a SaaS business, planning a token presale, or just accepting…
AI May Run Payments but Humans Still Own the Risk
Artificial intelligence is becoming more deeply embedded in how the payments industry operates. It helps identify fraud patterns, support faster decisions and manage growing volumes of transactions and data. But as AI becomes more involved in…
Average monthly mortgage payment hits new high, topping $2K for first time ever
Outstanding mortgage payments reached a new high at the end of last year when the typical mortgage holder's monthly payment exceeded $2,000 for the first time. While the average monthly payment for new homebuyers crossed the $2,000 threshold in…
Agentic Payments Won't Stay Small for Long, Says World Product Engineer
Paolo explains, “For World, we saw it as a natural next step of what the project was already doing with proof of human. With agents now participating in e-commerce and overall online interactions, the internet needs a way to reason about…
Council Of Music Makers echo calls for PRS to make 'improvements' and be 'fair and transparent' after payment campaign launched
Music Venue Trust launched a new campaign against PRS For Music earlier this week, calling for fairer and more transparent fees as artists and venue owners complained of “crippling bills” and huge “black holes” of…
Payments Alone No Longer Cut It for Small Businesses
Titled “Small Business. Big Advantage,” the series will look at how flexible payment options, modern credit tools and data-driven decisioning can help small- to medium-sized businesses (SMBs) strengthen operations and improve results.
Saikat Chakrabarti has spent $5M running for Congress. That's just a down payment.
Saikat Chakrabarti, a top contender in the race to succeed Rep. Nancy Pelosi for California's 11th congressional district, has more money fueling his campaign than every other candidate combined — most of it from his own wallet.
As Cross-Border Payments Splinter, Firms See Interoperability As Way Out
The scale alone underscores the stakes. The global cross-border payments market has reached $238 billion and is projected to grow steadily, while B2B flows are on track to hit $50 trillion by 2032. Yet beneath that growth lies a system still…
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