Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
DWP £2,100 alert over state pension payments
The DWP has released an update regarding additional payments being made to pensioners. The Government issued a statement after a question from an MP. DUP MP Jim Shannon raised an issue with Labour ministers in a written parliamentary question…
India Acknowledges Iranian Oil Purchases, Dismisses Payment Woes
India is buying crude from Iran among other countries in order to navigate the current energy crisis, the country's oil ministry said, denying payment hurdles were impeding those purchases. The statement is a rare public recognition of energy ties…
DWP update over £2,100 extra payments into pensioner bank accounts
Pensioners can get several means of Government support The DWP has issued an update about some extra payments going out to pensioners. A minister issued a statement after a question from an MP. DUP MP Jim Shannon asked Labour ministers what steps…
Payment issue? Govt reacts after Iranian oil tanker diverts from India to China
India dismisses reports of payment problems affecting Iranian crude oil imports, affirming that its refiners can source oil from diverse global suppliers and that rerouting of tankers is standard industry practice. India denies payment hurdles for…
Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to 'payment issues': Govt
Indian refiners are buying crude from Iran as part of their efforts to secure oil supplies amid the disruption in energy flows due to the West Asia war and there are no payment-related hurdles in paying for Iranian oil, the government said…
Borrower Flees Country Over $60 Monthly Loan Payment-NYT Story Draws Backlash
The New York Times defended a student loan borrower who fled the nation over a $60 monthly loan payment. The New York Times interviewed several people who borrowed thousands of dollars in student loans backed by taxpayers or left college with debt.
Samsung owner family to complete W12tr inheritance tax payments this month
The owner family of Samsung Group is set to complete the payment of roughly 12 trillion won ($8 billion) in inheritance taxes on assets left by the late Chairman Lee Kun-hee later this month, industry sources said Sunday. The payments, scheduled…
Families must 'check the box' for $1k bank payment as April tax deadline looms
FAMILIES still have time to score $1,000 in a savings account for their children before the April 15 tax deadline. Children born between January 1, 2025, and December 31, 2028, are eligible for a $1,000 deposit in the account from the federal…
India Buying Iranian Oil, No Payment Issues: Government Clarifies | Dynamite News
The Indian government denied reports of payment issues in Iranian crude imports, confirming that refiners are purchasing oil from Iran. It said tanker route changes are normal in global trade and assured that India's oil supply remains fully…
Petroleum Ministry Refutes Crude Cargo Diversion To China Due To Payment Issues
New Delhi: The Petroleum Ministry on Saturday refuted the reports alleging that an Iranian crude cargo heading to India was diverted to China due to 'payment issues'. In an X post, the Petroleum Ministry stated that India has faced no payment…
New data shows Maine has yet to spend nearly two-thirds of its opioid settlement funds four years after payments began
MAINE, USA — Maine has spent just over a third of the opioid settlement funds it has received during the past four years, according to new data released this week by the Maine Opioid Settlement Support Center at the University of Southern…
Telegram's Durov says Russia triggered payment system problem by blocking VPNs
Telegram founder Pavel Durov said on Saturday Russia's attempt to block Virtual Private Networks triggered a problem with a domestic payment system, adding that tens of millions of…
India buys oil from Iran for first time in 7 years with no payment issues
Indian refiners have purchased Iranian oil amid the West Asia conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday. The world's third-biggest oil importer and consumer, India…
Housing market trends favor home shoppers, but Iran war clouds the outlook for mortgage rates
The economic fallout from the war with Iran is driving up the cost of buying a home, even as other housing market trends in many parts of the country favor home shoppers this spring. Mortgage rates have been rising since the war began, as surging…
Housing market trends favor home shoppers, but Iran war clouds the outlook for mortgage rates
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