Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Setka hit with new court action over 'secret' payments
Former CFMEU boss John Setka and other senior Victorian officials are facing allegations they concealed hundreds of thousands of dollars in members' money that was paid to prop up the allegedly corrupt former chief of the Health Workers Union. Fair…
Am I getting an energy bill rebate check? New York POWER payments, timeline, and eligibility explained
Next week, a large percentage of New York State's roughly 20 million residents will begin receiving a one-time check worth up to $200. The payment aims to provide relief to cash-strapped New Yorkers who are increasingly dealing with higher living…
SBI Group backs payments firm dtcpay in $25 million funding round
Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan's SBI Group. The Singapore-licensed company provides digital-asset conversion, custody and Visa-linked card services, with…
BharatPe's Stance On UPI MDR: Why The Fintech Firm Supports New Payment Framework
Fintech giant BharatPe has officially endorsed India's new UPI MDR framework, which introduces a 0.4% fee on larger merchant transactions, while clarifying its separation from former co-founder Ashneer Grover's opposing views. BharatPe supports the…
Outstanding' UK bank account 'increases free cash payment to £210
A bank account has been rated 'outstanding' after increasing its offer to customers to £210. It was among a number of financial products highlighted by experts in Moneyfactscompare.co.uk's latest Pick of the Week selection, published on…
Child Benefit payment delays for some parents in Scotland next week
Child Benefit payments could be delayed for some families in three parts of Scotland due to upcoming local public holidays. HM Revenue and Customs (HMRC) has issued guidance for people living in Edinburgh, Glasgow and Dundee who are due to receive…
Exact number of PIP points needed for £778 a month payment
The latest data from the Department for Work and Pensions (DWP) reveals there are now more than 4.1 million adults across England and Wales receiving Personal Independence Payment (PIP). Those claiming PIP undergo assessment through a points-based…
Payment Giant Visa Is Doubling Down on Stablecoins. Here's What Crypto Investors Need to Know.
Back in 2021, banks treated crypto like radioactive waste. Fast forward to 2026, and financial giant Visa (V -0.27%) isn't just dipping a toe in -- it's basically cannonballing into the deep end of the stablecoin pool. Here's what Visa has done…
SBB Stops Accepting Cash Payments at Numerous Vending Machines
Anyone who wants to pay for their ticket in cash at a ticket machine may currently find the ticket window closed at many locations. SBB has disabled the cash payment function on several machines due to an increase in break-ins and vandalism. SBB…
Chainlink Connects 600+ Banks to Onchain Payments
Bottomline, a top-three Swift service provider moving more than $16 trillion in payments annually, has launched Global Pay Connect, a new onchain payment connectivity platform for 600+ banks powered by Chainlink. The move gives financial…
State pensioners born before this year to get automatic HMRC £300 payment in bank accounts
State pensioners born before this year to get automatic HMRC £300 payment State pensioners born before 1960 could get an automatic HMRC payment up to £300 in their bank accounts this winter. The annual tax-free payment helps older…
People on Basic State Pension could be due extra DWP payment
The latest statistics from the Department for Work and Pensions (DWP) show the State Pension currently provides a regular financial income for over 13million older people across the country, including more than one million retirees living in…
Petrol pumps in Mumbai threaten to stop UPI payments over revised MDR
Petrol pumps across Mumbai may discontinue UPI payments from October 15 if the Centre does not exempt fuel retailers from the revised merchant discount rate (MDR) on UPI transactions above Rs 2,000. The Petrol Dealers Association of Mumbai on…
Andy Burnham bumper £687 payments for Universal Credit households
Details of bumper Universal Credit payments have been revealed. Millions of households will be getting more cash as part of annual increases under Andy Burnham's government. Latest inflation figures for September have shown how much benefit…
Bottomline Debuts SaaS Platform to Improve Payment Messaging
Global Pay Connect is aimed at helping “financial institutions extend their payments infrastructure beyond traditional connectivity through API-enabled services and third-party data integration,” per the release. “Financial…
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