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 explains Winter Fuel Payment rules
Pensioners across England and Wales have the option to decline the Winter Fuel Payment for 2026/27, a decision that could help some dodge a tax bill or future adjustment. Following rules brought in last year, the annual heating allowance is now…
India Banking Regulator Cancels Paytm Payments Bank License
India's banking regulator has canceled the license of Paytm Payments Bank Ltd, more than two years after restricting its core business activities, citing violations of rules, and effectively rendering it defunct. Paytm, which was once backed by…
RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank, citing concerns over the bank's management and conduct being detrimental to depositors and public interest, leading to its prohibition from all banking activities.
RBI Cancels Paytm Payments Bank Licence with Immediate Effect | Dynamite News
Post Published By: Karan Sharma Updated: 24 April 2026, 8:29 PM IST New Delhi: The Reserve Bank of India (RBI) has cancelled the banking license of Paytm Payments Bank. This decision came into effect at the close of business on April 24, 2026.
RBI cancels Paytm Payments Bank licence
The Reserve Bank of India said Friday that it has cancelled the banking licence issued to Paytm Payments Bank Limited, over two years after it imposed business curbs over violations. While the bank remains operational, its…
DWP Winter Fuel Payment: Pensioners over £35,000 urged to act
Pensioners in England and Wales are able to opt out of the Winter Fuel Payment for 2026/27, a move that could help certain recipients avoid a tax bill or adjustment further down the line. Under rules introduced last year, the annual heating payment…
Beyond the Transaction: Optimizing Your Payment Gateway for Global E-commerce Success
In today's hyper-connected digital economy, a robust and intelligent payment gateway is no longer a mere operational necessity; it's a strategic asset for global e-commerce success. Businesses that treat payment processing as a commodity risk…
Norfolk Southern's profit fell 27% as it didn't collect insurance payments for Ohio derailment
Norfolk Southern railroad's first-quarter profit fell 27% because it didn't collect big insurance payments related to the East Palestine, Ohio, derailment and its planned merger with Union Pacific added to its costs. The Atlanta-based railroad said…
XRP Back at Highest 3-Month Values in Payments Following 1.7 Million Threshold Breakthrough
With daily payments exceeding 1.7 million, XRP Ledger activity has reached one of its highest levels in months. Given the comparatively flat activity observed earlier in the quarter, this type of spike could become a meaningful dynamic change for…
Winter Fuel Payment update for pensioners with income over £35,000 this year
Pensioners in England and Wales can opt out of the Winter Fuel Payment for 2026/27 in a move that could help some avoid a tax bill or adjustment later on. Under rules introduced last year, the annual heating payment is now targeted at those with…
New and Basic State Pension payments can be changed from monthly to weekly
The State Pension is worth up to £241.30 a week during the current financial year and is typically issued by the Department for Work and Pensions (DWP) every four weeks. However, while most older people are happy to receive a regular income…
PIP points system and payment rates for claims worth up to £778 a month
The latest figures from the Department for Work and Pensions (DWP) show there are now more than 3.9 million adults in England and Wales claiming Personal Independence Payment (PIP). Similar data from Social Security Scotland indicates nearly half a…
India Expands E-Rupee Use With Welfare Payments to Farmers and Food Schemes
India launched new e-rupee pilots to distribute welfare payments directly to farmers and food subsidy beneficiaries, aiming to reduce corruption and boost CBDC adoption. The move shifts funds from traditional systems to digital wallets. This…
RBI cancels Paytm Payments Bank licence
The central bank said on Friday it has cancelled the banking licence issued to Paytm Payments Bank Ltd, more than two years after the regulator imposed business curbs over violations, including lapses in…
Adyen Plans Talon.One Buy to Unite Payments and Promotions
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