Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Millions on Universal Credit urged to make check to avoid missing out on payment
MILLIONS of people on Universal Credit need to do a key check to avoid missing out on an extra benefit payment. The Christmas bonus is a one-off £10 payment that normally lands in bank accounts during the first full week of December. Your…
Saks Group reportedly preparing to file bankruptcy after missing debt payment
John Greim | Lightrocket | Getty Images Saks Global is preparing to file for bankruptcy in the coming weeks after missing a debt payment tied to its Neiman Marcus acquisition, The Wall Street Journal reported on Wednesday, citing people familiar…
Argentina is still $2.4B short on January bond payments - report (ARGT:NYSEARCA)
Follow us on Google for the latest stock news Even after Argentina increased efforts to build up its dollar holdings, the country has only $1.9B available as a deadline to make a $4.3B bond payment looms. The country's economy minister has options…
Saks Getting Ready for Bankruptcy After Missing Debt Payment
Saks Global is preparing shortly to file for bankruptcy after missing a debt payment related to its Neiman Marcus acquisition, according to the Wall Street Journal. The Journal noted that the high-end department store Saks Fifth Avenue did not make…
Exact date you should receive one DWP payment by - and what to do if you don't
Are you eligible for the DWP payment? A one-time payment from the Department for Work and Pensions (DWP) is set to be distributed before the New Year to certain qualifying Brits. If you think you are eligible but have not received it by January 1…
Prominent Jewish civil rights group demands Amazon block payments tied to UN official's anti-Israel book
A prominent Jewish civil rights group has warned Amazon that selling a forthcoming book by a US-sanctioned United Nations official could violate federal sanctions law, and has urged the company to halt related transactions. Mark Goldfeder, head of…
FAA ramps up billions in spending as 'down payment' for air traffic overhaul
The Federal Aviation Administration has been working to update its aging air traffic control system, literally, for decades now. But 2026 is looking to be a big year on the FAA modernization front. The One Big Beautiful Bill Congress passed earlier…
CRA says its owed more than $10B in COVID benefit payments - National
The Canada Revenue Agency says it's owed $10.35 billion in COVID-19 benefits. Nina Ioussoupova, a spokesperson for the agency, says that as of Nov. 30, it had disbursed $83.5 billion in COVID benefits to Canadians, including $45.3 billion for the…
Wallets Become the Default Front Door to Global Payments
At the start of the year, wallets were still widely framed as payment tools — a faster way to check out online or tap a phone in-store. By year's end, PYMNTS reporting showed something more consequential taking shape: wallets becoming the…
DWP benefits 2026 Universal Credit updates and Winter Fuel Payment repayments
The Department for Work and Pensions (DWP) has unveiled significant alterations to benefits and the State Pension set to occur in the New Year. Millions of benefit recipients could witness a change in their payments in 2026 as the Government gears…
DWP triggers Cold Weather Payments for 18 regions
The DWP has activated the first Cold Weather Payments of the season for residents across 18 postcode districts in England. Qualifying households in these areas, all situated in the northern regions, will pocket an additional £25 to help cover…
Ripple-Mastercard Pilot Taps XRP Ledger for Card Payments-Why a $20 Trillion Market Is in Focus
Credit card payments move trillions of dollars every year, yet the way those transactions settle has barely changed in decades. A December 2025 report from Amplify ETFs highlights a shift that could change that. Since November 6, 2025, Ripple and…
From Starship V3 To IPO: What Elon Musk's SpaceX Is Targeting In 2026 - Shift4 Payments (NYSE:FOUR), Alphabet (NASDAQ:GOOG)
Billionaire Elon Musk -led commercial space flight giant SpaceX, with the successful launch tests of the Starship rocket, as well as the company's headquarters in Texas, Starbase, being officially incorporated into a city, has had an interesting…
CBN posts $4.6b balance of payment surplus, PMI hits 57.6 points - The Nation Newspaper
Nigeria recorded a strong external sector rebound in the third quarter (Q3) of 2025, posting an overall balance of payments surplus of $4.60 billion. This is a sharp shift from the deficit position in the preceding quarter according to data…
10 executives shared their 2026 AI predictions with us
John Stecher oversees Blackstone's technology and various parts of the investment business. He shared three major AI predictions with Business Insider for the new year. His first is that there will be an 'acceleration' of enterprise AI adoption. He…
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