Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
JPMorgan and Citi Square Off on the Next Payments Frontier
JPMorgan Chase & Co. and Citigroup Inc. have long competed for dominance in global payments, processing trillions of dollars worth of flows from corporates moving money across borders. That rivalry is now extending to new payment rails. As digital…
Nxera Pharma to Receive US$10 Million Milestone Payment from AbbVie under Collaboration Targeting Neurological Diseases
This marks the third milestone achieved under the collaboration and reflects the steady progress of the pipeline Under the terms of the agreement, Nxera is eligible to receive up to US$1.2 billion in potential option, development and commercial…
Millions more people set to be eligible for £100 Nationwide Fairer Share payment
MILLIONS more people are set to be eligible for Nationwide's Fairer Share payment, worth £100. Around 6.3million Virgin Money customers became members of the building society when the business officially transferred to Nationwide earlier this…
Mastercard Moves to Settle Card Payments Using Stablecoins
Mastercard is integrating stablecoins into its payment infrastructure to modernize the back-end settlement process, allowing banks and issuers to settle card transactions using regulated digital dollars such as SoFiUSD. The partnership with SoFi…
Morally indefensible' - Widows start the fight to change bereavement payments
Widowed parents want the government to change bereavement payments - and here's why. Earlier this week, the Local Democracy Reporting Service (LDRS) shared the stories of widowed West Yorkshire mums Holly O'Connor and Caroline Booth. Holly, who is…
DWP state pensioners set for £170 boost amid calls to raise benefit payment
The Department for Work and Pensions has been urged to provide all state pensioners with a one-off payment of £180. A petition is demanding that the DWP increase the Christmas Bonus, which has remained frozen for years and decades, reports…
Bybit Pay Expands Into Europe, Building a Trusted Layer Between Crypto and Everyday Payments
VIENNA, April 20, 2026 /CNW/ -- Bybit EU, the Vienna-headquartered crypto-asset service provider authorized under the EU Markets in Crypto-Assets Regulation (MiCAR), announced the expansion of Bybit Pay into Europe, marking an important step in the…
Older people most likely to get long-term Attendance Allowance payments
The latest figures from the Department for Work and Pensions (DWP) show at the end of August 2025, over 1.7 million older people were receiving additional financial support through Attendance Allowance. Similar data from Social Security Scotland…
JPMorgan Chase and Citigroup Vie to Capture Tokenized Payment Rails
A report Monday (April 20) from Bloomberg News examines the diverging strategies of the two banking giants, getting insights from a pair of their executives: Umar Farooq, global co-head of JPMorgan Payments, and Shahmir Khaliq, global head of…
Instant Payments Grow but the Real Barrier Is Human
Across survey waves from July 2024 to November 2025, the share of recipients choosing instant rose as access expanded, while the share opting out stayed relatively small and stable. That matters because it suggests that demand is already there. The…
Analysts Positive On Mastercard's (MA) Future Prospects
Mastercard Inc (NYSE: MA) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. On April 10, Bank of America Securities' analyst Matthew O'Neill maintained his Buy rating on the Mastercard Inc (NYSE:MA) stock. Alongside the…
Payments Modernization Is Insurance's Next Big Margin Engine
Insurance carriers are under pressure and operating on the edge. With margins often hovering between 1% and 2%, even small inefficiencies can erase profitability. One of the biggest and most overlooked drivers of margin compression sits inside the…
The Real AI Edge in Payments Comes From Better Judgment
Artificial intelligence is already embedded in how payments companies operate. At Maverick Payments, we are intentional and not reactive when strategically implementing AI to handle repetitive and mundane decisioning to streamline non-complex…
DWP announces 6.2% payment increase - but state pensioners won't get it
The Department for Work and Pensions is hiking Universal Credit payments by a huge 6.2 per cent - but the state pension will only rise by 4.8 per cent in 2026. From 6 April, the Universal Credit standard allowance increased by 6.2 per cent…
DWP major announcement over scrapping Employment and Support Allowance payments
The DWP has sent an important update to households who claim Employment and Support Allowance (ESA). ESA is among so-called legacy benefits set to be scrapped as part of a major overhaul to welfare. Before this happens, claimants will have to sign…
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