Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
New push to cut Centrelink payments in Australia
Opposition Leader Sussan Ley will argue reliance on Australia's welfare system has 'swung too far toward dependency,' indicating the coalition will seek to scale back benefits. The push for welfare savings is at the centre of Ms Ley's first major…
Map shows cities most likely to be behind on rent payments
news article Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. ✓ Link copied to clipboard! Rent has skyrocketed across the country in recent years, causing many…
WhatsApp Adds Payments, Calling, AI Tools For Businesses In India
Maintaining its focus on WhatsApp Business, Meta on Tuesday announced more features and tools for businesses to connect with users and drive performance. Arun Srinivas, managing director and country head, Meta in India, said: 'Every day, businesses…
Winter fuel payments fell by 9.3 million before U-turn - BBC News
The number of people who received winter fuel payments plunged to 1.3 million following controversial cuts by the government, new figures have revealed. In previous years, about 11 million people in England, Wales and Scotland received the payment…
Exclusive | Shivam Shah of Piston: The future of B2B payments is invisible, not plastic
For decades, plastic has been the face of payments. Whether in consumer wallets or in the hands of fleet operators and procurement managers, the physical card represented access, trust, and convenience. But as digital transformation reshapes global…
Swiss banks claim first binding payment using public blockchain
Technology (Reuters) -Three Swiss banks, including UBS, have carried out a binding payment using bank deposits and a public blockchain for the first time, the Swiss Bankers Association (SBA) said on Tuesday. The payment was carried out as part of a…
Credit scores fall for the second year in a row as more borrowers miss payments
The national average credit score, which had been steadily increasing for over a decade, fell for the second consecutive year, according to a new report from FICO. Increases in credit card utilization and missed payments, as well as the resumption…
MoData at the confluence of cash and digital: Enabling SA's payments evolution
MoData believes in a future where digital and cash co-exist. South Africa's payments ecosystem is undergoing a profound transformation. At the heart of this shift is the South African Reserve Bank (SARB) and its Payments Ecosystem Modernisation…
'Shocking waste of public money' over WECA exit payments
Spending almost half a million pounds in a single year on exit payments for senior staff at the West of England Combined Authority (WECA) has been branded “a completely shocking waste of public money” by one councillor.
DWP Winter Fuel Payment '3 month rule' which could see payments halved
A three-month rule could see some state pensioners' Winter Fuel Payment halved to only £100. This week, from 15 to 21 September, is crucial for pensioners hoping to secure their Winter Fuel Payment for the upcoming winter. This is because a…
Why Google's New AI Payment Platform Could Change Markets
Google just unveiled its newest contribution to the AI sector, an agent-to-agent payments protocol. This open-source platform will allow AI agents to transact directly without human oversight. Currently, the protocol allows payments in debit and…
Publishers Clearing House, company that promised 'forever' payments to sweepstakes winners, says actually nevermind
For decades, Publishers Clearing House doled out hefty checks on the doorsteps of hopeful consumers across the U.S., including prizes that boasted lifetime payouts. But some of those winners are now facing an end to the “forever”…
Calls for state pension payments to be given to loved ones
A new online petition is pressing the UK Government to overhaul existing inheritance regulations surrounding State Pension entitlements. Currently, only married couples and civil partners are permitted to inherit a deceased partner's State Pension…
Google Embeds Stablecoin Payments into AI Apps in Coinbase Partnership
Google is bringing digital money into artificial intelligence. The company unveiled a protocol that allows AI applications to send and receive payments, including stablecoins pegged to traditional currencies. The move comes in partnership with…
Google Partners with Coinbase for Crypto Payments
Google has launched a new open-source AI payments protocol that supports stablecoins alongside traditional credit card payments. Partnering with Coinbase, Salesforce, and other crypto firms including the Ethereum Foundation, the scheme makes it…
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