Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Remitly Is Disrupting Cross-Border Payments. Is the Stock a Long-Term Winner?
If you've ever wired money overseas, you know it's not nearly as easy as using fintech platforms like Zelle or PayPal 's (PYPL 3.32%) Venmo within the U.S. Indeed, moving money beyond the United States' border can be surprisingly complicated and…
Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has…
Exact number of points new PIP claimants need for payment of £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). People claiming PIP are assessed using a points-based system that…
New and Basic weekly State Pension payment rates for people retiring this year
Millions of pensioners across Great Britain are now receiving higher State Pension payments due to the annual uprating. The 2026 payment rates for the New and Basic State Pension will remain in place until April, 2027. People due to retire this…
State pensioners under 77 handed bumper £1,930 Wednesday payments in July
State pensioners under 76 will get double payments in June on Mondays Some lucky younger state pensioners will have a bumper June with two DWP state pension payments totalling up to £1,930.40. Those who hit state pension age after April 2016…
UK households urged to check energy bills now for £212 over payment
Most households on fixed Direct Debit pay the same amount every month, even though they use far more energy in winter than in spring or summer. That means accounts often move into credit during warmer months and fall back down when heating use…
DWP confirms some ESA claimants will not lose payments when benefit ends in July
Some vulnerable Employment and Support Allowance (ESA) claimants will not lose their benefit payments when the legacy benefit closes on July 1, the Department for Work and Pensions (DWP) has confirmed. The reassurance applies to people who need a…
Wire Payments Become Data Platforms as Banks Modernize
According to a new PYMNTS Intelligence and Volante report, financial institutions are confronting a fundamental shift in what clients, regulators and markets expect from wire payments. High-value systems such as Fedwire and CHIPS are no longer…
How a Proposed $2,000 Payment Could Affect Social Security Benefits
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read…
TS POLYCET 2026 Phase 1 seat allotment out at tgpolycet.nic.in; Fee payment due by June 9
2 min read New Delhi Make us preferred source on Google The Department of Technical Education (DTE) has announced the results of the Phase 1 seat allotment for the Telangana Polytechnic Common Entrance Test (TS POLYCET) 2026 counselling session.
£200 summer cost-of-living payments for households not on benefits
A new cost-of-living fund is issuing payments worth hundreds of pounds to struggling households. And people don't need to be receiving benefits to get cash. Households can apply for cash payments from the Government's Crisis and Resilience Fund…
Mastercard Teams With Backbase to Speed Cross-Border Payments
This collaboration, announced Monday (June 8), is designed to help financial institutions adopt near real-time cross-border payments. “The Backbase ecosystem extends the AI-native banking OS with best-of-breed capabilities across payments…
Nationwide paying £100 Fairer Share Payments from Wednesday
Nationwide will start paying popular Fairer Share payments into millions of bank accounts from Wednesday, June 10. The free £100 payments are returning for the fourth consecutive year, with around four million members to get the bonus. Money…
Company ordered to make $2m payment
A farming company, overseen by a man who has business ventures across multiple sectors, all around the world, has been ordered to make a $2 million-plus payment after a stock food deal went sour. The Court of Appeal released its findings late last…
DWP confirms automatic bonus payments for state pensioners on 11 benefits
State pensioners are being handed automatic £300 payments from the Department for Work and Pensions (DWP). The DWP has confirmed that pensioners who are eligible for the Winter Fuel Payment will receive between £100 and £300 in…
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