Payments Industry News

A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

scmp.com - Mia Nurmamat - Payment arrears and 'involution' still slam traditional China industries: survey
Payment arrears and 'involution' still slam traditional China industries: survey
South China Morning Post

Many of China's private firms continue to face tough operating conditions, including intense market competition, persistent payment delays and weak domestic demand, though technology firms have shown stronger momentum, according to fresh survey…

theguardian.com - Anne Davies - Secret tape recordings and 'sham' payments: the Liberals' internal ideological war laid bare
Secret tape recordings and 'sham' payments: the Liberals' internal ideological war laid bare
The Guardian

If you ever thought branch stacking was a harmless game played by young, ambitious political operatives seeking to advance within the party, think again. On Monday, on the first day of the corruption watchdog's inquiry into operation Rosny, an…

newsweek.com - Aliss Higham - Social Security payments of up to $994 will arrive this week-what to know
Social Security payments of up to $994 will arrive this week-what to know
Newsweek

Social Security benefits are paid to millions of Americans each month. This week, Supplemental Security Income (SSI) payments will be made to relevant beneficiaries across the United States. Supplemental Security Income (SSI) is a federal benefit…

cbsnews.com - Angelica  Leicht - Can you have debt forgiven before you miss a payment?
Can you have debt forgiven before you miss a payment?
CBS News

Household budgets have been under increasing amounts of pressure recently as sticky inflation, elevated borrowing costs and record levels of consumer debt squeeze many people's budgets to their limits. That, in turn, is putting many borrowers at…

cnbc.com - Alexa LoMonaco - Jim Cramer says to buy this payments company after its post-earnings pullback
Jim Cramer says to buy this payments company after its post-earnings pullback
CNBC

CNBC's Jim Cramer said American Express' post-earnings sell-off has created a buying opportunity. He said management's decision to reinvest profits rather than ramp up buybacks will create more value for shareholders. CNBC's Jim Cramer said Monday…

globalnews.ca - Dayne Patterson - Alberta out-of-pocket payments for private medical testing beginning this week
Alberta out-of-pocket payments for private medical testing beginning this week
Global News

Beginning Friday, Albertans will be able to pay out-of-pocket to bypass medical referral for diagnostic screening tests like an MRI or an ultrasound. The announcement by Premier Danielle Smith follows up on legislation passed by her United…

globalnews.ca - Johnny James - Musicians say ECMA payments delayed after May awards, some still unpaid
Musicians say ECMA payments delayed after May awards, some still unpaid
Global News

Some artists who performed as part of the East Coast Music Association's annual awards in Sydney, N.S., this year are speaking out over payment issues. Global News has heard from artists who say they had to wait more than two months for payment…

afr.com - Paul Karp - Phone taps and 'sham' payments to Liberals in ICAC bombshell hearing
Phone taps and 'sham' payments to Liberals in ICAC bombshell hearing
Australian Financial Review

Phone taps of developer Jean Nassif boasting of his influence over the former NSW Coalition government and allegations of payments to Liberal operatives to take over the NSW division with Christian conservatives have been aired on an explosive…

express.co.uk - Claire Schofield - DWP confirms early £952 payments for state pensioners in August
DWP confirms early £952 payments for state pensioners in August
Daily Express

Pension Credit will be paid early on Friday, August 28 due to the summer bank holiday The Department for Work and Pensions (DWP) has confirmed early payments of up to £952 for some state pensioners in August due to the summer Bank Holiday.

odt.co.nz - Giles Dexter - Government to consider future of cost of living payment
Government to consider future of cost of living payment
Otago Daily Times Online News

The government may opt to keep its cost of living payment for a little longer, despite one of the triggers to end the payments likely to be met. The deputy prime minister, who argued for the four-week test in the first place, is supportive of…

prweb.com - MagTek - Tabit Unifies Card-Present and eCommerce Transactions, Strengthening Its Payments Foundation with MagTek Hardware and Magensa Unigate Gateway
Tabit Unifies Card-Present and eCommerce Transactions, Strengthening Its Payments Foundation with MagTek Hardware and Magensa Unigate Gateway
PRWeb

As Tabit's footprint grew, the opportunity to simplify became clear: a single, unified partner for both hardware and gateway services would streamline development, speed up certification for new processors, and give the team a clearer picture of…

pymnts.com - PYMNTS - One Inc Says the Best Insurance Payment Is the One Nobody Notices
One Inc Says the Best Insurance Payment Is the One Nobody Notices
PYMNTS.com | Breaking News, Trends and Analysis

For insurers, payments have long served as the moments when policyholders notice the mechanics of the relationship. A premium must be collected. A refund must arrive. Those transactions often define the customer's impression of the carrier. Kishore…

thehindubusinessline.com - PhonePe bets on lending to power growth as payments monetisation remains elusive
PhonePe bets on lending to power growth as payments monetisation remains elusive
BusinessLine

PhonePe is increasingly leaning on its lending business to strengthen its growth narrative ahead of its planned public listing, as monetisation of its dominant UPI payments business remains constrained. The Walmart-backed fintech is now…

birminghammail.co.uk - Richard Guttridge - Andy Burnham confirms £470 payments for state pensioners
Andy Burnham confirms £470 payments for state pensioners
Birmingham Live

Millions of pensioners will see their income rise by up to £470 this year, the Government says. It follows an announcement that over-65s will not have to pay income tax if the state pension is their only source of income. Andy Burnham's…

birminghammail.co.uk - James Rodger - Andy Burnham to attach two conditions to DWP benefits payments in crackdown
Andy Burnham to attach two conditions to DWP benefits payments in crackdown
Birmingham Live

Young people face being stripped of welfare payments unless they do training OR voluntary work under new Labour Party Prime Minister Andy Burnham. Mr Burnham is plotting a crackdown on youth sickness benefits which are paid out by the Department…

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