Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK Government Borrowing Rose in April as Interest Payments Jump -- Update
In the fiscal year that ended in early April, the government reduced the gap between spending and revenues to its narrowest since the outbreak of the Covid-19 pandemic, and plans to further cut its budget deficit over coming years. However, that is…
Global Payments Inc. stock outperforms competitors on strong trading day
Shares of Global Payments Inc. GPN rallied 2.56% to $72.59 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.17% to 7,445.72 and the Dow Jones Industrial Average DJIA rising…
Fed proposes limited payment accounts for fintechs, others
The US Federal Reserve proposed Wednesday adopting a new, more limited form of a payment account that would allow firms like fintechs to move money across the Fed's payment rails without enjoying all the backstops available to traditional banks.
Who is eligible for Nationwide's fairer share payment - and how much will people get?
Millions of Nationwide customers are set to receive a £100 payment as part of the building society's Fairer Share scheme, which has distributed approximately £1.5 billion to members since its inception in 2023. The latest £100…
DWP to send £739.60 payments into UK bank accounts next week
While the date changes, the amount remains the same Some UK pensioners will see their state pension land in their bank accounts earlier than expected today, as the Department for Work and Pensions (DWP) adjusts payment schedules ahead of the…
Who needs to make quarterly estimated tax payments?
For many people, taxes come due just once a year. But for others, it is necessary to make payments every quarter alongside the requisite filing due April 15. Known as quarterly estimated tax payments, these are “taxes paid to the IRS…
Federal Reserve wrestles over payments access
Washington, D.C., is locked in a battle over how to integrate crypto and fintech firms into the regulated financial system. Now the Federal Reserve is confronting a similar question: Who gets access to its payment infrastructure, and on what terms?
DWP full list of 71 neurological conditions that qualify for £114 weekly payment
The Department for Work and Pensions (DWP) has confirmed the full list of 71 neurological conditions that qualify for £114 weekly payment of Personal Independence Payment (PIP). PIP is a disability benefit paid to those with long-term…
People on Attendance Allowance may be able to increase payments by £151
Pension Credit – Could you or someone you know be eligible? The latest figures from the Department for Work and Pensions (DWP) show that at the end of August 2025, more than 1.7 million people across England and Wales are receiving…
XRP Ledger Adds 500,000 Payments in 24 Hours
After months of weak price movement and dwindling market interest, XRP is beginning to show signs of life again after the institutional outflow. The XRP Ledger's on-chain activity has abruptly increased, sparking rumors that bigger market players…
Exclusive: Saudi Arabia freezes consultancy payments
Saudi Arabia has ordered government entities to freeze payments to strategy advisers, management consultants, and law firms, as it weighs the economic impact of the Iran war, according to people familiar with the matter. The instruction applies to…
Some Nationwide Fairer Share payments to be worth less than £100
Nationwide is the world's largest building society Nationwide has confirmed that millions of its members are set to receive a free cash payment next month, though while it will be worth £100 for many, others may receive a lesser sum. The…
Universal Credit change means families can get extra payments for every child
Families claiming Universal Credit will receive higher payments this year after a major rule change last month brought an end to the long-standing two-child limit. The restriction on claiming support for more than two children was removed on April…
DWP £1,000 payment alert for people with common health condition
Many people with a common health condition may be losing out on DWP benefit payments worth thousands of pounds. Experts are concerned that numerous people believe they don't qualify as they don't full understand the DWP rules. Specialists at life…
WAG Payment Share Price Solutions Rises 2.75% as Fleet Fintech Platform Gains Momentum
WAG Payment Solutions plc (LSE: EWG) closed Thursday at 112p, up 2.75%, as investors showed appetite for the European fleet payment and fuel card business after a period of consolidation. The company provides payment, tolling, and financial…
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