Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Nationwide gives update on £100 Fairer Share payments for 2026
A financial expert has responded to fresh figures revealing that increasing numbers of people are changing their banking current accounts in search of better deals. Numerous banks provide incentives to encourage switching. These typically include…
June Social Security payment worth $994 goes out in 29 days
The June 2026 Supplemental Security Income payments, worth up to $994, will be sent to recipients in 29 days. SSI payments are typically issued on the first day of each month. The program supports people with limited income who are blind, age 65 or…
Everything you need to know as Santander gives update on £829 payments
Santander UK's profits have plummeted by 44% in the first quarter after setting aside nearly £180 million for the motor finance mis-selling scandal. The high street lender posted pre-tax profits of £202 million, down from £358…
'Hope' in new Nationwide update on 2026 £100 payments to customers
A financial expert has responded to fresh data revealing that a growing number of people are switching their current accounts in search of a better deal. Many banks are offering attractive incentives to tempt new customers across. These typically…
New Nationwide update on 'hope' of £100 payments to customers
A money expert has reacted to new data that shows more people are switching their banking current accounts to find a better deal. Many banks offer incentives to switch over. These often include free cash in their accounts alongside other bonuses.
Trump administration cautions businesses on payments to Iran in Strait of Hormuz
The United States is warning shipping companies they could face sanctions for making payments to Iran to safely pass through the Strait of Hormuz. The U.S. Office of Foreign Assets Control alert posted Friday adds pressure in the standoff between…
Brazil's central bank bans stablecoin and crypto settlement in cross-border payments
May 2, 2026, 4:56 p.m. 2 min read Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances. BCB Resolution No. 561, published April 30…
State pensioners under 76 handed bumper £1,930.40 Friday payments in May
State pensioners under 76 will get double payments in May on Fridays Some lucky younger state pensioners will have a bumper May with two DWP state pension payments totalling up to £1,930.40 Those who hit state pension age after April 2016 are…
Older state pensioners given £647 extra cash after AP payments boost
Older pensioners will get up to £646.88 extra from AP payments Older state pensioners are being handed up to nearly £647 per year from this April on top of their standard weekly state pension payments, the DWP has confirmed. That's…
Knet new payment page
Yesterday Knet announced they're updating the Knet page. According to Knet “the change is to reflect global advancements in digital payments and to enable the future use of alternative payment methods for various objectives, most notably…
Ex-DWP worker's tips for PIP claimants to protect their payments
The Department for Work and Pensions (DWP) recently confirmed that no alterations will be made to Personal Independence Payment (PIP) until a review of the current eligibility criteria has been finalised. Minister for Social Security and Disability…
US warns shipping firms over Iran 'toll' payments; Gulf bases 'heavily damaged': 10 developments
The move signals Washington's attempt to choke off any alternative revenue streams Tehran may be building amid sanctions and conflict. Iran has effectively transformed parts of the Strait of Hormuz into what US officials describe as a…
Rachel Reeves confirms £200 spring cost-of-living payments in May
New spring cost-of-living payments are being launched by the Government. Grants worth hundreds of pounds will be available for hard-up households struggling to pay their bills. Cash will be distributed to local authorities, who will then target…
HMRC warns UK households with kids £1,406 payments to stop automatically
Parents with kids of a certain age have been warned support payments will stop if they don't take action. HMRC is contacting 1.5 million households over the issue. It relates to parents of 16-to-19-year-olds who claim Child Benefit. Get the latest…
RBI Proposes Payment Delays, Kill Switch To Tackle Digital Fraud
Think of an airport baggage carousel. When the belt is moving fast, you often hesitate — was that your bag or someone else's? It's easy to miss it in the rush. But when the belt slows down, the same bag is much easier to recognise. Details…
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