Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How Sports Bettors Say Gambling Is Impacting Their Financial Health-More Likely To Miss Bill Payments
Online sports bettors spend more, place riskier bets, save less money for the future and are more likely to fall behind on bills than their counterparts who gamble only at casinos or racetracks, a new Urban Institute report released Thursday shows…
Swift Unveils Blockchain System for 24/7 Cross-border Payments
Swift, whose messaging system is used by banks for millions of transactions a day, said a blockchain-based network designed to facilitate round-the-clock money transfers across borders is ready for initial use. The Society for Worldwide Interbank…
What Should You Look for in an Online Payment Platform for Your Business?
This post is brought to you in paid partnership with QuickBooks QuickBooks Payments is usually one of the first names that comes up the moment you search for an online payment platform, right alongside Stripe, Square, PayPal, and half a dozen…
This payments stock is coming back after falling short so far in 2026, Goldman Sachs says
Toast is well positioned to bounce back following its first-half underperformance this year, giving investors the opportunity to buy the stock at cheap valuations, according to Goldman Sachs. The investment bank upgraded the restaurant payments app…
Economist proposes changes to equalization payments to ease provincial tensions
One of Alberta's leading economists says that tying federal equalization payments directly to provincial GDP could help ease regional tensions and ensure equalization dollars are spent more efficiently. Trevor Tombe, an economist at the University…
T-Mobile axes beloved perk, forcing higher payments: 'This company is just greedy'
T-Mobile is hanging up on a popular perk, and customers are calling foul. This month, the phone giant announced it's “retiring” over 1,100 older legacy payment plans — specifically, many from its 3G and 4G eras — and…
Full list of extra benefits for people on devolved disability payments
The latest figures from Social Security Scotland show there are now 504,710 people in receipt of Adult Disability Payment (ADP). The data also shows the average time to process a new claim for ADP is now 62 working days, just over 12 weeks. This…
Costco makes payment change that could speed up checkout for members
Costco rolled out a new change to its payment system, allowing customers to use their phones to make checkout times faster. The warehouse club has expanded its digital wallet feature that now enables members to link any Visa card to the Costco app…
A Look at 1115 Waiver Evaluations for Medicaid Payments to Institutions of Mental Disease (IMD) for Substance Use Disorder
Medicaid covers one-fifth of adults with substance use disorders (SUDs), including many with substantial treatment needs. Inpatient and residential care services are part of the American Society of Addiction Medicine (ASAM) continuum of SUD…
Universal Credit changes people must tell DWP or payments could stop
The latest figures from the Department for Work and Pensions (DWP) show there are currently 8.3 million people in and out of work across Scotland, England and Wales receiving financial support through Universal Credit. The means-tested benefit is…
DWP confirms 436,000 households will get higher Universal Credit payments
More than 400,000 households on Universal Credit - in which there are around 1.5 million children - are likely to see an increase in their benefits as a result of the two-child limit being scrapped, figures have shown. The policy - which had…
Financial help for pensioners including benefits, discounts and extra payments
The latest figures from the Department for Work and Pensions (DWP) show there are now 13.2million people of State Pension age across Great Britain, including over 1.1m living in Scotland. Many of those in retirement rely on the contributory benefit…
XRP Price as SWIFT Taps Ripple-Affiliated Banks For Tokenized Cross-Border Payments
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced…
So your payments stopped working when Telstra went down. Here's what failed
Telstra experienced a second major network fault after yesterday's nationwide outage, with the telco confirming late last night that some calls, including to Triple Zero, were not going through. At a press conference this afternoon, Michael…
Late payments and financial penalties squeeze security firms, raising risk of wage delays, say industry players
SINGAPORE: The security industry is warning that business practices such as late client payments and financial penalties are putting pressure on companies' cash flow, raising the risk of salary delays for security officers. The issue has come under…
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