Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chancellor abolishes standing charges on gas bills to make payments fairer
Action from the Chancellor and Energy Secretary will make the energy system fairer and give some families breathing space. Budget will “draw a line in the sand” on energy policy that has left billpayers exposed, giving families…
Heating cut over unpaid bills despite residents' payments
Amy Clarke, London and Leyla Hayes, London Residents at a block of flats in north-west London have been left without heating or hot water due to historic unpaid bills of £600,000, despite monthly payments being made over several years. About…
Heating cut over unpaid bills despite residents' payments
Residents at a block of flats in north-west London have been left without heating or hot water due to historic unpaid bills of £600,000, despite monthly payments being made over several years. About 126 homes have been affected since 23…
Schools to lose thousands in disability support payments
Principals and parents are reeling from a state government decision to cut $3400 a year in disability support per eligible student in mainstream schools. In a letter to state school leaders late on Tuesday, just six weeks before the end of the…
Korea fines Google, Apple combined $47.6 mil. over in-app payment practices
The Korean government on Wednesday slapped Google and Apple with a combined 63.7 billion won ($47.6 million) in fines for practices including forcing app developers to use their in-app payment systems, marking the first enforcement of the relevant…
Kagame meets private sector coalition on digital payments
President Paul Kagame on Tuesday, October 27, met with members of the Digital Public Infrastructure (DPI) Private Sector Coalition Group at Urugwiro Village. The delegation was led by James Mwangi, chief executive officer of Equity Group Holdings…
Brits with high blood pressure could claim £843.27 per month in DWP payments
Brits who have high blood pressure may be able to claim an average of more than £840 per month in support from the Department for Work and Pensions (DWP) over the course of a year, depending on their needs and an assessment. High blood…
Nearly 7 in 10 parents who co-signed loans for their adult children have made payments
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Lenders Say Nestoil Paid Another $40 Million, Taking Total Payments to $100 Million
Nestoil Limited reportedly made another $40 million payment to lenders on Oct. 19, according to Premium Times, bringing the reported total to $100 million amid a dispute over how the debt talks are characterized. Premium Times cited people familiar…
The Agentic Economy: AI, Payments & the Future of Finance
The future of the agentic economy will depend on how securely and efficiently autonomous AI agents can create value, manage money, and execute transactions. These topics were at the center of “The Future of the Agentic Economy,” a…
Derek Chan named as CEO of new entity governing Singapore's payment schemes
SINGAPORE – The Singapore Payments Network (SPaN), which will administer and oversee the Republic's eight national payment schemes, has appointed Derek Chan as its first chief executive officer. Chan has almost 20 years of leadership…
South Korea fines Google and Apple for forcing own payment systems and delaying reviews
Published - October 28, 2026 05:11 pm IST - Seoul Subscribe to The Hindu @ Just ₹1* Subscribe to The Hindu @ Just $4.99 *Offer only for new subscribers South Korea on Wednesday (October 28, 2026) fined Alphabet's Google and Apple a combined…
Visa's Q3 Payment Volume Rose 10% in Constant Dollars as Expenses Outpaced Revenue
Visa's net revenue grew 14% in its fiscal third quarter, but operating costs rose faster, putting the company's 10% constant-dollar payment-volume increase alongside a larger expense expansion. The company reported $11.633 billion in net revenue…
Four groups of PIP claimants most-likely to get ongoing payment award of £778
Proposed changes by the Department for Work and Pensions (DWP) to Personal Independence Payment (PIP) have been put on hold until a review of the eligibility and assessment process has been completed this autumn. Minister for Social Security and…
Nick Reiner allowed to receive trust fund payments for jail commissary account
A judge has granted permission for Nick Reiner, who remains in custody in connection with the murders of parents Michele and Rob Reiner, to receive up to $300 at a time in trust fund payments for jail commissary expenses. In court documents filed…
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