Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Winter Fuel Payment 'qualifying week' dates and cash confirmed
The qualifying week for this year's winter fuel payment of between £100 and £300 is fast approaching — but the DWP has confirmed that certain individuals will not receive the money. The Winter Fuel Payment is an annual, tax-free…
AI Agents Can Reason. Payment Systems Can't Guess
Michael Shmulevich, CEO of Superscript Systems specializing in payment infrastructure and AI for financial operations. Most AI projects in financial operations stall rather than fail outright. A team builds an agent that reads invoices or…
Fintechs conquered payments in India. Now they're eyeing credit
Fintech companies in India expect digital credit to be twice as large as the payment market. Walmart-owned PhonePe and Google Pay are the two biggest digital payments providers in India. Only 15% of adults in India have access to formal credit…
New calls to change State Pension Triple Lock for future payments
New calls have been made to change the State Pension Triple Lock as politicians consider how payments should increase in future years. Members of the House of Lords raised concerns about the long-term cost of the Triple Lock during a wide-ranging…
President Trump says he doesn't think $5,000 dividend payments would need to be approved by Congress
A day after President Trump unveiled the idea of sending a $5,000 'Trump Dividend' to every American citizen after the midterm elections if Republicans hold the House and Senate, he's sharing more details about the plan in an exclusive interview…
Piyush Goyal Urges BRICS Nations to Link Payment Systems, Boost Trade in Local Currencies
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Friday called on BRICS member and partner countries to link their payment systems, promote trade in local currencies and simplify regulatory procedures to deepen intra-BRICS trade and…
Letter: If Trump is buying votes with $5k offer, add mine to tariff payment
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Millions of pensioners due important DWP payment letter next month
Millions of pensioners in England and Wales are set to receive an important letter from the Department for Work and Pensions (DWP) from next month confirming how much they will receive through this year's Winter Fuel Payment. Updated guidance on…
Pension Credit claims can include up to three months of backdated payments
Thousands of older people may be missing out on Pension Credit and those who apply could receive up to three months of backdated payments from the Department for Work and Pensions (DWP). Under DWP rules, successful claims can usually be backdated…
HMRC tax return check for pensioners due winter heating payments this year
Pensioners in Scotland are being urged to check that their Pension Age Winter Heating Payment is included correctly when filing their Self Assessment tax return. HM Revenue and Customs (HMRC) has confirmed that details of the devolved Scottish…
Cape Town to test cashless payments at three driving licence centres
City of Cape Town pilots cashless transactions at three Driving Licence Testing Centres these are Brackenfell, Fish Hoek and Strand. In a bid to enhance security, streamline operations, and accelerate digital transformation, the City of Cape Town…
Nepal Leaders Call for $20M Climate Justice Payment After Deadly Glacial Floods
Support justice-driven, accurate and transparent news — make a quick donation to Truthout today! Government leaders from Nepal are calling for climate justice in the wake of devastating glacial floods last month that killed 1,300 people and…
PIP payments could include non-cash support under new DWP proposals
Some Personal Independence Payment (PIP) awards could include services or other forms of support instead of being provided entirely through cash payments under new proposals being considered as part of a major review of the disability benefit. Cash…
Payment is authorization
I can't tell you how many times I've needed to do something simple like remove the background from an image or convert a file from one type to another but wasn't able to do it. While these feel like simple, common things your OS should just handle…
DWP confirms the 4 groups of people not eligible for 2026 winter fuel payment
Support is available to help Brits through the winter The summer months are quickly coming to an end with millions of Brits turning an eye to how they're going to heat their homes this winter. The good news is that government support is available…
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