Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
57% of Firms in Payment-Heavy Industries Face More Fraud
“ Payment Protection: Why Firms Still Aren't Real-Time Ready ” was produced by PYMNTS Intelligence in collaboration with Plaid. The report draws on a double-blind survey of 150 senior executives conducted from May 18 to June 1, 2026.
Thames Water faces row over £1m payment to finance chief
Thames Water has paid its chief financial officer, Steve Buck, a £1m signing fee despite intense scrutiny of Britain's biggest water company's finances as it tries to avoid being taken into public control. The utility revealed that it made…
India's UPI Payments Developer Targets Diaspora For Growth
The operator of India's ubiquitous mobile payments network plans to tap the country's vast overseas diaspora as a springboard for global expansion, aiming to make the platform a preferred way to transact money across borders. “Is it possible…
David Jones loses CFO as suppliers fume over late payments
David Jones' new chief executive, Erica Berchtold, has hired former Myer executive Nigel Chadwick as chief financial officer after Clint May resigned amid growing supplier unrest over the luxury department store chain's proposal to settle overdue…
Developer says it can't afford promised £350K payment for community
A major developer whose parent company reported a pre-tax profit of £13.5 million last year says it wants to pull out of a near £350,000 payment for the local community for a large development in Cornwall - saying that paying it would…
Older state pensioners handed bumper £1844.32 Monday AP payments in August
Some older state pensioners will get more money this August Some fortunate older state pensioners will have a bumper August with two lots of 'Additional Pension' (AP) payments from the DWP on top of their basic state pension amounts. Those who…
Hana Bank Subsidiary GLN Expands QR Payment Network for International Travelers to Korea
Partnership with Coocon adds 500,000 Seoul Pay merchants, bringing GLN's QR payment network to approximately 1.5 million merchants across Korea QR payment transaction volume and value by inbound international travelers increased approximately…
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge
Japan recorded a current account deficit in June for the first time in 17 months, as rising dividend payments to overseas investors and higher oil import costs weighed on the country's external balance. The current account posted a deficit of 92.3…
State pensioners under 77 handed doubled £1,930 Monday payments before September
State pensioners under 76 will get two payouts in July Some younger state pensioners will have a bumper August with a doubled set of DWP state pension payments totalling up to £1,930.40. Those who hit state pension age after April 2016 are…
Who Owns the Customer Relationship When Agents Make Payments?
Building an agentic-ready enterprise starts with trust between a company and its employees. As our CEO Brian Doubles has said: “Our culture is built on trust — giving our people the freedom to innovate, experiment and apply…
IRD concerns over cash payments in horticulture sector
The Inland Revenue says cash payments to workers are one of the major factors leading it to publicly call out the horticulture sector for bad tax practices. Last week the tax department issued a revenue alert saying the cash payments, as well as…
CASX Token Presale Marks the Next Milestone for the Cashelix Payment Ecosystem | Metaverse Post
Cashelix, a blockchain-powered payment platform focused on peer-to-peer (P2P) transactions, today announced the CASX Token Presale, marking a major step toward the development of its utility-driven digital payment ecosystem. CASX is the native…
Cash payments to workers in horticulture sector leading cause of IRD's tax concerns
The Inland Revenue says cash payments to workers are one of the major factors leading it to publicly call out the horticulture sector for bad tax practices. Last week the tax department issued a revenue alert saying the cash payments, as well as…
Janus Henderson Group PLC Trims Stake in Global Payments Inc. $GPN
Janus Henderson Group PLC reduced its stake in Global Payments Inc. (NYSE:GPN - Free Report) by 73.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,850…
Gradient Investments LLC Grows Stock Holdings in Global Payments Inc. $GPN
Gradient Investments LLC increased its stake in shares of Global Payments Inc. (NYSE:GPN - Free Report) by 156.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,565 shares of…
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