Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bondholders Agree Payment Pause for Crisis Hit Emerging Markets
Developing countries will be given extra time to meet debt payments when hit by natural or economic disasters under plans drawn up by the UK government and a group of international bondholders. The arrangements, first floated last October, are…
This payments stock is a top pick and poised to rally on 'strong' catalysts, Morgan Stanley says
Affirm is poised to add value to its battered shares due to a combination of catalysts, including several potential upward revisions to its growth estimates, according to Morgan Stanley. The investment bank, which has an overweight rating on…
Adumo payment tech exposed, hackers offer data for $7 000
No consumer data was breached after hackers gained access to “sensitive” technical information, says Lesaka. (Source: Lesaka) JSE-listed Lesaka unit Adumo is assuring its clients that no consumer data was breached during a cyber…
Panama Canal Traffic Jam Spurs $4 Million Line-Jumping Payment
Tankers and cargo ships are facing three-and-a-half day delays to enter the Panama Canal as the Iran war sparks a surge in traffic, prompting one vessel to plunk down an extra $4 million to jump to the front of the line. The traffic jam at the…
DWP sending letters to state pensioners for £300 and £200 payments
Eligible pensioners will receive a letter in October or November confirming their payment amount The Department for Work and Pensions (DWP) will be sending letters to state pensioners for £300 and £200 payments this year. The money is a…
DWP Universal Credit rules update as your payments 'can be reduced' by £13 a day
Diana Johnson, Minister of State (Department for Work and Pensions), responded in an attempt to clarify the regulations. She began by outlining the principles of the benefit and the conditions surrounding its allocation. 'The core objective of…
Alcoa anticipates $135M 2026 interest expense while environmental and ARO payments rise to about $360M (NYSE:AA)
The conflict is tightening supply, raising cost volatility, causing regional shipment redirection, but has not directly hurt profitability beyond pricing effects. Q1 was driven by higher aluminum pricing, operational execution, inventory…
Americans in sticker SHOCK after mortgage payments hit historic $2,000 high
HOMEOWNERS nationwide are in sticker shock this spring as the average mortgage payment hits a historic high. This increase comes despite a recent $200 billion cost-cutting effort spearheaded by President Donald Trump. Your info will be used in…
DWP slashing Universal Credit claimants' payments by £14 a day in punishment
Universal Credit claimants could see their payments slashed by £14 a day by the Department for Work and Pensions (DWP). DWP deduction and sanction rules could badly hit Universal Credit claimants at a time where many are hard-up and…
DWP stops payments for two benefits this month as part of overhaul
The Department for Work and Pensions (DWP) has ceased payments on two benefits as part of a sweeping overhaul of the welfare system. The department has been progressively winding down older, so-called legacy benefits in recent years as it…
GOV'T RELEASES FUNDS TO CLEAR SCHOLARSHIP ARREARS …Beneficiaries abroad urged to remain calm as payments begin - The Ghanaian Chronicle
The Government has released first quarter funds to the Ghana Scholarships Authority to begin settling outstanding arrears owed to Ghanaian students studying abroad, particularly in the United Kingdom and other countries. In a statement issued by…
Payments Leaders Need AI Controls They Can Explain in 24 Hours
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44% of Healthcare Treasurers Lack Cash Flow Visibility as Payment Friction Persists
PYMNTS Intelligence data from “ Vertical-First Payments: How Low-Code Wins in Education, Healthcare and Field Services, ” produced in collaboration with Finix, reveals that legacy payment infrastructures built on manual processes and…
Stephens Downgrades Shift4 Payments (NYSE:FOUR) to Equal Weight
Shift4 Payments (NYSE:FOUR - Get Free Report) was downgraded by Stephens from an 'overweight' rating to an 'equal weight' rating in a research note issued on Friday. They currently have a $50.00 target price on the stock. Stephens' price target…
HMRC sending out £180 payments and they'll land sooner than expected
HMRC is sending Child Benefit payments out earlier than anticipated in May, it has emerged. Child Benefit claimants will get their payments early next month as both May bank holidays fall on Mondays. HMRC, the Labour Party government's tax arm…
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