Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
SAPO upgrades payment platform to 'match' industry standards
An upgraded SAPO point-of-sale device. (Image: Supplied) The South African Post Office (SAPO) has upgraded its point-of-sale (POS) platform across 610 priority branches nationwide. This, it says, is part of its branch network modernisation…
Anglian Water boss handed £500,000 'retention' payment despite bonus ban
Watchdogs are to look at whether water firms are sidestepping a bonus ban after a fatcat boss was handed £500,000 as a reward for staying. Mark Thurston, chief executive of industry giant Anglian Water, pocketed the “retention”…
New bank scam laws could stop suspicious payments
Your phone rings, and the caller says your bank account is under attack. To protect your savings, you must move the money right now. The caller sounds calm. The instructions feel official. However, the 'safe account' belongs to a scammer. That…
My husband and I are 47 and have a $30K loan at 14%. He promised to split the payments 50/50, but has only paid 4 of the last 12 payments. Now what?
I have about $10,000 saved but do not want to use this to pay down the debt in case something happens to my position at work. He does not have any savings. Who can help point us in the right direction — it is a financial adviser?”…
A unified front against fraud: Securing the UK's payments future
The UK's payment landscape is undergoing a rapid transformation. While regulatory initiatives, such as the mandatory authorized push payment (APP) reimbursement scheme, provide safeguards, sophisticated cyber-attacks and elaborate scams…
The payment war shifts to distribution as stablecoins reach mainstream status
Swift is expanding a blockchain-based settlement network with more than 40 financial institutions, underscoring how incumbents are racing to build the rails for tokenized payments. Stripe's unsolicited $53 billion bid for PayPal would marry a vast…
California County Passes 'Reparations' Plan That Does Not Include Payments
Alameda County, California, officials approved a cashless plan for racial ‘reparations' after the Oakland Unified School District (OUSD) purportedly failed on “its own highly publicized racial equity promises,” Fox News…
FTX to Distribute $900M to Creditors in Fifth Payment Round
Latest News PublishedJul 17, 2026 The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds. The trust behind reimbursing creditors with…
Lightspeed Commerce launches new AI, payments, fulfillment, and operations tools (LSPD:NYSE)
Lightspeed Commerce (LSPD) introduced a range of products across Lightspeed Retail and Lightspeed Restaurant, including new AI-powered tools, stronger fulfillment capabilities, improved multi-location management, and automated payment…
Irish welfare payments could rise to €450 per week under Budget 2027 proposals
Welfare claimants throughout Ireland who collect weekly payments are set for a major financial boost as part of proposals for Budget 2027. The projected expense of all welfare rises appears set to reach approximately €20 billion should the…
Parents urged to apply for lump-sum social welfare payment worth €285 per child
Families are being urged to submit their applications for the Back To School Clothing and Footwear Allowance, with thousands receiving the payment this week. The payment started being distributed to those who automatically qualify on Wednesday…
Pharmacy Claims Go Unchecked: Maryland Audit Flags $674.5M In Payments
ANNAPOLIS, Md. — The Maryland Department of Health failed to routinely audit pharmacy claims across three state programs responsible for approximately $674.5 million in payments during fiscal year 2025, leaving potential billing violations…
Lightspeed Commerce Advances Unified Commerce Vision with New AI, Payments, Fulfillment and Operations Innovations
Retailers and hospitality businesses are under increasing pressure to do more with less while managing disconnected systems, manual processes and rising operational complexity. Lightspeed's latest innovations address these challenges directly with…
New PIP claimants most likely to get ongoing payments
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. Minister for Social Security and Disability…
FTX to Distribute $900M to Creditors in Fifth Payment Round
The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would…
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