Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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Visa wants to make payments invisible, build relevance through experiences
For Visa, the challenge is to make payments seamless while building a human connection with consumers beyond the transaction. Speaking at a one-on-one session at the afaqs! BankFin 360 conference, Gaurav Ramdev, chief marketing officer, India and…
XRP Ledger Payment Volume Soars 2,633%: What's the Drive?
XRP is still struggling to recover from the ongoing market volatility, but its payment activity is seeing a significant boost as participation from traders resurges. Latest onchain data from XRPScan shows a sharp resurgence in payment volume on the…
Santander confirms £829 cash for customers with date set for payments
Santander is set to pay out £830 to customers Leading high street bank Santander has confirmed it will dish out £829 to certain customers as part of an ongoing Financial Conduct Authority (FCA) redress scheme. The FCA is currently…
Russian Businesses Delay Payments as Cash Squeeze Deepens
Russian businesses are increasingly delaying payments to suppliers as slowing economic growth, higher taxes, falling profits and expensive borrowing strain their finances, raising the risk of a chain reaction of unpaid bills. The growing payment…
Construction group's millions in mystery payments to gangsters, dead bikie
A labour hire firm allegedly involved in a network of companies that avoided $104 million in taxes forked out millions of dollars to underworld figures, drug manufacturers and accountants. Australian Taxation Office-backed liquidator McGrathNicol…
Future of Payments 2030: Stablecoins and AI
The future of global payments will depend less on creating entirely new financial infrastructure and more on making existing systems work together seamlessly. That was a central theme of “The Payment Rails of 2030,” a panel discussion…
Ex-league star chased over $1m payments just before his lavish wedding
Property tycoon Lou Zivanovic's businesses received more than a million dollars from a firm linked to a network of companies that avoided $100 million in taxes, with most of the money paid in the months leading up to the former Penrith Panthers…
DWP announces major Winter Fuel Payment change for how to claim
October comes to an end this week, which means the weather is getting colder and the evenings are getting darker earlier. As the winter months are upon us, many people will start thinking about how they could get some extra support with heating…
Andy Burnham's DWP confirms these 5 groups won't receive Winter Fuel Payment
The Department of Work and Pensions (DWP) has revealed that five groups of Brits will be ineligible for a Winter Fuel Payment, even if they are born before June 1960. The Winter Fuel Payment is given to pensioners in order to help them pay their…
Dogecoin Labs Launches to Expand DOGE Payments and Apps
Dogecoin Labs was established on October 21 through a partnership with the Dogecoin Foundation, bringing the MyDoge wallet, the DogeOS application layer, and the Such App payment tool under an independent organization led by Jordan Jefferson. The…
Elavon Readies B2B Push With Embedded Payments for SAP Solutions
The planned integration with SAP Digital Payments Add-On and Open Payment Framework will help enterprises manage payments across finance, commerce and other core business operations. The companies plan to extend the integration to other SAP…
Bitcoin wallet bug let rogue servers steal funds when users tried to speed up payments
A flaw in Electrum allowed malicious servers to substitute fake pending Bitcoin transactions that users could unknowingly authorize when using Replace-by-Fee, with at least one theft confirmed. Electrum released version 4.8.3 on Oct. 24 to verify…
Qatar Airways picks QNB for online payments
The Paypers is a global hub for market insights, real-time news, expert interviews, and in-depth analyses and resources across payments, fintech, and the digital economy. We deliver reports, webinars, and commentary on key topics, including…
Electrum Wallet Bug Tricks Users Into Signing Over Payments
As CoinDesk reported Monday (Oct. 26), Electrum revealed this vulnerability over the weekend, saying some servers had begun exploiting it. Developers had gotten two reports this month, including one from a user who lost money after approving what…
Retailers See Declined Payments but Miss the Second Chance to Save the Sale
The PYMNTS Intelligence report “ How These Industries Are Turning Payments Failures Into Recovers,” the October edition of The Orchestration Advantage Series, found that commerce companies use intelligent retry logic on 41% of…
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