Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Nationwide update over deadline for £175 payments offer
Nationwide Building Society has provided an update regarding bonus payments for its customers. The savings provider has offered numerous bonus payments in recent years, including several £100 payments through its Fairer Share Payment scheme.
New DWP update on payments and tax for State Pensioners
The Department for Work and Pensions (DWP) has confirmed that pensioners whose sole income is the flat rate of the New or Basic State Pension will 'not be required to pay tax next year' if the amount exceeds the Personal Allowance threshold of…
Tories call for two-child cap on Scottish Child Payment
Angus CochraneSenior political journalist The Scottish Conservatives have proposed a two-child cap on the country's flagship child benefit. Party leader Russell Findlay also pledged to save more than £1bn from the 'bloated' welfare bill by…
Tories call for two-child cap on Scottish Child Payment
The Scottish Conservatives have proposed a two-child cap on the country's flagship child benefit. Party leader Russell Findlay also pledged to save more than £1bn from the 'bloated' welfare bill by toughening up assessments for disability…
Trump Accounts Launched: How to Get $1,000 Payments for New Babies
As the $1,000 Trump payments for new babies born in America come underway, JPMorgan Chase and Bank of America said Wednesday they will match the U.S. government's one-time $1,000 to new children's retirement savings accounts for their eligible…
The Fancy Payment Cards Of Taiwan
If you're an old-schooler, you might still go to the local bar and pay for a beer with cash. You could even try and pay with a cheque, though the pen-and-paper method has mostly fallen out of favor these days. But if you're a little more modern…
Spotify Paid Out $11B in Royalties to Music Industry in 2025, All-Time Payments Surpass $70B
Spotify paid out $11 billion in royalties to the music industry in 2025, the streaming platform said on Wednesday, $1 billion more than Spotify reported to have paid out a year prior. The $11 billion payout brings Spotify's all-time payments to the…
Visa, Mastercard quarterly earnings seen trending up on payment volume growth (V:NYSE)
The two biggest U.S. card payment networks — Visa (V) and Mastercard (MA) — are set to release on Thursday their earnings for the last quarter of the calendar year, providing further data on how well consumer spending is…
Payments processing pitfalls to avoid when going cloud-first
Stability has long since been treasured in finance but now we see disruption everywhere. Regulation, fast-moving technology and customer demands are driving a bow wave of change and payments processing, alongside all financial services, is onboard.
State Pensioners issued DWP update for 2026 payments
The DWP has clarified some tax rules for pensioners The Department for Work and Pensions (DWP) has assured that pensioners relying solely on the flat rate of either the New or Basic State Pension will be 'not be required to pay tax next year'…
Saving for a down payment on a house? Here is how and where to save.
There are a number of hurdles on the pathway to becoming a homeowner, but for many people, one of the first and particularly daunting challenges is the down payment. Even if you are getting a mortgage, it's still necessary to put this cash amount…
Does the Scottish Child Payment really remove incentive to work?
The Scottish Tories have claimed introducing a two-child limit to the Scottish Child Payment would be “fair, reasonable and necessary”. Party leader Russell Findlay used a claim often made by First Minister John Swinney. He said the…
Mullvad completes third-party payment audit - here's what you need to know
Mullvad just completed a third-party audit of its payment and account systems. This assessment included the parts that handle logins, device provisioning, payments, and WireGuard key delivery. The audit, done by security firm X41 D-Sec, put…
DWP issues 'all pensioners' message over changes to payments
The DWP has released an update regarding payments being distributed to tens of thousands of pensioners. The department is increasing its efforts to make sure older people receive the correct amount of support. People are encouraged to apply for any…
Dubai Insurance Launches Crypto Wallet for Premium Payments and Claims
Dubai Insurance has launched a crypto-enabled digital wallet that allows policyholders to pay insurance premiums and receive claims settlements in digital assets. The wallet is designed to support the receipt of premiums and the payment of…
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