Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Weekly Indicators: Deceleration In Withholding Tax Payments Continues
High-frequency weekly indicators provide timely insights into the economy, often signaling changes before official monthly or quarterly data. Long leading indicators are mostly neutral to positive, with corporate profits and money supply showing…
ComBank and Abans forge landmark partnership with POS and digital payments rollout
The Commercial Bank of Ceylon is to roll out a major point-of-sale (POS) and digital payments solution across the national retail network of Abans PLC – in a partnership that sets a new benchmark for bank–retailer collaborations in…
BlackRock's Bitcoin clients aren't 'underwriting' the case for global payments
BlackRock's head of digital assets, Robbie Mitchnick, said that most of the world's largest asset managers' clients aren't considering Bitcoin's use for daily payments when deciding whether to invest in the asset. “I think for us, and most…
The 10 U.S. states where you can save up a 10% down payment on a home the fastest-Iowa is No. 1
Short of a cash windfall, saving for a down payment on a home can take years — and in some U.S. states, it may take decades. A new analysis from ConsumerAffairs estimates how long it would take to save a 10% down payment in every state by…
Certain bank statements may show 'DWP XB' payment in December
If an unexpected £10 lands in your bank account this December, don't panic. It's likely the tax-free ' Christmas Bonus' payment from the Department for Work and Pensions (DWP), which should show as 'DWP XB' in statements. The Christmas Bonus…
DWP XB meaning in bank statements for DWP December payments - what you need to know
If you qualify for the bonus, you will likely receive this automatically before December 25 If a surprise £10 appears in your bank account this December, there's no need for alarm. It's likely the tax-free, automatic ' Christmas Bonus '…
CAG exposed lies of Revanth Reddy govt. on debt, monthly interest payments: KTR
Working president of the Bharat Rashtra Samithi (BRS) K.T. Rama Rao (KTR) has criticised Chief Minister A. Revanth Reddy for repeatedly exaggerated figures on Telangana's debt and interest payments. Quoting the latest CAG report for October, he…
Walmart shopper sees new self-checkout payment issue as retailers give warning
A WALMART shopper was short changed after he used a self-checkout machine because of the national coin shortage. On the social media platform Facebook, the customer said that he lost out on two cents because Walmart didn't have any left to give.
BlackRock Clients Not Betting On Global Payment Network For Bitcoin
BlackRock's head of digital possessions, Robbie Mitchnick, stated that the majority of the world's biggest possession supervisors' customers aren't thinking about Bitcoin's usage for day-to-day payments when choosing whether to purchase the…
Americans Are Falling Behind On Car Payments Like It's 1992 All Over Again
Subprime borrowers behind on car payments hit the highest level on record. Fitch data shows 6.65 percent of subprime loans are over 60 days overdue. Prime borrowers remain stable, highlighting the ongoing cost-of-living strain. Buying a new car can…
The housing market is still passing through a home insurance shock, Cotality says
Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter. John Rogers, the chief data and analytics officer of Cotality (formerly known as CoreLogic), returned to ResiDay this year to give a…
Weak won lifts exporter stocks, weighs on import-reliant firms in stock market
An increasingly weak won is expected to split the stock market, boosting exporters who earn more from stronger dollars while squeezing manufacturers that rely on imported raw materials and therefore face lower margins, analysts said Sunday. They…
Rents are falling nationwide. That isn't helping the sluggish sales market.
It hasn't been easy to be a renter in the last five years. Rental prices surged in the aftermath of the pandemic, outstripping wage growth. But recently, renters have notched a small win: In much of the country, rents are falling. Median monthly…
Mortgage and refinance interest rates today, November 22, 2025: Stuck in a range for 6 weeks
Mortgage rates are about where they were six weeks ago — they've been swerving in a narrow lane for weeks. According to Zillow, the average 30-year fixed mortgage rate clicked up one basis point to 6.11%. Meanwhile, the 15-year fixed term is…
Southwest Airlines' latest enhancements for the holiday season
Southwest Airlines is preparing to bolster its services this holiday season and win back the goodwill of customers as a reliable option for end of year travel. In 2022, the Dallas airline notoriously had a holiday meltdown, leaving 2 million…
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