Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
When Are October 2026 Social Security Payments Coming?
Millions of Social Security recipients nationwide will be getting their monthly payment in October—but as the regular schedule varies, when will yours arrive? More than 70 million Americans receive some form of payment from the Social…
Man must give back £90,000 after online payment error
A man has been ordered to repay more than £90,000 following his conviction for retaining a wrongful credit. Simon Jackson posted an item for sale online for £10m in 2021, South Yorkshire Police said, but then claimed it had been sold…
HMRC urgent £300 Winter Fuel Payment alert to 2.2m pensioners
Tax officials have issued an urgent alert to more than two million pensioners as Winter Fuel Payments go live in the UK. Claims for the benefit of up to £300 can be made from Monday, September 21, as the qualifying week which determines who…
Alert as 6 groups won't get Fuel Payment over qualifying week rule
People hoping to get a boost of up to £300 this winter have been told of the rules as ‘qualifying week' starts - which will decide if people get any money. The Winter Fuel Payment will be crucial this year as residents face soaring…
ECB Launches Key Link Between Blockchain and Euro Payment System
The European Central Bank on Monday began letting banks settle tokenized wholesale transactions in central-bank money, while continuing efforts to develop a digital euro for consumers by the end of the decade. The so-called Pontes project links…
Rajiv Kumar Advocates Continued Zero-Fee UPI To Boost Digital Payments
Former NITI Aayog vice-chairman Rajiv Kumar strongly recommends that the Indian government maintain its zero-fee policy for UPI transactions, highlighting its crucial role in fostering digital payments and economic growth. Former NITI Aayog…
Circle expands payment network with Tazapay deal
54a9af5a-7a55-4e29-89c9-90b4517be86d Key acquisition: Jeremy Allaire, CEO of Circle (File photograph) Circle, the issuer of the United States Dollar Coin and parent of a Bermudian-licensed digital asset business, has agreed to acquire Tazapay in a…
ECB launches Pontes to bridge tokenized asset markets with Eurosystem payment infrastructure
The European Central Bank launched Pontes, a platform that lets eligible financial institutions settle tokenized-asset transactions in central-bank money. Pontes connects distributed-ledger platforms to the Eurosystem's TARGET Services, offering an…
Crypto payments give online casinos new opportunities for growth
Online payments changed significantly after Bitcoin was introduced in 2009. Before cryptocurrencies emerged, online transactions relied mainly on traditional methods such as cards, bank transfers, and e-wallets using fiat currencies. Crypto…
Migrant Households Receiving Record Amount of Direct Welfare Payments in Britain
The British taxpayer is handing out a record £11.9 billion in direct welfare payments to households with at least one migrant, according to data from the Department for Work and Pensions. Analysis of DWP figures by the Centre for Migration…
ASEAN's digital payment boom outrunning its scam defenses
Southeast Asia's rapid economic integration has long been a celebrated success story, and nowhere is this more evident today than in its retail payment systems. Across the region, central banks are linking their national QR code protocols under the…
DWP figures show 380,000 people on Carer's Allowance receive no payments
Hundreds of thousands of people entitled to Carer's Allowance are not receiving payments, according to new figures from the Department for Work and Pensions (DWP). The latest Annual DWP Benefits Statistics Compendium shows 1.4 million people had an…
Winter Fuel Payment qualifying week starts as 6 groups excluded
People hoping to receive a boost of up to £300 this winter have been informed of the rules as the crucial 'qualifying week' gets underway — a period that will determine whether individuals receive any money at all. The Winter Fuel…
DWP PIP payments expected to rise under Andy Burnham
Millions of households receiving Personal Independence Payment (PIP) are set to see their payments rise from next spring. The news comes following the publication of September's inflation figures, which traditionally determine the annual uprating…
DWP confirms average New State Pension payment is now £216 a week
Millions of people are now receiving the New State Pension as the number of pensioners on the newer system continues to increase. New Department for Work and Pensions (DWP) figures show 5.4 million people were receiving the New State Pension in…
Receive a Daily briefing on Payments Industry News
Get Started