Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Global Payments Inc. stock underperforms Friday when compared to competitors despite daily gains
Shares of Global Payments Inc. GPN rose 2.41% to $69.80 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.05% to 7,354.02 and Dow Jones Industrial Average DJIA falling 0.09%…
Payment date confirmed for €285 social welfare bonus as thousands more eligible
The payment date for a crucial social welfare benefit has been announced. The Back-to-School Clothing and Footwear Allowance delivers a one-off payment to qualifying families towards school uniform and footwear expenses. It's scheduled to be…
CACEIS UK dodges FCA fine after agreeing payment to investors
Asset servicing bank swerves £23 million FCA fine after agreeing to pay £31.7 million to WealthTek investors over anti-money laundering and client due diligence failings. An asset servicing bank has escaped a £23 million Financial…
U.S. Bank takes a swing at automating health care payments
Key insights: U.S. Bank has hired payments vet Eric Levine to head health care automation at the bank. What's at stake: Health care payments are still largely paper-based, but make up about 20% of the U.S. economy. Forward look: U.S. Bank will use…
Billionaire investor Leon Black to testify to Congress about $158M in payments to Epstein
Billionaire investor Leon Black to testify to Congress about $158M in payments to Epstein The Justice Department has released 3 million new items in the Epstein files. They say this is the end of their document review process to comply with the…
The next challenges behind real-time payments adoption
Key Insight: Real-time payments are growing quickly, creating ample opportunities for banks to improve processing. What's at stake: As FedNow and RTP advance, banks still face hurdles in building scale, creating technology challenges. Forward look:…
Billionaire investor Leon Black is set to testify to Congress about $158M in payments to Epstein
WASHINGTON – Billionaire investor Leon Black is appearing before the House Oversight Committee on Friday as lawmakers seek to untangle the web of wealth and influence around Jeffrey Epstein that they say enabled decades of sexual abuse.
New £200 summer cost-of-living payments to enter bank accounts in July
Households can come forward to claim new cost-of-living payments during July. The cash is part of a new emergency fund to help households struggling with paying bills and affording essentials. Anyone can apply for payments and households don't have…
GigSafe Taps U.S. Bank to Deliver Instant Payments to Delivery Drivers
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Newcomers to Canada could feed a future market upswing, Statistics Canada data suggest
Please log in to bookmark this story. Create Free Account Canada broke immigration records from 2022 to 2024, admitting around 470,000 permanent residents per year on average. Those 1.4 million newcomers could shape the housing market in the next…
Forget Mastercard: 1 Dominant Payment Tollbooth to Buy Hand Over Fist
Visa trades at 22x forward earnings, currently below its own $342 repurchase price, with $21B remaining on its buyback authorization. Mastercard's 25x forward P/E and price-to-book of 64 leave no margin for error as rebates outpace revenue growth…
3 Stocks Building the Future of Agentic AI Payments
The SpaceX NASDAQ: SPCX IPO and the space sector itself are a useful reminder about the power of a story in the growth of stocks. Whether an investor can visualize the space economy of 2040 or not, every investor has to understand that the story of…
Planned changes to legal aid payments will lead to 'exodus' of solicitors, Law Society says
PLANS TO CHANGE the payment model for criminal legal aid work will lead to an “exodus” of solicitors from the area of practice, the president of the Law Society of Ireland said today. Rosemarie Loftus made the comments this morning as…
Why Chargeback Defense Beats Lower Processing Fees
Dimitri Akhrin, BAMS eCommerce Merchant Processing, advises businesses on merchant account trends and negotiating with banks from strength. The hidden cost draining many small businesses' margins isn't the rate they negotiated. It's the…
The 30-year fixed mortgage was supposed to be predictable. Two costs quietly broke that promise
Potential homebuyers tend to agonize over two things: mortgage rates and home prices. But that's not where the burden of homeownership ends. It's really just the beginning. Buyers will lock in a rate, sign at closing, and assume the hard part of…
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