Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump Accounts: Here's Who Gets the $1,000 Payment on July 4
Millions of American families will be able to begin accessing a new government-backed investment program for children on July 4. Coinciding with the Fourth of July holiday, the Trump administration is launching so-called 'Trump Accounts' and will…
Paytm Europe Payments Obtains Luxembourg Payment Institution Licence
Discover how Paytm's step-down subsidiary, Paytm Europe Payments, has secured a vital payment institution licence from Luxembourg's financial regulator, paving the way for expanded payment services across Europe. Paytm Europe Payments has secured a…
Startup Raises $6.5 Million with Technology Designed To Ease Payments Made By 'AI Employees'
Jordan Liu and his team at Alta have introduced a solution that lets AI agents transact autonomously at scale, targeting one-person businesses and very small teams that need a more efficient way for the agents to handle payments and other financial…
DWP films man who claimed £9,000 of PIP payments riding motorbike
A benefits cheat who claimed he was unable to walk more than 20 metres has received a suspended prison sentence after being filmed riding a motorbike. Tony Rose, 32, fraudulently pocketed almost £9,000 in Personal Independence Payments (PIP)…
Women may be owed pension back payments due to DWP errors
Older women across the UK could be entitled to payments following historical Department for Work and Pensions mistakes. This matter predominantly impacts women who claimed Child Benefit prior to 2000 and whose National Insurance number wasn't…
DWP issues deadline for pensioners as Winter Fuel Payments loom
Winter Fuel Payments will be paid unless pensioners choose to opt out The Department for Work and Pensions (DWP) is encouraging pensioners throughout the UK to determine whether they might have their Winter Fuel Payments clawed back via the tax…
Salford Royal Hospital staff strike in overtime payments dispute
Staff at Salford Royal Hospital have gone on strike in a dispute regarding overtime pay. Local politicians and union reps joined nurses, practitioners, nursing associates, clinical support workers, ward clerks and housekeepers on the picket line…
First of Canada's quarterly grocery benefit payments roll out - National
Eligible Canadians will find a bit more cash in their bank accounts starting today as quarterly payments begin for the federal Liberals' boosted affordability benefit. The Canada Groceries and Essentials Benefit is paid out to lower-income…
Ripple Is Bringing Agentic AI Payments to the XRP Blockchain. Is This a Game Changer for XRP?
Ripple, the issuer of XRP (XRP +1.66%), thinks that when AI agents start paying for things autonomously, the XRP Ledger (XRPL) should be an appealing way for them to do it. On June 10, it shipped the XRP Ledger AI Starter Kit, creating the…
State pensioners under 77 handed bumper £1,930.40 Wednesday payments in July
State pensioners under 76 will get two payouts in July Some younger state pensioners will have a bumper July with two DWP state pension payments totalling up to £1,930.40. Those who hit state pension age after April 2016 are given more per…
Full list of Adult Disability Payment monthly rates for every award type
New figures from Social Security Scotland show 504,710 people were receiving additional financial support through Adult Disability Payment (ADP) at the end of April. ADP has replaced all new claims for Personal Independence Payment (PIP) for people…
Child Benefit payments set to stop for some parents next month
HM Revenue and Customs (HMRC) is reminding parents of 16 to 19-year-olds to extend their Child Benefit claim if their teenager is staying in certain types of education or training after their GCSEs or National 5s. HMRC warned Child Benefit payments…
DWP issues Winter Fuel Payment deadline warning to all pensioners
The Department for Work and Pensions (DWP) has issued a reminder to pensioners about important September deadlines to opt out of receiving this year's Winter Fuel Payment. Older people in Scotland can opt out of the Pension Age Winter Heating…
Women could be owed State Pension back payments due to historical DWP errors
Older women could be due State Pension back payments due to historical DWP errors Older women in the UK could be due payments as a result of historical Department for Work and Pensions errors. This issue mainly affects women who claimed Child…
RCBC makes InstaPay transfers free as banks cut digital payment fees
MANILA, Philippines – Rizal Commercial Banking Corporation (RCBC) will waive most InstaPay fees starting July 4, making it the latest bank to eliminate or lower digital transfer costs after similar moves by Bank of the Philippine Islands…
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