Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
DWP and HMRC May payment dates latest for PIP and Universal Credit
Brits expecting a State Pension or benefit payment may receive their money at a different time than usual this month. HM Revenue and Customs (HMRC) has confirmed that certain scheduled payments due on Monday, May 25 will be issued early, with the…
JPMorgan, Citi Sued for Frozen Payments to Sanctioned China Firm
JPMorgan Chase & Co. and Citigroup Inc. were sued by a Chinese energy company for freezing payments meant for a firm that later came under US sanctions, a rare legal dispute that underscores the intensifying regulatory crossfire between Washington…
Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million
LONDON (AP) — Owners of some iPhones are in line to get cash payments of up to $95 from Apple after the company on Tuesday reached a $250 million settlement in a class-action lawsuit for false advertising of its artificial intelligence…
Is a larger down payment worth it in today's mortgage rate environment? What experts say
While it's relatively common for mortgage rates to change, at least marginally, on a regular basis, overall, mortgage rates have been hovering in the mid- to low-6% range for several months now. And, while borrowers may be hoping for the rate…
Global Payments: Q1 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — Global Payments Inc. (GPN) on Wednesday reported a loss of $1.8 billion in its first quarter. The Atlanta-based company said it had a loss of $6.59 per share. Earnings, adjusted to account for…
Car payments squeeze Americans as auto debt hits $1.68 trillion, report finds
Total auto debt soared to $1.68 trillion at the end of 2025 — a 37% increase since late 2018, according to a new analysis by The Century Foundation and Protect Borrowers, provided exclusively to CNBC The average origination balance for an…
Global Payments (GPN) Q1 2026 Earnings Transcript
Wednesday, May 6, 2026 at 8 a.m. ET President and Chief Executive Officer — Cameron Bready Senior Executive Vice President and Chief Financial Officer — Joshua Whipple President, Global Payments — Robert Cortopassi Need a quote…
Bhooth Bangla Crew Members Allege Non-Payment Of Dues Of ₹48 Lakh, Say 'Top Vendors Are Prioritised
Bhooth Bangla, starring Akshay Kumar, has been performing well at the box office. The film, which was released on April 10, has surpassed the ₹100 crore mark in 20 days. Amid the success, the crew members rose in uproar alleging non payment…
Ainley Top housing plan 'that will ruin views' approved with £250,000 payment
Plans for a 46-home development at Ainley Top have been approved following the agreement of £250,000 in legal obligations. A portion of the funding, which forms a condition of the planning approval, will be allocated towards primary school…
Govt. draws flak over Rs. 500 mn excess Aswesuma payments
Close on the heels of the USD 2.5 mn theft from the Treasury, the Welfare Benefits Board has reported payment of nearly Rs 500 mn in excess to Aswesuma beneficiaries. Public action group ‘Free Lawyers' has raised the latest fiasco to come to…
Apple $250 million settlement: How to get your payment up to $95 for Apple Intelligence delays
This week, Apple settled a $250 million class action lawsuit over claims that it misled iPhone owners about the arrival of Apple Intelligence and an overhauled Siri. Thanks to the settlement, up to 36 million iPhone owners are eligible for a payout…
Bermuda pushes stablecoin payments with USDC airdrop as it courts crypto firms, regulators
May 6, 2026, 5:16 p.m. 2 min read Bermuda is aiming to show an example how to move crypto into everyday commerce without breaking the financial system, Premier David Burt said onstage at Consensus Miami 2026 on Wednesday. Burt said the tiny island…
UK Probes PayPal, Visa, Mastercard as FX and CFD Payment Rails Come Into View
!'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} !'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} The UK's FCA is investigating PayPal, Visa, and…
Global Payments anticipates $13.80-$14.00 FY2026 EPS while targeting $7.5B capital returns through 2027 (NYSE:GPN)
Worldpay integration drove Q1 revenue growth, early synergy progress, and cross-selling momentum, validating the acquisition positively so far. Risks include Middle East conflict affecting travel, softer tax payment volumes due to reforms…
Assessment update for people on Adult Disability Payment or other benefits
Findings from a recent Freedom of Information (FOI) request confirmed that ‘assessments' for people claiming disability benefits in Scotland technically no longer exist. People applying for Adult, Child or Pension Age Disability Payment, may…
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