Payments Industry News

A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

newsweek.com - Aliss Higham - When are September 2026 SNAP benefit payments coming?
When are September 2026 SNAP benefit payments coming?
Newsweek

Millions of Americans who receive benefits through the Supplemental Nutrition Assistance Program (SNAP) will soon begin collecting the September round of monthly payments, with distribution dates varying by state. SNAP, commonly referred to as food…

bbc.co.uk - Kevin Peachey - Mobile payments on the rise but cash decline slows
Mobile payments on the rise but cash decline slows
BBC

Consumers are increasingly relying on their mobile phone to make payments rather than carrying bank cards, new data shows. Two-thirds of adults in the UK were registered with at least one mobile payment service last year, according to an annual…

scmp.com - Daisy Wu - Use of yuan hits 6-month high in Hong Kong's fast-payment system
Use of yuan hits 6-month high in Hong Kong's fast-payment system
South China Morning Post

Hong Kong's fast-transfer payments denominated in yuan surged to a six-month high in July, signalling accelerating adoption of real-time cross-border retail payment channels even as mainland Chinese authorities maintain tight controls on capital…

winnipegfreepress.com - The Canadian Press - Homeowners managing higher mortgage payments despite concerns: survey
Homeowners managing higher mortgage payments despite concerns: survey
Winnipeg Free Press

Email Address: I consent to the Terms and Conditions, Cookie and Privacy Policies. I consent to CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: One year of digital access for only $205 * Enjoy unlimited…

independent.co.uk - Vicky Shaw - Cash expected to make up just 4% of payments by 2035 as digital innovation grows
Cash expected to make up just 4% of payments by 2035 as digital innovation grows
The Independent

More than nine in 10 (91%) UK adults were using least one form of online, mobile or telephone banking in 2025, according to a banking and finance industry body. The proportion increased from 88% of adults who were using remote banking in 2024, UK…

cnbc.com - Kif Leswing - Apple overhauls Europe app store fees to resolve payments clash
Apple overhauls Europe app store fees to resolve payments clash
CNBC

Apple on Tuesday announced that alternative, third-party app stores in the European Union will be charged a 5% commission on in-app purchases as part of a new system of software commissions for iPhone apps. The iPhone maker says its new fee…

smh.com.au - David Swan - AI bots will turn online shopping on its head, says payments giant
AI bots will turn online shopping on its head, says payments giant
The Sydney Morning Herald

Purchases made from start to finish by artificial intelligence assistants are on track to outnumber those made by people clicking through websites, according to the president of one of the world's largest payments companies. John Collison, the…

examinerlive.co.uk - Tom Kershaw, James Rodger - DWP PIP plan to replace cash payments in banks with 'reimbursed' expenses
DWP PIP plan to replace cash payments in banks with 'reimbursed' expenses
Yorkshire Live

Reform's proposals to reduce the expanding Department for Work and Pensions (DWP) expenditure could result in claimants having cash payments substituted with council-reimbursed expenses. Once fully implemented, approximately 2.89 million PIP and UC…

rediff.com - Text Feed - Reserve Bank Of India Faces 'Cash Paradox' Despite Digital Payment Growth
Reserve Bank Of India Faces 'Cash Paradox' Despite Digital Payment Growth
Rediff.com

The Reserve Bank of India is grappling with a significant 'cash paradox,' where physical currency in circulation continues to rise even as digital payment adoption surges, posing a complex challenge for future currency demand forecasting and…

walesonline.co.uk - Neil Shaw - Future of cash in UK explained as it will make up just 4pc of payments
Future of cash in UK explained as it will make up just 4pc of payments
Wales Online

More than nine in 10 UK adults were using least one form of online, mobile or telephone banking in 2025, according to a banking and finance industry body, as cash use fell last year and is expected to decrease further over the coming decade. Around…

pymnts.com - PYMNTS - WEX Says Embedded Payments Are Easier to Launch Than to Scale
WEX Says Embedded Payments Are Easier to Launch Than to Scale
PYMNTS.com | Breaking News, Trends and Analysis

Embedded payments can look simple at launch. A company identifies a customer pain point, integrates a payment capability and begins moving transactions through an experience it already controls. Then the challenges come when the embedded finance…

cornwalllive.com - Lee Trewhela - Space boss defends employing ex councillor who got 'secret payment
Space boss defends employing ex councillor who got 'secret payment
Cornwall Live

A company CEO has defended employing a former Cornwall Council cabinet member who was at the centre of a political controversy regarding a role at Spaceport Cornwall, where he is still based. There has been a call for an investigation into why…

examinerlive.co.uk - Alex Evans, Tom Kershaw - DWP £114 payment change for state pensioners in August with 4 conditions set
DWP £114 payment change for state pensioners in August with 4 conditions set
Yorkshire Live

State pensioners who receive a £114 DWP benefit due to a widespread condition could find their payments landing three days ahead of schedule, on top of their regular state pension. The August Bank Holiday will prompt the DWP to issue early…

newswire.ca - Payment Asia Group Secures Canadian MSB Licence, Group's AlphaPay Completes Motion Pay Integration
Payment Asia Group Secures Canadian MSB Licence, Group's AlphaPay Completes Motion Pay Integration
CNW

Strategic acquisition, integration and Canadian MSB licence strengthen Payment Asia Group's North American presence and cross-border payment capabilities HONG KONG, Aug. 18, 2026 /CNW/ -- Payment Asia Group, a diversified fintech holding company…

dailyrecord.co.uk - Linda Howard - DWP update for all pensioners due Winter Fuel Payment this year
DWP update for all pensioners due Winter Fuel Payment this year
Daily Record

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…

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