Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Two groups of people 'must apply' for £300 2026 winter fuel payment
Most people get the winter fuel payment automatically - however there are two groups who need to apply and won't get it otherwise. The Winter Fuel Payment is an annual, tax-free lump sum provided by the UK government to help older people with…
California lawmaker aims to protect reparations payments to Blacks from taxation
A California lawmaker is trying to make sure reparations payments to Black residents do not get taxed if the effort becomes a reality. 'For generations, descendants of formerly enslaved people have been denied both justice and economic…
DWP confirms automatic £300 payments for state pensioners
The 2026/27 Winter Fuel Payment is worth between £100 and £300 The Department for Work and Pensions (DWP) has confirmed automatic payments of up to £300 for state pensioners this winter. The money is a Winter Fuel Payment that…
Coinbase To Launch Token-Backed Mortgage Down-Payments This Summer
Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage…
DWP and HMRC confirm latest state pension rules - age rise, June payments and £12k warning
With the tax allowance frozen at £12,570 while pensions rise with inflation, an estimated 9.3 million retirees could face income tax charges by 2030. The full state pension is predicted to exceed the personal allowance threshold by…
DWP confirms two groups must apply for the £300 Winter Fuel Payment
Most people receive the winter fuel payment automatically - however there are two groups who must apply and will miss out if they fail to do so. The Winter Fuel Payment is a yearly, tax-free lump sum provided by the UK government to assist elderly…
DWP benefit payment dates for June 2026
Households are being advised to check what support is still accessible to them as the DWP has confirmed benefit payment dates for June. This follows warnings to families about another substantial increase in bills after energy regulator Ofgem…
Consumer Reports warns drivers to act early on unaffordable car payments
Consumer Reports warns drivers to act early on unaffordable car payments Consumer Reports explains how reaching out to your lender early may help you find options before late fees, credit damage or repossession become bigger problems. FOR MORE…
Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
Long-time crypto critic U.S. Rep. Brad Sherman (D-CA-32) took aim at government stablecoin payments during a House hearing on banking regulators Thursday, arguing that they would facilitate tax evasion. During the hearing on Oversight of Prudential…
Hackers abused Stripe and Google Tag Manager to launch a credit card theft campaign and host stolen payment details
Attackers abuse Stripe API via Google Tag Manager Malware skims checkout data from compromised Magento sites Stolen card details exfiltrated through api.stripe.com Cybercriminals have turned Stripe into a malware hosting platform, in a new attack…
Amid budget cuts, South Portland school board approves $12K payment for assistant superintendent
South Portland teachers are upset over a vote by the school board on Thursday to give Assistant Superintendent Johanna Prince an additional $12,000, even as the school district faces the elimination of 80 staff positions, according to Sarah Gay…
'I'm down to one option': bank customers left frustrated by latest closures
With its windows blanked out, a poster pinned to the door of the Staines branch of Lloyds Bank tells its customers they can do their “everyday banking with our mobile banking app”. But not today. On Wednesday, when the Guardian…
What Financial Services Leaders Need To Know About Tokenized Infrastructure
Ravi Chamria is the cofounder and CEO of Zeeve Inc. The financial services industry has been making strides toward tokenization over the last few years. Financial institutions are investing in researching use cases and launching pilots to…
How a Starbucks marketing stunt spiralled into mass boycotts in South Korea
It was a PR nightmare: customers smashing Starbucks branded tumblers and mugs as fans deleted loyalty apps and cashed out prepaid balances. Amid the uproar, government ministries cut ties with the coffee chain and apology notices were pasted on…
Mortgage and refinance interest rates today, Saturday, June 6, 2026: Fixed rates on the rise
According to rates from the Zillow lender marketplace, fixed mortgage rates are on the rise compared to yesterday. The current 30-year fixed rate rose by 5 basis points to 6.38%, the 20-year fixed rate increased by 13 basis points to 6.39%, and the…
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