Payments Industry News

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

scmp.com - Mia Nurmamat - Payment arrears and 'involution' still slam traditional China industries: survey
Payment arrears and 'involution' still slam traditional China industries: survey
South China Morning Post

Many of China's private firms continue to face tough operating conditions, including intense market competition, persistent payment delays and weak domestic demand, though technology firms have shown stronger momentum, according to fresh survey…

forbes.com - Sean Lee - Can Bitcoin Miners Become Part Of The Payment Stack?
Can Bitcoin Miners Become Part Of The Payment Stack?
Forbes

Cashier in a warehouse that receives payments and transactions in bitcoin. Bitcoin began as peer-to-peer electronic cash, but the market gave it a different job. Over the past decade, Bitcoin has become crypto's benchmark investment asset:…

theguardian.com - Anne Davies - Secret tape recordings and 'sham' payments: the Liberals' internal ideological war laid bare
Secret tape recordings and 'sham' payments: the Liberals' internal ideological war laid bare
The Guardian

If you ever thought branch stacking was a harmless game played by young, ambitious political operatives seeking to advance within the party, think again. On Monday, on the first day of the corruption watchdog's inquiry into operation Rosny, an…

newsweek.com - Aliss Higham - Social Security payments of up to $994 will arrive this week-what to know
Social Security payments of up to $994 will arrive this week-what to know
Newsweek

Social Security benefits are paid to millions of Americans each month. This week, Supplemental Security Income (SSI) payments will be made to relevant beneficiaries across the United States. Supplemental Security Income (SSI) is a federal benefit…

cbsnews.com - Angelica  Leicht - Can you have debt forgiven before you miss a payment?
Can you have debt forgiven before you miss a payment?
CBS News

Household budgets have been under increasing amounts of pressure recently as sticky inflation, elevated borrowing costs and record levels of consumer debt squeeze many people's budgets to their limits. That, in turn, is putting many borrowers at…

afr.com - Paul Karp - Phone taps and 'sham' payments to Liberals in ICAC bombshell hearing
Phone taps and 'sham' payments to Liberals in ICAC bombshell hearing
Australian Financial Review

Phone taps of developer Jean Nassif boasting of his influence over the former NSW Coalition government and allegations of payments to Liberal operatives to take over the NSW division with Christian conservatives have been aired on an explosive…

express.co.uk - Claire Schofield - DWP confirms early £952 payments for state pensioners in August
DWP confirms early £952 payments for state pensioners in August
Daily Express

Pension Credit will be paid early on Friday, August 28 due to the summer bank holiday The Department for Work and Pensions (DWP) has confirmed early payments of up to £952 for some state pensioners in August due to the summer Bank Holiday.

prweb.com - MagTek - Tabit Unifies Card-Present and eCommerce Transactions, Strengthening Its Payments Foundation with MagTek Hardware and Magensa Unigate Gateway
Tabit Unifies Card-Present and eCommerce Transactions, Strengthening Its Payments Foundation with MagTek Hardware and Magensa Unigate Gateway
PRWeb

As Tabit's footprint grew, the opportunity to simplify became clear: a single, unified partner for both hardware and gateway services would streamline development, speed up certification for new processors, and give the team a clearer picture of…

rediff.com - Senjo M R - Indian diamond merchant abducted in Mali; freed after ransom payment
Indian diamond merchant abducted in Mali; freed after ransom payment
Rediff.com

Discover how Indian-origin diamond businessman Dhiru Ramani was freed in Mali after his family reportedly paid a substantial ransom, highlighting the risks faced by Indian nationals abroad. Indian-origin diamond businessman Dhiru Ramani was freed…

yahoo.com - Caroline Lubinsky - Woman, 31, Says Sister Guilt-Tripped Her Into Cosigning $15,000 In Medical Debt - Then Stopped Making Payments Six Months Later
Woman, 31, Says Sister Guilt-Tripped Her Into Cosigning $15,000 In Medical Debt - Then Stopped Making Payments Six Months Later
Yahoo!

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A woman, 31, cosigned a $15,000 medical financing loan for her sister's fertility treatments after weeks of pressure and tears over family dinners.

pymnts.com - PYMNTS - One Inc Says the Best Insurance Payment Is the One Nobody Notices
One Inc Says the Best Insurance Payment Is the One Nobody Notices
PYMNTS.com | Breaking News, Trends and Analysis

For insurers, payments have long served as the moments when policyholders notice the mechanics of the relationship. A premium must be collected. A refund must arrive. Those transactions often define the customer's impression of the carrier. Kishore…

thehindubusinessline.com - PhonePe bets on lending to power growth as payments monetisation remains elusive
PhonePe bets on lending to power growth as payments monetisation remains elusive
BusinessLine

PhonePe is increasingly leaning on its lending business to strengthen its growth narrative ahead of its planned public listing, as monetisation of its dominant UPI payments business remains constrained. The Walmart-backed fintech is now…

birminghammail.co.uk - Richard Guttridge - Andy Burnham confirms £470 payments for state pensioners
Andy Burnham confirms £470 payments for state pensioners
Birmingham Live

Millions of pensioners will see their income rise by up to £470 this year, the Government says. It follows an announcement that over-65s will not have to pay income tax if the state pension is their only source of income. Andy Burnham's…

birminghammail.co.uk - James Rodger - Andy Burnham to attach two conditions to DWP benefits payments in crackdown
Andy Burnham to attach two conditions to DWP benefits payments in crackdown
Birmingham Live

Young people face being stripped of welfare payments unless they do training OR voluntary work under new Labour Party Prime Minister Andy Burnham. Mr Burnham is plotting a crackdown on youth sickness benefits which are paid out by the Department…

khaleejtimes.com - Salma El Omla - Abu Dhabi Police warn of surge in online fraud scams during salary payment period
Abu Dhabi Police warn of surge in online fraud scams during salary payment period
Khaleej Times

Abu Dhabi Police have warned residents of a rise in electronic fraud and financial scams during the salary payment period, urging the public to remain vigilant, avoid suspicious links and misleading offers, and deal only with official and trusted…

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