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 to make one-off payment to millions next month
The Department for Work and Pensions (DWP) has explained who will qualify for a one-off extra payment next month. Each year, the DWP distributes a Christmas bonus to pensioners and those receiving certain benefits. First introduced back in 1972…
Global Payments: Why I Am Not Buying At A Forward P/E Of ~6x
Dilantha De Silva 13.37K Followers Global Payments stock fell ~12% after take-private talks collapsed, leaving shares at approximately 6x forward earnings. Despite strong margins, cash flow and buybacks, Global Payments needs a separate catalyst to…
December Supplemental Security direct payment up to $994 goes out in 17 days
The December 2026 Supplemental Security Income payments, worth up to $994 for an individual filer, will be sent to recipients in 17 days. SSI payments are typically issued on the first day of each month, or on the last business day of the prior…
Bank of England sets spring handover for UK payments design
Britain's planned retail payments infrastructure will move to industry-led delivery after a design handover in spring 2027, Victoria Cleland, chair of the Bank of England's Retail Payments Infrastructure Board, said. The handover will allow an…
HMRC sending bumper £216 payments to households in November
Some Child Benefit claimants will get double payments in November HM Revenue and Customs (HMRC) will be sending bumper payments of £216.40 to some UK households claiming Child Benefit in November. Parents or guardians who are responsible for…
Trust ChatGPT With Your Payments? OpenAI Rolls Out ChatGPT Wallet
OpenAI has rolled out a new tool, ChatGPT Wallet, which allows users to have their AI agents make purchases with their credit or debit card, without needing to reenter their card details every time. Users add their card once, then approve each…
Older state pensioners handed confirmed £192.10 weekly payment
Older state pensioners will be handed £375 Older state pensioners will be handed a confirmed £374.40 cash boost by the DWP, the government has confirmed. The older state pensioners' basic state pension rate of payments will increase…
Winter Fuel Payment warning as some pensioners told to claim £300
Some pensioners will need to claim their Winter Fuel Payment worth up to £300 this winter Pensioners could miss out on up to £300 in Winter Fuel Payments if they fail to make a claim before the deadline. While most eligible people will…
DWP Christmas Bonus - who qualifies for the £10 one-off payment
The Department for Work and Pensions (DWP) has clarified eligibility criteria for a one-off additional payment due next month. Annually, the DWP issues a Christmas bonus to pensioners and individuals claiming particular benefits. Initially launched…
DWP confirms five groups who will not qualify for Winter Fuel Payment
The Department for Work and Pensions (DWP) has confirmed the groups of people that will not receive the Winter Fuel Payment this year. The Winter Fuel Payment is a support payment of up to £300 for eligible pensioners to help them stay warm…
DWP code to check for on bank statement as millions in UK to receive payment
Millions of people across the UK can expect a payment from the Department for Work and Pensions (DWP) in the coming weeks. Each year, the DWP pays a tax-free £10 bonus at Christmas to people who receive government benefits. To receive the…
State pensioners over 80 could be forced to hand back £300 DWP payment
Some state pensioners could have to pay back up to £300 Some state pensioners over the age of 80 may have to pay back the Winter Fuel Payment over the coming months. The Department for Work and Pensions (DWP) will pay between £100 and…
Illinois Family Dollar customers to receive payments from $63M settlement over price discrepancies
Illinois customers will soon receive payments after Family Dollar agreed to a $63 million settlement over allegations of price discrepancies at its stores, officials announced Friday. Illinois, the Federal Trade Commission and 16 other states sued…
Cold Weather Payments triggered - £25 per week for eligible households
Britons may be entitled to a £25 financial boost as temperatures plummet over the coming days. The Government provides Cold Weather Payments to households requiring assistance when the mercury falls below freezing during the winter months…
Exact temperature Cold Weather Payments triggered - £25 extra each week
Eligible Brits will automatically receive the payments Brits could be eligible for a £25 cash boost as temperatures take a plunge over the next few days. The Government hands Cold Weather Payments to households in need of support when the…
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