Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The U.K. Is Set To Spend $183 Billion on Pensions This Year. Nigel Farage Vows To Keep Hiking Payments.
The U.K. will spend nearly 138 billion pounds ($183 billion) on retiree benefits this year, more than its entire education or defense budgets. Despite the eye-watering cost, British politicians are pledging to keep funding it. On Thursday, Reform…
XRP Ledger's Payments Drop by 70% in 24 Hours: What to Expect Next Week
Weakening on-chain activity and a precarious price structure are two factors that XRP is dealing with, both of which indicate ongoing short-term pressure. The dramatic decrease in XRP Ledger payment volume, which fell by about 70% in just one day…
New claims for Adult Disability Payment most likely to get ongoing award
The latest figures from Social Security Scotland show at the end of January, some 498,090 people were receiving Adult Disability Payments (ADP), the devolved benefit that has now replaced all new and existing claims for Personal Independence…
Young people on disability benefits to get extra £265 payment later this year
Families of nearly 45,000 disabled children and young people living in Scotland will receive a one-off payment later this year to help cover the cost of higher winter energy bills. The Scottish Government recently confirmed the Child Winter Heating…
Check for £900 Council Tax discount before first payment is due this month
New Council Tax bills for 2026/27 have now been sent by email or post to households across Scotland with most local authorities set to increase the annual amount this year. However, there is a simple way to instantly reduce your monthly Council Tax…
New DWP payment uprating delay for people on State Pension, PIP or benefits
More than 13 million people on the New or Basic State Pension and those on benefits delivered by the Department for Work and Pensions (DWP) will see the weekly payment rate increase on Monday, April 6. However, many people may not be aware that…
One Inc and ManageMy Power Digital Payments for Insurance
This collaboration brings together One Inc's ClaimsPay and PremiumPay network, which enables insurance-native digital payments, and ManageMy's platform for insurance carriers, which enables digital experiences across sales, service and claims, the…
XRP News: SBI Ripple Asia Teams Up with DSRV for Cross-Border Payments
XRP News: Two of Asia's most prominent blockchain-focused firms SBI Ripple and DSRV have started a joint research project to explore how blockchain can improve remittance and payment systems in Japan and South Korea. They teamed up to make…
Digital Money Has a New Payment Standard and It's Not Built For Humans
On Thursday (April 2), those legacy payments got an autonomous upgrade with the transfer of the x402 protocol to the Linux Foundation, a nonprofit organization focused on open source. At the center of this initiative is an unlikely candidate: HTTP…
Iranian Oil cargo to India diverts to China amid payment dispute
An Aframax tanker loaded with around 600,000 barrels of Iranian crude oil from Kharg Island, which was on its way to Vadinar (Gujarat), has now changed course and is headed to China. This would have been the first Iranian crude cargo delivered to…
Nebraska Senate candidate restructures campaign after complaint over payments to family: report
NEWYou can now listen to Fox News articles! U.S. Senate candidate in Nebraska Dan Osborn is reportedly restructuring his campaign following complaints he has been improperly steering funds for personal use to his relatives, including his wife, who…
90% of Top Credit Unions Win SMB Loyalty With Digital Payments Tools
That is the underlying signal in the PYMNTS Intelligence and Velera report, “ Credit Union Innovation Readiness: The Real Story Behind Member Churn.” The report finds that most small- to mid-sized business (SMB) members remain loyal…
Malaysia court sets May 7 to hear Najib's stay of execution bid on $1.6b payment to former 1MDB unit
Sign up now: Get insights on the biggest stories in Malaysia Published Apr 03, 2026, 03:55 PM KUALA LUMPUR – The High Court has fixed May 7 to hear former prime minister Najib Razak's application for a stay of execution on the US$1.3 billion…
How Does Payment Settlement Work?
You tap your card at checkout, hit “pay” in an app, or send money to a supplier, and the screen flashes “payment successful” in seconds. It feels like the money moved instantly, but the merchant informs you they haven't…
Clash between Libya's religious and secular authorities regarding the permissibility of surcharging for e-payments
A clash is occurring between Libya's secular and religious orders as to the permissibility of merchants imposing an extra charge for receiving payments, for goods or services, electronically versus in cash. Last Wednesday (1 April), the Libyan…
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