Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Mortgage method could 'shave years off' with 'small payments'
Mortgage brokers say that far too few borrowers capitalise on the opportunity to make overpayments on their mortgage, which can substantially diminish the long-term cost of what is most people's largest debt. One broker described the overpayment as…
Benefits and one-off payments only families in Scotland can claim
Families across Scotland may be entitled to a wide range of benefits, grants and one-off payments designed to help with the cost of raising children. Low income households could also be eligible for help with heating bills and Council Tax. Support…
Prompt Injection Attacks Trick AI Agents Into Making Crypto Payments
Threat actors are using prompt injection attacks embedded in malicious websites and manipulated search results to trick AI agents into making payments or trusting fraudulent cryptocurrency platforms. Zscaler says it identified two campaigns relying…
Andy Burnham confirms £988 DWP state pension monthly payments if he becomes PM
Andy Burnham has confirmed that state pensioners will receive £988 in monthly payments from next April. The new Labour Party MP for Makerfield has pledged to maintain the state pension triple lock should he become prime minister. The…
Parents urged to apply for £330 one-off payment to help cover school costs
Parents across Scotland can now apply for a payment worth more than £330 to help with the costs of preparing a child for primary school. Applications for Best Start Grant School Age Payment opened on June 1 and eligible families can receive a…
People over State Pension age due up to £388 in one-off payments this year
People over State Pension age could be due a series of extra payments and energy bill help during the winter months from the Scottish Government and the Department for Work and Pensions (DWP). There are four cash payments and one which is paid…
The future of payment fraud could be automated
Payment fraud is becoming more organized as criminal groups use fake websites, large-scale operations, and, in some cases, forced labor to steal money and personal information. Advances in agentic AI could automate many stages of payment fraud…
Andy Burnham confirms £988 monthly payments for state pensioners
Andy Burnham has confirmed £988 monthly payments for state pensioners are coming next April. The new Labour Party MP for Makerfield has confirmed he will keep the state pension triple lock when he becomes prime minister. The PM-in-waiting…
DWP forcing state pensioners to surrender payments amid September deadline
The Department for Work and Pensions has issued a warning for state pensioners who face having to surrender their Winter Fuel Allowances this winter. The DWP has taken to X, formerly Twitter, where it has issued a warning, writing: “If your…
Save thousands and shave years off' mortgages with 'small payment
Mortgage brokers say too few borrowers take advantage of the ability to make overpayments on their mortgage, which can significantly reduce the long-term cost of what is most people's largest debt. One broker called the overpayment an 'underused…
![koreaherald.com - Nam Kyung-don - [Graphic News] Samsung Wallet remains Korea's top payments app](https://wimg.heraldcorp.com/svc/series/202412/3bfa455d-da6f-4c26-a245-a4d732359431.png)
[Graphic News] Samsung Wallet remains Korea's top payments app
Samsung Wallet retained its position as South Korea's most-used mobile payments app in May, attracting more than 19 million monthly active users, while major rivals such as Kakao Pay, KB Pay and Naver Pay posted record user numbers, intensifying…
24% of RTP Network Holdouts Say Current B2B Payment Methods Work Well Enough
That is one of the more useful takeaways from the PYMNTS Intelligence report, “ Ready and Willing: B2B Payments Are Headed for Real-Time Rails. Here's How They're Getting There.” The report finds that instant payments…
£9800 DWP bereavement payment now extended to include more families
Bereavement Support Payment is designed to help people after the death of a husband, wife, civil partner or, in some circumstances, a partner they were living with. The payment replaced several older bereavement benefits, including Bereavement…
Crypto Payments Firm Mesh Eyes $2 Billion Valuation Backed by Binance
That's according to Axios, which says the round could value Mesh at up to $2 billion. The report, citing sources familiar with the matter, noted that the funding round comes amid increasing demand for digital asset-to-fiat transfer tools, payment…
Ajman Bank taps AFS for merchant acquiring and payments rollout
UAE-based Ajman Bank has signed a memorandum of understanding (MoU) with Arab Financial Services (AFS) to work together on merchant acquiring and broader payments and banking capabilities. The agreement covers payment issuing and processing…
Receive a Daily briefing on Payments Industry News
Get Started