Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How technology is reinventing global payments
In a rapidly evolving financial landscape, technology is transforming how money moves—making payments of tomorrow faster, smarter, and easier than ever before. Consider this snapshot of the near future: You're in a taxi on the other side of…
Lloyds Bank issues 40-day warning over payments into accounts
Lloyds Bank has provided an update over a £250 payment into customer accounts. The banking group clarified its procedures after an question from a customer about when their payment will land. The person questioned the bank on social media: 'I…
New contactless payment rule from March 19, 2026, affects all cards
Less than half of banks and building societies examined by a star ratings website currently permit customers to determine their own contactless card limit. Defaqto conducted the analysis before rule changes come into force from March 19, which will…
Global Payments Inc. stock underperforms Thursday when compared to competitors
Shares of Global Payments Inc. GPN slipped 1.24% to $80.25 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.28% to 6,861.89 and Dow Jones Industrial Average DJIA falling…
Share of cashless payments in Russia hits 88 pct in 2025
MOSCOW, Feb. 19 (Xinhua) -- The share of cashless payments in Russia reached 88 percent at the end of 2025, Bank of Russia's director of the National Payment System Department Alla Bakina said Thursday. She noted earlier in an interview with TASS…
Farmer Hailed as Hero for Rejecting Huge Payment to Turn His Land Into a Giant Data Center
The immense hype surrounding AI has caused enormous data centers to crop up across the country, triggering significant opposition. It's not just the loss of land: enormous power needs are pushing the grid into meltdown and driving up local…
Lloyds Bank update over £250 payments going out to customers
Lloyds Bank has issued an update about a payment going out to customers Lloyds Bank has issued an update about a one-off payment of £250 going out to select customers. The group explained its processes after a question from a customer about…
Nationwide customers issued 7-day warning over £175 payments
Nationwide Building Society has issued an update about bonus payments for customers Nationwide Building Society has explained some of the rules around a bonus payment for customers. The issue came to light after a customer raised an urgent query…
Exclusive-A palace in Marrakesh: How Schwab moved $27.7 million in payments for Epstein days before his arrest
LONDON/WASHINGTON/TORONTO, Feb 19 (Reuters) - Charles Schwab wired about $27.7 million on behalf of Jeffrey Epstein to a realtor in Morocco as the disgraced financier tried to purchase a palace in the 10 days before his 2019 arrest…
Epstein's $35m Schwab payments for Marrakesh palace
LONDON – Charles Schwab wired about US$27.7 million (S$35 million) on behalf of Jeffrey Epstein to a realtor in Morocco as the disgraced financier tried to purchase a palace in the 10 days before his 2019 arrest, including one transfer from…
Whole Foods Ditching Its 'Dystopian' Pay-By-Palm Biometric Payment Option
Whole Foods Market is shutting down its palm-scan payment system nationwide, removing the devices from more than 500 stores by June 3 after shoppers largely ignored them. The chain, owned by Amazon, had pitched the feature as a frictionless way to…
Lawmakers move to keep athlete payments secret | Arkansas Democrat Gazette
COLUMBIA, S.C. -- One by one, South Carolina senators stood up at the Statehouse this week, saying they didn't want to wade into the rules about paying college athletes, but they couldn't bear to see their Gamecocks or Tigers left behind on the…
Without nationwide rules, South Carolina lawmakers move to keep college athlete payments secret
COLUMBIA, S.C. (AP) — One by one, South Carolina senators stood up at the Statehouse this week, saying they didn't want to wade into the rules about paying college athletes, but they couldn't bear to see their Gamecocks or Tigers left behind…
Anupam Mittal demands payment from Shark Tank India 5 pitcher to work together: 'Aapko jhelne ke liye'
4 min read New Delhi Make us preferred source on Google Shark Tank India is currently in the midst of its fifth season and in the latest episode, the judges met with a plant-based meat company based out of Faridabad. Simarjeet Singh and Rupinder…
Three groups of pensioners won't get new £241 a week payments
The New and Basic State Pensions are due to increase by 4.8 per cent from April 6, whilst additional State Pension components will go up by 3.8 per cent. The yearly uprating means those receiving the full New State Pension will get £241.30…
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