Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Cash App's new payment wand is pure whimsy
Cash App is introducing a new way of paying: waving a fairy-like wand. The technology is not magic. Instead, it is one of Cash App's NFC-enabled tags, which lets users complete tap-to-pay transactions without a traditional card or phone. The $25…
Non-league side bags unlikely FIFA World Cup payment to lift transfer embargo
Sixth-tier Braintree Town are set to land over £175,000 from FIFA during the World Cup. The tournament is due to get underway next week, with Mexico's showdown with South Africa set to act as the curtain-raiser. FIFA have already announced…
Coinbase To Launch Token-Backed Mortgage Down-Payments This Summer
Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage…
DWP and HMRC confirm latest state pension rules - age rise, June payments and £12k warning
With the tax allowance frozen at £12,570 while pensions rise with inflation, an estimated 9.3 million retirees could face income tax charges by 2030. The full state pension is predicted to exceed the personal allowance threshold by…
Older state pensioners given £1,662 payments every four weeks with AP rule
Older state pensioners can get a massive £1,661 every four weeks Older state pensioners usually get paid less by the DWP in their state pension payments than younger state pensioners on the new state pension. But there is one big exception…
The hidden ways debt gets more expensive - even when you're making payments
A famous New York real estate mogul and reality TV star once proudly declared, “I love debt. I love playing with it.” While the 1% can certainly use debt as a financial tool, if you finance daily purchases at 22% interest only to pay…
Consumer Reports warns drivers to act early on unaffordable car payments
Consumer Reports warns drivers to act early on unaffordable car payments Consumer Reports explains how reaching out to your lender early may help you find options before late fees, credit damage or repossession become bigger problems. FOR MORE…
Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
Long-time crypto critic U.S. Rep. Brad Sherman (D-CA-32) took aim at government stablecoin payments during a House hearing on banking regulators Thursday, arguing that they would facilitate tax evasion. During the hearing on Oversight of Prudential…
Hackers abused Stripe and Google Tag Manager to launch a credit card theft campaign and host stolen payment details
Attackers abuse Stripe API via Google Tag Manager Malware skims checkout data from compromised Magento sites Stolen card details exfiltrated through api.stripe.com Cybercriminals have turned Stripe into a malware hosting platform, in a new attack…
Attendance Allowance rules older people should know or payments could stop
More than 1.7 million pensioners across Great Britain are now receiving Attendance Allowance, a tax-free, non-means-tested benefit for people over 66. However, claimants must report certain changes in circumstances immediately - or risk having…
Nearly half a million Brits missing out on higher State Pension payments in 2026
The New and Basic State Pensions have increased for most people over 66, however, nearly half a million retirees will not receive the higher payments during the 2026/27 financial year. The annual uprating means those on the full New State Pension…
Ethereum Dominates Stablecoin Growth While Tron Powers High-Volume Payments
Ethereum has added $102.4 billion in stablecoin supply over the past three years, bringing its total to roughly $158–177 billion, according to Token Terminal data. The network now hosts about half of the global stablecoin market tracked by…
Amid budget cuts, South Portland school board approves $12K payment for assistant superintendent
South Portland teachers are upset over a vote by the school board on Thursday to give Assistant Superintendent Johanna Prince an additional $12,000, even as the school district faces the elimination of 80 staff positions, according to Sarah Gay…
Exact Winter Fuel Payment eligibility birth date confirmed for pensioners
The Department for Work and Pensions has confirmed a key date to help older people establish if they will be eligible for this year's Winter Fuel Payment. It has emerged that a cut-off date in June has been set in order to qualify for the payment.
Fintechs Seek Safe Harbour Shield
'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.' Fintech and payments firms are drafting a safe harbour framework to protect compliant licensed entities from regulatory action. The…
Receive a Daily briefing on Payments Industry News
Get Started