Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
$3,000 payments offered to tenants with vehicles trapped in unsafe Glen Burnie building garage
A $3,000 payment will be provided to help cover transportation expenses for people whose vehicles have been trapped for weeks in the parking garage beneath the Empire Towers building in Glen Burnie, Maryland, which was evacuated and deemed unsafe…
Social Security payments of up to $5,181 to arrive this week-What to know
A new round of Social Security payments is set to be issued this week to some beneficiaries. More than 70 million Americans receive Social Security, including retirement, disability and survivor benefits. The program is the nation's largest social…
August bank holiday 2026 benefit payment date changes and cost of living support
The summer is usually a time when cost-of-living pressures are less intense, with energy demand low and the shock of April's bill increases becoming part of the normal expenses. But the start of the summer holidays also brings extra expenses for…
Your Mortgage Payment Will Jump a Year After You Buy
You took a 30-year fixed mortgage specifically so the payment would never change. Then a letter arrives around month thirteen and the payment is $180 higher. Nothing broke, and no one misled you — your rate is fixed, but only about…
Government paves way for MDR fee on UPI, RuPay debit card payments to big merchants
After months of speculation that a fee may be levied on Unified Payments Interface (UPI) transactions, the Ministry of Finance has paved the way for banks and system providers to impose a fee on them as well as RuPay debit card payments to large…
Earnings Show Banks Chasing Mid-Market With Payments Platforms
But those same banks, as highlighted by this quarter's most recent earnings reports, are now realizing the possibilities available to monetize the intelligence, controls and workflows surrounding the movement of money. J.P. Morgan Payments produced…
DWP confirms list of 59 eye and ear conditions that qualify for £748 payment
The Department for Work and Pensions (DWP) has confirmed the full list of eye and ear conditions that qualify for financial support totalling up to £748 per month. Individuals living with significant vision and hearing loss are eligible for…
Card Networks Push Beyond Payments to Lock In Growth
Visa discussed credentials, money movement and tokenization. Mastercard repeatedly described a continuum that links network scale, data and value-added services. Capital One devoted much of its discussion to building the Discover Network into a…
Bank Retirees' body wants payment of ex-gratia to private sector bank pensioners
Many private sector banks, who are party to the 12th Bipartite Settlement/8th Joint Note, have neither implemented payment of ex-gratia to the pensioners nor extended an option for pension to the resignees so far, claimed the All Kerala Bank…
Apple Pay PH: Filipinos share iPhone, Apple Watch payments; here are supported banks
Some train commuters shared their experiences paying their fares using Apple Pay, a digital wallet that allows users to make cashless payments through their Apple devices. An X (formerly Twitter) user shared on Tuesday, August 4, his experience of…
Andy Burnham and John Healey '£461 payments' for state pensioners over age 73
The basic state pension could jump by £461 next year, according to a new forecast. New calculations have shown how much the pension will rise to in 2027 if it were to climb by the same amount as this year. Latest figures from experts are…
Boost CEO Says Transaction Data Is B2B Payments' AI Superpower
As PYMNTS CEO Karen Webster told a podcast audience for last year's B2B event, nothing is boring about B2B payments anymore. That's what makes the application of artificial intelligence across them so exciting. “This is different,”…
Rajya Sabha passes MSME Amendment Bill to speed up payments and strengthen MSMEs
The Rajya Sabha on Monday passed a bill that seeks to tackle the issue of delayed payments to MSMEs by prescribing timelines to ensure faster adjudication of disputes, provide recovery of the settlement agreement, and address their liquidity…
Five million state pensioners in line for £1,006 payment after Andy Burnham vow
Five million state pensioners are on course to see their state pension payments soar above £1,000 a month under Labour Party Prime Minister Andy Burnham. Mr Burnham, the new PM, has vowed to keep the Triple Lock. Under his promise, the state…
House bill proposes $60 monthly produce payments for food-insecure households
A new bill introduced in the U.S. House of Representatives would give low-income households $60 a month to spend on fresh fruits and vegetables. The Fresh Bucks for Fresh Produce Act, introduced July 2, 2026, aims to address food insecurity by…
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