Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Digital Payments in Numbers: How Payment Companies Reach Six-Digit Revenues
Digital payments have become one of the fastest-growing segments of financial services. What appears to be a simple transaction between a buyer and a seller is in reality part of a complex infrastructure where technology providers, financial…
DWP benefits increase April 2026 - full list of new payment rates
Millions rely on state benefits to manage their household finances - whether through pensions, disability support or supplementary income assistance. February 2025 figures showed roughly 24 million people were receiving some form of DWP benefit…
Colombia's Petro asks Brazil to extend Pix payment system
April 6 (UPI) -- Colombian President Gustavo Petro asked Brazil to extend its instant payment system Pix to Colombia and questioned U.S. financial sanctions in a message posted on X, amid Washington investigations into the Brazilian system. In his…
Starbucks to prompt more tipping on card payments, fueling 'tip creep' backlash
Starbucks is revamping its tipping system in a major way, the company announced recently, including expanding the tipping options. The Seattle-based company said Thursday that baristas will be able to receive tips on more credit and debit card…
St. Mary's County Sheriff's Office Warns Of Email-Based Payment Scam
LEONARDTOWN, Md. – The St. Mary's County Sheriff's Office is warning residents and businesses about an ongoing financial crime trend involving fraudulent emails that mimic legitimate business transactions. In reported cases, victims are…
Medicare Insurer Payments to Rise 2.48% in 2027, Higher Than Some Analysts Expected
The Trump administration will raise payments to Medicare insurers by 2.48% next year, a significant improvement for the health-insurance industry after an earlier proposal torpedoed shares of the largest companies. The final 2027 rates for the…
India's digital payments account for 93% of payment value in 9MFY26: Report
India's digital payment infrastructure has entered a phase of deep structural maturity, with the Unified Payments Interface (UPI) now firmly at the core of the country's retail payments architecture, according to a new report by CareEdge. The…
Audi driver in Orange County demands $55 in free gas: 'Money as a unit of payment is not real'
A bizarre gas station showdown is proving truth is stranger than fiction — even for seasoned cops. Irvine Police say a man casually walked into a local gas station last week and demanded $55 worth of gas — but refused to pay a single…
Full list of extra benefits people on Adult Disability Payment can claim
The latest figures from Social Security Scotland show there are now 484,055 people in receipt of Adult Disability Payment (ADP). The data also shows the average time to process a new claim for ADP is now 46 working days, just over nine weeks. This…
New PIP payment rates for all eight award combinations starting this week
More than 3.9 million people claiming Personal Independence Payment (PIP) will see an increase to their payments after the Department for Work and Pensions (DWP) annual uprating came into force on April 6. DWP Payment rates for the daily living and…
In Payments, the AI Race Is Also a Governance Test
Artificial intelligence is moving deeper into payments, and at an unusual pace. It's helping companies spot fraud, improve approvals, personalize offers, support compliance, manage risk and shape customer experiences in real time. That much is…
Russian Crypto Payments Network Seeks Africa Expansion - FT
Russia is seeking to build an alternative cross-border payments network in Africa using a ruble-backed cryptocurrency, as it looks to bypass Western financial systems following sanctions imposed over the war in Ukraine, the Financial Times reported…
Instant Payments Security Counters Rising Fraud Concerns
The spread of sophisticated fraud schemes, including those supported by artificial intelligence, has sharpened awareness of payment vulnerabilities across the economy. Research cited in the latest “Money Mobility Tracker ” shows that…
No more cash payments at toll plazas from April 10
Cash payments at toll plazas will be discontinued for travellers on national highways from April 10, the road transport and highways ministry has said. In a gazette notification, the ministry has said that in cases where a vehicle enters a fee…
How legacy payment systems expose banks to fintech rivals
Key insights: Merchants are increasingly demanding digital payments tech. What's at stake: Fintechs are often faster to develop this tech than banks, according to Capgemini. Forward look: Payment experts suggest banks form a startup to build new…
Receive a Daily briefing on Payments Industry News
Get Started