Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Am I eligible for the DWP Christmas Bonus payment?
Thousands of benefit claimants have begun receiving their Christmas bonus from the Department for Work and Pensions (DWP). The annual £10 payment is made automatically before Christmas, but only to those that claim qualifying benefits. These…
PAX Technology and Wink Transform the Point-of-Sale with Biometric-Powered Payments
Through semi-integration, Wink's application interfaces with PAX's BroadPOS app to deliver biometric identity authentication, including face, palm, and voice recognition. This enables fast, frictionless, and secure checkout experiences, while…
December 2025 payment dates for benefits and pensions plus cost of living support
As the end of 2025 draws nearer, higher bills combined with lower temperatures mean many will be facing increased costs in the approach to Christmas. For millions across the country, managing the cost of living remains a daily struggle as prices…
Ripple Approved to Expand Payments in Singapore
Ripple has received approval from Singapore's Monetary Authority (MAS) to expand its Major Payment Institution license, allowing it to offer fully licensed, end-to-end payment services in the country. This expansion enables Ripple to provide a…
Major Christmas Bonus Payments update will affect 1.4 million people
The Minister in charge of delivering the Christmas Bonus Payment to more than 1.4m people across Ireland has issued an update. Minister for Social Protection, Dara Calleary, TD, announced the details for the Christmas Bonus, which is set to be paid…
Seoul mayor indicted over alleged illegal polling payments
Oh Se-hoon of the conservative People Power Party is serving his fourth term as mayor of South Korea's capital and has long been tipped as a future presidential candidate. Prosecutors accuse him of arranging for a supporter to cover the cost of…
Everything you need to know about DWP December payment changes
Many people who receive benefits from the Department for Work and Pensions (DWP) will notice a number of payment changes over the coming weeks. DWP benefits are normally transferred straight into a chosen bank or building society account on a…
Seoul Mayor indicted over alleged illegal polling payments
South Korean prosecutors indicted the Mayor of Seoul on Monday (December 1, 2025) for allegedly violating political funding laws. Oh Se-hoon of the conservative People Power Party is now serving his fourth term as Mayor of South Korea's capital and…
Ripple Labs gets nod to expand payment activities in Singapore
Ripple Labs has received approval from Singapore's central bank to expand its payment activities in the region, amid a broader push to grow its business and institutional-focused offerings through acquisitions. Ripple's Singapore subsidiary, Ripple…
Payments fintech Sokin raises $50m
UK B2B cross-border payments outfit Sokin is targeting international growth after securing $50 million in Series B funding led by Prysm Capital. This content has been selected, created and edited by the Finextra editorial team based upon its…
Ripple Expands Scope of Payment Activities in Singapore for its Major Payment Institution License
Antom, a leading merchant payment and digitisation services provider under Ant International, today announced major upgrades to Antom Copilot, its industry-first AI agent designed for merchant payment and operations management. Share this post:…
Three Regulatory Trends Shaping The Future Of Healthcare AI
David Talby, PhD, MBA, CTO at John Snow Labs. Solving real-world problems in healthcare, life sciences and related fields with AI and NLP. As healthcare AI continues to accelerate, so do the laws that promise to govern it. From radiology assistants…
Labour's sneaky move that means rising number of pensioners will lose winter fuel payment
More pensioners are set to lose their winter fuel payments With all the focus on frozen income tax thresholds, much less attention has been paid to another figure that is likely to be frozen for years to come – the £35,000 cut-off for…
UK Players Prefer Skrill for Online Casino Payments Because It's Fast, Secure and Global
As digital wallets really transform online entertainment, Skrill has become the preferred payment method for UK casino players. Its combination of speed, security and global flexibility clearly makes it one of the most trusted names in gaming…
MAS gives Ripple more leeway for payments in Singapore
Ripple, a leading financial technology company providing crypto solutions for businesses, today announced that the Monetary Authority of Singapore (MAS) has approved an expanded scope of payment activities for the Major Payment Institution (MPI)…
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