Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Asia's Cross-Border Payments Will Near $24 Trillion By 2032. The Rails Are Not Ready
Asia-Pacific cross-border payment flows are projected to near $24 trillion by 2032, while the correspondent-banking rails that settle them keep shrinking. The money crossing borders in Asia is set to nearly double. The infrastructure carrying it is…
Social Security Payments Could Get Major Boost Due to Iran War
Social Security benefits could experience a larger-than-expected increase in the coming years due to inflation fueled by the war with Iran. The conflict in the Middle East has pushed up the overall cost of living, but the Social Security boost…
The 9 DWP payment rates being 'reviewed' for millions of households - full list
The Department for Work and Pensions is currently reviewing NINE pay rates that affect millions of households across the UK. The parental leave and pay review is 'a much-needed opportunity to explore and consider how the parental leave and pay…
Forthcoming Policy Changes to Medicaid State Directed Payments
Authors: Alice Burns, Elizabeth Hinton, Scott Hulver, Jessica Mathers, and Robin Rudowitz The 2025 reconciliation law reduced federal Medicaid spending by an estimated $911 billion from 2025 through 2034, some of which stems from new restrictions…
Payment technology firm Nuvei buying U.S. company Payoneer for US$2.75B
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Online payments are dimming the charm of one of America's top tourist attractions
We all know those heavy, coin-operated binoculars perched on every scenic overlook in America, the ones you'll find everywhere from the Empire State Building to the Grand Canyon. Turns out, they'll soon start accepting tap-to-pay payments. This is…
Xbox Project Helix Could Be Sold Through Klarna and PayPal Payment Plans Due to Rising Costs
A new leak has revealed that Xbox might start using a buy now pay later payment plan system. If true, this has sparked speculation that Xbox Project Helix could use services such as Klarna and PayPal to offset rising prices in the games industry.
Spending on Medicaid State Directed Payments Before New Limits Take Effect
Authors: Alice Burns, Scott Hulver, Jessica Mathers, Robin Rudowitz, and Patrick Drake The 2025 reconciliation law reduced federal Medicaid spending by an estimated $911 billion from 2025 through 2034, some of which stems from new restrictions on…
Homeowners can receive payment from $50m energy 'overcharging' settlement
HOMEOWNERS can receive compensation from an energy settlement over complaints of overcharging. According to a settlement filed by The New York State Public Service Commission, hundreds of thousands stand to benefit. Your info will be used in…
Older state pensioners with two-digit code sent £739.60 Monday payments
The basic State Pension is now worth up to £184.90 per week Older state pensioners across the UK with a specific two-digit code are set to be given Monday payments of up to £739.60 from the Department for Work and Pensions (DWP)…
PIP payments of up to £778 a month for people with musculoskeletal conditions
The latest figures from the Department for Work and Pensions (DWP) confirmed more than 3.9million people across England and Wales are now receiving Personal Independence Payment (PIP). The disability benefit is worth up to £778 every…
Visa Brings ChatGPT Shopping Payments to AI Agents - Memeburn
Visa is taking ChatGPT shopping. The payments giant has announced a new partnership with OpenAI that will connect Visa's global payment network to ChatGPT, allowing AI agents to help users find products and complete purchases. In plain language…
US-Iran War News Live Updates: Trump calls $300bn Iran payment report 'Fake News' amid peace deal
US President Donald Trump on Monday pushed back sharply against financial reporting around the landmark US-Iran peace deal, calling claims that Washington would pay Tehran $300 million “Fake News put out by the Dumocrats,” while…
Interchecks Raises $50 Million to Expand Instant Payments Infrastructure
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eToro Weighs Payments-Focused Expansion Into Banking Sector
The trading and investment platform is considering multiple acquisitions, and also planning an expansion into traditional payment services that could involve a banking license application, CEO Yoni Assia said in an interview with the Financial…
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