Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Russia's Travel Industry Seeks Talks Over Maldives Payment Disruptions
On Monday, the Russian Union of Travel Industry (RST) asked Moscow to seek talks with Maldivian officials about payment problems affecting Russian tourists and travel companies. The Moscow Times put the combined value of delayed or returned…
Update on DWP 'cold weather' payments to people on 4 benefits
An update has been given on Cold Weather Payments as Government officials have published new advice. Officials at the Department for Work and Pensions (DWP) today issued newly updated easy-read advice for people who may want to claim the money. A…
PNC Brings USDC Payments to Institutional Banking Clients
Latest News PublishedNov 9, 2026 The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit. PNC Bank, the eighth-largest US bank by assets, launched a limited…
One-off £265 payments paid to UK households for winter
Child Heating Payments will rollout to eligible households in Scotland from Monday, October 5 One-off payments of £265.50 are being paid to eligible UK households to help with heating bills this winter. The money is a Child Heating Payment…
Winter Fuel Payment '6 letter code' cash goes in bank 'next week
People waiting for the new Winter Fuel Payment to land in their bank account can look for a special code - and know for sure it's there. The Department for Work and Pensions has said that eligible individuals will begin receiving the money from…
DWP urges benefit claimants to report changes that could increase payments
Benefit claimants could be missing out on higher payments because they are worried that reporting changes in their circumstances could result in their financial support being reduced. The Department for Work and Pensions (DWP) has acknowledged that…
Tour Companies Ask for Government Support After Largest Bank in Maldives Rejects Russian Payments
The Russian Union of Travel Industry (RST) said Monday that it requested the government to hold talks with authorities in the Maldives after the island nation's largest bank began rejecting payments made by Russian tourists. The Bank of Maldives…
DWP confirms 24 conditions that may qualify for up to £114 a week payment
The Department for Work and Pensions (DWP) has confirmed the full list of 24 conditions that could qualify claimants for £114 weekly payments of Personal Independence Payment (PIP). There are a total of 144,732 PIP claims for the various…
Ten years after demonetisation, cash remains king despite India's digital payments boom
Though digital payments have jumped manifold, high cash holdings raise questions about the lasting impact of demonetisation on India's dependence on physical currency. While the economy has expanded considerably over the past decade, growing at 6-7…
How Better Payment Details Help Banks Screen Crypto Exposure
After sanctioning Iranian exchanges in June and August, the Treasury Department on Friday (Nov. 6) sanctioned eight Canadian currency dealers, many of which had transacted with those exchanges, according to a press release. In a separate action…
Canada Launches Real-Time Rail for 24/7 Payments
The system uses the ISO 20022 messaging standard to support richer transaction information and is designed to give businesses and consumers faster access to funds and greater visibility into their finances. The economic implications could be…
DWP confirms Cold Weather Payments for 4 benefits in new guidance
Fresh guidance has been issued regarding Cold Weather Payments after Government officials published updated advice. The Department for Work and Pensions (DWP) today released newly revised easy-read information for those who may wish to claim the…
Updating a self-hosted payment gateway without losing a payment
Running your own payment software means you are also the person who updates it. Nobody pushes a new version to you at 3 a.m. on a hosted dashboard. That is the trade, and for most shops it is a good one, but it deserves a plan, because 'I'll update…
DWP confirms 24 respiratory conditions qualifying for £114.80 payments
The Department for Work and Pensions (DWP) has unveiled the complete list of 24 respiratory conditions that entitle claimants to £114 in weekly Personal Independence Payment (PIP) payments. According to the most recent DWP figures, published…
Thames Water buys time for rescue deal with delayed debt payments
Thames Water has laid out plans to push back debt repayments worth more than £12bn by a year, as the embattled utility looks to buy time to secure a rescue deal. Bosses at the country's largest water company, which provides services to about…
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