Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI Is Yielding Results For Payments - But Is There More To Come?
Employee productivity has been a key application of AI for the cross-border payments industry so far. Around a year ago, the topic of the moment in the cross-border payments industry was artificial intelligence. Buoyed by the rise of large language…
Lukoil's US Gas Stations See Disruptions for Card Payments
Lukoil gasoline stations in the US are experiencing major issues with card payments, forcing some franchise owners to consider asking more customers to use cash as parent company Lukoil PJSC, the Russian oil giant, faces US sanctions. There are two…
More student-loan borrowers could soon become eligible for lower payments and debt relief
A barrier to enrollment for a key student-loan repayment plan could soon be gone. The Department of Education said in updated guidance posted to Federal Student Aid's website that it's moving forward with implementing some student-loan repayment…
State pensioners set for £12,547 payments from Wednesday
Pensioners are on course for a 4.8% boost to the State Pension in 2026 State pensioners across the UK are set to get up to £12,547 annual payments from the Department for Work and Pensions (DWP) in an announcement expected on Wednesday. The…
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The Average Down Payment Buyers Are Making Right Now-And How Yours Stacks Up
The average down payment for 2024–25 buyers hit 19%, the highest in more than three decades. First-time buyers typically put down about 10%, while repeat buyers averaged 23%, according to the National Association of Realtors. If you can…
Medicare's $11B payment change roils hospitals
The Trump administration is shaking up how health systems are paid for outpatient care with a plan that could reduce Medicare hospital spending by nearly $11 billion over the next decade. Why it matters: It's a big step forward for 'site-neutral'…
Full list of people eligible for extra DWP Christmas payment
Households across the UK are set to receive an extra cash payment in just a matter of weeks. The Department for Work and Pensions will pay an extra £10 to eligible benefit claimants via the Christmas Bonus payment. The government department…
Cross River Bank introduces stablecoin payments
Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments. This content is provided by an external author without editing by Finextra. It…
RTGS.global adds 23 currencies to cross-border payments network
Cross-border payments network RTGS.global has added 23 currencies to its platform, enabling instantaneous settlement between participating financial institutions vis a single API connection. This content has been selected, created and edited by the…
Kerry GAA confirms payment made to Revenue after self-review
In his report, Healy stated that during the year work was undertaken under a framework from Croke Park, where all counties were asked to carry out a self-review audit for the years 2020/21 to 2023/24. Self-corrections were identified and a payment…
Alibaba Group payments leader, Jia Hang, joins DCS as chairman
DCS, a transformative Singapore-licensed financial institution regulated under the Banking Act and innovating next-gen payments across traditional and blockchain rails, today announced the appointment of Jia Hang as Executive Chairman. This content…
Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments*. Integrated directly with Cross River's…
Budget 2025 update with DWP PIP and Universal Credit payment increases expected
Rachel Reeves is poised to announce £15 billion worth of benefits expenditure at Wednesday's Budget according to reports - including enhanced payments for those receiving Universal Credit, Personal Independence Payment (PIP) and child…
Corpay Debuts Automated Payment Tool For Immigration Firms
The new USCIS Navigator tool, announced Monday (Nov. 24) is aimed at providing secure processing for payments to the U.S. Citizenship and Immigration Services (USCIS), following a recent ban on check payments for immigration filings. “We…
Circle Integrates Uniswap's Permit2 Into Payments Network, Simplifying Stablecoin Authorization And Settlement
Circle has integrated Uniswap's Permit2 into its Payments Network, launching Onchain Transaction V2 to streamline stablecoin authorization and settlement. Financial technology company Circle announced that its Circle Payments Network (CPN) now…
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