Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
E-payments to attract more riders, cut fare disputes: Hong Kong taxi industry
Mandatory e-payment in Hong Kong taxis could attract more residents and visitors to use the service, as about 90 per cent of drivers are ready to meet the requirement ahead of its implementation next month, an industry representative has said. Ryan…
Global Payments Inc. stock outperforms competitors despite losses on the day
Shares of Global Payments Inc. GPN slid 1.68% to $73.54 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 6,781.48 and Dow Jones Industrial Average DJIA falling 0.07%…
HSBC announces £500 payments into customers' accounts from today
HSBC UK has announced a new move that will see it pay up to £500 into accounts. It is enticing customers with up to £500 cashback for depositing and/or transferring new funds into a cash ISA and/or a Stocks and Shares ISA this spring.
Confusion as Sheffield garage payments link to fencing firm
The owner of a fencing business says he is searching for answers after taking 'hundred of calls' from people querying apparent payments to his firm after visiting a nearby petrol station. Jason Lloyd, of Hillsborough Fencing, in Sheffield said he…
Millions of people to get bigger unemployment payments under new bill
A newly introduced bill in the New York State Senate would extend the length of time unemployed New Yorkers can receive unemployment insurance benefits, a change supporters say would provide additional economic stability for workers who struggle to…
Mastercard's Shift From Payments To Software (NYSE:MA)
Mastercard is transforming from a payment network into a high-margin enterprise SaaS and cybersecurity provider, driving a fundamental shift in its revenue mix. Value-Added Services and Solutions now comprise over 40% of revenue, growing at a…
How Oil Impacts India's Balance Of Payments?
Amid supply chain disruptions and increasing volatility in oil prices triggered by the Israel-Iran-US war, India continues to be a net importer of oil, consuming nearly 5.3–5.5 mbpd, while the domestic production stands at 0.6 mbpd.
India's Top Bank Shuns Russian Oil Payments Despite US Reprieve
State Bank of India is not willing to process payments for Russian oil even after the US government issued a temporary waiver for India's imports, as the country's largest lender is uncertain how long the concession will last, according to people…
Stablecoins are starting to reshape payments and banking, Macquarie says
Stablecoins are evolving from a niche crypto trading tool into a potential layer of global financial infrastructure, according to Australian investment bank Macquarie. While most U.S. dollar-denominated stablecoin activity, mainly in Tether's USDT…
Why banks are moving beyond single-provider stablecoin payment rails
Latest developments: Infrastructure providers are increasingly building network-based stablecoin payment systems instead of single-provider rails, said Borderless CEO, Kevin Lehtiniitty, in an interview on CoinDesk's Markets Outlook. Borderless…
Paytiko's CEO, Razi Salih, on Why Payment Orchestration is now a Must-Have for Brokers
In trading, growth is no longer limited by demand alone. It is limited by reach. If clients cannot deposit quickly, locally, and reliably, brokers lose volume at the exact moments volatility creates opportunity. In a Finance Magnates executive…
Shift4 Payments vs Corpay: Two Fintech Giants Fighting for the Future of Payments
Shift4 Payments (NYSE: FOUR) and Corpay (NYSE: CPAY) both closed out 2025 with earnings that tell very different stories. Shift4 is betting on owning the physical experience economy globally. Corpay is rotating its portfolio toward corporate…
Macquarie's bank warning: 10pc of mortgage payments at risk from AI
One of the most fascinating questions posed by the artificial intelligence revolution is: what would the Australian economy look like if unemployment hits 10 per cent? While such a spike in the jobless rate is hardly unthinkable –…
DWP cuts Universal Credit payment by £50 from April - check if you're affected
It can be stressful if you are worried about cuts to your payments The government has laid out controversial measures which will see a cut in Universal Credit from April - but not for everyone. Claimants will need to check if they are affected. The…
Rachel Reeves urged to issue Cost of Living payments to millions
Households are bracing themselves for another spike in energy costs - with analysts cautioning that annual bills could soon exceed £2,000. This would represent approximately £360 more - or roughly 22% higher - than the £1,640…
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