Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK banks keep £100 limit for contactless card payments despite FCA scrapping it
Shoppers will not be able to splash unlimited amounts on contactless cards despite the lifting of a £100 cap on payments as Britain's banks held off on making changes. The official limit on individual contactless transactions on credit and…
Full List of Lawmakers Backing $3,000 Direct Payments to Americans
A proposal that would send $3,000 direct payments to millions of Americans is gaining traction in Congress as supporters push to revive cash relief amid rising living costs. The plan is part of the Make Billionaires Pay Their Fair Share Act, a…
£2.5m payment is reversed using Monzo's tool for 'oh no moments'
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. An “undo payments” tool from Monzo has…
Sony appears to be auto-refunding Highguard players their microtransaction payments
Sony has commenced refunding Highguard payments to PlayStation 5 players. In a now-deleted thread on Reddit reported by IGN earlier today, a player who had enjoyed their time with Wildlight's free-to-play hero shooter confirmed that they had…
Social Security update: COLA payments could change due to Iran War
Social Security recipients could see a larger‑than‑expected cost‑of‑living adjustment (COLA) in 2027 if surging oil prices tied to the war with Iran continue to push inflation higher, experts say. Because oil prices have…
Monthly cash payments could boost disaster survivors. A Maui nonprofit tries it out
Mari Younger cherished her life in West Maui. She worked hard at her career in the restaurant industry and was proudly self-sufficient, happily living in the same condo for 11 years, lovingly doting on her cat, Stella. Then came a health emergency…
Mexican Banks Are Working to Boost Digital Payments in Tech Push
Mexican regulators and banks are seeking to boost the volume of payments that are sent digitally and curb consumers' preference for cash, according to the head of the country's banking industry group.
'Future-fit' David Jones chases change amid overdue payments
Department store giant David Jones, a 188-year-old mainstay of Australia's retail industry, is pushing ahead with a series of changes to ensure its financially strained business is “future-fit”. Rebounding from a $74.4 million loss in…
ECB Opens Work on ATM, Payments for Digital Euro
The European Central Bank (ECB) is seeking industry experts to contribute to workstreams focused on how the digital euro central bank digital currency would function across ATMs, payment terminals and acceptance infrastructure. In an announcement…
Monthly cash payments could boost disaster survivors. A Maui nonprofit tries it out
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
£100 card payment rule axed from today in major change for all shoppers
The £100 limit on contactless payment limits has been axed from today The £100 limit on contactless card payments has been axed from today, in a major change for all shoppers. From Thursday, March 19, banks and payment providers will…
Payments Canada welcomes Meridian as first new provincial credit union member
OTTAWA, ON, March 19, 2026 /CNW/ - Payments Canada announced today the approval of Meridian Credit Union, Ontario's largest credit union, as a member. Meridian is the first credit union to obtain membership following the recent expansion of…
UK households to get new £200 payments from April
Households will be eligible for new cash payments Chancellor Rachel Reeves has confirmed the rollout of a new Crisis and Resilience Fund (CRF, delivering emergency support payments for hard-up families. Households will be eligible for hundreds of…
The 7 UK banks keeping £100 contactless payment limit after FCA rule change
The list of UK banks maintaining the £100 limit for contactless card payments, despite the Financial Conduct Authority (FCA) abolishing this cap, has been disclosed. The FCA implemented this rule change to enable banks to adapt to evolving…
BBC Breakfast guest sets record straight on payment for TV appearances
A frequent face on BBC Breakfast has clarified the reality of being paid for her appearances on the show. Dr Helen Wall, an expert mental health speaker, has been a fixture on both BBC Breakfast and Morning Live since 2022, racking up more than 80…
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