Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Court Payments Ruling Fuels Gaming's Pay-To-Win Battle
2 small boys playing Street Smart video game in video arcade on boardwalk. (Photo by James Keyser/Getty Images) 'We created Match Kora to give players a football game they can enter quickly while still offering different ways to compete,' said…
AIIB explores digital payments, eyes Hong Kong hub as it raises record funds
The Asian Infrastructure Investment Bank (AIIB) is setting its sights on tokenised payments and digital settlement systems, tapping into Hong Kong's growing digital finance ecosystem as part of a broader push to modernise its capital market…
New State Pension payments to be confirmed under Chancellor John Healey
Chancellor John Healey will deliver the autumn Budget on Wednesday, October 28 New State Pension payments for the 2027 to 2028 tax year are due to be confirmed under Chancellor John Healey later this year. The new Chancellor confirmed this week…
State pensioners under 77 handed bumper £1,930.40 Monday payments in August
State pensioners under 76 will get two payouts in July Some younger state pensioners will have a bumper August with two DWP state pension payments totalling up to £1,930.40. Those who hit state pension age after April 2016 are given more per…
Legacy crypto on-ramps and bridges will disappear as payments become invisible, Fun CEO says
Legacy crypto infrastructure such as standalone on-ramps and blockchain bridges is destined to disappear as digital asset applications adopt unified payment systems that make moving money onchain largely invisible to users, according to Fun CEO…
Santander confirms £829 compensation payments for eligible customers
Santander has agreed to pay compensation for its portion of unfair motor finance deals. Payouts are due on about 12.1 million mis-sold deals from an array of lenders at an average of £829 each, the financial watchdog said in March as it…
Newborn's cord blood discarded over 'delay' in payment, couple wins Rs 2 lakh payout
“The opposite party has committed unfair trade practice and deficiency in service in rejecting the sample merely on the ground of non-payment or late payment, whereas it has been proved that the complainant has never refused to make the…
Everyone earning under £12,570 can claim free £252 payment
People earning less than £12,570 may be able to claim bonus payments from the Government worth hundreds of pounds a year. Low earners benefit from Marriage Allowance, even if their partner earns a lot more than them. The support allows the…
Andy Burnham and John Healey confirm bumper state pension payments
Millions of over-65s will see bumper rises to the state pension next year. It comes after Andy Burnham and Chancellor John Healey confirmed their plans for the triple lock. The pair had faced calls to scrap the divisive policy. Get breaking news on…
Andy Burnham and John Healey '£602 payments' for state pensioners
The full state pension could jump by over £600 next year, according to a new forecast. This is the version of the pension paid to everyone who has retired since 2016. New calculations have shown how much the pension will rise to in 2027 if it…
China to Expand Cross-Border Yuan Payments - Central Bank
China 'will promote the development of the cross-border yuan payment system, expand international cooperation in the field of cross-border payments, and improve the infrastructure for cross-border use of the digital yuan,' the bank said in a…
Pensioners forced to rely on children buying them food in pension payment crisis
Pensioners are being forced to rely on children buying them food amid a UK pension payment crisis. The crisis at the Civil Service Pension Scheme has now been acknowledged by the government, which revealed that interest-free “hardship…
Andy Burnham one-off £200 payments for state pensioners born before 1960
One-off payments will be landing in bank accounts of millions of state pensioners over the next few months. The annual payments will continue under new Prime Minister Andy Burnham. Winter Fuel Payments are worth either £200 or £300…
California State Teachers Retirement System Decreases Holdings in Global Payments Inc. $GPN
California State Teachers Retirement System trimmed its holdings in Global Payments Inc. (NYSE:GPN - Free Report) by 3.2% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 399,766 shares of the…
Global Payments Inc. $GPN Shares Sold by Healthcare of Ontario Pension Plan Trust Fund
Healthcare of Ontario Pension Plan Trust Fund lowered its position in shares of Global Payments Inc. (NYSE:GPN - Free Report) by 98.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 14,952 shares of the…
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