Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump Says He'll End Sanctuary City Payments by End of Month
President Donald Trump said he would cut off federal funding to so-called sanctuary cities at the end of the month as part of his administration's efforts to address fraud, in the latest escalation over immigration policy with Democratic…
Millions set to see boost in DWP Universal Credit payments
Millions of households across the UK are set to see their Universal Credit payments increase in just a few months. According to the latest Government statistics, 7.5 million people are currently receiving the benefit, with around 47,000 claims…
Nxera Pharma to Receive US$3.6 Million in Milestone Payment Pursuant to Research Collaboration with Centessa
Tokyo, Japan and Cambridge, UK, 13 January 2026 – Nxera Pharma Co., Ltd. (“Nxera” or “the Company”; TSE 4565) notes that Centessa Pharmaceuticals has achieved an early development milestone associated with its…
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February 2026 payment dates for benefits and pensions plus cost of living support
The year has got off to a biting start, as sub-zero temperatures and stormy conditions force millions to stay indoors and turn the heating up. An increase in energy bills combined with the post-Christmas financial slump means that it is proving a…
Monzo goes DOWN leaving thousands of users unable to send or receive payments
MONZO has gone down leaving thousands of customers unable to send or receive payments. More than 4,000 users have reported difficulties with the online bank's app after it went down this afternoon. Your info will be used in accordance with our…
UnitedHealth accused of using 'aggressive' tactics to boost government payments
UnitedHealthcare and its parent company, UnitedHealth, used 'aggressive strategies' to milk American taxpayers by diagnosing Medicare patients with as many conditions as possible, a new Senate report has alleged. In a 105-page assessment released…
More drivers have $1,000-plus car loan payments. Here's what buyers can expect in 2026
The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website Edmunds. Meanwhile, 6.3% of used-car buyers in the…
Iran unrest hits Indian basmati rice exports, prices fall sharply as payment delays mount: industry body
Civil unrest in Iran has started impacting India's basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, an industry body said on Tuesday. The Indian Rice…
Polygon Strikes $250M Coinme, Sequence Deal To Expand US Payments
Polygon Labs has agreed to acquire US-based crypto payments company Coinme and wallet infrastructure provider Sequence in deals valued at more than $250 million, Fortune reported on Monday. The acquisitions give the Ethereum scaling blockchain…
Announcing Magensa Payment Protection Gateway Now Processing EverWash's Coinless App Card-Not-Present Transactions with CryptoPay Based Carwashes
'That's the beauty with MagTek, providers don't have to shop for hardware, eCommerce, in-app, and card-present solutions,' said Dave Richards, Vice President of CryptoPay. 'It's all through one service provider, making accounting, administration…
Banks Win Key Battle as Crypto Bill Bars Stablecoin Interest Payments
Banks secured a win in the fight over stablecoin yield as Senate lawmakers released updated crypto market structure legislation draft Tuesday morning, which prohibits digital asset service providers from paying 'any form of interest or yield'…
Amidst Iran crisis, rice exporters seek Commerce Ministry's help to clear payments
Rice exporters sought the Union Commerce Ministry's help on Tuesday (January 13, 2026) to clear pending dues from importers in Iran amid growing civil unrest in that country, one of the major importers of basmati and other varieties of Indian rice.
Why your bank may block your next Zelle payment
We all love easy and convenient things, like sending money using Zelle. But next time you try, it may not be that easy. Zelle has become a go-to tool for sending money to friends, family, and even strangers online. Yet it comes with serious risks…
PayU Payments narrows consolidated loss to ₹248 crore in FY25
Fintech firm PayU Payments has reported a narrowing of loss to Rs 248 crore in the financial year 2024-25, according to a regulatory document shared by market intelligence firm Tofler on Tuesday. The company had posted a loss of Rs 429.51 crore in…
Polygon Makes $250 Million Investment in Stablecoin Payments
The company is due to acquire cryptocurrency exchange Coinme and crypto wallet infrastructure provider Sequence for more than $250 million, Polygon said in a Tuesday (Jan. 13) press release provided to PYMNTS. The deal is designed to deliver three…
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