Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Cash App's new payment wand is pure whimsy
Cash App is introducing a new way of paying: waving a fairy-like wand. The technology is not magic. Instead, it is one of Cash App's NFC-enabled tags, which lets users complete tap-to-pay transactions without a traditional card or phone. The $25…
Non-league side bags unlikely FIFA World Cup payment to lift transfer embargo
Sixth-tier Braintree Town are set to land over £175,000 from FIFA during the World Cup. The tournament is due to get underway next week, with Mexico's showdown with South Africa set to act as the curtain-raiser. FIFA have already announced…
Older state pensioners given £1,662 payments every four weeks with AP rule
Older state pensioners can get a massive £1,661 every four weeks Older state pensioners usually get paid less by the DWP in their state pension payments than younger state pensioners on the new state pension. But there is one big exception…
The hidden ways debt gets more expensive - even when you're making payments
A famous New York real estate mogul and reality TV star once proudly declared, “I love debt. I love playing with it.” While the 1% can certainly use debt as a financial tool, if you finance daily purchases at 22% interest only to pay…
DWP June 2026 benefit payment dates confirmed
Households are being urged to check what support remains available to them as the DWP has confirmed crucial benefit payment dates for June. This comes after families were warned of another significant rise in bills following energy regulator…
Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
Long-time crypto critic U.S. Rep. Brad Sherman (D-CA-32) took aim at government stablecoin payments during a House hearing on banking regulators Thursday, arguing that they would facilitate tax evasion. During the hearing on Oversight of Prudential…
Attendance Allowance rules older people should know or payments could stop
More than 1.7 million pensioners across Great Britain are now receiving Attendance Allowance, a tax-free, non-means-tested benefit for people over 66. However, claimants must report certain changes in circumstances immediately - or risk having…
Ethereum Dominates Stablecoin Growth While Tron Powers High-Volume Payments
Ethereum has added $102.4 billion in stablecoin supply over the past three years, bringing its total to roughly $158–177 billion, according to Token Terminal data. The network now hosts about half of the global stablecoin market tracked by…
Nearly half a million Brits missing out on higher State Pension payments in 2026
The New and Basic State Pensions have increased for most people over 66, however, nearly half a million retirees will not receive the higher payments during the 2026/27 financial year. The annual uprating means those on the full New State Pension…
Coinbase to Launch Token-backed Mortgage Payments this Summer
Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage…
Stock Market Today, June 4: Bank of America Rises as Cross-Border Payments Plan Expands Transaction Banking
Bank of America (BAC +3.16%), a major provider of banking and financial services, closed Thursday at $54.17, up 3.38%. The stock moved higher during Thursday's regular session as investors responded to plans to launch cross-border real-time…
Forget Speed: The Real-Time Payments Story Is About Liquidity
And the latest PYMNTS Intelligence report, “ Ready and Willing: B2B Payments Are Headed for Real-Time Rails. Here's How They're Getting There,” a collaboration with The Clearing House, reveals that for many finance leaders, the…
Aerospace company behind toxic Orange County tanker leak announces millions in payments to evacuees - how victims can collect
Southern California residents who had to evacuate their homes following a tanker leak in Orange County could be eligible for aid with millions of dollars in payments coming from the aerospace company behind it. GKN Aerospace announced that it is…
Exact Winter Fuel Payment eligibility birth date confirmed for pensioners
The Department for Work and Pensions has confirmed a key date to help older people establish if they will be eligible for this year's Winter Fuel Payment. It has emerged that a cut-off date in June has been set in order to qualify for the payment.
Cash App Turns Everyday Accessories Into Payment Tools
The Cash App Wand is a pearlescent physical payment accessory that is the first example of a new payment form factor called Cash App Tags, the company said in a Thursday (June 4) press release. The Wand is equipped with a keychain so that it can be…
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