Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bringing secure digital identity and payment tools to more people
Your browser does not support the audio element. Listen to article [[duration]] minutes Establishing trust is essential for today's digital economy. That's why we've evolved Google Wallet into a secure digital home for payment credentials, IDs…
Lloyds customers unable to make payments due to IT glitch
Lloyds Banking Group has apologised after thousands of its customers were unable to make payments or send money due to another IT glitch. According to Downdetector, a website that lets people track real-time service issues and outages, customers…
Digital payments in Africa survey goes live
Ashleigh Naidoo, director of sales for Africa at ACI Worldwide. ITWeb, in partnership with ACI Worldwide, is conducting a survey to explore the rapid evolution of digital payments across Africa. The research examines the opportunities this creates…
Payments at Starbucks down over $6.5 mil. in May, after 'Tank Day' event
Payments at Starbucks Korea plunged over 10 billion won ($6.5 million) in the month of May, following a controversial promotion event criticized for evoking painful memories of the 1980 pro-democracy uprising, industry data showed Thursday.
What is the average mortgage payment and how to lower yours
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
Exclusive | SNAP Payments Are Complicated for Grocers and Consumers. A Startup Wants to Help.
San Francisco payments startup Forage is bringing tech savvy to a market that few in Silicon Valley have been interested in: government food assistance. Fintech venture firm Mouro Capital led a $40 million Series B round for Forage at a $225…
Social Security looks to fully transition to electronic payments
The Social Security Administration is looking to fully transition to electronic payments this year. President Donald Trump signed an executive order last year directing the Treasury Department to stop issuing paper checks for all federal payments.
Agentic payments surpass 100M transactions on Coinbase's Base
Agentic payment activity on Coinbase's Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report…
Enrollment is open for Americans to receive $250k payment going out this month
ELIGIBLE Americans can now apply for a one-time payment of up to $250,000 through a new relief program. The program was created as a response to market disruptions and increased operating costs. Your info will be used in accordance with our Privacy…
People on PIP may be due back payments worth around £5,625 after DWP rule change
The Department for Work and Pensions (DWP) has said it is unable to trace around 2,400 Personal Independence Payment (PIP) claimants who are due back payments following a major review of historical benefit decisions. The figures were published as…
Chinese restaurant in Bangkok allegedly refuses baht, accepts only renminbi for payment
BANGKOK – A viral social media clip alleging that a Chinese restaurant in Bangkok refused Thai baht and accepted only renminbi has put foreign-run businesses and payment practices in Thailand under renewed scrutiny. The issue emerged after a…
Lloyds and Halifax online banking down as customers unable to make payments
Lloyds Bank and Halifax customers have been left unable to process payments this afternoon (Wednesday) after both banks' apps were hit by a widespread outage. The technical difficulties have prompted a flood of complaints from customers unable to…
DWP confirms full list of blood conditions that qualify for £114 weekly payment
The Department for Work and Pensions (DWP) has confirmed the full list of 18 blood conditions that qualify PIP claimants for £114 weekly payments. Up-to-date figures published by the Government department shows all of the qualifying…
Small Businesses Push Overseas as Payment Friction Threatens Cash Flow
As small to medium-sized businesses (SMBs) in the United States extend purchasing beyond domestic markets and assemble supply chains across several countries at once, the mechanics of moving money across borders are becoming part of procurement…
Universal Credit changes people must report or DWP payments could stop
The latest figures from the Department for Work and Pensions (DWP) show that by the end of February, some 8.3 million people in and out of work across Scotland, England and Wales were receiving financial support through Universal Credit. The…
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