Latest in Payments Week
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Fear that winter fuel payment cut will cost lives
Wales' older people's commissioner says people will die because of the decision.Top stories - BBC News - October 20 -
Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - October 28 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Housing benefit payments to be frozen next year
Labour has confirmed rates will stay the same next year, after several freezes over the past decade.Top stories - BBC News - October 31 -
Woman 'sickened' by demands to return flood payment
Flood compensation was offered to businesses affected by heavy flooding in 2023.Top stories - BBC News - 6 days ago -
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Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesBusiness - Financial Times - October 14 -
The dollar is rallying because investors are making a ‘down payment’ on a Trump election victory
The U.S. dollar has been strengthening in part because investors are growing more confident Donald Trump will be victorious in the Nov. 5 presidential election, according to one Wall Street ...Business - MarketWatch - October 14 -
Worried about missing credit card payments? 4 things to do now
More Americans are worried about missing their credit card payments. If you're one of them, take these steps now.Top stories - CBS News - October 15 -
The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
As ransomware cyberattacks escalate, government officials say companies are making bad decisions on the 'pay or not pay' dilemma, especially cyber insurers.Business - CNBC - October 18 -
US banks consider cutting interest payments on company deposits
Lenders target corporate clients as they seek to maintain profit margins with Fed trimming benchmark ratesBusiness - Financial Times - October 20 -
Qantas to Expedite Payments to Former Ground Handlers After Court Ruling
Australia’s largest airline said it will work to expedite payments to former staff after a court ruling indicated the carrier could be on the hook for tens of millions of dollars in payments.Business - The Wall Street Journal - October 20 -
Juul Class-Action Lawsuit Payments Inspire TikTok Trend
Unexpected payments from a class-action lawsuit have some TikTok users feeling flush.Lifestyle - The New York Times - October 23 -
Putin calls for alternative international payment system at Brics summit
Russian president’s goal to de-dollarize world economy alarms members that do not want bloc to turn against west. Vladimir Putin has opened the expanded Brics summit by issuing a call for an ...World - The Guardian - October 23 -
New football regulator to be given power to tackle controversial 'parachute payments'
"Strengthened" legislation to establish an independent football regulator for the elite men's game in England is set to be introduced to parliament by the government.Top stories - BBC News - October 23 -
HSBC Hong Kong joins China’s alternative to Swift global payments system
Direct participation in Cips system will mean faster settlements and help internationalise use of renminbiBusiness - Financial Times - October 24 -
Dan Price, Former CEO of Gravity Payments, Charged With Rape
The former chief of Gravity Payments rose to prominence with the introduction of his company’s $70,000 minimum salary and a splashy social media presence.Tech - The New York Times - October 25
