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Comprehensive coverage and timeline for Payments. Aggregated from 10 sources with 22 articles.
22 articles · 10 sources · Coverage since 3/19/2026
How Payments coverage has developed over time.
Topics frequently covered alongside Payments.
• The European Central Bank released the monthly balance of payments data for the euro area for May 2026. • Euro area residents recorded net acquisitions of non-euro area assets totaling €702 billion over the 12 months leading to May 2026, a significant increase from €442 billion the previous year. • Net incurrence of liabilities also rose sharply to €583 billion, compared to €178 billion in the prior year's period.
ecb.europa.euDirector general, Matt Brittin, says funding model ties corporation to the past as number of licences falls by 539,000The number of people paying the BBC’s licence fee has fallen faster than expected in the last year, with half a million more households opting out of the payment.Matt Brittin, the BBC’s director general, said the broadcaster faced a “moment of real jeopardy”, as the licence fee funding model “ties us to the past”. Continue reading...
theguardian.com• The European Central Bank released balance of payments data for the first quarter of 2026, highlighting the euro area's current account surpluses. • The region recorded its largest bilateral surpluses with the United Kingdom at €236 billion and Switzerland at €78 billion, both increasing from the previous year. • Other notable surpluses were recorded against emerging economies (€140 billion), advanced economies (€111 billion), and offshore centres (€36 billion).
ecb.europa.eu• The European Commission has approved recovery fund payments for Spain, Portugal, and Belgium as part of the NextGenerationEU economic recovery initiative. • Portugal received approval for its ninth payment request totaling €2.32 billion, while Belgium was granted its fourth payment of €567 million. • These funds are critical for supporting EU member states in their efforts to rebuild and modernize their economies following the pandemic.
investing.com• NPCI CEO Dilip Asbe stated that AI will propel Unified Payments Interface (UPI) transactions from 750 million to one billion daily. • The growth will be driven by AI-powered fraud detection, improved credit distribution, and the implementation of multilingual voice onboarding. • Asbe noted that voice models must achieve higher accuracy levels before they can become a critical component of the payment ecosystem.
thenextweb.comCustomers report having to use cash at stores such as Tesco and to buy drinks due to outage at payments processor WorldPayShoppers reported problems with making card payments at British pubs and supermarkets on Tuesday after a power outage affected one of the world’s largest payment processing platforms.Customers said contactless payments were not working at a number of stores including Tesco branches at a time when football fans were watching the World Cup group game between England and Ghana at pubs, screenings and restaurants. Continue reading...
theguardian.comChris Farrell was given benefit for six months despite his repeated requests for payments to stopA former unpaid carer has urged welfare officials to “get their act together” after they continued to pay him carer’s benefit for six months after the death of his husband, potentially landing him with debts of more than £1,300.Chris Farrell, 65, who claimed carer’s allowance for four years while providing full-time care for his late husband repeatedly tried to get the Department for Work and Pensions (DWP) to stop paying him the £86.45 a week benefit.A carer who has accumulated more than £2,000 of unwanted carer’s allowance since their mother went into a care home 10 months ago. They said they had contacted the DWP to cancel the benefit five times, by phone and online form, to no avail.A carer who found it impossible to get the DWP to stop carer’s allowance payments despite reporting over a year ago she had taken on a new work contract and was no longer eligible for the benefit. She had been overpaid more than £2,650.A man trying to manage work and care for his father, who claimed carer’s allowance for several months after being made redundant, has been unable to stop the benefit despite telling officials repeatedly he no longer needed it after finding a new job. Continue reading...
theguardian.com• European payments industry leaders convened in London on June 10, 2026, to discuss the evolving landscape of financial transactions. • The summit focused on the critical roles of artificial intelligence, fraud prevention, and regulatory control in reshaping the industry. • These discussions are vital as the sector navigates the integration of AI to combat sophisticated financial crimes and enhance operational efficiency.
stockhouse.com• Canadian Culture Minister Marc Miller announced that the government will stop plans to triple the financial contributions required from U.S. streaming services like Netflix for Canadian content. • Instead of hiking payments, the Canadian government intends to invest hundreds of millions of dollars directly into the domestic media sector. • The policy reversal follows pressure from the Motion Picture Association and the U.S. ambassador, who both urged the Canadian Cabinet to rescind the decision.
apnews.comBank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland appsLloyds 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 started noticing problems shortly after 11am on Wednesday, with issues affecting many of the group’s brands: Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows and MBNA. Continue reading...
theguardian.com