Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How payments regulation, funding could be impacted by Wirecard scandal
Investors expect greater scrutiny from regulators around the payments space in the wake of the Wirecard accounting scandal. They think the payments industry could see more consolidation, with only fintechs with the most funding able to meet…
As July 15 Approaches, IRS Reminds Taxpayers To Resume All Tax Payments
With a week to go before the tax filing season deadline, many folks may be focusing on July 15, 2020, as the date to mail in payments for the 2019 tax year. But there's another payment deadline looking: the Internal Revenue Service (IRS) is…
IT pros indicted after arranging credit card payments for weed startup
On March 9, 2020, a German IT consultant named Ruben Weigand had a layover in Los Angeles as he traveled from Switzerland to Costa Rica. He never made it to his destination because US authorities arrested him as he was changing planes. The feds say…
TIGTA - IRS Scores 98% On First Stimulus Payments
It seems that the biggest tax story currently is whether there will be a second stimulus payment (Economic Impact Payment – EIP). Shahar Ziv on this platform is watching that closely. Here is some news on how the first and maybe only…
Skipped payments rise as renters face financial cliff ahead
FILE – In this May 20, 2020 file photo, signs that read “No Job No Rent” hang from the windows of an apartment building in Northwest Washington. Renters are nearing the end of their financial rope as the assistance and…
Omar Faces Ethics Outcry Over Payments To Husband After Decrying Those Who Profit Under Our 'System Of Oppression'
Rep. Iihan Omar has been much in the news for her extreme positions on defunding police departments and yesterday calling for the dismantling of not just the American economy but the political system. In declaring her support for sweeping…
Second stimulus check: Group of economists suggests ongoing payments
WASHINGTON (NEXSTAR) — More than 150 of the country's top economists are calling on the government to provide ongoing stimulus checks as the United States continues to recover from the coronavirus pandemic. In an open letter published by the…
One-third of American families missed their July housing payments
A survey by Apartment List found that 32 percent of US households did not make their July housing payments on time or in full It marked the fourth month in a row with a 'historically high' number of households struggling to make the payments The…
OESC: ACH payments to be delayed by 24 hours
OKLAHOMA CITY (KFOR) – The Oklahoma Employment Security Commission says certain payments for those who receive unemployment benefits will be delayed on Wednesday. According to OESC, ACH payments for unemployment benefit recipients will be…
iOS 14 Beta Code Points To Support For QR Code Payments In Apple Pay
Apple released the second beta of iOS 14 to developers yesterday and some of them have been taking a look to see what it has to offer. According to code found in the release,it seems that Apple has plans to bring QR code payments to Apple Pay. The…
Trump Says Americans Can Expect Another Round of Pandemic Stimulus Payments
President Donald Trump said Tuesday that Americans can look forward to another round of stimulus payments before the end of 2020. “We are working on another stimulus package, and that will take place… very soon,” Trump told…
Global Stocks Mixed as Virus Cases Surge: Live Market Updates
U.S. stock futures were mixed and European stocks dipped on Wednesday, as investors considered the latest fiscal efforts to support economies and new friction between the United States and China. Futures wavered, predicting a choppy start to…
Barclaycard Payments extends relationship with SAP
Barclaycard Payments has extended its relationship with SAP to make its payments gateway product Smartpay available to SAP customers across Europe. From today, businesses signed up to the SAP Commerce Cloud will have access to SmartPay, which…
Internet of Things (IoT) Payments Driven by Fortune 500 Companies
Fortune 500 company innovation and growth strategy plans involve IoT payments. Companies see initiatives involving IoT payments as a way to differentiate and grow new business. Of the companies and IoT payments examined, IoT payments grew at an…
Covid-19 Accelerates 3 Disruptive Trends Facing Higher Education
Yesterday, the Higher Education & Workforce Investment Subcommittee met to examine the impact of Covid-19 on the future of higher education. The subcommittee is right to contemplate the impact of the pandemic on higher education's future, and I was…
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