Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What is the minimum payment the IRS will accept?
An envelope from the Internal Revenue Service (IRS) rarely brings good news, but opening that envelope to find a tax bill that exceeds what you can immediately pay can trigger a unique kind of fear. Still, it's an issue that's becoming increasingly…
Trump housing plan would open 401(k)s for down payments: Hassett
President Trump will announce a proposal next week to allow Americans to dip into their 401(k)s for a down payment on a home as part of his housing affordability push, one of his top economic advisers said Friday. Kevin Hassett, the director of the…
Cable One Taps Truist for Debt Deal as Bond Payments Loom
Cable One Inc. has held talks with Truist Financial Corp. for new financing to pay off impending bond debt and help fund an acquisition struck amid intensifying industry competition. Truist has gauged interest from Cable One's existing bondholders…
Digital payments unlock opportunities for SA merchants
SMEs are leading South Africa's digital commerce revolution. Digital payments are increasingly underpinning merchant growth in SA, with small and medium enterprises (SMEs) using them to unlock new revenue streams, expand their reach and build more…
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February 2026 payment dates for benefits and pensions plus cost of living support
The year has got off to a biting start, as sub-zero temperatures and stormy conditions force millions to stay indoors and turn the heating up. An increase in energy bills combined with the post-Christmas financial slump means that it is proving a…
How to calculate mortgage payments
Mortgage payments are calculated using the standard amortization formula, which accounts for principal, interest rate, and loan term. Understanding this process can save borrowers significant money by revealing the impact of interest and helping…
White House Plan Would Let Americans Tap 401(k)s for Down Payments on Homes
President Trump will issue a plan next week for letting Americans tap their 401(k) retirement accounts for a down payment on a home, a senior White House official said Friday, the latest in a series of proposals floated by the administration to…
PNC Bank CEO says stablecoins must choose: Be a payment tool or a money market fund
During an earnings call on Friday, CEO Bill Demchak urged a clear split between payment tools and investment vehicles.
Americans in line to receive payment up to $500 for fourth year in row
AMERICANS will receive a tax rebate in a specific state for the fourth year in a row. According to Governor Brian Kemp, Georgia citizens will get up to $500 depending on their tax filing status. Your info will be used in accordance with our Privacy…
Hassett reveals Trump housing plan would let Americans tap 401(k)s for down payments
As the Trump administration has put housing affordability in the spotlight recently, one of the president's top economic advisors unveiled how Americans might be able to use 401(k) funds for a home down payment. 'The typical monthly payment about…
Trump admin proposes allowing use of 401(k) for home down payments - how you could reap the benefits
The Trump administration plans to allow investors to use some of their retirement funds to make a down payment on a house, White House economic adviser Kevin Hassett said on Friday, adding that more details will be released next week. “We're…
Polygon Trims Workforce Amid $250M Open Money Stack Payments Pivot
Polygon Labs has cut personnel as it pivots more aggressively to a payments-first strategy built around stablecoin rails and what it calls an “Open Money Stack,” a new, vertically integrated set of services designed to move money…
LA County workers shocked and outraged by CEO's $2M payment, union leaders say
Leaders of the two largest L.A. County employee unions say many of their members have been shocked and outraged to learn county CEO Fesia Davenport negotiated a $2 million payout to herself, after they say she told workers there was no money to…
Toyota Told Suing Mirai Owners To Stop Making Payments, They're Now Facing Triple-Digit Credit Score Hits
While hydrogen fuel cell cars seem like a zero-emissions dream on paper, there are fewer than 60 hydrogen filling stations in California and none in the rest of the country. A lawsuit against Toyota filed last month on behalf of Mirai owners…
Trump proposes direct payments to replace Obamacare subsidies
Trump proposed replacing Obamacare health insurance subsidies with direct payments to consumers. Experts warn the plan could harm lower-income Americans by pushing them toward less comprehensive coverage. Congress is deeply divided, making passage…
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