Payments Industry News

A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

independent.co.uk - Joe Sommerlad - How to get the £300 cost of living payment for pensioners
How to get the £300 cost of living payment for pensioners
The Independent

Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice The British government announced earlier this year that pensioner…

nytimes.com - Jessica Silver-Greenberg - They Were Entitled to Free Care. Hospitals Hounded Them to Pay.
They Were Entitled to Free Care. Hospitals Hounded Them to Pay.
The New York Times

In 2018, senior executives at one of the country's largest nonprofit hospital chains, Providence, were frustrated. They were spending hundreds of millions of dollars providing free health care to patients. It was eating into their bottom line. The…

kstp.com - Judge rebukes Walz assertion that he ordered MDE to resume payments to Feeding Our Future
Judge rebukes Walz assertion that he ordered MDE to resume payments to Feeding Our Future
KSTP-TV LLC

A remarkable back-and-forth between Gov. Tim Walz and a Ramsey County judge unfolded Friday evening as accusations flew over who was responsible for letting a Minnesota nonprofit continue to fraudulently receive federal funds meant to reimburse…

nytimes.com - Ron Lieber - The Discount Data That Some Colleges Won't Publish
The Discount Data That Some Colleges Won't Publish
The New York Times

By now, many people shopping for college have gotten the message that not everyone pays the list price. But what percentage do get some kind of discount, how much is it and what sorts of students get one? One way to answer these questions —…

prescottenews.com - Opinion: How to Reform Student Loans - Require Down Payments - Inside Sources
Opinion: How to Reform Student Loans - Require Down Payments - Inside Sources
Prescott eNews

President Biden's student loan forgiveness plan is an unprecedented act of executive fiat. The plan to forgive up to $10,000 in student debt per individual making $125,000 or less will cost taxpayers $240 billion over the next 10 years. It's…

zawya.com - NBK supports fully-digital payment solutions at its headquarters
NBK supports fully-digital payment solutions at its headquarters
ZAWYA

Al Shatti: We are carrying on our environmental conservation initiatives, intensifying our efforts towards sustainability Digitizing the workplace is not limited to job tasks, but also targets all the daily activities of employees National Bank of…

ourmidland.com - Barley helps with car payment
Barley helps with car payment
Midland Daily News

There is no real Barley MacTavish. This fund was established by an anonymous donor and is being continued with private financial support, plus donations from area residents during the holiday season. The project has been undertaken to help make…

nytimes.com - Katie Thomas - How a Hospital Chain Used a Poor Neighborhood to Turn Huge Profits
How a Hospital Chain Used a Poor Neighborhood to Turn Huge Profits
The New York Times

RICHMOND, Va. — In late July, Norman Otey was rushed by ambulance to Richmond Community Hospital. The 63-year-old was doubled over in pain and babbling incoherently. Blood tests suggested septic shock, a grave emergency that required the…

tbsnews.net - TBS Report - Commercial payments next avenue for digital payment growth: Visa country manager
Commercial payments next avenue for digital payment growth: Visa country manager
The Business Standard

Commercial payments will be the key driving force for growth in digital payments in the coming days, Soumya Basu, country manager of Visa Inc – an American multinational financial services corporation – for Bangladesh, Nepal, and…

nytimes.com - Erin Griffith - Silicon Valley Slides Back Into 'Bro' Culture
Silicon Valley Slides Back Into 'Bro' Culture
The New York Times

SAN FRANCISCO — Last month, Mark Zuckerberg spent hours touting his love of jiujitsu, wrestling and UFC on Joe Rogan's podcast, which is known for its hypermasculinity. Watching TV was not active enough, Mr. Zuckerberg said. Compared with…

forbes.com - Jonathan Ponciano - Recession Watch: 'Very Concerning' Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses
Recession Watch: 'Very Concerning' Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses
Forbes

A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign of a looming economic slowdown after the Federal Reserve on Wednesday raised rates to the highest…

ft.com - Imani Moise - US couples ask wedding guests for help with mortgage downpayments
US couples ask wedding guests for help with mortgage downpayments
Financial Times

Cash funds replace traditional gifts such as salt shakers and towels as property prices rise As they prepared for their wedding this year, New Yorkers Alexa Feneque and Silvio Tellez kept their list of desired gifts brief. Forgoing the usual hand…

seekingalpha.com - Dulan Lokuwithana - Cano, One Medical spark buyout interest amid shift to value-based care (NYSE:HUM)
Cano, One Medical spark buyout interest amid shift to value-based care (NYSE:HUM)
SeekingAlpha

From Cano Health (CANO) to One Medical (ONEM), the companies exposed to value-based care (VBC) are on a roll amid rising buyout interest as the industry heavyweights look to benefit from a lucrative alternative to a traditional reimbursement model.

nottinghampost.com - Olimpia Zagnat - Mum claims taxi driver locked in 'scared' teen over £7 payment
Mum claims taxi driver locked in 'scared' teen over £7 payment
nottinghampost

A mum was left distraught claiming that her daughter was locked in a car by a taxi driver over a payment dispute. The mum, who does not wish to be named, alleged her 17-year-old was forced to remain in the car for 18 minutes due to confusion over…

telegraph.co.uk - Camilla Turner - PayPal urged to release confiscated funds from frozen British accounts
PayPal urged to release confiscated funds from frozen British accounts
The Telegraph

PayPal has been urged to release confiscated funds from British organisations as over 30 Tory MPs and peers accuse the online transfer giant of launching an “orchestrated” and “politically motivated” attack on groups…

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