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Payments

U.S. Treasury’s Adeyemo sees no ability to ‘triage’ payments without debt limit hike

May 26, 2023
U. S. Treasury's adeyemo sees no ability to 'triage' payments without debt limit hike - photo licensed by shore news network.

WASHINGTON (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the capability to “triage” payment priorities …

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Italy’s UniCredit expands payments partnership with Mastercard

May 26, 2023
Italy's unicredit expands payments partnership with mastercard - photo licensed by shore news network.

ROME (Reuters) – Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard. The agreement covers 13 banks …

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New Zealand banks move to processing payments seven days a week

May 24, 2023

WELLINGTON (Reuters) – The majority of New Zealand bank customers will be able to send and receive local payments seven days a week, starting on …

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US Treasury asks federal agencies for payments clarity as debt ceiling default looms

May 23, 2023
Us treasury asks federal agencies for payments clarity as debt ceiling default looms - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. Treasury said on Tuesday it is asking other federal agencies for greater clarity and communication on the payments they expect …

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House Passes Pandemic Fraud Bill To Recover Billions In Illicit COVID-19 Unemployment Payments

May 11, 2023

House Passes Pandemic Fraud Bill To Recover Billions In Illicit COVID-19 Unemployment Payments Arjun Singh on May 11, 2023 The Republican-led House of Representatives passed …

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Hunter’s Chinese Business Partner ‘Tried To Hide’ Payments From China-Based Firm To Biden Family, Report Says

May 10, 2023

Hunter’s Chinese Business Partner ‘Tried To Hide’ Payments From China-Based Firm To Biden Family, Report Says Philip Lenczycki on May 10, 2023 Hunter Biden’s Chinese …

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More banks join European instant payments pilot from end 2023

April 25, 2023
More banks join european instant payments pilot from end 2023 - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments service in Europe from the end of 2023 said on Tuesday it …

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VA Error Leaves Potentially Thousands Of Student Veterans Without Rent Payments

March 31, 2023
Va error leaves potentially thousands of student veterans without rent payments - photo licensed by shore news network.

VA Error Leaves Potentially Thousands Of Student Veterans Without Rent Payments Micaela Burrow on March 31, 2023 Thousands of student veterans will have their housing …

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Nearly One Out Of Every $10 Sent In Remittance Payments From US To Mexico Is Linked To Crime: REPORT

March 27, 2023
Nearly one out of every $10 sent in remittance payments from us to mexico is linked to crime: report - photo licensed by shore news network.

Nearly One Out Of Every $10 Sent In Remittance Payments From US To Mexico Is Linked To Crime: REPORT Jennie Taer on March 27, 2023 …

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Coinbase halts support for Signature Bank’s digital payments platform

March 20, 2023
Coinbase halts support for signature bank's digital payments platform - photo licensed by shore news network.

(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Monday it has stopped support for Signature Bank’s digital payments platform Signet, more than a week …

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Putin indicates Russia could loosen restrictions on dividend payments to foreigners

March 16, 2023
Putin indicates russia could loosen restrictions on dividend payments to foreigners - photo licensed by shore news network.

MOSCOW (Reuters) – Russian President Vladimir Putin on Thursday said he would consider a “more flexible” approach to restrictions on shareholders and parent companies in …

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Sen. Tom Cotton Introduces Bill To End US Funding Of Palestinian ‘Martyr Payments’

March 9, 2023
Sen. Tom cotton introduces bill to end us funding of palestinian ‘martyr payments’ - photo licensed by shore news network.

Sen. Tom Cotton Introduces Bill To End US Funding Of Palestinian ‘Martyr Payments’ Kate Anderson on March 8, 2023 Republican Sen. Tom Cotton of Arkansas …

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Ghana to ensure payments of coupons, principals of old bonds resume on March 13

February 27, 2023
Ghana to ensure payments of coupons, principals of old bonds resume on march 13 - photo licensed by shore news network.

ACCRA (Reuters) – Ghana’s finance ministry said on Monday it was taking steps to ensure payments of coupons and principals of old bonds resume on …

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Moderna to make milestone payments to NIH for COVID vaccine

February 24, 2023
Moderna to make milestone payments to nih for covid vaccine - photo licensed by shore news network.

(Reuters) – Moderna Inc will make certain contingent development, commercial and regulatory milestone payments to the U.S. National Institutes of Health (NIH) related to the …

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Egyptians lean on instalment payments to cope with inflation

February 22, 2023

By Sarah El Safty and Mariam Rizk CAIRO (Reuters) – Ahmed Ramadan, a 44-year-old father of three, started using instalment payment services eight months ago …

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Big Pharma Is Hoarding Over $1 Billion In Payments For Cancelled Vax Doses: REPORT

February 1, 2023February 1, 2023
Big pharma is hoarding over $1 billion in payments for cancelled vax doses: report - photo licensed by shore news network.

Big Pharma Is Hoarding Over $1 Billion In Payments For Cancelled Vax Doses: REPORT Laurel Duggan on February 1, 2023 Pharmaceutical companies have been withholding …

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Twitter working on payments feature – FT

January 30, 2023
Twitter working on payments feature - ft - photo licensed by shore news network.

(Reuters) – Twitter Inc is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported …

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Former Hillsborough Township School District Official Admits To Paying Kickbacks For Illegal Overtime Payments

January 28, 2023January 26, 2023

Trenton, N.J. – A Somerset County, New Jersey man yesterday admitted to paying kickbacks in return for fraudulent overtime payments that he received in connection …

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People Are Falling Behind On Their Car Payments At Levels Not Seen Since The Financial Crisis

January 26, 2023
People are falling behind on their car payments at levels not seen since the financial crisis - photo licensed by shore news network.

People Are Falling Behind On Their Car Payments At Levels Not Seen Since The Financial Crisis John Hugh DeMastri on January 25, 2023 The portion …

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Kenya will not default on its debt payments -President Ruto

January 5, 2023January 5, 2023
Kenya will not default on its debt payments -president ruto - photo licensed by shore news network.

NAIROBI (Reuters) – Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto …

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Biden Administration Sued For Aid Payments That Could Support Palestinian Terrorism

December 22, 2022
Biden administration sued for aid payments that could support palestinian terrorism - photo licensed by shore news network.

Biden Administration Sued For Aid Payments That Could Support Palestinian Terrorism Kate Anderson on December 21, 2022 President Joe Biden and Secretary of State Antony …

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Cash loses top spot in euro zone as digital payments spread

December 20, 2022
Cash loses top spot in euro zone as digital payments spread - photo licensed by shore news network.

FRANKFURT (Reuters) – Cash is losing its top spot as the euro zone’s dominant means of payment, a European Central Bank survey showed on Tuesday, …

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Analysis-Italy’s cash payments U-turn is all gain, no pain

December 19, 2022December 19, 2022
Analysis-italy's cash payments u-turn is all gain, no pain - photo licensed by shore news network.

By Valentina Za MILAN (Reuters) – Dropping a plan to boost small cash payments is the smart thing for Italy to do – the measure …

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Former Chairman of Riviera Beach Housing Authority Pleads Guilty to Extortion for Kickback Payments

December 16, 2022
Former chairman of riviera beach housing authority pleads guilty to extortion for kickback payments - photo licensed by shore news network.

MIAMI – Delvin Thomas, 44, of West Palm Beach, Fla., has pled guilty to one count of extortion after using his chairman position to receive …

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Former President Of The New York Building And Construction Trades Council And 10 Other Union Officials Plead Guilty To Accepting Bribes And Illegal Payments

December 12, 2022
Former president of the new york building and construction trades council and 10 other union officials plead guilty to accepting bribes and illegal payments - photo licensed by shore news network.

Damian Williams, the United States Attorney for the Southern District of New York, and Raymond A. Tierney, District Attorney for Suffolk County, announced today that …

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CRTC rejects Telus’ request to charge processing fee on credit card payments

December 8, 2022December 8, 2022
Crtc rejects telus' request to charge processing fee on credit card payments - photo licensed by shore news network.

(Reuters) – A Canadian regulator said on Thursday it had rejected Telus Corp’s request to charge a processing fee on credit card payments made by …

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MercadoLibre in talks with WhatsApp on business messaging payments -CFO

December 7, 2022December 7, 2022
Mercadolibre in talks with whatsapp on business messaging payments -cfo - photo licensed by shore news network.

By Jorgelina do Rosario LONDON (Reuters) – Latin American e-commerce retailer and fintech firm MercadoLibre is in talks with Meta to process payments for its …

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Italy’s Meloni may water down cash payments plan after EU talks

December 4, 2022December 4, 2022
Italy's meloni may water down cash payments plan after eu talks - photo licensed by shore news network.

ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni said on Sunday that she may water down plans to make it easier to settle small payments …

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Brazil’s federal public debt rises in October due to interest payments

November 25, 2022
Brazil's federal public debt rises in october due to interest payments - photo licensed by shore news network.

BRASILIA (Reuters) -Brazil’s federal public debt increased in October after three consecutive months of decline, official data showed on Friday, driven by debt interest payments. …

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JPMorgan to expand in Greece with new office, payments team

November 11, 2022
Jpmorgan to expand in greece with new office, payments team - photo licensed by shore news network.

ATHENS (Reuters) – U.S. bank JPMorgan said on Friday it will open a new office in Athens to support the growth of its business in …

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Mortgage Payments Surge 50% Since Last Year As Homebuyers Get Priced Out

November 10, 2022
Mortgage payments surge 50% since last year as homebuyers get priced out - photo licensed by shore news network.

Mortgage Payments Surge 50% Since Last Year As Homebuyers Get Priced Out John Hugh DeMastri on November 10, 2022 As mortgage rates climbed, typical monthly …

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More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say

November 8, 2022
More americans can’t afford their car payments in biden’s economy, analysts say - photo licensed by shore news network.

More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say John Hugh DeMastri on November 8, 2022 Delinquency rates on U.S. auto loans …

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White River Junction Man Sentenced for Stealing Social Security Benefit Payments

November 3, 2022
White river junction man sentenced for stealing social security benefit payments - photo licensed by shore news network.

The United States Attorney for the District of Vermont announced that John O’Hara, Jr., 43, of White River Junction, Vermont, was sentenced today in United …

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Digital payments firm Stripe to lay off 14% of workforce

November 3, 2022
Digital payments firm stripe to lay off 14% of workforce - photo licensed by shore news network.

(Reuters) – Stripe Inc, the digital payments giant which was valued at $95 billion in its last funding round, is cutting its headcount by about …

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Grocery retailer Pick n Pay to start accepting cryptocurrency payments

November 1, 2022November 1, 2022
Grocery retailer pick n pay to start accepting cryptocurrency payments - photo licensed by shore news network.

JOHANNESBURG (Reuters) – One of South Africa’s largest grocery retailers Pick n Pay is expanding a pilot of adding cryptocurrency as a payment option to …

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Italy’s Meloni under fire over plan to raise cash payments cap

October 26, 2022
Italy's meloni under fire over plan to raise cash payments cap - photo licensed by shore news network.

By Alvise Armellini ROME (Reuters) -Italy’s new right-wing government is planning to raise a limit on cash payments, Prime Minister Giorgia Meloni said Wednesday, amid …

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JPMorgan Chase merchants can now receive payments through Meta Pay

October 25, 2022
Jpmorgan chase merchants can now receive payments through meta pay - photo licensed by shore news network.

(Reuters) – JPMorgan Chase & Co’s network of merchants will now be able to offer customers an option to make payments through Meta Pay, a …

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Rouble edges lower as end of tax payments period approaches

October 25, 2022October 25, 2022
Rouble edges lower as end of tax payments period approaches - photo licensed by shore news network.

MOSCOW (Reuters) – The Russian rouble edged marginally lower against the dollar on Tuesday, as the end of a favourable month-end tax payments period drew …

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Loyal Patron Expands Its eGift Card Payments Capabilities Via Integration With Stripe

October 23, 2022
Loyal patron expands its egift card payments capabilities via integration with stripe - photo licensed by shore news network.

Langhorne, PA  (RestaurantNews.com)  Loyal Patron LLC announced today they have completed integration with Stripe for funding digital eGift cards sold online. This new addition is …

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Oklahoma City Home Health Company and Two Former Corporate Officers Agree to Pay $22.9 Million to Settle Federal False Claims Act and Kickback Allegations Arising From Improper Payments to Referring Physicians

October 18, 2022
Oklahoma city home health company and two former corporate officers agree to pay $22. 9 million to settle federal false claims act and kickback allegations arising from improper payments to referring physicians - photo licensed by shore news network.

OKLAHOMA CITY – CHC Holdings, LLC d/b/a Carter Healthcare, an Oklahoma limited liability company that provides home healthcare through subsidiaries in multiple states, including Texas …

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World Bank cites overdue payments, puts loans to Belarus in ‘nonperforming’ status

October 17, 2022

By Andrea Shalal WASHINGTON (Reuters) – The World Bank said on Monday it had placed all loans made by its main lending arm to Belarus …

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Australia’s top banks eye payments firm Tyro as housing market cools

October 17, 2022

By Shashwat Awasthi and Byron Kaye (Reuters) -Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of …

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China’s CIFI misses offshore interest payments due to remittance delay

October 13, 2022October 13, 2022
China's cifi misses offshore interest payments due to remittance delay - photo licensed by shore news network.

HONG KONG (Reuters) – Shanghai-based property developer CIFI Holdings said in a Thursday filing it did not meet certain offshore scheduled interest and amortisation payments …

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Albert Lea Bookkeeper Pleads Guilty to Embezzling More Than $200,000 in Public Housing Rent Payments

October 12, 2022
Albert lea bookkeeper pleads guilty to embezzling more than $200,000 in public housing rent payments - photo licensed by shore news network.

MINNEAPOLIS – An Albert Lea woman has pleaded guilty to stealing more than $200,000 in tenant rent payments, announced U.S. Attorney Andrew M. Luger. According …

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Indonesia central bank says cross border payments will be connected in 5 ASEAN countries next year

October 4, 2022October 4, 2022
Indonesia central bank says cross border payments will be connected in 5 asean countries next year - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s central bank governor said on Wednesday the cross border payment program between five ASEAN countries, namely Thailand, Singapore, Malaysia, Philippines and …

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Crypto lender Celsius not seeking payments for outstanding loans

September 30, 2022
Crypto lender celsius not seeking payments for outstanding loans - photo licensed by shore news network.

(Reuters) – Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 …

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Sweden and other central banks to test digital currency payments

September 28, 2022
Sweden and other central banks to test digital currency payments - photo licensed by shore news network.

OSLO (Reuters) – The Swedish, Norwegian and Israeli central banks have launched a project with the Bank for International Settlements to test international retail and …

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IRS Sent Out Over $1 Billion In Child Tax Credit Payments To The Wrong People

September 27, 2022September 27, 2022
Irs sent out over $1 billion in child tax credit payments to the wrong people - photo licensed by shore news network.

  IRS Sent Out Over $1 Billion In Child Tax Credit Payments To The Wrong People Arjun Singh on September 27, 2022 The Internal Revenue …

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China to defer fee payments for small firms- state media

September 27, 2022September 27, 2022
China to defer fee payments for small firms- state media - photo licensed by shore news network.

BEIJING (Reuters) – China will postpone fee payments worth more than 53 billion yuan ($7.39 billion) by companies, mainly small firms, in the fourth quarter, …

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Biogen Inc. Agrees to Pay $900 Million to Settle False Claims Act Allegations Related to Improper Physician Payments

September 26, 2022
Biogen inc. Agrees to pay $900 million to settle false claims act allegations related to improper physician payments - photo licensed by shore news network.

BOSTON – Pharmaceutical company Biogen Inc. (Biogen), based in Cambridge, Massachusetts, has agreed to pay $900 million to resolve allegations that it violated the False …

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