Scammers impersonate NJ MVC in phishing text scheme demanding fake traffic payments
TRENTON, N.J. — A wave of SMS phishing scams has hit New Jersey residents this week, with cybercriminals impersonating the state’s Motor Vehicle Commission in fraudulent messages threatening license suspensions and financial…
House Passes Pandemic Fraud Bill To Recover Billions In Illicit COVID-19 Unemployment Payments
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 a bill to address COVID-19 unemployment fraud…
Hunter’s Chinese Business Partner ‘Tried To Hide’ Payments From China-Based Firm To Biden Family, Report Says
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 business partner attempted to conceal a large…
More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments service in Europe from the end of 2023 said on Tuesday it has acquired two payment firms and obtained…
VA Error Leaves Potentially Thousands Of Student Veterans Without Rent Payments
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 stipends delayed past April 1 after an…
Nearly One Out Of Every $10 Sent In Remittance Payments From US To Mexico Is Linked To Crime: REPORT
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 Roughly 8% of remittances sent from the…
Coinbase halts support for Signature Bank’s digital payments platform
(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 after U.S. regulators took control of the…
Putin indicates Russia could loosen restrictions on dividend payments to foreigners
MOSCOW (Reuters) – Russian President Vladimir Putin on Thursday said he would consider a “more flexible” approach to restrictions on shareholders and parent companies in “unfriendly” countries receiving dividends from Russian firms.…
Sen. Tom Cotton Introduces Bill To End US Funding Of Palestinian ‘Martyr Payments’
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 introduced a bill to eliminate “Palestinian ‘martyr…
Ghana to ensure payments of coupons, principals of old bonds resume on March 13
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 March 13 following the conclusion of a…
Moderna to make milestone payments to NIH for COVID vaccine
(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 development of COVID-19 vaccines, the company said…
Egyptians lean on instalment payments to cope with inflation
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 after feeling the sting of high prices…
Big Pharma Is Hoarding Over $1 Billion In Payments For Cancelled Vax Doses: REPORT
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 $1.4 billion in advance payments for COVID-19…
Twitter working on payments feature – FT
(Reuters) – Twitter Inc is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported on Monday, citing people familiar with the…
Former Hillsborough Township School District Official Admits To Paying Kickbacks For Illegal Overtime Payments
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 with his former role as the Director…
People Are Falling Behind On Their Car Payments At Levels Not Seen Since The Financial Crisis
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 of Americans that are “severely delinquent” on…
Kenya will not default on its debt payments -President Ruto
NAIROBI (Reuters) – Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto’s government, which took…
Biden Administration Sued For Aid Payments That Could Support Palestinian Terrorism
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 Blinken are defendants in a lawsuit filed…
Cash loses top spot in euro zone as digital payments spread
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, in a historic shift for a part…
Analysis-Italy’s cash payments U-turn is all gain, no pain
By Valentina Za MILAN (Reuters) – Dropping a plan to boost small cash payments is the smart thing for Italy to do – the measure could not have stopped the inevitable digital…
Former Chairman of Riviera Beach Housing Authority Pleads Guilty to Extortion for Kickback Payments
MIAMI – Delvin Thomas, 44, of West Palm Beach, Fla., has pled guilty to one count of extortion after using his chairman position to receive a kickback from a real-estate transaction. Thomas will…
Former President Of The New York Building And Construction Trades Council And 10 Other Union Officials Plead Guilty To Accepting Bribes And Illegal Payments
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 11 former union officials — JAMES CAHILL,…
CRTC rejects Telus’ request to charge processing fee on credit card payments
(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 customers for its telecom services in Alberta…
MercadoLibre in talks with WhatsApp on business messaging payments -CFO
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 WhatsApp messaging service starting in Brazil, the…
Italy’s Meloni may water down cash payments plan after EU talks
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 with cash rather than cards, following talks…
Brazil’s federal public debt rises in October due to interest payments
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. The stock of federal public debt rose…
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