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…
JPMorgan to expand in Greece with new office, payments team
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 the country. The office will house a…
Mortgage Payments Surge 50% Since Last Year As Homebuyers Get Priced Out
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 mortgage payments on existing single-family homes with…
More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say
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 hit their highest level in over a…
White River Junction Man Sentenced for Stealing Social Security Benefit Payments
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 States District Court in Burlington to three…
Digital payments firm Stripe to lay off 14% of workforce
(Reuters) – Stripe Inc, the digital payments giant which was valued at $95 billion in its last funding round, is cutting its headcount by about 14% as startups trying to navigate a…
Grocery retailer Pick n Pay to start accepting cryptocurrency payments
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 more stores after the successful completion of…
Italy’s Meloni under fire over plan to raise cash payments cap
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 opposition complaints that the move would benefit…
JPMorgan Chase merchants can now receive payments through Meta Pay
(Reuters) – JPMorgan Chase & Co’s network of merchants will now be able to offer customers an option to make payments through Meta Pay, a top company executive at Meta Platforms Inc…
Rouble edges lower as end of tax payments period approaches
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 close, while investors awaited a central bank…
Loyal Patron Expands Its eGift Card Payments Capabilities Via Integration With Stripe
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 an expansion of Loyal Patron’s full gift…
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
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 and Oklahoma, as well as Stanley Carter…
World Bank cites overdue payments, puts loans to Belarus in ‘nonperforming’ status
By Andrea Shalal WASHINGTON (Reuters) – The World Bank said on Monday it had placed all loans made by its main lending arm to Belarus into “nonperforming” status effective immediately, citing overdue…
Australia’s top banks eye payments firm Tyro as housing market cools
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 new revenue streams as rising interest rates…
China’s CIFI misses offshore interest payments due to remittance delay
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 due to delay in remittance during an…
Albert Lea Bookkeeper Pleads Guilty to Embezzling More Than $200,000 in Public Housing Rent Payments
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 to court documents, between January 2010 and…
Indonesia central bank says cross border payments will be connected in 5 ASEAN countries next year
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 Indonesia will be fully connected next year.…
Crypto lender Celsius not seeking payments for outstanding loans
(Reuters) – Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need…
Sweden and other central banks to test digital currency payments
OSLO (Reuters) – The Swedish, Norwegian and Israeli central banks have launched a project with the Bank for International Settlements to test international retail and remittance payments with central bank digital currencies,…
IRS Sent Out Over $1 Billion In Child Tax Credit Payments To The Wrong People
IRS Sent Out Over $1 Billion In Child Tax Credit Payments To The Wrong People Arjun Singh on September 27, 2022 The Internal Revenue Service (IRS) sent over $1.1 billion in…
China to defer fee payments for small firms- state media
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, state media quoted the cabinet as saying…
Biogen Inc. Agrees to Pay $900 Million to Settle False Claims Act Allegations Related to Improper Physician Payments
BOSTON – Pharmaceutical company Biogen Inc. (Biogen), based in Cambridge, Massachusetts, has agreed to pay $900 million to resolve allegations that it violated the False Claims Act by causing the submission of…
Renault offered over 1,000 euro one-off payments to most workers to cope with inflation – unions
PARIS (Reuters) – French car maker Renault has offered over 1,000 euros in one-off payments to a majority of its workers to help them cope with inflation, union sources told Reuters. The…
Surgeon Pleads Guilty to Federal Charge for Accepting $3.3 Million in Illicit Payments to Perform Spinal Surgeries at Corrupt Hospital
LOS ANGELES – A neurosurgeon pleaded guilty today to a federal criminal charge for accepting approximately $3.3 million in bribes for performing spinal surgeries at a now-defunct Long Beach hospital whose…
Putin orders benefit payments for people arriving in Russia from Ukraine
MOSCOW (Reuters) – Russian President Vladimir Putin on Saturday signed a decree introducing financial benefits for people who left Ukrainian territory to come to Russia, including pensioners, pregnant women and disabled people.…
Visa tokens overtake payments giant’s physical cards in circulation
By Manya Saini (Reuters) – Payments giant Visa Inc said on Wednesday it has issued over 4 billion network tokens worldwide through its security technology Visa Token Service (VTS), outpacing the total…
Breaking News
