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Federal e-invoicing is complex, but cross-agency tech sharing can ease the pain

Payments Source

A 2018 deadline to automate government payments is fast approaching. Only with a mix of technology solutions and cooperation among agencies can that deadline be met.

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Late Payments Cause Cash Flow Pain From UK To India

PYMNTS

Below, PYMNTS unloads the latest statistics from the fight against late payments in the U.K. 45 days past due is the threshold for SMBs in India seeking clarity on large corporate and government payments. Transform later filed a countersuit, claiming Sears had intentionally delayed supplier payments.

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NASA Gets Hacked

PYMNTS

” Employees who were hired, transferred or left the agency from July 2006 to October 2018 may have been affected by the hack, although NASA isn’t sure how many people were impacted. And just this week, around 300,000 people had their personal data stolen in a breach of Click2Gov, a widely used government payment software.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Payments made with Amazon Pay spiked following service expansion to new geographies — France, Italy, and Spain — and to new verticals, including government payments, travel, insurance, entertainment, and charitable donations. In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner.

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Payments Canada Announces New CEO

PYMNTS

The Payments Canada Board of Directors has announced the appointment of Tracey Black as new president and CEO, replacing Gerry Gaetz. Tracey joined Payments Canada in 2018 to lead the payments Modernization program. Tracey takes the helm with the groundwork in place for successful delivery of payments Modernization.”.

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In The Middle East, Banks Embrace FinTech

PYMNTS

As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank. The Union of Arab Banks (UAB) has said in a study that such a movement would change the way Arab banks provide financial services. . million credit cards, 15.8

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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. billion in check disbursements in 2018, significantly costing these departments.