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Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

Immediate safeguarding of funds: Firms must ensure that customer funds are directly deposited into safeguarding accounts upon receipt. Aligning with HM Treasurys Strategic Framework: Firms should closely monitor and align with HM Treasurys overarching strategies, such as the National Payments Vision.

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SUNRATE Launches Global Payments Solution to Revolutionise the Maritime Industry

Fintech Finance

SUNRATE , the global payment and treasury management platform, today announced the launch of its maritime payments solution, aimed at empowering shipping companies and their key stakeholders at Sea Asia 2025. ” Salaries are directly deposited into seafarers’ SUNRATE commercial cards, accessible via the SUNRATE platform.

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FV Bank Expands Stablecoin Offering With PayPal USD Conversion Feature

The Fintech Times

These include USD, EUR, USDC, USDT, and PYUSD, along with the ability to send 13 different currencies from their USD bank account over its local network or via SWIFT , enabling better treasury management in USD.

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Federal Payments Go Digital

Trade Credit & Liquidity Management

Treasury Department, aims to transition all federal payments, such as Social Security benefits, tax refunds, and vendor payments, to electronic methods like ACH transfers. In its formal comments , Nacha highlighted several key benefits: Cost Savings: In 2024, the Treasury issued about 36 million paper checks.

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Stimulus Check Visa Debit Cards Being Mailed To 8 Million Households

PYMNTS

Treasury Department said in a press release on Thursday (Jan. Millions of payments have already been made via direct deposit and paper checks, with the goal of quickly delivering assistance. Department of the Treasury seal.” The Treasury Department said it set up a special website for EIP card information.

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Consumer Stimulus Payments Expected This Week

PYMNTS

People with direct deposit on file with the IRS will be among the first to get coronavirus relief funds when stimulus payments start going out this week, according to numerous reports Sunday (April 12). Initial payments had already started being deposited into bank accounts on Friday night (April 10), the official said. “We

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IRS Sends Refund Interest Checks To 13.9 Million Taxpayers

PYMNTS

Department of the Treasury and the IRS are planning to send out interest payments totaling $18 on average to 13.9 The payments will be made in a variety of ways, including direct deposit for around 12 million people and paper check for everyone else.

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