Payments Source

SEPTEMBER 2, 2020

The first wave of grants was intended to provide payments equating to 80% of average trading profits over the course of three months. However, some far exceeded this amount.

Governance 102

Governance Government Payments Government Payments 102

Payments Source

JULY 5, 2020

A blockchain-based digital dollar deserves serious consideration if only because its adoption would mark the beginning of a modern, more efficient government payment structure, says Polyient Labs’ Jeff Hinkle.

Government Payments 150

Government Payments Blockchain Governance Government 150

Fintech Finance

DECEMBER 9, 2024

This new prepaid card program empowers users with various solutions, including payroll, travel expenses, government payments, and more, while also providing branding opportunities by placing logos on prepaid cards. billion U.S. card and money movement transactions.

Innovation 105

Innovation FedWire FedNow Direct Deposit 105

The Paypers

SEPTEMBER 18, 2018

(The Paypers) Government Payment Service has exposed at least 14 million customer receipts dating back to 2012, according to security expert Brian Krebs.

Government Payments 44

Government Payments Governance Government Payments 44

Core

MARCH 19, 2024

City and county government institutions bear the responsibility of careful management—and protection—of public funds. With secure payment systems in place, your institutions can bolster stewardship of public resources, ensuring funds are used effectively and for their intended purpose.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

Core

FEBRUARY 6, 2024

As pillars of the public, government organizations contribute to the stability and functionality of society, ensuring citizens receive necessary support, protection, and opportunities for growth. Digital payments are now an integral piece of the government financial landscape. Here are some key insights.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

Core

SEPTEMBER 15, 2023

Modernization allows governments to stay in tune with the evolving expectations of their citizens, who increasingly expect convenient and efficient payment options. Utility payments, reservations, and application fees are key areas where kiosk payments are crucial in modernizing government service payments.

Governance 52

Governance Government Transactions Security 52

PYMNTS

JANUARY 30, 2017

Health care entities and government agencies, too, are at risk for their data security. We take a look at some statistics around the ITRC and CyberScout’s latest report, as well as new data on government and health care data management practices. 1,093 data breaches hit entities in the U.S. Researchers found that businesses saw 45.2

Data Security 54

Data Security Governance Government Data Breach 54

Core

OCTOBER 4, 2023

With the ever-growing shift toward digital transactions, the need for governments to implement more extensive front- and back-end system integration is clear. The presence of outdated legacy and manual, error-prone payment processing systems only underscores this reality.

Governance 52

Governance Government Payment Reconciliation Payments 52

PYMNTS

JANUARY 22, 2020

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. government departments. Around The Government Disbursements Space.

Governance 52

Governance Government Checks Tax Refunds 52

Payments Source

JUNE 23, 2020

The spending and account management capabilities of corporate prepaid cards have been given new purpose in a pandemic-struck world dependent on government and charity aid.

Governance 132

Governance Government Accounts Government Payments 132

PYMNTS

SEPTEMBER 16, 2019

government is updating its payroll systems and has picked payroll partners to support the modernization process. The government will collaborate with payroll service providers and SaaS vendors, it noted. ” According to the GSA, the federal government is one of the nation’s largest payrolls, with more than 2.2

Payroll 46

Payroll Governance Government Consulting 46

Payments Source

JUNE 11, 2020

The push for a public option to digitize government payments has gotten stronger, and the discussion has moved on from whether it should happen to how it should happen.

Government Payments 102

Government Payments Governance Government Payments 102

Core

APRIL 26, 2023

For decades, government agencies and departments have structured their billing and payment processes through the identification of their citizens. By prioritizing property identification, local governments can connect internal systems and provide a more consistent experience to every citizen. You can do it in steps.”

Governance 52

Governance Government Process Checks 52

PYMNTS

NOVEMBER 12, 2020

Payments Canada is teaming up with Mastercard’s Vocalink for clearing and settlement for the country’s new real-time payments system, the Real-Time Rail (RTR). Delegated by the Canadian Government, Payments Canada is responsible for the clearing and settlement infrastructure, processes and rules.

ISO 20022 138

ISO 20022 Real Time Payments Settlement Payments 138

PYMNTS

NOVEMBER 8, 2017

Through an agreement with Citibank, corporate payments company WEX is now able to link government agencies to its fleet card solutions, according to an announcement made Tuesday (Nov. Bank, to have landed a contract to operate GSA SmartPay 3, a government payments program.

Governance 40

Governance Government Commercial Card NOV 40

PYMNTS

JUNE 29, 2016

Amazon Payments will soon be an official payment option of the U.S. federal government. The Bureau of the Fiscal Service announced today (June 29) that Amazon Payments will soon be a digital payment option for consumers needing to make an online payment to the federal government.

Bureau of the Fiscal Service 42

Bureau of the Fiscal Service Governance Government Fiscal Service 42

Core

JUNE 21, 2023

Convenient and modern payment processes are a critical focus for government agencies, and providing efficient digital payment solutions to citizens is only the beginning. And that puts a big burden on the people working for all of the different government entities.” Three takeaways from the discussion: 1.

Governance 52

Governance Government Online and Mobile Banking Enrollments 52

Tearsheet

NOVEMBER 30, 2023

But there may be a way to bring unbanked communities into the fold that counters lack of trust and incentivizes participation: Government-to-Person (G2P) payments. These are federal or state payments of social safety net benefits as well as tax and wage payments extended from the government to an individual.

Governance 52

Governance Government Addressing Social Security 52

PYMNTS

JANUARY 11, 2021

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Payments for nationwide financial support programs, like the Benazir Income Support Programme and the Ehsaas Emergency Cash programme , can also be made through Raast, Reuters reports.

Financial Inclusion 95

Financial Inclusion Payments Governance Government 95

The Payments Association

JANUARY 16, 2025

The regulation introduces strict requirements for stablecoin issuers, including robust reserve backing, transparency, and governance. Payments companies relying on stablecoins must ensure these assets meet the new standards, impacting everything from operational processes to customer offerings.

Compliance 88

Compliance Cross-Border Payments Cross-Border Stablecoins 88

Fintech Finance

AUGUST 27, 2024

“We are proud to be partnering with ACI Worldwide, the global leader in real-time payments technology and software,” said Fabian Uribe, co-founder and CEO of Mexipay. The post ACI Worldwide and Mexipay Extend Partnership to Boost Instant Payments Adoption in Mexico appeared first on FF News | Fintech Finance.

Instant Payments 97

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 97

The Paypers

MARCH 13, 2023

The Central bank of Egypt (CBE) has approved the rules for payment card service codes, allowing contactless transactions via mobile apps within the framework of the NPC.

Central Bank 36

Central Bank Card Services Rules Government Payments 36

Payments Source

JULY 2, 2018

centralizes government payment units. The information you need to start your day, from PaymentsSource and around the Web. Today: LTE faces attacks; Apple Pay's growing quickly in Poland; Adidas suffers a breach; U.K.

Breach 68

Breach Government Payments Governance Government 68

Payments Source

MARCH 29, 2019

Today: Square and Apple Pay go to the ballpark; Government payment gateway draws funds; CoinAcquiring approaches merchants; Movie ticket subscriptions get even more crowded. The information you need to start your day, from PaymentsSource and around the Web.

Payment Gateways 67

Payment Gateways Gateways Government Payments Governance 67

PYMNTS

JANUARY 20, 2020

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. and beyond, plus explores some businesses most recently accused of paying their suppliers and business partners late.

Legal 94

Legal Payments B2B Government 94

Payments Source

APRIL 11, 2016

The Society for Worldwide Interbank Financial Telecommunication (Swift) has created a service to help financial institutions comply with requirements governing payments messaging.

SWIFT 63

SWIFT Compliance Payment Message Government Payments 63

Payments Source

APRIL 11, 2016

The Society for Worldwide Interbank Financial Telecommunication (Swift) has created a service to help financial institutions comply with requirements governing payments messaging.

SWIFT 63

SWIFT Compliance Payment Message Government Payments 63

Open Banking Excellence

MARCH 5, 2024

One area where the industry is already seeing innovation is with Variable Recurring Payments (VRP) and the upcoming commercial pilot for low risk use cases for financial services, utilities and government payments. The PSR ’s (Payment Systems Regulator) approach is not sustainable,” he explains. “It

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

PYMNTS

NOVEMBER 19, 2020

percent, state that most of their non-government payments come through non-instant methods and take more than a day to receive. As to awareness, the consumers most likely to know, use and even insist on instant payments are the digital-native Gen Zs, as digital is always their first choice and they know the terrain.

Instant Payments 94

Instant Payments Non-Bank Payer Payments 94

PYMNTS

JANUARY 27, 2020

Below, PYMNTS explores the numbers behind the latest cases of B2B payments fraud — from attacks targeting government entities to banks’ struggle in managing the fraud threat from real-time payments. million , following a December 2019 cyberattack that has stalled government payments to suppliers.

Business Email Compromise 71

Business Email Compromise Scams Ransomware Real Time Payments 71

Payments Source

JANUARY 5, 2017

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.

Government Payments 60

Government Payments Automation Governance Government 60

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability. Central bank digital coins on the Continent – but plenty of room for cash.

CBDC 91

CBDC Risk Central Bank Digital Currency 91

PYMNTS

APRIL 9, 2020

The global spread of the new coronavirus has had a wide and varied impact on the way that both consumers and businesses think about transacting with each other as well as government or financial entities. Around The Disbursements World. The SBA is also responsible for disbursing a $350 billion loan program for the country’s SMBs.

Checks 71

Checks Online and Mobile Banking Direct Deposit Scams 71

PYMNTS

NOVEMBER 5, 2020

In fact, as noted in an upcoming Ingo Money playbook, in research performed in conjunction with PYMNTS, more than half of consumers and roughly 70 percent of microbusinesses received at least one non-government payment in the last 12 months, with roughly half of them made through “ faster ” methods that include instant payments.

Faster Payments 98

Faster Payments Instant Payments Payments Same Day ACH 98

PYMNTS

DECEMBER 19, 2018

NASA is the latest government agency to be hit with a breach. And just this week, around 300,000 people had their personal data stolen in a breach of Click2Gov, a widely used government payment software. We have notified those employees.”.

Data Breach 70

Data Breach Breach Cybersecurity Social Security 70

Fintech Finance

JUNE 18, 2024

Globally, ACI covers approximately one-third of the countries that offer real-time payments services, reaching about 3 billion people served by various organizations, including central governments, payment networks, banks, financial institutions and fintech companies.

Cross-Border 98

Cross-Border Cross-Border Payments Transactions Instant Payments 98