Blog
Trump to propose allowing Americans to tap 401(k)s for home down payments
The Trump administration is proposing to allow Americans to take money out of their retirement funds without a penalty to make a down…
Tag
payments
Culture
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away A US$3 billion redemption crisis in eastern China is…
Beauty
Why Vinted Is Getting into the Payments Business
Peer-to-peer resale platform Vinted is an outlier in the industry: it’s profitable and still growing — reporting a 330% jump in net…
Business
Global Payments selects Uber Eats as preferred delivery partner
Payment technology and software solution provider Global Payments has named Uber Eats as its preferred delivery partner. The company is…
Blog
Senate probes Justice Department effort to thwart FBI investigation of Clinton's dossier payments
The Senate Judiciary Committee is investigating the Justice Department's effort to shut down an investigation into the Clinton campaign's…
Culture
DBS, Ant International expand partnership to boost cross-border payments
DBS and Ant International have signed a memorandum of understanding to expand their partnership and scale up cross-border payments and…
Blog
Trump administration orders states to stop making payments for SNAP food assistance benefits
The Trump administration over the weekend ordered states to stop distributing full food assistance benefits for November. Source link
Blog
Justice Jackson gives Trump short-term win on food stamp payments during shutdown
Supreme Court Justice Ketanji Brown Jackson gave the Trump administration a short reprieve late Friday, putting on hold a lower court…
Blog
Trump asks Supreme Court to let him block some food stamp payments
The Trump administration rushed to the Supreme Court Friday night asking the justices to put on hold lower court action that ordered the…
Culture
Nexperia’s China unit resumes chip sales to domestic distributors, requires renminbi-only payments: sources
The chipmaker is seeking chip packaging partners outside China as the dispute drags on [BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese…
Business
Muted German reaction to EU halt on payments to Israel
German Foreign Minister Johann Wadephul has said Berlin has "taken note" of European Commission President Ursula von der Leyen's decision…
Culture
Indonesia's central bank to share some bond coupon payments with government
Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to…
Culture
Beyond bill payments, AXS’ plans for the future include building a payment ecosystem
Since its inception in 2000, AXS has been synonymous with its eponymous kiosks that facilitate online bill payments. Now, it wants to…
News
Cash Payments Were Never Meant to Be a Cure-All for Poor Americans
More important, this study has to be evaluated within a large body of qualitative and quantitative evidence that shows cash payments to…
Culture
Claire’s skips rent payments, moving closer to bankruptcy filing
The retailer has struggled since a 2018 bankruptcy handed control to creditors including Elliott Management and Monarch Alternative…
Business
UK lenders await top court's decision over auto finance payments
LONDON (AP) — Millions of motorists in the United Kingdom could be entitled to sizeable compensation payments if the country's Supreme…
Culture
Citigroup looks to issue its own stablecoin to smooth payments
Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to…
Culture
Chinese automakers pledge to make payments to suppliers within 60 days
Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a…
Culture
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers…
Culture
Payments firm Block’s profit misses estimate on underwhelming holiday spending
BLOCK’S fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in…
Culture
JPMorgan adds buy-now, pay-later provider Klarna to its payments platform
JPMORGAN Chase’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later (BNPL) options for its merchants.…
News
Trump Amplifies Conspiracy Over U.S. Payments to Politico
President Trump amplified unfounded claims on Thursday that the government had been paying news media outlets to generate positive…
News
Treasury Sought to Freeze Foreign Aid Payments, Emails Show
In the days after President Trump took office, as Elon Musk’s team began pressing for access to the Treasury Department’s payments system,…
Fashion
HSBC’s payments app closure puts around 400 jobs at risk: source - The Business Times
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from…