https://www.pymnts.com/disbursements/2025/us-government-to-stop-issuing-and-accepting-paper-checks/
#Disbursements #Digital #Payments #disbursements #Donald #Trump #executive #order #News #paper #checks
Event Attributes
Sam Altman's World Network in talks with Visa for stablecoin wallet, CoinDesk reports
> Sam Altman's #cryptocurrency project #WorldNetwork is in talks with Visa for a #stablecoin payments #wallet, #CoinDesk reported on Monday citing a person familiar with the plans.
> A deal will bring #VisaCard functionality to World Network wallets and allow stablecoin-based #payments to merchants that are part of the payments giant's network, the report said. https://www.channelnewsasia.com/business/sam-altmans-world-network-talks-visa-stablecoin-wallet-coindesk-reports-5020861 #crypto
How Pay-Over-Time Can Help Banks Fight the #BNPL Surge
Government, administration, nation-state, do not go bankrupt… as long as they issue their currency and maintain an army to enforce it.
In 2020, the Fed "directly lent to corporations or they bought corporate debt off of financial market participants who had this corporate debt, or anyone who really needed to sell it. […] They just made sure that anyone who needed liquidity essentially had it." https://www.crisesnotes.com/musk-in-your-computers-paul-krugman-interviews-nathan-tankus/
Swiss National Bank Launches Pilot for Wholesale #CBDC on Digital Exchange
Liberapay: Open, Nonprofit Recurring Donations
Liberapay is a nonprofit platform that enables recurrent donations, supporting creators and projects that contribute to the commons. It was designed as an open alternative to commercial crowdfunding services, with a focus on funding free and open‑source software, art, and the free sharing of knowledge.
Read More: https://machaddr.substack.com/p/liberapay-open-nonprofit-recurring
A Proactive Approach to Payment Fraud Prevention
Consumer education is critical to fraud management
Positive Pay is a vital investment for fraud prevention
https://news.bloombergtax.com/payroll/a-proactive-approach-to-payment-fraud-prevention
Retailers are pushing payment modernization as customers ask for more
A KPMG survey found that a majority of retailers plan to keep updating their payment programs to keep up with consumer tech demands.
Using crypto tech at U.S. agencies is dangerous, finance expert warns
Using #BlockChain as the “plumbing” for government payments would make those transactions visible and vulnerable to bad actors
Bank transfer fraud losses outpace crypto
The value of fraud losses last year was highest for bank transfers and payments, followed by #Cryptocurrency transactions, according to a report from the Federal Trade Commission released last week.
https://www.paymentsdive.com/news/bank-transfer-fraud-losses-crypto-federal-trade-commission/743202/
One issue looms as Capital One's megadeal hits home stretch
Their combined subprime card exposure could be a deciding factor for regulators
https://www.americanbanker.com/news/one-issue-looms-as-capital-ones-megadeal-hits-home-stretch
Google Wallet is introducing tap-to-pay functionality for children
#Payments players landed less capital in 2024: S&P report
Venture capitalists invested 47% fewer dollars, compared to 2023, despite most of the startups posting increased revenue last year.
How Walmart became a battleground for #BNPL industry
Affirm lost their relationship with the retailer when Klarna partnered with consumer finance app OnePay, which is tied to Walmart's fintech unit
https://www.americanbanker.com/payments/news/klarna-lures-walmart-away-from-affirm-in-bnpl-battle
Mastercard courts community banks
The card network has initiated a new partnership with the Independent Community Bankers of America that will extend its services to that group’s financial institution members.
https://www.paymentsdive.com/news/mastercard-community-banks-payments-digital-wallets-fraud/743080/
Can New 'Credential' Concepts from Mastercard and Visa Recapture Consumers' Eroding Loyalty?
My two cents: it’s a complicated scheme that very few people will adopt.
Crossmint Secures $23.6 Million to Facilitate the World’s Onchain Transition - With the participation of Ribbit Capital, Franklin Templeton, NYCA, First Round, L... - https://news.bitcoin.com/crossmint-secures-23-6-million-to-facilitate-the-worlds-onchain-transition/ #artificialintelligence(ai) #payments #news
Bakkt stock down after Bank of America breaks ties
Bank of America and Webull Pay LLC opted not to renew their commercial agreements with the digital asset and payment fintech
https://www.americanbanker.com/news/bakkt-stock-down-after-bank-of-america-breaks-ties