PYMNTS

Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). This new offering is integrated with the Central Bank of the UAE’s (CBUAE) Aani or Instant Payments Platform (IPP), facilitating low-value payments for corporates in real...

Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE

Switzerland-based cryptocurrency wallet maker Tangem AG has launched a payments partnership with Visa. The collaboration, announced Friday (July 5), has resulted in a Visa payments card combined with a hardware wallet that lets Tangem users make payments using their crypto or stablecoin balances at merchants that accept Visa. “We are...

Visa and Tangem Unveil Combined Payment Card-Crypto Wallet

In response to higher interest rates, several major companies have reportedly made the decision to reduce the size of their supply-chain finance programs. This financing option, which allows companies to extend payment terms with vendors, gained popularity as it enables buyers to retain cash for longer periods while allowing companies to avoid debt on their balance sheets, the Wall Street Journal (WSJ) reported Wednesday (July 3).

Interest Rates Prompt Major Firms to Scale Back Supply-Chain Finance Programs

Our latest episode is all about delivering seamless payments in global gaming, across jurisdictions. In another fascinating episode of the Pay it Forward podcast with payabl. we speak to LeoVegas Group’s Director of Payments, Christian Reinheimer, to find out how they navigate a rapidly evolving industry with diverse local regulations and ensure customers are looked after.

Delivering Seamless Payments in Global Gaming | Pay It Forward with LeoVegas

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up with an anticipated pullback by banks on traditionally “free” services and products. Amid that pullback, there’s opportunity for neobanks, the digital-only...

Amid Fee Caps, Neobanks Eye Opportunity as Banks May Cut ‘Free’ Services

In the past month, branches from major American banks such as Wells Fargo, Chase, and Bank of America have shut down across various states. This wave of closures comes as many customers manage their finances online, reducing the need for physical bank locations. In just six weeks, 79 branches of...

Bank of America and Wells Fargo Among 79 Banks Closing Branches as Customers Shift to Online Banking

Naples, FL

A US banking regulator says a Bank of America employee has illegally accessed customer accounts, leading to tens of thousands of dollars in losses. The Office of the Comptroller of the Currency (OCC) alleges Manuel Alejandro Ramirez Perez engaged in unsafe or unsound practices and violated laws while working as a relationship banker and credit solutions advisor at BofA’s North Naples, Florida branch.

Bank of America Customers’ Information Illegally Accessed and Sold As Renegade Staffer Sparks Fraudulent Withdrawals: US Regulator

Paying with paper checks at Target will soon be a thing of the past. The retailer said it will stop accepting personal checks at its stores later this month, according to a recent report by the Minneapolis Star-Tribune. “Target is committed to creating an easy and convenient checkout experience, and...

Target Says Time’s Up For Paying With Paper Checks

As aggregators compete to win the spending of financially struggling consumers, more players in the space are expanding their acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments. Target-owned same-day delivery aggregator Shipt, for instance, recently said it has begun accepting these benefits on its marketplace, reaching...

Aggregators Expand SNAP EBT Acceptance to Woo Paycheck-to-Paycheck Shoppers

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Millions of Apple’s smartphone and computer/laptop apps were reportedly exposed to a security breach. The breach could be used for potential supply chain attacks, ArsTechnica reported Wednesday (July 3), citing research from EVA Information Security. The exploit was uncovered in CocoaPods, an open-source repository used by several popular apps...

Millions of Apple Apps Exposed to Potential Security Threat

Illinois State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Chicago, IL

Chicago Happenings

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

The Motley Fool

Nvidia, Super Micro Computer, and Microsoft are still the top AI stocks to buy.

3 Artificial Intelligence (AI) Stocks to Buy in June 2024

Newark, NJ

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Benzinga

Even if you’ve never swiped, tapped, or typed in a credit card number, you’re definitely familiar with names like Visa, American Express and Mastercard. Ever stopped to ponder what exactly these companies do? Their logos are plastered on billions of payment cards worldwide, yet they aren’t banks or the folks issuing these cards. Well card networks, unlike banks, serve as the backbone of every transaction serving as the network connecting banks, merchants, and you for a seamless spending experience.
We break down five key things to know about these networks, helping you make an informed choice on which network best suits...

5 Facts About Visa, Amex, Discover, And MasterCard Networks You Should Know Before Picking Your Next Credit Card

Generative artificial intelligence (AI) is growing by leaps and bounds, and while hardware is the initial beneficiary, software will dominate the next wave of AI adoption. Estimates suggest the generative AI software market could soar 18,647% by 2032, according to Bloomberg Intelligence. Palantir is one of the pioneers of AI...

Generative AI Software Sales Could Soar 18,647% by 2032. 1 Unstoppable Artificial Intelligence (AI) Stock to Buy Before They Do (Hint: It's Not Nvidia)

Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and newly-added Saudi Arabia, integrating Mastercard’s expertise into Lulu Group’s operation. “The partnership will introduce revamped features...

Mastercard and LuLu Collaborate on Cardless Payments

New Jersey State

Clifton, NJ

Newark, NJ – Evangelos Megariotis, a 72-year-old orthopedic surgeon from Clifton, admitted to multiple counts of unlawfully prescribing pain medications to his patients. U.S. Attorney Philip R. Sellinger announced the guilty plea today.

Surgeon Guilty of Illegal Narcotic Prescriptions, Faces 20 Years

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Total Apex Sports & Entertainment

The number of relationships and marriages ending because of disloyalty are on the rise. Loyalty plays a key role in strengthening partners’ bond. Yet, some zodiac signs are more loyal than others. They remain committed and faithful to their partners throughout. Loyalty and honesty increases a person’s trust for you.

3 Zodiac Signs Who Are The Most Loyal

NewsBreak

Global Real-Time Payments to Top $58T by 2028

Real-time payments continue to advance globally. Banks, FinTechs, corporates and governments are all pursuing initiatives to accelerate payments for their citizens and customers. Real-Time Payments in...

Global Real-Time Payments to Top $58T by 2028

Comments / 0