Tag Archives: payments

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter. The banks …

As millions of Americans rely on Social Security for their monthly income, new reports indicate the program’s finances are at a critical juncture. Here’s what every current or soon-to-be recipient should understand about the future of Social Security, the risks to your benefits, and what steps Congress could take to keep the program strong. When will Social Security “run out …

WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Notice urging financial institutions to be vigilant in identifying and reporting suspicious activity involving convertible virtual currency (CVC) kiosks. While CVC kiosks can be a simple and convenient way for consumers to access CVC, they are also exploited by illicit actors, including scammers. The risk of illicit …

Even Top Earners Are Falling Behind on Credit Card and Car Payments  Bloomberg.com ‘It’s extremely unfortunate’: New data shows more car owners are underwater on auto loans  WWMT New Car Buyers Are Getting Trapped in This Scary Financial Situation  autoblog.com The Car Bubble Bites Back As More Than 25 Percent Of Trade-Ins Are Reportedly Underwater  The Autopian Underwater car loans hit their highest level …

PayPal Drives Crypto Payments into the Mainstream, Reducing Costs and Expanding Global Commerce Pay with Crypto powers near-instant settlement, seamless international transactions and provides transaction fee savings of up to 90% SAN JOSE, Calif., July 28, 2025 /PRNewswire/ — Businesses around the world lose billions annually in cross border fees while navigating a complex banking system to make and accept …

White House Seeks Payments From Other Universities—Including Harvard—After Columbia Deal Sets Precedent  The Wall Street Journal Columbia Walked a Tightrope on Its Way to a $200 Million Settlement With Trump  The New York Times What Columbia’s settlement with the Trump administration means for higher education  PBS Columbia made a deal with the Trump administration to restore federal funding. Is Harvard next?  The Boston Globe …

Electric bills in Pennsylvania could climb as much as 5% as rising rates paid to power plants trickle down the system. That’s according to PJM Interconnection, a regional body that ensures utilities have enough power to supply their customers during peak demand times, like a heat wave or cold snap. Each year, the organization holds an auction where the power …