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Government Payments Related Topics 
PYMNTS
SEPTEMBER 18, 2018
Government Payment Service , the company that enables online payments for thousands of U.S. state and local governments, has inadvertently made available information on more than 14 million customers from as long as six years ago.
PYMNTS
SEPTEMBER 20, 2018
A security firm has revealed that a payment portal used for local government services, such as paying for utilities and permits, has been targeted by hackers. The self-hosted Click2Gov’s servers — operated by local governments across the U.S. — were breached, most likely, through a vulnerability in the portal’s web server.
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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.
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.
Payments Source
JUNE 29, 2016
Consumers making payments to the federal government will be able to do so through the Amazon Payments digital wallet.
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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.
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.
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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.
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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.
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Core
MARCH 19, 2024
Not only do these losses impact the community at large, but payment fraud can also significantly undermine the integrity of local government operations for years. Procurement fraud can include kickbacks, bid rigging, or conflicts of interest between government employees and vendors.
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.
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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.
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.
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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.
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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.
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.
The Fintech Times
DECEMBER 21, 2023
“The TECH5 team is delighted to bring to this partnership deep understanding and implementation expertise of Foundational ID projects at a national level, as well as technology components and infrastructure that support biometric matching, digital ID and identity wallet solutions for frictionless and secure payments.”
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PYMNTS
JANUARY 11, 2021
With the new feature, merchants, businesses, individuals, FinTechs and government entities will be able to utilize real-time payments via the internet, mobile phones and agents, alongside government payments like salaries and pensions, Reuters writes.
Fintech Finance
AUGUST 27, 2024
Globally, ACI covers approximately one-third of the countries that offer real-time payment services, reaching about 3 billion people served by various organizations, including central governments, payment networks, banks, financial institutions, and fintech companies.
Fintech Finance
JANUARY 9, 2024
“We are looking forward to this strategic collaboration with Visa, learning from their invaluable expertise and market knowledge, and jointly developing the next-generation digital identity solutions powered by SSI-based Digital Identity Wallets, with a specific focus on government payment digitization.
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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.
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.
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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
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Fintech Finance
FEBRUARY 28, 2024
Globally, ACI covers approximately one-third of the countries that offer real-time payment services, reaching about 1.8 billion people* served by various organizations, including central governments, payment networks, banks, financial institutions and fintech companies.
PYMNTS
APRIL 24, 2020
. “We’ve been helping governmental agencies for about 20 years now, and over that timeframe, we have definitely seen that ACH has played a much bigger role than it used to, and governments are embracing that,” he said. Business-To-Government Payments.
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Core
FEBRUARY 6, 2024
The responsibility to safeguard public funds—and maintain trust with constituents—falls on government compliance managers, CTOs, comptrollers and auditors, finance teams, and Treasurers. Data Analytics and Monitoring Digital payment systems benefit from automated processes that streamline government payment processing.
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.
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PYMNTS
SEPTEMBER 15, 2020
Though at least some central banks are focusing on wholesale payments — 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) said they were working on CBDCs — central bank efforts may bring retail use cases to bear, specifically through stimulus and government payments to individuals and families.
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PYMNTS
DECEMBER 19, 2018
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 determined that certain employees’ personally identifiable information (PII) may have been exposed,” an alert said at the time. “We We have notified those employees.”.
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PYMNTS
AUGUST 21, 2020
Thus far, he said other banks’ research has shown — and shared — insights on how to move money on one chain, and security on another, but ensure that payments are delivered. The focus on wholesale payments may bring various retail use cases to reality — including stimulus and disbursement of government payments.
107 
PYMNTS
JANUARY 27, 2020
million , following a December 2019 cyberattack that has stalled government payments to suppliers. While government employees have been able to access systems, and the supplier billing portal is functional, reports noted that a backlog of supplier invoices will mean ongoing payment delays.
PYMNTS
DECEMBER 16, 2019
Tracey takes the helm with the groundwork in place for successful delivery of payments Modernization.”. Payments Canada wants to help modernize the infrastructure, standards and rules that govern payments in the country.
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PYMNTS
JUNE 29, 2016
. “Today, digital wallets are popular consumer payment channels because they provide a convenient, safe and simple customer experience.” ” In 2015, PayPal and Dwolla were added as digital wallet options for Federal Government payments.
The Fintech Times
JUNE 21, 2024
Globally, ACI covers approximately one-third of the countries that offer real-time payments services, reaching about three billion people served by various organisations. These include central governments, payment networks, banks, financial institutions and fintech companies. How was this achieved?
Payments Source
SEPTEMBER 27, 2020
Since July, Visa has noticed an uptick in unemployment insurance fraud with prepaid cards being used as a key disbursement vehicle. And the best solution may be rooted in technology, not law enforcement.
165 
PYMNTS
AUGUST 27, 2019
As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain.
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Payments Source
AUGUST 31, 2020
Transfiya, a blockchain-based funds transfer system, is transforming payments in Colombia for the benefit of underbanked and financially excluded consumers.
The Fintech Times
OCTOBER 26, 2024
Future applications for open banking in Saudi Arabia may include better risk assessments for variable income, more efficient government payments, and pre-filled mortgage applications. Buy now, pay later (BNPL) was a common example, with the hope that open banking APIs could improve credit assessment for these services.
PYMNTS
OCTOBER 19, 2020
However, the sheer number of cross-border payments belies the challenges that individuals and companies face when conducting them. The biggest hurdle the cross-border payments industry faces is navigating the networks that govern payment flows in every correspondent bank through which funds pass.
PYMNTS
SEPTEMBER 8, 2017
But that all changed in June of last year, when the Supreme Court ruled in a separate case that some courts made it too difficult to pursue cases of false claims and said whistleblowers can sue over misinformation that impacted government payment decisions, noted the report. .
PYMNTS
JUNE 3, 2020
TrueLayer To Enable UK Government Payments. government to work with public sector entities and provide them with payment initiation services, according to reports in SmartCitiesWorld. Below, PYMNTS breaks down the latest in bank-FinTech partnerships. API technology firm TrueLayer has been cleared by the U.K.
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PYMNTS
APRIL 9, 2020
Financial concerns caused by the temporary closures of many businesses as well as rising health concerns are leading many to request funds they have been waiting for — including rebates, insurance claims or government payments — as quickly and as easily as possible.
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PYMNTS
JANUARY 29, 2019
In one example of an omnichannel nature of bank offerings in Egypt, the National Bank of Egypt and Banque Misr this month issued a national prepaid payment card that also allows users to pay all government payments across electronic means. banks) – has joined a $30 million investment round that brings funding to Finxact.
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Neopay
SEPTEMBER 26, 2024
The PSR, as part of the Joint Regulatory Oversight Committee (JROC), established the VRP Working Group in June 2023, which developed a blueprint for implementing VRPs for financial services, utilities, and government payments. The PSR also consulted on Faster Payments proposals to enable a phased rollout of VRPs.
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