disbursements

CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
April 11, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor...

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This Week in AI: Using AI to Mitigate Tariff Uncertainty and Bank of America’s Big Bet
This Week in AI: Using AI to Mitigate Tariff Uncertainty and Bank of America’s Big...
April 11, 2025  |  Artificial Intelligence

Artificial intelligence continues to dominate headlines as businesses accelerate their digital transformations. From banking to AI models, here are the top stories PYMNTS published this...

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92% of Enterprises Expect Instant Payments to Dominate Ad Hoc Payments
92% of Enterprises Expect Instant Payments to Dominate Ad Hoc Payments
April 04, 2025  |  Disbursements

With government disbursements very much in the news these days, a recent report from PYMNTS and Ingo Payments is starting to look prescient. The October...

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Trump Exec Order Puts Paper Checks on Borrowed Time, but Data Hurdles Loom Large
Trump Exec Order Puts Paper Checks on Borrowed Time, but Data Hurdles Loom Large
March 31, 2025  |  Monday Meetup

By now, President Donald Trump’s executive order to modernize how the federal government handles treasury disbursements is old news. The move, dubbed by some as...

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DOGE Plans to Update Outdated SSA Coding Language
DOGE Plans to Update Outdated SSA Coding Language
March 30, 2025  |  Disbursements

The Department of Government Efficiency (DOGE) is reportedly working on an overhaul of Social Security Administration (SSA) computer systems. As Wired reported Friday (March 28),...

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The US’s $750 Million Bet: Ending Paper Checks to Drive Digital Finance
The US’s $750 Million Bet: Ending Paper Checks to Drive Digital Finance
March 28, 2025  |  Payment Methods

The federal government’s move to eliminate paper checks by Sept. 30 signals a massive shift toward digital transactions, potentially saving the Treasury $750 million. This...

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New Data Shows Dramatic Consumer Shift on Instant Digital Disbursements
New Data Shows Dramatic Consumer Shift on Instant Digital Disbursements
March 27, 2025  |  Disbursements

Even as an executive order mandating digital disbursements from the U.S. Treasury gains momentum, data from a new report underscores a powerful undercurrent reshaping financial...

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Executive Order on Checks Targets $175 Billion in Government Disbursements
Executive Order on Checks Targets $175 Billion in Government Disbursements
March 26, 2025  |  Faster Payments

The size and scope of paper checks sent in the service of government benefits and payments is staggering — even if those transactions are a...

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Trump Signs Executive Order to Eliminate Paper Checks for Treasury Payments
Trump Signs Executive Order to Eliminate Paper Checks for Treasury Payments
March 25, 2025  |  Disbursements

The federal government will stop issuing paper checks for disbursements, effective Sept. 30, and will stop accepting them for payments “as soon as practicable.” At...

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