Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.

Sweden Fines Swedbank $386M For AML Missteps

Sweden Fines Swedbank $386M For AML Missteps
Sweden Fines Swedbank $386M For AML Missteps
March 20, 2020  |  Cross-border Payments

Sweden’s oldest retail bank will face a hefty $386 million fine for a scandal that erupted last year over the bank’s poor handling of money...

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The Light At The End Of The COVID-19 Tunnel
The Light At The End Of The COVID-19 Tunnel
March 19, 2020  |  Economy

It is easy to get a little bit confused when one takes a step back and looks at the unfolding public reaction to the COVID-19...

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COVID-19 Relief 101:  What’s Passed Already, What’s Up For Debate And What’s Next
COVID-19 Relief 101: What’s Passed Already, What’s Up For Debate And What’s Next
March 19, 2020  |  Economy

While the COVID-19 has been a looming and growing threat on the global stage since almost the start of the new year, for U.S. citizens,...

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NEW REPORT: How COVID-19 Changed Daily Life For 85 Percent Of US Consumers
NEW REPORT: How COVID-19 Changed Daily Life For 85 Percent Of US Consumers
March 18, 2020  |  Economy

The United States has reached a tipping point on COVID-19, with federal state and local governments implementing new restrictions on where consumers can travel, how...

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Paper Checks, COVID-19 And The Flaw With Analog Relief Payments
Paper Checks, COVID-19 And The Flaw With Analog Relief Payments
March 18, 2020  |  Economy

This week after what has felt like a steady drumbeat of bad news, American workers who’ve seen their employment either greatly truncated or completely evaporate in...

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Tax Time Tardiness And The Faster Refund
Tax Time Tardiness And The Faster Refund
March 17, 2020  |  Taxes

It’s unprecedented. The federal tax filing deadline in 2020 has been waived in the wake of coronavirus disruptions. The president announced there will be no...

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Kount Control Aims To Cut Account Takeover Fraud
Kount Control Aims To Cut Account Takeover Fraud
March 17, 2020  |  Merchant Innovation

With a new solution announced Tuesday (March 17), identity trust and digital fraud protection firm Kount seeks to help people avoid the pitfalls and annoyances...

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Payhawk Raises $3.35M For Virtual Corporate Cards
Payhawk Raises $3.35M For Virtual Corporate Cards
March 16, 2020  |  B2B Payments

Payhawk, which makes next-generation paperless company cards, closed a 3-million-euro ($3.35 million) seed funding round primarily aided by Earlybird’s Digital East Fund, according to reports....

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