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Medicaid Payments Halted for 14 ‘High-Risk’ Programs

Medicaid Payments Halted for 14 'High-Risk' Programs

Minnesota Freezes Payments for High-Risk Medicaid Services Amid Fraud Investigation Minnesota Governor Tim Walz has announced a temporary freeze on payments for 14 Medicaid services, lasting up to 90 days, while a third-party audit examines potential fraud. On Wednesday, the governor described these services as “high-risk” based on data analysis that points to vulnerabilities and […]

States file lawsuit against Trump administration to obtain billions in SNAP payments amid shutdown

States file lawsuit against Trump administration to obtain billions in SNAP payments amid shutdown

Democratic Coalition Sues Trump Administration Over SNAP Funding Amid Government Shutdown On Tuesday, a group of 25 Democratic governors and attorneys general took legal action against the Trump administration. They are contesting the administration’s decision to withhold funding for the Supplemental Nutrition Assistance Program (SNAP) during the ongoing government shutdown. Their argument centers on the […]

Who will receive payments and when under the Senate GOP shutdown pay proposal

Who will receive payments and when under the Senate GOP shutdown pay proposal

The Senate is set to vote on a proposal by Senator Ron Johnson (R-Wis.) this Thursday. The legislation aims to pay federal employees who are classified as “excepted,” meaning they have to continue working during the ongoing government shutdown. This comes as the shutdown, now in its fourth week, stretches on. On Wednesday, Democrats thwarted […]

Chinese yuan’s share in global payments reaches 3.17% in September

Chinese yuan's share in global payments reaches 3.17% in September

A recent release of SWIFT data highlights that the renminbi (RMB) made up 3.17% of global payments in September, which is an increase from 2.93% previously. Analysts suggest this reflects a growing trend in using the renminbi for cross-border transactions, signaling ongoing progress in its internationalization. A report from the Bank for International Settlements (BIS) […]

New Bitcoin Protocol Simplifies Payments

New Bitcoin Protocol Simplifies Payments

Arkade Public Beta Launch On Tuesday, the Ark Research Institute announced the launch of the public beta for Arkade, a much-anticipated development among Bitcoin enthusiasts. Arkade is an upper-layer network protocol built on the Bitcoin blockchain. Its aim is to facilitate user-friendly payments while broadening financial applications, all while maintaining key features of Bitcoin. Many […]

Settlement of $2.5 billion regarding Prime subscriptions: When can we expect the payments?

Settlement of $2.5 billion regarding Prime subscriptions: When can we expect the payments?

(NEXSTAR) — Over a month ago, Amazon settled for $2.5 billion after the Federal Trade Commission (FTC) claimed that the retailer employed “deceptive methods” to sign up millions of customers for paid Prime memberships. So, when can you expect your share of that settlement? Well, that really hinges on your eligibility. Fortunately, the federal agency […]

Who will receive Social Security payments this week on October 22

Who will receive Social Security payments this week on October 22

Social Security Payments Transitioning to Paperless System This week marks the distribution of the third round of Social Security payments for October. What’s notable is that it’s the first month operating under the new paperless policy introduced by the Social Security Administration (SSA). Beginning this October, the majority of recipients are now required to set […]