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How Federal Debt May Impact Banking

South State Correspondent

The relationship between federal deficits and interest rates may depend on many complex factors, such as: whether tax rate changes, money supply changes, government spending changes, or political and economic stability worldwide accompany the deficits.

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Wells Fargo Fallout, New Amazon Payments Top Week’s News

PYMNTS

Visa’s Chief Risk Officer On Securing Commerce In The 2020s. Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The Bank App Feature 54.1

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Blockchain Believers Remain Bullish On B2B Payments Disruption: PayPie

PYMNTS

Dun & Bradstreet recently released a survey that found only about one-quarter of finance executives believe blockchain will emerge as the dominant B2B payments technology by 2028; instead, professionals believe online payments and eChecks will lead the way.

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Democrats Propose Tax On Stocks, Bond, Derivative Deals

PYMNTS

In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. Peter DeFazio (D-OR) is spearheading the “Wall Street Tax Act of 2019” bill, with U.S. Alexandria Ocasio-Cortez (D-NY) as its lead co-sponsor, CNBC reported.

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