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Top News In Payments: The Fed Takes A Closer Look At Big Tech; Goldman CEO Denies Apple Card Credit Bias Claims

PYMNTS

NOVEMBER 22, 2019

In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve the banking industry. President Barack Obama is warning about the potential negative impact that technology can have on society. Security Concerns Prompt Fed To Strengthen Big Tech Oversight.

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South Dakota Apple Taxes Cards 101
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MetaBank, Fiserv To Issue Preloaded Visa Cards For Stimulus Payments

PYMNTS

APRIL 30, 2020

Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Reuters reported its sources confirmed MetaBank of South Dakota and Wisconsin-based Fiserv got the go-ahead following lobbying of the Internal Revenue Service (IRS) by payment industry groups.

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South Dakota Cards Wisconsin Payments 186
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